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Plot allotment to Delhi resident: Man meets Greater Noida officials as directed by consumer forum

Armed with a state consumer dispute redressal commission order, directing him to meet the Greater Noida authority officials to seek redressal of his grievance over the non-allotment of an industrial plot in the year 2000, petitioner Mahesh Mitra met chief executive officer Ritu Maheshwari and other officials on Thursday. The matter pertains to the non-compliance […]

Microchip Technology buys 1.68 lakh sq ft office space in Hyderabad for Rs 175 crore

US-based semiconductor major Microchip Technology has acquired 168,000 sq ft of office space in One Golden Mile, a grade-A commercial tower located in the business district of Kokapet in Hyderabad for an estimated Rs 175 crore, in one of the largest buyout deals in the commercial real estate market in the city. Capital values in […]

Haryana RERA asks promoter of ILD Grand project to refund Rs 72 lakh to homebuyer

GURUGRAM: The Gurugram bench of the Haryana Real Estate Regulatory Authority (HRERA) has asked the promoter of ILD Grand project at Sector 37 C in Gurugram to refund Rs 72 lakh to one of its buyers. The applicant had approached the authority in February 2019 after the builder failed to deliver the housing unit as […]

Chintels collapse: Final order on compensation likely in 2 days, says panel

The district committee, which is reviewing the evaluation report of flats of Tower D in Chintels Paradiso, said on Tuesday that the final order on compensation to be paid to homeowners is likely to be issued within two days. The district committee met the homeowners of Tower D on Tuesday and discussed the revised valuation […]

Noida plans elevated road between Rajnigandha chowk and sector 56

The Noida authority on Monday said it is considering a proposal to build an elevated road from Rajnigandha Chowk (at sector 19/2-19/3 intersection) to sectors 12/22 and sector 56 t-point, so that traffic signals on this road can be removed and traffic congestion problems here can be resolved.The authority planned to build this road in […]

DB Group deputy MD buys bungalow in Delhi’s Golf Links for Rs 75 crore

Pawan Agarwal, Deputy Managing Director of DB Group (Dainik Bhaskar), has bought a 575- square yard bungalow in Delhi’s Golf Links for 75 crore, two people aware of the transaction told ET. Agarwal joins the likes of Sunil Vachani, chairman of Dixon Technologies, and Vishwavir Ahuja, former chairman and managing director of RBL Bank, in […]

Malls, brands at loggerheads over rent hikes

Tension has built up between brands and malls across India with leading malls planning to increase rentals every year, putting them at loggerheads with retailers who are negotiating to retain the current system of rental hikes every three years. While discussions have started, industry insiders said large retailers are opposing the move given the number […]

Realtors demand Haryana like scheme to settle financial dues

Realtors have demanded that the Uttar Pradesh government come up with a scheme similar to the one announced by the Haryana government to settle land dues, and said that without such a settlement scheme, group housing projects will not be delivered or revived. The Haryana government in 2017 waived 75% interest and took only 25% […]

State consumer forum asks Greater Noida authority to comply with earlier orders to allot plot to Delhi resident

The Uttar Pradesh consumer dispute redressal commission on Tuesday directed the Greater Noida authority to ensure ”100% compliance” of earlier orders and address the grievance of a complainant, who missed out on the allotment of an industrial plot in 2014, and has been suffering for about two decades since then due to the ”negligence” of […]

Now, three-storey buildings in Noida can have lifts too

NOIDA: The Noida Authority has decided to allow the installation of lifts in three and four-storey buildings for the convenience of the elderly – almost 8 years after a proposal related to this was made by a committee. According to the current building rules in the city, lifts are mandatory only if buildings are taller […]

UP-RERA logs 23% growth in registration of new real estate projects in 2022

NOIDA: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has witnessed a 23 per cent growth in registration of new projects in 2022 as compared to the preceding year, an official statement said on Monday. A total of 215 projects were registered across Uttar Pradesh in 2022, the UP RERA said. The UP RERA […]

Norms relaxed, min requirement to register plots 100 sq yards now in Gurugram

GURUGRAM: The Municipal Corporation of Gurugram (MCG) on Thursday announced that plots having an area of 100 square yards can be regularised. The move comes at a time when the state government is trying to check mushrooming of illegal colonies. MCG commissioner PC Meena said that earlier the regularisation and sub-division was allowed for plots […]

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