GURUGRAM: Around 100 buyers of Mahira Homes affordable housing project in Sector 68 protested outside the office of Haryana Real Estate Regulatory Authority (H-Rera) on Monday demanding strict action against the developer. They demanded that the construction should resume immediately at the project site. In a letter to H-Rera chairman KK Khandelwal, the homebuyers said […]
GURUGRAM: Around 200 residents from DLF areas staged a protest on Sunday alleging rampant commercialisation of residential areas. Qutub Enclave resident’s welfare association along with the residents of DLF areas gathered at Ashoka Crescent Marg and protested against the opening of the warehouse of a food and grocery delivery app in DLF-1. They complained that […]
NOIDA: The Noida Authority is planning to change its land allocation policy for group housing societies, making it mandatory for developers to pay the entire lease amount upfront to it. Until now, developers were making payments in instalments. Developers in the city that has seen a ballooning trend of unfinished projects and mounting dues owed […]
GURUGRAM: Gurugram bench of Haryana Real Estate Regulatory (HARERA) has issued notice to freeze all accounts associated with real estate firm Mahira Infratech. Mahira Infratech, formerly known as Sai Aaina Farms Pvt Ltd, was developing an affordable group housing colony over an area of approximately 10 acres in sector 68. HARERA Chairman KK Khandelwal said, […]
NEW DELHI: Highlighting the increase in sale and purchase of illegally constructed builder floors in the city, the East Delhi Municipal Corporation (EDMC) mayor has alleged this is happening as Delhi government’s officials and staff are immersed in corruption. “They are doing registry of flats/floors/houses without checking facts and working in connivance with building contractors,” […]
PayPal, one of the largest online payment processors in the world, has renewed the lease for a commercial building that houses its India headquarters at Xander Investment Management’s Futura Tech Park in Chennai for 10 years, said people with direct knowledge of the development. Futura Tech Park is part of the portfolio of X Office […]
GURUGRAM: Residents seeking new electricity connection or load enhancement in 16 private developer colonies of the city are forced to shell out Rs 3-7 lakh for a power connection, with DHBVN deciding to recover from them the ‘development charges’ that the builders owe to the discom. Usually, it costs less than Rs 10,000 for getting […]
Real estate development company Whiteland Corporation has acquired additional commercial land in Gurgaon for expansion and is consolidating its land bank to cover almost 80-100 acres for over Rs 3,500 crore, a top company executive said. “We are gearing up to launch a major integrated residential project of almost Rs 3,500-4000 crore around Diwali this […]
GURUGRAM: The Dakshin Haryana Bijli Vitran Nigam (DHBVN) has blacklisted a city-based developer for allegedly failing to pay development charges and set up power infrastructure in one of its residential projects in Gurgaon. The discom said it won’t issue any new power connections to the realtor’s projects in areas under its jurisdiction. DHBVN, an order […]
Sales of construction equipment — a barometer of economic activity — is expected to increase in healthy double digits in the ongoing financial year on the back of increased government spending on infrastructure projects, especially in rural areas. The industry estimates sales of construction equipment (domestic sales and exports) to grow 15-20% in fiscal 2023, […]
GREATER NOIDA: Days after an “altercation” over a proposed hike in diesel generator (DG) charges between two residents’ groups of a condominium in Greater Noida West, police said the two groups have agreed to settle the dispute. “The incident was over revised rates of power backup. The two residents’ group engaged in a heated argument. […]
GURUGRAM: Aggrieved homebuyers of Mahira Homes in Sector 68 staged a protest outside the office of the department of town and country planning (DTCP) in Sector 14 on Friday, demanding immediate takeover of the affordable housing project and early possession of their flats. More than 1,500 homebuyers, most of whom have already paid 100% of […]
