NEW DELHI: Office space absorption across India’s six cities i.e. Bengaluru, Chennai, DelhiNCR, Hyderabad, Mumbai and Pune stood at 54.8 million sq ft, recording a 48.5% increase in 2022, as per data by Savills India, a real estate advisory firm. This was very close to the historic peak of 55.7 million sqft, recorded in 2019, […]
The Haryana government has increased the maximum income level of families that can get concessional treatment at private hospitals from 60,000 per annum to 1.80 lakh per annum. Gurugram deputy commissioner Nishant Yadav, who chaired a meeting on this matter with health authorities and representatives of private hospitals on Wednesday, said in a statement on […]
Gurugram: The Haryana government on Sunday appointed PC Meena as the new commissioner of the Municipal Corporation of Gurugram (MCG) and also named him as officer on-special-duty to the Gurugram Metropolitan Development Authority (GMDA). Meena was serving as managing director, Dakshin Haryana Bijli Vitran Nigam (DHBVN) and had also served in several key posts in […]
While acknowledging that the Noida authority’s reschedulement scheme will will address the issues in projects having dues upto 50 crore, many developers and builders said it will not have much impact on the real estate sector. The Noida authority on Wednesday launched a new scheme allowing builders more time to pay their financial dues and […]
The Noida authority on Saturday said it has decided to start a drive against homeowners who have carried out illegal constructions in their flats in sectors 26, 27, 28, 29, 30, 31, 33, 34 and 37. The authority will carry out a survey in each sector within the next 15 days to figure out the […]
NOIDA: The Uttar Pradesh Real Estate Regulatory Authority (RERA) on Thursday said it disposed of roughly 9,300 consumer complaints in 2022, on an average 25 cases daily. The UP RERA was established in 2017 to regulate the fast-growing real estate sector, bring transparency, protect the interest of homebuyers and ensure speedy resolutions of disputes of […]
GURUGRAM: The department of town and country planning has written to its director general recommending not to renew the licence of any current and future projects of Countrywide Promoters Pvt Ltd, as well as the registration of an FIR against the developer for noncompliance of the conditions of the occupancy certificate. The letter, sent by […]
The draft Master Plan 2031 may take shape in 2023 as the Ghaziabad development authority has received another 35 public objections against the transit-oriented development (TOD) zones of the Regional Rapid Transit System (RRTS) project. The authority officials said they have planned to dispose and incorporate the changes to the draft plan and send it […]
The Haryana government has increased the maximum income level of families that can get concessional treatment at private hospitals from 60,000 per annum to 1.80 lakh per annum. Gurugram deputy commissioner Nishant Yadav, who chaired a meeting on this matter with health authorities and representatives of private hospitals on Wednesday, said in a statement on […]
NOIDA: Call it the twin towers effect and the Supreme Court’s scathing criticism of its role. The Noida Authority is considering bringing a policy next year to slap fines on developers who deviate from approved layout plans and don’t adhere to building regulations. The policy, according to sources, will classify the problems that homebuyers face […]
SINGAPORE: Link Real Estate Investment Trust (REIT) is buying a portfolio of Singapore shopping malls for S$2.16 billion ($1.6 billion) from Mercatus Co-operative in its first foray into the city state, it said on Wednesday. The deal is for the acquisition of suburban retail assets Jurong Point and Swing By @ Thomson Plaza, along with […]
Haryana chief minister Manohar Lal Khattar announced a new rate of compensation – 2.67 crore per acre as opposed to the earlier rate of ₹92 lakh per acre – for landowners in Kasan, Kukrola and Sehrawan villages in Manesar on Thursday. The government hopes this will appease landowners in these three villages, who have been […]
