News

Homebuyers in Noida protest against Mahagun Group over delayed project

NOIDA: Amid scorching heat, scores of homebuyers on Friday afternoon held a demonstration here outside realtor Mahagun Group’s office over the delay in possession of flats and bank EMI-related issues. The buyers gathered at the realtor’s head office in Noida Sector 63 with a demand to meet group director Amit Jain over the delay in […]

Godrej Properties to invest over $1 billion in next couple of years: Pirojsha Godrej

NEW DELHI: Realty firm Godrej Properties Ltd (GPL) plans to invest more than USD 1 billion over the next couple of years to acquire and develop new projects as part of its target to achieve higher growth, its Executive Chairman Pirojsha Godrej has said. Addressing shareholders in the company’s annual report, he highlighted that, for […]

Ghaziabad development body identifies over 320 illegal colonies, to make list public

GHAZIABAD: The Ghaziabad Development Authority (GDA) has identified over 320 illegal colonies in the district and it plans to make the list public so that buyers exercise caution while investing in such colonies. The list will soon be uploaded on GDA’s portal. In fact, GDA has long tried to rein in illegal colonies and a […]

Noida: 200 residential plots up for grabs in Sector 151 soon

NOIDA: After an upcoming golf course in Sector-151, Noida authority will now launch a residential plot scheme of over 200 plots in the newly developed sector across Noida expressway by July end-early August. While the plots range from 250 to 450 sqms, officials have been given a deadline of July 31 to launch the scheme. […]

Dmart buys Rs 100 crore retail space in Goregaon from Sunteck Realty

Billionaire investor Radhakishan Damani’s company Avenue Supermarts has bought retail space worth around Rs 100 crore from property developer Sunteck Realty at its upcoming project Sunteck City in Goregaon suburb of Mumbai, said persons with direct knowledge of the development. Avenue Supermarts that owns retail chain Dmart has bought a total of nearly 40,000 sq […]

Emerald court project: SC closes contempt case against Supertech

NEW DELHI: The Supreme Court on Friday closed a contempt case against a real estate firm Supertech Ltd after the company informed that it has refunded the amount to some of the homebuyers, who had booked flats in its Emerald court project at Noida in Uttar Pradesh, whose demolition was ordered by the Allahabad high […]

Over 425 buildings in Delhi identified as dangerous

NEW DELHI: Total 428 buildings have been identified as dangerous in the annual building survey carried out by the three municipal corporations of Delhi this year. Surprisingly, East Delhi Municipal Corporation, which surveyed about 3.9 lakh buildings, did not find even a single dangerous structure. A senior east corporation official said that the survey exercise […]

Delhi: SDMC to grant ownership right to Parda Bagh rehabilitation colony

NEW DELHI: South Delhi Municipal Corporation (SDMC) has decided to grant ownership right to the residents of Parda Bagh Rehabilitation Colony in Daryaganj. According to an order issued by the land and estate department on Monday, at least 50 allottees of residential plots have been assured ownership rights. “Before executing the process, the structure of […]

Fire safety systems in most high-rises in Noida damaged, reveals audit

NOIDA: The fire department in its audit of highrises in Noida and Greater Noida has found many buildings where the hydration system has collapsed because of hard water. An audit has been conducted since April. Multiple apartments have also complained that the fire safety systems of their buildings are not operational and are in a […]

Over 15,000 apply for 440 YEIDA residential plots

GREATER NOIDA: Amid Covid-19, the response to Yamuna Expressway Industrial Development Authority’s (YEIDA) residential plot scheme was good. As against 440 plots ranging between 60 sqm and 4,000 sqm on offer across sectors 17, 18, 20 and 22D, total applicants were 15,624. YEIDA allotted 422 plots out of the 440, where a maximum of 117 […]

DDA extends last date for payment of balance bid premium for e-auctions

NEW DELHI: In view of the financial distress faced by people during the second wave of COVID-19, the DDA has extended the last date for submitting balance 75 per cent bid premium to July 31, for successful bidders in e-auction, officials said. In a statement issued on Thursday, the Delhi Development Authority (DDA) announced the […]

NBCC sold office space worth Rs 936 crore at upcoming World Trade Centre

State-run NBCC (India) Ltd has sold premium office space in South Delhi to the Telecom Regulatory Authority of India (Trai), Central Electricity Regulatory Commission (CERC) and National Informatics Centre Services Inc (NICSI) and one other government entity for Rs 936 crore in an auction, a senior NBCC executive told ET. The space was sold at […]

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