NEW DELHI: After developing 2,800 EWS flats at Kalkaji Extension as part of an in situ slum redevelopment initiative, Delhi Development Authority (DDA) has now put into motion the second phase of the project. Now, 5,382 flats will be created for slum dwellers in public-private-partnership mode. DDA had taken up in situ slum redevelopment of […]
NOIDA: The Greater Noida Industrial Development Authority (GNIDA) on Tuesday said it has increased the minimum rate for buying farmland from Rs 3,500 per square metre to Rs 3,750 per sq metre with effect from April 1. The GNIDA also announced an increase of around Rs 5,000 to Rs 7,000 per square metre in rates […]
NEW DELHI: IndiQube, a flexible workspace provider, has raised $30 million in funding from the company’s promoters, WestBridge Capital and Ashish Gupta, angel investor. Out of $30 million, the promoters have infused $17 million. It plans to use the proceeds, to double its PAN India commercial real estate footprint, venture into Tier II cities and […]
NOIDA: The Greater Noida Industrial Development Authority (GNIDA) on Tuesday approved a budget of over Rs 5,100 crore for 2022-23, allocating Rs 2,000 crore from it for land acquisition and Rs 1,400 crore for development works in villages and residential sectors. This is the biggest budget for any fiscal year since 2017-18 for GNIDA, which […]
GURUGRAM: The National Consumer Disputes Redressal Commission (NCDRC) has directed a developer, ILD, to hand over in six months flats in a housing project in the city that was launched 14 years ago. The commission ruled that if the developer failed to deliver the flats within the time period, it would have to pay a […]
NOIDA: A month-long drive has been rolled out by the Greater Noida Industrial Development Authority (GNIDA) to clear all construction and demolition (C&D) waste from the city. The authority has released a date-wise schedule for each sector and urged residents to inform it on debris lying along roads. Growing at a fast pace, Greater Noida […]
NEW DELHI: In a boost to the efforts of construction of stalled projects of Amrapali, the Supreme Court was on Monday told that a consortium of seven banks have granted final approval to infuse Rs 1500 crore out of which Rs 150 has been directly paid to National Buildings Construction Corporation (NBCC). A bench of […]
NOIDA: After over 30 years, names of Greater Noida residential sectors such as Alpha, Beta, Delta and Omicron could be replaced by numeric figures like Sector 1, 2, 3, according to officials, a move apparently prompted by the Greek alphabet’s association with Covid variants. There has been a demand from a section of residents for […]
NOIDA: A month-long drive has been rolled out by the Greater Noida Industrial Development Authority (GNIDA) to clear all construction and demolition (C&D) waste from the city. The authority has released a date-wise schedule for each sector and urged residents to inform it on debris lying along roads. Growing at a fast pace, Greater Noida […]
NEW DELHI: Bharti Enterprises and Brookfield, have entered into a joint venture agreement for four commercial properties totalling to 3.3 million sq ft. “As part of the joint venture, a Brookfield private real estate fund will purchase 51% stake from Bharti Enterprises, which will continue with a 49% economic interest in the properties. The enterprise […]
GURUGRAM: The department of town and country planning (DTCP) has directed the developers of all group housing colonies in Gurgaon to submit all documents related to maintenance to the respective RWAs or upkeep agencies within 30 days. “It has come to the notice of this office that in order to have maintenance of the colonies, […]
GURUGRAM: Chief minister Manohar Lal will hold a round table discussion with industry leaders and prominent citizens of Gurgaon on Friday on the proposed Global City project that is set to be developed on 1,000 acres near Manesar as a hub of trade and business not just for the city but all of Delhi-NCR. The […]
