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Online auction of 500 residential plots in Noida next month

NOIDA: The Noida Authority will soon launch a scheme of 500 residential plots, half of which are in Sector 151. The plots will be allotted through e-auction, following norms similar to those of the Delhi Development Authority. It will be the first time that plots will be allocated through e-auction in Noida. Officials informed that […]

RWA seeks camp to resolve errors in Gurugram civic body’s new property IDs

GURUGRAM: The DLF Qutub Enclave RWA on Wednesday wrote to the MCG commissioner urging him to hold camps to resolve errors in new property IDs created by the civic body. According to the residents, the new property IDs issued have wrong names and addresses and there is a lot of confusion on filing the property […]

Gurugram: Builders of nine colonies told to share property info in a week

GURUGRAM: Three days after giving its approval to the MCG takeover of nine private builder colonies in Gurgaon, the department of town and country planning (DTCP) on Thursday asked the developers to share details of their properties within a week. The colonies that have received DTCP’s approval for takeover by the MCG include Rosewood City, […]

WeWork India leases 6.6 lakh sq ft space from Bhutani Group in Noida

NEW DELHI: WeWork India, a flexible workspace provider, will take up entire tower comprising of 25 leasable floors at Bhutani Alphathum, from Bhutani Group in Noida. The centre- WeWork Alphathum will be spread over an area of 6.6 lakh sq ft and will house over 8,500 desks. It is set to open in Q4 2022. […]

Haryana CM chairs meeting to discuss bottlenecks of Gurugram’s Global City

CHANDIGARH: Haryana chief minister Manohar Lal Khattar on Wednesday chaired a second round of conference for understanding the investment bottlenecks of Gurgaon’s Global City project in order to attract more companies. Top developers such as DLF, Bestech, Godrej, Myhomes, Max Realty, and Bharti Realty were at the meeting. Haryana State Industrial and Infrastructure Development Corporation […]

Plot sales in Haryana get a push from Haryana government

Haryana government’s decision to increase the ground coverage and floor area ratio for plots of different sizes further will accelerate the sales of plots, according to developers and property consultants. “Potential plot buyers will be lured to invest in plots because of the amendment brought into the Haryana Building Code 2017 and the selling USP […]

Gurugram civic body to hire private agencies to complete infra in nine colonies

GURUGRAM: With the department of town and country planning (DTCP) finally giving its formal approval to the takeover of nine private builder colonies in Gurgaon, Municipal Corporation of Gurgaon (MCG) will float tenders to complete their deficient infrastructure after a month. This is because, the civic authority officials said, the DTCP has given one month’s […]

Gurugram: Soon, registry of floors on plots below 180 sq yd?

GURUGRAM: Buyers of independent floors built on plots less than 180 sq yd in size could soon be allowed to get their properties registered in Gurugram. The district administration, after receiving representation from the aggrieved residents of Sushant Lok 2 & 3, has forwarded the case to the state government for consideration. Due to restrictions […]

Gurugram: 4,000 more shanties demolished along Golf Course Road

GURUGRAM: The department of town and planning (DTCP) continued with its anti-encroachment drive in Saraswati Kunj along Golf Course Road on Monday and razed around 4,000 shanties. On Thursday and Friday, the DTCP’s enforcement team razed over 3,000 and 5,000 shanties, respectively, in the colony. A team, led by district town planner RS Batth, carried […]

Land acquisition in NCR getting difficult for developers

Acquiring land in the national capital region is becoming increasingly difficult for real estate developers with the involvement of lenders, growing legal issues, and high fee levied by some state authorities in the micro-markets. This comes at a time when demand for new homes has picked up after the Covid-19-led slump and most units in […]

Government may extend PMAY scheme in urban areas for two more years

NEW DELHI: With the timeline of PM Awas Yojna (PMAY) in urban areas overshooting the original time period, the government is all set to extend the scheme till March 2024 to complete the construction of approved houses. The scheme to provide pucca roof to every family in urban areas, the PMAY scheme was launched in […]

Panel set up to assess value of flats affected by partial collapse of Chintels Paradiso tower

GURUGRAM: Haryana’s Department of Town and Country Planning has appointed a team to determine the market value of flats affected by the vertical collapse of a section of highrise here and to find out if they could be repaired properly. The team comprised of financial assessors as well as IIT’s structural engineers, Gurugram Deputy Commissioner […]

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