The Noida authority has begun implementing ‘building safety guidelines’ for group housing buildings to ensure residents’ safety from April 1. Under the new guidelines, if a developer applies for an occupancy certificate before allowing apartment owners to move in, they must obtain a safety certificate from experts appointed by the Noida authority. On November 30, […]
The Enforcement Directorate (ED) has taken physical possession of 15 land parcels situated in Gurugram, Haryana, having book value of 245.05 crore. The land belonged to the Trikar Group, a front of owners of Unitech Ltd. This is the latest addition to 7,612 crore worth proceeds of crime identified by the ED officials till date, […]
Haryana Real Estate Regulatory Authority (HRERA) has ordered a ban on sale and purchase of any unit in Raheja Revanta, freezing of unsold inventory, and forensic audit of the project due to alleged harassment of homebuyers by Raheja Developers. The project was started in 2011 and despite homebuyers paying over 95 percent of the total […]
Authum Investments and Infrastructure has completed a Rs 3351 crore takeover of former Anil Ambani company Reliance Home Finance Ltd (RHFL), in what is the biggest resolution of a debt laden non banking finance company (NBFC) outside the bankruptcy courts. “Authum has transferred the requisite amounts to secured creditors and the business transaction agreement has […]
GURUGRAM: The forest department is yet to demolish illegal structures in the Aravalis, over eight months after the Supreme Court (SC) ordered that the protected forest area in four Faridabad villages be cleared and restored. The government sought a four-month extension for the exercise, which expired in February. Three committees were set up and notices […]
Municipal Corporation of Gurugram is yet to identify an alternative place to dump waste following the March 31 deadline to stop daily waste dumping at Bandhwari landfill. The civic agency has decided to continue sending waste to Bandhwari for the time being. The state chief secretary directed the officials of the municipal corporations of Faridabad […]
The Yamuna Expressway Industrial Development Authority (Yeida) on Friday said it has decided to start buying the land from farmers from April 15 this year, for allotting it to investors who want to set up their industrial units along the Yamuna Expressway in the vicinity of Noida international greenfield airport in Jewar. Yeida has issued […]
Financial advisory firm Avener Capital along with its group entity Bajaj Consultants has bought a luxury sea-view duplex apartment in a super-premium residential tower on Dr. Annie Besant Road in Mumbai’s plush Worli locality for over Rs 100.70 crore. The apartment spread over 9,593 sq ft on the 21st and 22nd floor of the tower […]
Amazon Development Centre has leased 650,000 sq ft of space in Bengaluru in one of the most significant office transactions in recent times. The web commerce company registered the document in February for a 60-year lease, and will pay rent of 62 per sq ft, the lease record shared by Propstack showed. The new facility […]
The civic body also plans to install lights under the two flyovers and renovate the structures before the next set of G-20 meeting starts in the city.The New Delhi Municipal Council (NDMC) is installing flags, dynamic lights and decorative poles on Ranjit Singh flyover and the Safdarjung flyover, Satish Upadhyay, the vice-chairperson of the council, […]
After a recent attempt by the Ghaziabad Development Authority (GDA) to push for the handover of Indirapuram locality to the Ghaziabad municipal corporation, preferably before the local body elections that are due any time now, the agencies have decided to hold another joint survey to reassess the funds required for upgrading deficient infrastructure. A joint […]
NEW DELHI: Mahindra World City Developers, a subsidiary of Mahindra Lifespace Developers, has transferred land admeasuring 9.24 acres on perpetual lease within the Mahindra World City, Chennai to Alliance Budget Housing for the development of a multistorey residential project. This project will be an addition to Mahindra World City’s existing residential and commercial offerings. The […]
