NEW DELHI: Realty firm Chintels group has offered to buyback about 180 flats from homebuyers of three towers of its project in Gurugram as they have been declared unsafe after a partial collapse last year. In February last year, a partial collapse of a residential tower in Chintels Paradiso project led to death of two […]
NEW DELHI: The Union Housing and Urban Affairs Ministry has decided to extend the deadline for the Smart Cities Mission till June 2024, following requests from some cities that sought more time to complete their ongoing projects, officials said on Monday. The existing deadline of the Mission was June 2023.An official said that it would […]
NEW DELHI: Realty firm Chintels group has offered to buyback about 180 flats from homebuyers of three towers of its project in Gurugram as they have been declared unsafe after a partial collapse last year. In February last year, a partial collapse of a residential tower in Chintels Paradiso project led to death of two […]
NOIDA: The Integrated Industrial Township Greater Noida Limited (IITGNL) board has approved the launch of the township’s first residential and commercial scheme. Under the group housing scheme, eight plots on 61 acres are available for allotment. Their sizes range from 17,400 sqm to 56,300 sqm, with a reserved price of Rs 43,000 per sqm. Soon, […]
NEW DELHI: Nexus Select Trust, which is sponsored by global investment firm Blackstone, plans to raise up to Rs 3,200 crore from India’s first retail REIT public offer. The total size of the public issue is Rs 3200 crore, which includes fresh issue of units up to Rs 1,400 crore and an offer for sale […]
NEW DELHI: Sebi on Friday barred Karvy Stock Broking Ltd (KSBL) and its promoter Comandur Parthasarathy from the securities market for seven years and imposed a penalty of Rs 21 crore on them for misappropriating clients’ funds by misusing the Power of Attorney given to it. Further, the funds raised by pledging clients’ securities were […]
NEW DELHI: Markets regulator Sebi on Thursday said it will auction properties of three firms — Infinity Realcon, Bishal Group of companies and Sumangal Industries — next month to recover money illegally raised from investors. A total of 26 properties of three companies will be auctioned at a reserve price of over Rs 21 crore, […]
Deloitte Consulting India has leased about 1.56 lakh sq ft of office space for 10 years at the International Tech Park in Pune’s Kharadi locality as part of its India expansion plan. The consultancy firm has leased 77,969 sq ft each on the 10th and 11th floors for monthly rents of Rs 79 and Rs […]
National company law tribunal (NCLT) has approved a Rs. 990 crore debt resolution plan for a unit of Sare Homes. The plan was submitted by a consortium of KGK Realty and Dhoot Infrastructure. KGK Realty has a 74% share in the consortium and Dhoot Realty has a 24% share, according to an order uploaded on […]
GURUGRAM: Acting on a complaint, the department of town and country planning (DTCP) has issued a show cause notice to the developer of Vatika India Next society for allegedly installing gates at the exit and entry points and allowing commercial outlets to operate within the residential area in clear violation of the approved layout and […]
CHANDIGARH: Haryana Urban Local Bodies Minister Kamal Gupta on Tuesday said people will get a 10 per cent rebate on property tax payments made in ULB units till July 31 this fiscal. “Citizens will get a rebate of 10 per cent on property tax payments…,” Gupta said. He directed officers to run an awareness campaign […]
NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) will re-launch its plot allotment schemes for group housing and institutional projects and hotels and petrol pumps this week, with allottees set to get 3-5 years to pay total amount in instalments. Earlier, they had to pay 30-40% of the total amount over two months. Additionally, there […]
