Vodafone Group Plc sold the headquarters it’s held for decades in Newbury, England, and will rent just over half of the site’s premises back as it downsizes and cuts costs. Iqon Capital agreed to buy the total of seven buildings known as “The Connection” on behalf of Aljazira Capital for an undisclosed figure, it said […]
GURUGRAM: The Haryana Sehri Vikas Pradhikaran (HSVP) is going to start a survey of institutional areas like sectors 32 and 44 to find out the status of the plots allotted by the authority to different organisations for institution and research purposes. The team will check how many properties have been leased out without required permission […]
GURUGRAM: Residents of licensed colonies have demanded a ban on construction of the fourth floor allowed by the state government through a policy amendment in 2019, citing burden on the existing infrastructure and civic amenities. According to residents of DLF areas, Sushant Lok, Ardee City and other colonies, the infrastructure in licensed colonies and sectors […]
GURUGRAM: DLF 1 residents have written to the chief minister against the Haryana Shahari Vikas Pradhikaran (HSVP) auctioning sites on the green belt for educational, medical and residential use. The sites lie between the E block of DLF 1 and Sector 42 under the Aravali plantation area. In the letter, members of Qutab Plaza Enclave […]
Ecommerce major Amazon’s software and support services company Amazon Development Center (India) has leased an office space spread over nearly 200,000 sq ft in information technology (IT) special economic zone (SEZ) Gera Commerzone in Pune’s Kharadi locality. The company has picked up the office space spread over four floors for a tenure of 10 years […]
Amway Global CEO Milind Pant has sold an apartment at The Magnolias in Gurgaon for Rs 18.9 crore, documents accessed through real estate data analytics firm CRE Matrix showed. The apartment was owned by Amrita Pant, Milind’s wife, and he sold it through a power of attorney. According to market sources, the apartment is approximately […]
GURUGRAM: The district administration has decided that the structural defects and deficiencies in the 15 highrise societies, which were recently audited by the agencies hired by it, will be repaired by the developers, while the maintenance related issues will be addressed by the concerned Residents Welfare Associations (RWAs). “Within a week, we will hold a […]
GURUGRAM: MCG has prepared a list of 7,800 property tax defaulters with dues above Rs 1 lakh. These defaulters altogether owe the corporation around Rs 700 crore. The civic body will soon launch a special campaign for the recovery of the dues, officials said. Revenue from the property tax for the 2022-23 fiscal year was […]
GURUGRAM: The Haryana Real Estate Regulatory Authority (H-Rera) has restrained the Mahira Group from cancelling any unit of the allottees in its affordable housing project in Sector 63A over non-payment of any dues. The regulator’s order comes in the wake of a plea by the investors who claimed to have already paid 50% of the […]
GURUGRAM: The Gurugram bench of the Haryana Real Estate Regulatory Authority (HRERA) has asked the promoter of ILD Grand project at Sector 37 C in Gurugram to refund Rs 72 lakh to one of its buyers. The applicant had approached the authority in February 2019 after the builder failed to deliver the housing unit as […]
NEW DELHI: The city government Thursday told the Delhi High Court, which is hearing a plea related to earthquake preparedness, that out of over 10,000 buildings identified for assessing structural safety, more than 6,000 have been asked to show structural safety certificates and 144 unsafe buildings demolished. The Delhi government said structural audit of 4655 […]
US-based semiconductor major Microchip Technology has acquired 168,000 sq ft of office space in One Golden Mile, a grade-A commercial tower located in the business district of Kokapet in Hyderabad for an estimated Rs 175 crore, in one of the largest buyout deals in the commercial real estate market in the city. Capital values in […]
