NEW DELHI: Development work in the three model sectors under Delhi Development Authority’s land-pooling policy might begin soon with plans to issue a conditional notice to landowners to form consortiums. Sources said DDA is awaiting the Union housing and urban affairs ministry’s consent to initiate the formation of consortiums to develop the pooled land. Earlier […]
NEW DELHI: The ministry of housing & urban affairs (MoHUA) has approved construction of 2.02 lakh houses in eight states under Pradhan Mantri Awas Yojana-Urban (PMAY-Urban). The states where these homes will be constructed are Assam, Bihar, Jharkhand, Kerala, Madhya Pradesh, Odisha, Rajasthan and Tamil Nadu. These houses are proposed to be constructed under beneficiary […]
NEW DELHI: Indiabulls Housing Finance on Tuesday said a board-appointed committee has approved a proposal to raise capital up to Rs 50,000 crore through bonds. As per the existing shareholders’ enabling authorisation, valid up to July 28, 2022, the company can raise funds up to Rs 50,000 crore through issuance of secured or unsecured non-convertible […]
GURUGRAM: Residents of Breez Global Heights in Sohna’s Sector 33 have complained about poor upkeep of the society and shoddy construction by the developer apart from high maintenance fees of the society. The charges were denied by the builder. They said it has only been a few years, but plasters started to peel off and […]
NEW DELHI: Analytix Business Solutions, a US-based outsourced solutions provider, has leased 70,000 sq ft of managed office space in Sun Westbank, developed by Sun Builders Group, located at Ashram Road, Ahmedabad. The duration of the contract period is nine years. Realistic Realtors facilitated the office space transaction. The tri-party agreement has been facilitated between […]
GURUGRAM: State-backed construction company NBCC has asked the Gurgaon deputy commissioner to “correct” a part of a February 17 order asking it to refund residents who were told to vacate their flats in Green View society amid concerns over structural safety. Weeks after the vertical collapse of living rooms claimed two lives at Chintels Paradiso, […]
Legato Health Technologies, a managed service delivery company that provides IT and business operations services for US health insurers, has leased 500,000 sq ft of office space in Gurgaon, two people aware of the deal said. The space in Gurgaon has been taken at Brookfield Candor office park in Dundahera, they said, adding that it […]
GREATER NOIDA: The Greater Noida Industrial Development Authority (GNIDA) will conduct a draw of lots on March 22 and 23 to select homebuyers to move into the 113 ready to move in flats that are located in Sector XU 1, 2 and 3. These flats are of two different sizes – 120 and 200 square […]
NEW DELHI: A structural assessment report given by Jamia Millia Islamia Professor Khalid Moin, who was recently arrested by CBI in connection with a Rs 1-lakh bribery case, had declared the safety quotient of Chintels Paradiso apartment in Gurgaon as “doubtful”. A part of the apartment had collapsed last month, killing two women. The professor […]
NEW DELHI: The Central government on Wednesday informed that 1.75 crore houses have been completed under Pradhan Mantri Awaas Yojana – Gramin (PMAY-G). Union Minister for Rural Development Sadhvi Niranjan Jyoti in a written reply in Rajya Sabha on Wednesday said under the scheme, 2.28 crore houses have been sanctioned to the beneficiaries, out of […]
GURUGRAM: The streets of the newly developed sectors are going to be a whole lot smarter with the Gurugram Metropolitan Development Authority (GMDA) planning to convert the streetlights on nine stretches into a smart network. The project, officials said, has the potential to reduce operating costs as it would provide web-based control of the light […]
Real estate developer DLF expects its rental income to increase more than Rs 1,500 crore over the next four years, led by its additional commercial development in Chennai, said a company executive. DLF currently generates rental income of about Rs 3,500 crore across its retail and commercial assets under DLF Cyber City Developers (DCCDL) and […]
