News

NIAL to float plot scheme for industrial units at MRO hub in second phase of Jewar airport

The Noida International Airport Limited (NIAL) on Friday decided to come up with a plot scheme for industrial units at the proposed maintenance, repair and operations (MRO) hub to be developed in the second phase of the civil aviation hub in Jewar, officials aware of the development said. Initially, NIAL will come up with the […]

New infra projects likely to be focus of Delhi Budget in 2023

The theme of the Delhi Budget is likely to be infrastructure development with the government expected to announce at least 30 new projects, including double-decker flyovers, underpasses and bridges, in a bid to decongest the Capital, officials aware of the matter said on Thursday. “The Aam Aadmi Party (AAP) government wants to upgrade and beautify […]

Haryana panel to study if building fourth floor can be permitted

The Haryana government’s town and country planning department has formed a five-member committee to look into the contentious issue of construction of a fourth floor and a stilt on residential plots. The panel, which will be headed by P Raghavendra Rao, chairperson of the state pollution control board, has been asked to recommend the future […]

Ganga Realty to invest Rs 750 crore to develop affordable housing project in Gurugram

NEW DELHI: Gurugram-based Ganga Realty will invest Rs 750 crore to develop an affordable housing project – Tathastu in sector 5, Sohna, the company said in a media release. Spread across approximately 22 acres, the project will offer 3 BHK apartments with carpet area of 645.73 sq ft at a price of Rs 25.14 lakh. […]

315Work Avenue leases 25,000 sq ft to Urban Company in Bengaluru

NEW DELHI: 315Work Avenue, a co-working space provider, has leased around 25,000 sq ft space to Urban Company in Bengaluru for a total tenure of 60 months. Located at Krimson Square, HSR Layout, this new office of Urban Company is expected to house more than 500 employees. Manas Mehrotra, founder, 315Work Avenue said, “This deal […]

Noida homebuyers seek govt policy to resolve issues of 30 stuck realty projects

In the absence of a concrete policy to address issues of 30 stuck realty projects in Noida and Greater Noida, launched by developers who are currently facing bankruptcy proceedings, homebuyers are in a fix as they have no definite timeline as to when they would get ready flats or a refund of their money despite […]

MCG to hold weekend camps to rectify errors in property IDs of residents

To rectify errors that have crept into the newly generated property IDs, the Municipal Corporation of Gurugram (MCG) will organise camps this weekend in 17 residential areas, said civic officials. Haryana’s urban local bodies minister Kamal Gupta held a meeting with the officials of the MCG on Thursday and directed them to resolve the issue […]

HDFC may contest IL&FS building sale to Brookfield

Mortgage lender HDFC is contemplating approaching the Supreme Court to challenge a decision by the National Company Appellate Tribunal (NCLAT) allowing the sale of the IL&FS headquarters in Mumbai to Brookfield, a Canadian investor. NCLAT had turned down HDFC’s appeal for a stay on the sale of the property located in the Bandra Kurla Complex, […]

DDA offers buyback, reconstruction, flat swap options to owners of Signature View Apartments

NEW DELHI: Residents of the structurally damaged Signature View Apartments here have been offered three options — buyback, rent for the time period till the flats are reconstructed or apartments at other locations — by the DDA, officials said on Thursday. Lieutenant Governor V K Saxena, who is also the chairman of the Delhi Development […]

Ggm property ID details incorrect: residents; officials told to better services

Municipal Corporation of Gurugram (MCG) commissioner PC Meena held a property tax review meeting with the officials concerned on Tuesday and directed them to operate the citizen facilitation centre seven days a week, till March 31, to ensure better and timely services. The directions were issued after residents from different areas alleged that errors have […]

Chintels: Pay rent at 15 per sqft to residents, get towers vacated soonest, DTCP tells builder

The department of town and country planning (DTCP) on Wednesday issued directions to Chintels India Limited, the developer of Chintels Paradiso apartments in Sector 109, to get towers E and F vacated at the earliest. The department stipulated that the developer should pay a monthly rent to occupants of towers E and F at the […]

Builders have to submit structural audit reports for OC from April 1 in Noida

NOIDA: The structural audit policy of the Noida Authority will finally come into effect from April 1, making it mandatory for developers to seek occupancy certificates for new or delayed projects after getting their buildings structurally vetted by an institute empanelled by the Noida Authority and creating a framework for homebuyers to seek quick redress […]

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