NEW DELHI: Realty firm M3M India has bagged a 13-acre land parcel in Noida through eauctions and plans to invest around Rs 2,400 crore to develop a mixed-use project, its director Pankaj Bansal said on Wednesday. M3M India, which has a major presence in Gurugram, will be foraying into Noida property market through this project. […]
NEW DELHI: The National Green Tribunal has directed a private granite company in Haryana’s Mahendragarh to pay Rs 3 crore interim compensation for violating environmental norms. A bench of chairperson Justice A K Goel noted that the company had filed an application stating it had complied with the environmental norms but the annexed documents did […]
NEW DELHI: State Bank of India has raised the marginal cost of funds-based lending rate (MCLR) by 15 basis points across tenors, making most consumer loans costlier for borrowers. The revised rates come into effect from November 15, 2022. The benchmark one-year MCLR, which is used as base for fixing most of home, auto and […]
NEW DELHI: Omaxe has reported net consolidated loss after tax of Rs 87.38 crore in the quarter ended September 30, 2022. It had recorded loss after tax of Rs 42 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company’s net consolidated income stood at Rs 122.28 […]
GURUGRAM: The Supreme Court will hear on November 21 a plea of residents of a Chintels Paradiso Society building, part of which collapsed killing two women in February, challenging the administration’s valuation report of their flats, according to the petitioners. The society’s resident welfare association (RWA) on Monday said in the interim appeal, the residents […]
Nexus Malls, the Indian retail portfolio arm of investment company Blackstone Group, and the promoters of Delhi’s upscale mall, Select Citywalk, have finalised the terms for the mall’s inclusion in an upcoming retail REIT planned by the Blackstone Group, according to two people with knowledge of the development. “The REIT will be called Nexus Select […]
GURUGRAM: The town and country planning department (DTCP) has recommended that the registration of sale and lease deeds for all projects of two developers be stopped as they failed to pay for the structural audits of their residential societies in the city. District town planner Amit Madholia wrote to deputy commissioner Nishant Yadav that Raheja […]
GURUGRAM: The enforcement wing of town and country planning department has issued notice to more than 40 construction sites in DLF 1 and 2, Palam Vihar and Ansal Escenia in Sector 67 for carrying out construction work even after the GRAP orders, wherein complete ban on construction activities has been imposed due to poor air […]
NEW DELHI: Godrej Properties (GPL) has been declared the highest bidder for two adjacent land parcels in Noida for a total bid value of Rs 377 crore, according to the e-tendering portal of SBI, which facilitated an e-auction on behalf of New Okhla Industrial Development Authority (NOIDA), the company said in a media release. GPL […]
NOIDA: Penalties worth over Rs 9 lakh were issued to offenders, including two real estate developers, for violating guidelines of the Grade Response Action Plan (GRAP) in Noida and Greater Noida, officials said. In a statement on Wednesday, the Noida Authority said it issued penalties to violators in 11 cases where construction material was found […]
GURUGRAM: Arms covered with full-sleeved clothes, faces masked with scarves, car windows rolled up — are necessities for commuters taking the Atul Kataria Road, one of the busiest stretches in the city. It connects the city’s residents to Dwarka Expressway, the railway station, the bus stand, the Maruti manufacturing plant on the Old Palam Gurugram […]
GURUGRAM: Deputy Commissioner Nishant Kumar Yadav on Wednesday ordered the evacuation of two towers in a residential complex here, days after he directed authorities to demolish another tower. Two women were killed when the dining room floor of a sixth-floor apartment of Tower D at Chintels Paradiso in Sector 109 came down on February 10, […]
