The World Bank member, International Finance Corporation is expanding its presence in India and has picked up over 35,000 sq ft office space in Mumbai’s central business district BandraKurla Complex (BKC) through a long-term lease of over 9 years. The global institution that makes strategic investments and advisory interventions across India has leased the front-office […]
NOIDA: The Noida International Airport will necessitate an extra chapter on buildings bylaws for the development of the area around it, with specific rules on permissible height, design and ground coverage. The Yamuna Expressway Industrial Development Authority (YEIDA), the administrator of the region, will frame a new set of bylaws for the aviation hub, which […]
NOIDA: Residents will soon be able to see information related to group housing projects with just one click. The Noida Authority plans to upload details of all group housing projects, including their status of completion and occupation certificates, arrears, disputes and registry of flats on its website. The Authority has also decided to initiate action […]
The Rail Land Development Authority (RLDA) has invited bids for leasing out 124,000-Sqm of a railway land parcel for Rs 1193 crore in Sector 21, Dwarka, Delhi. The land parcel can be used for both residential (55%) and commercial (45%). Pre-bid meeting will be held on January 10 and the last date of e-bid submission […]
NEW DELHI: The housing and urban affairs ministry has moved a Cabinet proposal for mandatory inclusion of land under the Land Pooling policy in sectors where 70% or more land has been pooled. This will make it obligatory for all land owners to pool their properties once owners of at least 70% of the developable […]
GURUGRAM: The department of town and country planning (DTCP) has allowed property owners in residential colonies of five prime sectors to apply for change in land use (CLU) permission within two months, if they plan to run guesthouses from their properties. According to the order by the office of DTCP director general, plot owners in […]
Delhi-based Unity Group has formed a joint development agreement with Parsvnath Developers to develop 450,000 square feet of retail area with an investment of 200 crore, said Unity Group co-founder Harsh V Bansal. The bridge-to-luxury mall is located near Netaji Subhash Place metro station and the land is on lease from Delhi Metro. The agreement […]
GURUGRAM: Nearly two months after flat owners of the doomed tower D of Chintels Paradiso rejected the administration’s valuation report for compensation, TOI has learnt that a fresh report is likely to be shared with the residents and the society’s RWA on Monday. On November 11 last year, the flat owners of tower D — […]
NOIDA: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) on Tuesday said it will launch a new version of its portal by May this year in order to facilitate users with improved experience in accessing the services of the portal. Packed with new-age technologies like artificial intelligence and machine learning, ‘Version 2.0’ portal will […]
NOIDA: On the lines of Mumbai and Gujarat, Yamuna Expressway Industrial Development Authority (YEIDA) plans to develop a fintech hub on 700 acres of land in Sector 7. In the first phase, the project will come up on 250 acres. Officials said Ernst and Young (EY) would prepare a detailed project report (DPR) for the […]
GURUGRAM: The department of urban local bodies (ULB) has expressed displeasure over the progress in data integration and disposal of objections related to the property tax data by the municipal corporations of Gurugram, Manesar and Faridabad. ULB chief town planner KK Varshney, who was in the city on Thursday, directed senior officials of MCG, MCM […]
GURUGRAM: An exercise to demolish around 600 structures built illegally in the ecosensitive Aravalis will start within a week in Faridabad. On Wednesday, the district magistrate appointed a duty magistrate to oversee the work. “I, Vikram, IAS, district magistrate, Faridabad, do hereby appoint Renuka, DTP, Faridabad as duty magistrate for maintaining of law and order […]
