US financial services major JP Morgan has picked up over 1.16 million sq ft office space at Nirlon Knowledge Park in Goregaon suburb of Mumbai through a long-term lease of over 10 years with an option of extending the same by additional 10 years. This is one of the largest commercial real estate transactions concluded […]
YES Bank has picked up over 44,000 sq ft office space at commercial tower R-Tech Park in Goregaon suburb of Mumbai through a lease for a long-term tenure of five years. As per the lease agreement, the bank will be paying lease rental of Rs 53.19 lakh per month, taking its annual rental pay out […]
NOIDA: Roads leading to Supertech’s soon-to-be demolished twin towers in Noida will remain diverted on Sunday while around 600 police officials, including traffic personnel, will be deployed for law and order duty. Police officials said they have issued an advisory and even Google maps will be updated for real-time traffic updates. Green corridors will be […]
NOIDA: The plight of the twin towers, which were declared illegal by the Supreme Court last year and will be brought down this Sunday, are a lesson for both builders and officials, Noida Authority CEO Ritu Mheshwari told TOI on Thursday. The Noida Authority has, since the judgment, been battling a serious dent to its […]
NEW DELHI: The New Delhi Municipal Council (NDMC) has given in-principle nod for advancing the annual cycle of assessment and collection of property tax from financial year 2023-24 to allow people more time to pay their dues. While bills for government offices will be raised by April 30, those for private properties will be raised […]
NEW DELHI: Property tax rates may go up marginally in Delhi if the report of the MCD’s fifth Municipal Valuation Committee (MVC) is implemented which recommends a 37 per cent increase in base unit area value, officials said on Wednesday. The fifth MVC has submitted its interim report to the MCD, and it has now […]
GURUGRAM: The Commission for Air Quality Management (CAQM) has issued a notice to the developer of Pivotal Devaan in Sector 84 for failing to obtain an electricity connection from the discom and using diesel gensets (DG sets) for power supply. The developer has been directed to ensure regular power supply from the grid by the […]
NOIDA: The Noida Authority has filed a police complaint against Supertech for a non-compliant sewage treatment plant (STP) in its highrise society in Sector 137. “The National Green Tribunal (NGT) guideline says that highrises must have functional sewage treatment plants (STPs). The inspection conducted by a team of the Authority’s Jal department found that Supertech […]
Infosys Technologies has picked up about 5 lakh sq ft office space in Bengaluru on lease to expand its operation in one of the largest office lease deals in the city in recent times. The new facility at Northgate will see the company spreading its presence across the city as opposed to being concentrated in […]
NOIDA: The loading of 3,700 kg explosives into the columns of Supertech’s twin towers at the Emerald Court complex was completed on Monday, wrapping up the charging process of the buildings with six days to go for the August 28 demolition. The blasters’ team will now move to the second stage, which is called trunking. […]
NEW DELHI: The Municipal Corporation of Delhi has decided to use drones to verify the details submitted by residents during the self-assessment of their properties while paying tax. On a pilot basis, a survey has already been carried out in Mohan Cooperative Industrial Area on Mathura Road. The services of an organisation, which conducted a […]
Nexus Malls, the Indian retail portfolio arm of the investment firm Blackstone group, is in talks to acquire Delhi’s premium mall Select Citywalk which generates the highest sales per square foot in the country, two people aware of the development said. According to an executive who has knowledge of the development, the acquisition is part […]
