NOIDA: The Yamuna Authority has introduced a one-time settlement (OTS) scheme to help beneficiaries of EWS, LIG, MIG, residential plots, and 7% of Abadi plots pay their dues. The OTS initiative is expected to benefit around 10,000 people, who owe around Rs 4,439 crore to the Authority. Approved during a board meeting on June 26, […]
NEW DELHI: Around 25 per cent of the 5,500 flats on offer as part of an ongoing housing scheme of the Delhi Development Authority (DDA), has been booked since July 10, officials said on Friday. The DDA on June 30 launched on a first-come, first-serve (FCFS) basis a housing scheme that includes 5,500 flats across […]
The student housing sector is emerging to be a sought-after asset class amongst investors and builders, given the rising demand for quality student accommodation. Many private investors and developers plan to expand into student housing facilities in India, with the existing operators like CUIB by JV Venture, Your Space, Stanza Living, and Olive by Embassy […]
GURUGRAM: A fifth tower at Chintels Paradiso, where a vertical cave-in of five flats led to the death of two residents in February 2022, has been found to be unsafe for living by experts at IIT-Delhi, which has been brought in by the government for a structural audit of the complex. The latest audit report […]
NOIDA: The Greater Noida Industrial Development Authority (GNIDA) has issued a notice to the developers of White Orchid society in Gaur City 2, Sector 16C, for alleged illegal constructions in two flats and unauthorized commercial activities. The authority has directed the developer to immediately halt the unauthorized construction and commercial activities and submit a written […]
GURUGRAM: The developer of Chintels Paradiso, where four buildings have been declared unsafe for living since the February 2022 cave-in at one of the towers, said on Tuesday that it is withdrawing the offer to reconstruct or renovate the flats of the affected homebuyers as no one has chosen it till now. The first offer […]
GURUGRAM: No resident or property owner of a society can be denied the membership of Residents Welfare Association (RWA), said agriculture minister J P Dalal during the district grievance committee meeting on Tuesday. While hearing the complaints of a residential society in Sector 82A, the minister directed the district registrar firms and society to ensure […]
Wells Fargo International Solutions, the back-end arm of American financial service major Wells Fargo, has renewed its lease for over 3.7 lakh sq ft of commercial office space in Hyderabad, marking one of the largest office lease transactions in the country in 2023. According to a lease document shared by Propstack, a data analytic firm, […]
LUDHIANA: District Consumer Disputes Redressal Commission has ordered a real estate company to refund the advance payment of Rs 76.4 lakh, along with interest, to a Ludhiana-based couple for delay in handing them over a flat in Gurgaon. The commission, comprising its president Sanjeev Batra and members Jaswinder Singh and Monika Bhagat also ordered Gurgaaon-based […]
GURUGRAM: The department of town and country planning (DTCP) has issued notices to developers to submit building drawings of their projects to start a structural audit process at the earliest. The structural audit process of 23 highrise residential societies, which was to begin last week, got delayed as developers are yet to furnish building drawings, […]
NEW DELHI: Capital markets regulator Sebi on Thursday said it has extended the time to July 25 to auction 61 properties of Saradha Group, which illegally mobilised money from investors. Earlier, the auction was scheduled for July 17. The regulator has been auctioning the properties of Saradha Group in a bid to recover money raised […]
NOIDA: Nearly 685 homebuyers who invested in the Ajnara Panorama project in Sector 22A have been waiting for possession of their flats and villas since 2012. Despite having paid substantial amounts, ranging from 80–100%, the buyers rued they still had to pay rent as well as EMIs for the loans they had taken. The situation […]
