NEW DELHI: To encourage people living in Delhi’s unauthorised colonies to avail benefits of the PM-UDAY scheme, Union minister Hardeep Singh Puri on Tuesday announced steps under which a ‘will’ is not mandatory for applicants, and ownership rights will be granted on full plot area in case of private land. According to the ministry, many […]
NEW DELHI: 315Work Avenue, a co-working space provider, has signed up 800 seats with Square Yards at Amar Paradigm, Baner, Pune, the company said in media release. Manas Mehrotra, founder, 315Work Avenue said, “This deal reaffirms the potential created by the consistently rising demand of flexible workspaces amongst companies – startups, SMEs, mid-and large-sized enterprises […]
The demand for satellite and boutique offices has been on rise as the Covid-19 pandemic has strengthened the importance for hybrid office culture across large companies, but more importantly among small and medium enterprises and professionals. Several factors including caution towards capital expenditure, need for flexibility in lease terms and allowing mobility to workforce as […]
GURUGRAM: Faridabad, the only district of Haryana which is part of the National Clean Air Programme, is planning to implement a doorstep construction and demolition (C&D) waste pickup service by March 31. The district disclosed its action plan to mitigate air pollution on Monday at the “Dialogue Towards Clean Air”, a two-day event. It also […]
GURUGRAM: Around 150 people, including women and senior citizens, living in Sector 47’s Malibu Towne protested on Saturday against the township developer’s decision to increase maintenance charges from Rs 5 per square yard to Rs 6.50 per square yard. According to the residents, about a month ago the developer issued a notice regarding the hike […]
GURUGRAM: Work on the first phase of Global City — a residential and commercial hub — is likely to start over the next two to three months. Officials in the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), which is executing the project, said the first phase would be developed by next year. “The chief […]
FARIDABAD: State-owned Power Finance Corporation (PFC) has signed a pact with the Municipal Corporation of Faridabad (MCF), Haryana, for supply, installation and commissioning of LED street light systems as part of its CSR initiative. According to the memorandum of understanding (MoU), PFC will provide financial assistance of Rs 3.56 crore to the MCF for supply, […]
The Delhi government’s plan to increase circle rates – or floor rates for property deals – by up to 30% will have an adverse impact on the real estate market and slow the pace of high-value transactions that had hit fresh records after the Covid slump. A government official told ET that a proposal to […]
GURUGRAM: The district town planner on Thursday asked NBCC to provide immediate relief — rent amount for six months in advance and one-time charges for shifting — to the EWS families of Green View project in Sector 37 D, where several residents have raised allegations of structural defects in the buildings. On Thursday, district town […]
GURUGRAM: The Municipal Corporation of Manesar (MCM) has imposed a fine of Rs 1 lakh on Vatika Seven Lamps in Sector 82 for illegally dumping sewage without treating it in violation of environmental norms. The civic body has also warned the developer to ensure proper arrangements for sewage disposal. Residents of the society have complained […]
Global investment bank Morgan Stanley has picked up 3.35 lakh sq ft of office space in commercial tower Oberoi Commerz III in the Goregaon suburb of Mumbai for a long-term tenure from real estate developer Oberoi Realty, said people with direct knowledge of the development. This space take up is in addition to Morgan Stanley’s […]
GURUGRAM: The Municipal Corporation of Gurgaon (MCG) has directed the head of its no dues certificate (NDC) portal to block and cease updating property IDs of Chintels Paradiso and other projects of the developer. The corporation’s taxation department has also directed the official in charge of issuing NDCs to refrain from registering any documents of […]
