The Yamuna expressway industrial development authority (Yeida) on Wednesday said it is likely to discuss a proposal submitted by Jaypee sports international limited (JPSI), a subsidiary of Jaypee group, seeking relief for its sports city project, in its board meeting to be held on Friday. “The Jaypee group has demanded multiple reliefs via a proposal […]
After massive layoffs, microblogging platform Twitter is vacating its flexible office spaces in India. People familiar with the matter said the company has initiated vacating seats in Mumbai under its WeWork arrangement and is serving a three-month notice period. Twitter has also given up its TEC space at One Horizon in Gurgaon and would have […]
GURUGRAM: The Gurugram municipal corporation (MCG) was found to have encroached upon 13 acres of HSVP land worth hundreds of crores at five different places in the city. The encroachment came to light when HSVP, which is reeling from a financial crisis and has been monetising its assets to raise funds, listed some of its […]
Real estate developers decided to approach Uttar Pradesh chief minister Yogi Adityanath on Tuesday, demanding that latter address the issue of housing land cost dues. The developers are seeking a one-time settlement scheme to resolve the issue. At least 100 developers held a meeting in Sector 62 on Tuesday and drafted a memorandum to be […]
The Haryana State Pollution Control Board (HSPCB) on Tuesday asked developers to come up with a plan outlining steps to be taken to curb pollution at project sites so as to do away with the need to ban construction when Stage 3 of the graded response action plan (Grap) is implemented by Commission for Air […]
NEW DELHI: Realty firm Signature Global (India) Ltd has received a nod from capital markets regulator Sebi for its initial public offer (IPO) to raise up to Rs 1,000 crore to clear debt and land acquisition. In July, Signature Global, which focuses on affordable and mid-housing segments, had filed the Draft Red Herring Prospectus (DRHP) […]
GURUGRAM: MCG is reeling under acute financial crisis, having paid a hefty penalty of Rs 100 crore to the National Green Tribunal (NGT) as environmental compensation, Rs 2.8 crore for non-compliance of norms at Bandhwari landfill site and Rs 19 crore to Ecogreen for Faridabad’s waste management. On the other hand, the MCG has, so […]
NEW DELHI: The authorities at IGI Airport are likely to demolish three floors of a building of Airport Authority of India next week. The building is coming in the way of operation of the fourth runway, which will help in enhancing the capacity of the Delhi airport. The construction of the fourth runway has been […]
GURUGRAM: Hundreds of residents of Central Park 2 located on Sohna Road took out a protest march on Sunday against the developer for changing the layout plan without their consent and restricting their access to the common facilities. The residents alleged that they have been denied access to facilities, including central greens, club, even after […]
Housing sales in Gurugram jumped more than three-fold on an annual basis to 24,482 units during January-September this year on higher demand for residential properties across all price categories — affordable, mid-income and luxury, according to Anarock. Housing sales in Gurugram stood at 7,725 units in the year-ago period. Noida saw a 52 per cent […]
The revised valuation report of the flats in tower D of Chintels Paradiso apartments in Sector 109 has increased the minimum base price to 5,900 per square foot from the earlier valuation of 5,500 to 5,600 per square foot. The report compiled by Nagpal and Associates was submitted to the Gurugram district administration and the […]
After a gap of 14 days, the air quality in Greater Noida has again plummeted, with the city recording an air quality index (AQI) reading of 332 on Friday and 329 on Saturday, both in the ”very poor” category. The condition was not any better in Noida where the air quality remained “poor” on Saturday […]
