NEW DELHI: Realty firm Conscient Infrastructure has acquired 6.6 acre land in Gurugram for around Rs 85 crore to develop a housing project. In a statement, real estate consultant Cushman & Wakefield said that it facilitated this land deal of 6.6 acres in Sector 80, Gurugram. The land parcel has a development potential of more […]
NEW DELHI: The Delhi Development Authority (DDA) is all set to begin the registrations for 5,500 flats from 12 pm on June 30 under its Phase IV Housing Scheme. The flats are located in Jasola (having 40 High Income Group or HIG flats), Dwarka (having 50 Middle Income Group or MIG flats), Lok Nayak Puram, […]
NOIDA: The Uttar Pradesh Real Estate Regulatory Authority (RERA) on Tuesday said it has barred realty firm Ansal API from sale or transfer of any residential property in its hi-tech township project in Greater Noida over violation of norms. The real estate developer, separately, has been slapped with a penalty of Rs 3.05 crore on […]
NEW DELHI: Markets regulator Sebi on Tuesday provided methods such as an offer for-sale mechanism, rights issue and issuance of bonuses to unitholders of REITs and InvITs to achieve compliance with the 25 per cent minimum public holding requirement. The rule mandates that any listed REIT (Real Estate Investment Trust) or InvIT (infrastructure investment trust), […]
NOIDA: The Noida Authority, last year, sealed 11 of the 78 flats built illegally in the stilt parking area of the Antriksh Golf View 1 society, but the builder unsealed two of them a few months ago, alleged residents. Additionally, the builder has been selling parking slots to residents where it had proposed a driveway […]
PALWAL: Haryana Chief Minister Manohar Lal Khattar on Sunday said his government had given approval for metro connectivity between Ballabgarh and Palwal and added it would ensure better connectivity and speed up development in the area adjoining Delhi. Addressing a rally at Gajpuri village in Palwal, Khattar said the central and state governments were taking […]
NEW DELHI: To ensure that the city’s natural conservation zones do not fall prey to encroachment or concretisation, the Delhi government has started a “ground truthing” exercise. The revenue department has been tasked with the physical verification of areas earmarked as natural conservation zones. Officials said Delhi has 154 such areas and once the physical […]
US technology giant Intel has decided to sell its 250,000 square feet office space on the Old Airport Road in Bengaluru as part of efforts to monetise its real estate assets. The deal, expected to exceed 450 crore, is anticipated to follow a sales-cum-lease model for three years, with a one-year lock-in period for the […]
NEW DELHI: Rail Land Development Authority (RLDA) has invited bids for residential development in Sewa Nagar and Lodhi Colony. The entire land area is divided into three parts-Part A and Part B of Sewa Nagar and Lodhi Colony. The total land area is 43,345 sqm out of which 16,058 sqm will be leased for residential […]
GURUGRAM: Around 20 residents of a five-storey building in DLF 3 were moved after it tilted on Monday night, possibly because of an excavation on the adjacent plot. The owner of the building – U-20/8 – has been issued a notice for carrying out constructions in violation of the Haryana Buildings Code, 2017. The owner […]
NEW DELHI: The Delhi Development Authority (DDA) is set to increase charges for conversion of land from leasehold to freehold for commercial and industrial properties as well as multilevel parking in the city. In its last meeting, held on June 14, the authority gave approval to hike the rates for FY 2023-24 by 10% on […]
GURUGRAM: The forest department on Wednesday said that they will carry out demolition drives in more than 100 acres of Aravali plantation area which span across 11 villages next month. These areas have been encroached for construction of farmhouses in a survey by the forest department. Notices have been issued to violators. “We will be […]
