GURUGRAM: The wait for hundreds of homebuyers of Vipul World, a housing society on Sohna Road, for new electricity connections is likely to end soon. This is because the developer has finally submitted the required bank guarantee of around Rs 10 crore to DHBVN. Around one-and-a-half years back, the discom had stopped issuing fresh connections […]
NEW DELHI: Delhi Lt Governor V K Saxena on Monday launched a web-based portal for digital management of land records of Delhi Development Authority (DDA) and stressed on minimum human interface for such work. The portal ‘Land Management Information System’ (LMIS) is also aimed at effective and efficient management and protection of DDA land records, […]
GURUGRAM: The forest department of Faridabad on Monday started sending out show-cause notices to owners of structures built illegally in the eco-sensitive Aravalis in the district. The owners have been given 15 days to demolish the structures. A total of 600 structures have been identified in Ankhir and Mewla Maharajpur villages, whereas ground truthing (an […]
GHAZIABAD: Riding on the festive season, the stamp and registry department has executed nearly 4,400 sale deeds worth Rs 55 crore in Ghaziabad in just nine days of Navratri. Experts see this as a clear sign of recovery from the pandemic-induced slump in the real estate sector. During the same period in the last financial […]
NEW DELHI: Grade A office buildings of about 120 million sq ft, which is more than 15 years old, can be refurbished in top six cities (Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai, Pune), according to a recent report by Colliers. “The cost of conducting due diligence of a property is less than 0.3% of the project […]
Star India has renewed its lease for nearly 450,000 sq ft office space spread across 16 floors of the commercial tower Urmi Estate that houses its India headquarters in Mumbai’s Lower Parel business district for a long-term tenure of nine years. In addition to the 16 floors in Urmi Estate, the company has also leased […]
NEW DELHI: The Centre is looking to monetise its prime real estate asset in the heart of the national capital to generate funds for redevelopment of seven residential colonies. As part of the plan, it’s weighing the option of selling around 60 acres of land and constructed properties in Sarojini Nagar. Earlier, the plan was […]
NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has planned to launch a mixed-land scheme under which industries will set up along with commercial and residential structures on the same premises. While allottees can develop industry on 75% of the land allotted to them, the remaining plot can be used for residential, commercial and even […]
GURUGRAM: The enforcement wing of the department of town and country planning (DTCP) on Thursday partially demolished 27 flats in Palam Vihar area after developers and property owners unlocked these units that were sealed by the authorities and started remaining construction again. As many as 32 flats, illegally constructed by developers in the area, were […]
GURUGRAM: The next Cabinet meetings of the state and central governments may put on track the two proposed Metro corridors planned for the city, where the existing urban rail network is limited to just 17km and has not been expanded since 2017. One of the two lines planned is the 8.4km corridor to connect Gurugram […]
GURUGRAM: Collectively, construction sites are no insignificant contributors to dust pollution and their monitoring is vital to efforts to clean up air. But for all the operational readiness that government agencies convey when the Graded Response Action Plan (GRAP) kicks in, here is a reality check – only 1% of construction sites in the city […]
GURUGRAM: With no resolution even after vacating their homes in March this year, homebuyers of NBCC Green View in Sector 37D met the deputy commissioner on Monday and sought that the matter of pending refunds of their flats be placed in the next district grievance redress committee meeting. The buyers alleged that the developer hasn’t […]
