News

Gurugram police make first arrest in Chintels roof collapse case

The Gurugram police on Wednesday arrested a 40-year-old construction contractor who was allegedly carrying out renovation work in the sixth-floor apartment at the Chintels Paradiso condominium in Sector 109, where a roof cave in led to the collapse of the ceilings of all the flats beneath it on February 10. Two people were killed in […]

Haryana RERA asks Pareena Laxmi Infra to pay delayed possession charges to 51 allottees

GURUGRAM: The Gurugram bench of the Haryana real estate regulatory authority (RERA) has asked Pareena Laxmi Infrastructure Private Limited to pay delayed possession charges to 51 allottees of its project after the builder failed to deliver the housing units on time. The developer has been asked to pay the interest rate well within the time […]

Mindspace REIT raises Rs 100 crore through commercial papers

NEW DELHI: Mindspace Business Parks REIT (Mindspace REIT), sponsored by K Raheja Corp group, has completed issuance of commercial papers of Rs 100 crore for a maturity of three months at an interest rate of 7.20% per annum, the company said in a BSE filing. Vinod Rohira, CEO of the company said, “After successfully exploring […]

75% work on Parthala flyover project over, says Noida authority

NOIDA: The Noida authority on Sunday said that it has expedited work on the Parthala flyover project in order to meet the March 31, 2023, deadline. The authority has set a target to open the flyover in April 2023, and end long-standing traffic diversions on the busy stretch. Currently, commuters have to take a diversion […]

PM to inaugurate Gurugram-Dausa section of Delhi-Mumbai Expressway soon: Gurugram MP

Prime Minister Narendra Modi will inaugurate the Gurugram-Dausa stretch of the Delhi-Mumbai Expressway soon, as work on this section is almost complete, said Gurugram MP and union minister Rao Inderjit Singh on Tuesday. Singh, who attended a meeting with union transport minister Nitin Gadkari in Delhi on Tuesday, said a key proposal to build an […]

CDSL buys 46,000 sq ft office in Mumbai’s Lower Parel for Rs 163 crore

Central Depository Services Ltd (CDSL) has acquired two floors of office space measuring over 46,000 sq ft carpet area in commercial tower Marathon Futurex in Mumbai’s Lower Parel business district for Rs 163 crore. The depository services company has paid stamp duty worth Rs 9.79 crore for the registration of the deals that took place […]

Six years & eight deadlines on, DLF colonies’ takeover still stuck in Gurugram

GURUGRAM: MCG is yet to take over DLF 1, 2 and 3, six years after the takeover was announced. The developer has missed eight deadlines for handover of the three licensed colonies till now, the latest being June 2022. These areas were to be taken over by the civic body after completion of deficient infrastructure […]

Ghaziabad: 4,700 flats yet to be sold, UP housing board slashes rates by 20%

GHAZIABAD: The UP Housing Board has slashed rates of dwelling units by 20% across all its housing projects to make the rates compatible with market rates. There are nearly 4,700 unsold units under the housing board schemes in Siddharth Vihar and Mandola. “We decided to slash the rates of dwelling units under all the UP […]

Bajaj family buys five apartments in south Mumbai for Rs 104 crore

Members of the Rahul Bajaj family have bought five sea-view apartments in luxury residential project Raheja Vivarea in south Mumbai’s Mahalaxmi locality for nearly Rs 104 crore. Two apartments have been bought through the Nirvaan Family Trust, while Shefali Bajaj, Sanjali, Bajaj and Manish Kejriwal have bought one apartment each. Bajaj’s son-in-law Kejriwal is also […]

Noida authority releases 295 crore to land owner Reddy

The Noida authority on Sunday said that it has released 295 crore to Veerana Reddy, who owned land in Sector 18 and the same land parcel was allotted for building a shopping mall. The move came after the Supreme Court issued an order in this regard. The proposal for releasing 295 crore was approved in […]

Water supply to be affected in areas along Golf Course Road in Gurugram

The water supply in several parts of the city is likely to remain affected on Monday and Tuesday in sectors and colonies along Golf Course Road, Golf Course Extension Road and Sohna Road, the GMDA said on Saturday. The authority said the water supply will be shut for 24 hours on Monday to connect a […]

Noida authority links OCs to compulsory facade lights for e-way buildings

NOIDA: In its push for facade lights on all buildings along the length of the Noida-Greater Expressway, the Noida Authority has decided to link them to occupancy certificates (OC). To begin with, it has dispatched letters to 40 developers of completed real estate, which includes both residential and commercial buildings, setting a four-month deadline to […]

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