NOIDA | LUCKNOW: Uttar Pradesh Chief Minister Yogi Adityanath on Friday assured homebuyers in Greater Noida that he will look into the problems related to registry of their houses and provide them with “complete solution”, according to BJP leader and Jewar MLA Dhirendra Singh. Adityanath met with a group of homebuyers’ association NEFOWA from Greater […]
GURUGRAM: The department of town and country planning (DTCP) has issued directions to officials of its planning wing not to issue occupation certificates (OCs) to residential properties where owners have constructed four-storey buildings without prior approval of the building plan. According to DTCP officials, many residential plot owners have constructed four-storey buildings whereas they got […]
GURUGRAM: The department of town and country planning (DTCP) has withdrawn its order cancelling the project licence of an affordable housing project in Sector 106. DTCP, after cancelling the licence of MRG Skyline in November 2022, had last week written to police seeking an FIR against the developer for violation of norms. Officials from the […]
NEW DELHI: Embassy Property Developments (Embassy Group) has entered into a strategic sale of a certain portion of its shareholding in Embassy Office Parks REIT (Embassy REIT) to Bain Capital, the company said in a media release. With the paydown of this debt, it provides for a stronger balance sheet at Embassy Group with the […]
NEW DELHI: Realty firm Migsun Group on Wednesday said it has acquired 9 acre land parcels at Rohini in the national capital for Rs 265 crore to develop a high-street retail project. “We have purchased land located at Sector 22 in Rohini from Yogi Raj Promoters Pvt Ltd,” Migsun Group MD Yash Miglani told reporters […]
NEW DELHI: Sunteck Realty (SRL) has leased out approximately two lakh sq ft of built-up area in Sunteck BKC51, Mumbai to Upgrad Education for a lease term of 29 years, the company said in a BSE filing. Upgrad will be paying starting rentals of close to Rs 300 per sq ft. per month on carpet […]
NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has cancelled the allotment of two plots awarded to realty firm, Supertech, in its Up Country township in Sector 17A of Greater Noida over non-payment of Rs 86 crore dues in lease rent and additional compensation to farmers. The Authority acted on the complaints of homebuyers who […]
NEW DELHI: Reliance Industries has entered in the commercial real estate business. “The company has incorporated a wholly owned subsidiary named Reliance SOU (RSOUL) to carry on, inter alia, the business of development of properties for commercial use,” it said in a BSE filing. It has invested Rs 1,00,000 in the equity shares of RSOUL. […]
Realty developer Hiranandani Group has leased nearly 21,000 sq ft commercial space at its development Hiranandani Estate in Thane to multiplex chain operator INOX for a total term of 15 years. The new multiplex is currently under development in the under-construction Bellona tower at Hiranandani Estate. The tower is expected to be completed in October […]
NOIDA: The notice to restart work on clearing debris from the site of twin towers’ demolition in Sector 93A may be issued soon as the second report on noise pollution in the area has been finalised, Noida Authority officials said on Monday, indicating that they could set a mid-March deadline for completion. Work to remove […]
GURUGRAM: Residents have welcomed the government’s decision to put on hold the policy allowing stilt plus four floors, terming it as a much-needed relief on the already-overburdened civic infrastructure of the city. With most of the colonies in sectors and licenced areas being over three decades old, residents said, they are unable to cater to […]
NEW DELHI: Real estate major DLF has no plans to launch public offer of REIT in the next one year to monetise its rent-yielding commercial properties, its CEO Ashok Tyagi said. DLF holds bulk of its rental assets (offices and shopping malls) through joint venture firm DLF Cyber City Developers Ltd (DCCDL). DLF holds 66.67 […]
