News

MCG officials, concessionaire booked for illegal dumping, burning of garbage

Officials of the Municipal Corporation of Gurugram (MCG) and employees of its waste concessionaire Ecogreen have been booked for allegedly spreading infection by dumping and burning garbage in an open plot in Khandsa. A First Information Report (FIR) has been registered at Sector 37 police station on Tuesday against Ecogreen and MCG officials under sections […]

NGT directs Nimawat Granite to pay interim compensation for violating green norm s

NEW DELHI: The National Green Tribunal has directed a private granite company in Haryana’s Mahendragarh to pay Rs 3 crore interim compensation for violating environmental norms. A bench of chairperson Justice A K Goel noted that the company had filed an application stating it had complied with the environmental norms but the annexed documents did […]

SBI hikes MCLR by up to 15 bps across tenors

NEW DELHI: State Bank of India has raised the marginal cost of funds-based lending rate (MCLR) by 15 basis points across tenors, making most consumer loans costlier for borrowers. The revised rates come into effect from November 15, 2022. The benchmark one-year MCLR, which is used as base for fixing most of home, auto and […]

Gurugram DC writes to Centre on compensation for NBCC Green View residents

Deputy commissioner (DC) Nishant Kumar Yadav on Monday said he has written to the ministry of housing and urban affairs (MOHUA) and sought its intervention to get the NBCC to announce a suitable compensation for residents of NBCC Green View condominium in Sector 37-D, which was deemed unfit for living this February. The residents had […]

Global City project: Haryana seeks vacation of high court stay

The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has filed applications before the Punjab and Haryana high court seeking a vacation of the stay on land parcels in Gurugram on which the 1,000 acre Global City project is proposed to come up. The lifting of the high court stay order will be crucial in […]

Omaxe’s net loss widens to Rs 87.38 crore in Q2 FY23

NEW DELHI: Omaxe has reported net consolidated loss after tax of Rs 87.38 crore in the quarter ended September 30, 2022. It had recorded loss after tax of Rs 42 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company’s net consolidated income stood at Rs 122.28 […]

SC to hear Chintels Paradiso residents’ plea on November 21

GURUGRAM: The Supreme Court will hear on November 21 a plea of residents of a Chintels Paradiso Society building, part of which collapsed killing two women in February, challenging the administration’s valuation report of their flats, according to the petitioners. The society’s resident welfare association (RWA) on Monday said in the interim appeal, the residents […]

Select Citywalk to be in Nexus REIT

Nexus Malls, the Indian retail portfolio arm of investment company Blackstone Group, and the promoters of Delhi’s upscale mall, Select Citywalk, have finalised the terms for the mall’s inclusion in an upcoming retail REIT planned by the Blackstone Group, according to two people with knowledge of the development. “The REIT will be called Nexus Select […]

Gurugram: DTCP wants a pause on lease deeds of Raheja Developers & Brisk Infrastructure

GURUGRAM: The town and country planning department (DTCP) has recommended that the registration of sale and lease deeds for all projects of two developers be stopped as they failed to pay for the structural audits of their residential societies in the city. District town planner Amit Madholia wrote to deputy commissioner Nishant Yadav that Raheja […]

Noida authority board meeting approves safety guidelines for high-rises

The Noida authority in its 207th board meeting on Saturday approved safety guidelines for residential high-rises, formulated rules for pet registration and looked into issues pertaining to the layout of the proposed sports city. The meeting was held at the main administrative building of the authority located at Sector 6. The Uttar Pradesh infrastructure and […]

Godrej purchases two group housing plots in Noida for 377 crore in e-bidding

The Godrej Properties Limited has bought two group housing plots in Noida for 377 crore, in an e-action that took place on Friday, officials of the Noida authority said. A total of five realty firms were eligible to place bids for the two group housing plots located in Sector 146, along the Noida-Greater Noida Expressway. […]

MCG to collect only segregated waste from November 21

Starting November 21, Municipal Corporation of Gurugram (MCG) will collect only segregated waste from households across the city, municipal officials said. Residents’ welfare associations (RWAs)s have been told to cooperate and ensure that residents do not mix waste in their dustbins. The corporation has also issued directions to its sanitation wing and door-to-door waste collection […]

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