News

Greater Noida: Residential sectors get Rs 61 crore for upkeep

GREATER NOIDA: The Greater Noida Industrial Development Authority (GNIDA) has allotted 31 tenders amounting to Rs 61 crore for the development and maintenance work in residential sectors and villages. The tenders include maintenance and distribution of water pipeline, work of RCC roads and construction of drain on the 80-metre-wide Kasna road, construction and demolition (C&D) […]

Soon, drive against rain harvesting violations in Gurugram

GURUGRAM: The newly-appointed nodal officer to oversee rainwater harvesting (RWH) in Gurugram will begin a drive for the enforcement of RWH norms from July 8. The drive will check the functionality of RWH sites and will be conducted in three phases — the first phase will cover sectors 58 to 69, the second will include […]

Yamuna expressway land rates hiked by 5% from July 1

GREATER NOIDA: Property rates along the Yamuna Expressway will become dearer in the coming days. Yamuna Expressway Industrial Development Authority (YEIDA) has revised the land rates by 5% across all categories with effect from July 1. The decision to hike the rates for institutional, commercial, residential, industrial and group housing property was, in fact, taken […]

Three firms bids for construction of Aqua Line extension of Noida metro

NOIDA: Noida Metro Rail Corporation (NMRC) has finally got the three bidders it needs to go through with the process to pick a company that will build the first phase of the Aqua Line extension from Noida to Greater Noida. This was the fourth time it floated bids since it was unable to find the […]

Chandigarh civic body earns Rs 36.06 crore as property tax

CHANDIGARH: As the three month rebate period to pay property tax for commercial and residential properties came to an end on Wednesday, the tax branch of Chandigarh Municipal Corporation has received Rs 36.06 crore as tax. Out of around 1.20 lakh tax payers from both commercial and residential properties, around 80,000 tax payers paid their […]

Delhi master plan-2041 likely to come into effect by December

NEW DELHI: Delhi Development Authority’s vice-chairman, Anurag Jain, on Thursday said the land development body was trying its best to complete the process of notifying the Master Plan for Delhi-2041 by December. The draft was put in the public domain on June 9 for inviting suggestions and objections and a webinar was conducted on Thursday […]

South Delhi civic body extends last date to pay property tax to July 31

NEW DELHI: South Delhi Mayor Mukesh Suryan on Thursday said it has been decided to extend the last date of payment of property tax for the financial year 2021-22 to July 31. The previous deadline to pay the property tax to the South Delhi Municipal Corporation was June 30. North Delhi Mayor Raja Iqbal Singh […]

Gurugram civic body commissioner directs officials to recover property tax dues in one month

GURUGRAM: With the second wave of Covid threatening to hit MCG’s projected revenue collections this fiscal too, the commissioner on Thursday directed the tax department officials to recover dues from the property tax defaulters, who have already been issued notices, within a month. He would hold a review meeting with the heads of all revenue-generating […]

Parsvnath Developers posts Rs 109.56 crore loss in Q4 FY21

NEW DELHI: Realty firm Parsvnath Developers Ltd on Wednesday reported a consolidated net loss of Rs 109.56 crore for the quarter ended March 2021. Its net loss stood at Rs 62.66 crore in the year-ago period. Total income fell to Rs 272.79 crore in the fourth quarter of last fiscal from Rs 1,060.74 crore in […]

North Delhi civic body extends property tax deadline till July 15

NEW DELHI: Keeping the order reserved till the last moment, North Delhi Municipal Corporation finally announced its decision to extend the last date of submission of property tax till July 15. South Delhi Municipal Corporation (SDMC) is also considering the option, but no formal announcement was made till Wednesday evening. “We are planning to extend […]

Noida administration attaches properties worth Rs 344 crore over dues on 32 builders

NOIDA: The Gautam Buddh Nagar administration Wednesday attached flats, villas and land plots worth Rs 344.23 crore over the non-payment of dues by 32 real estate developers, according to an official order. The properties would be soon put on e-auction to recover the money the developers owe to the government, stated the order issued by […]

Embassy REIT trading lot size to reduce from 200 units to 1 unit

NEW DELHI: Embassy Office Parks has said that the trading lot size for Embassy REIT units on stock exchanges will be reduced to one unit from the current trading lot size of 200 units, the company said in a media release. The minimum application amount required for unitholders to subscribe is between Rs 10,000 and […]

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