NEW DELHI: The North Delhi Municipal Corporation has extended the last date for availing the amnesty scheme for payment of property tax with 100 per cent waiver of both interest and penalty to March 31, officials said on Tuesday. The previous last date for the same was February 28. Chairman of Standing Committee of the […]
Realty developers and facility management firms are gearing up to meet the strict Covid-19 protocols at workplaces as large technology firms and commercial parks expect a faster resumption of office operations this time as against previous attempts over the last two years. While companies have already started opening offices across the country in a staggered […]
NEW DELHI: The leasing of office space by startups is expected to rise 30 per cent during 2022-24 across six major cities compared to the previous three years, according to a report. In its joint report, real estate consultant Colliers India and data analytic firm CRE Matrix said that startups are expected to lease about […]
DLF Ltd plans to develop about 3 million sq. ft. of residential space in south India in addition to an 85-acre plotted development in Chennai as the company gears up to create a pipeline of residential properties after a long time, a senior official told ET. The company, which has mostly focused on north India, […]
Supply of high-value properties in the national capital and other metro cities is being driven byfamilies wanting to sell jointly-owned bungalows in some of the most soughtafter residential areas, said top realtors. Most of the properties are either owned by elderlypeople or by several members of the younger generation.“Covid-19 has brought a fair bit of […]
NEW DELHI: The Dialogue and Development Commission of Delhi, in collaboration with WorldResources Institute, India, will on Monday launch the ‘Residential Electric Vehicle (EV) ChargingGuidebook’ to simplify and enable the adoption of EV charging in all types of residential areas inthe city, an official statement said.The document guides residential societies in understanding the importance of […]
GURUGRAM: The Haryana government has set up a committee to examine the structuralstrength of buildings in the state, including those in the national capital region. The informationwas given by Haryana Chief Secretary Sanjeev Kaushal in his inaugural address to a two-dayUrban Development Conclave in Gurugram.Kaushal made the statement days after the sequential collapse of drawing-room […]
GURUGRAM: The administration here on Friday reconstituted the committee probing the Chintel Paradiso tower collapse, including officials from the Engineering and Police Departments. Two people had died when a tower at Chintels Paradiso society in Gurugram partially collapsed earlier this month. According to a senior official, the panel has been reconstituted for proper coordination. “We […]
NOIDA: Greater Noida’s first construction and demolition (C&D) waste plant will be built in Ecotech III, at a cost of Rs 11 crore. The plant will be ready in the next one-and-a-half years, officials said. So far, over 2,000 tonnes of debris have been lifted from more than 35 locations of the city and transported […]
NEW DELHI: Around 12,500 residents of the city’s 1,731 unauthorised colonies have received ownership rights under Pradhan Mantri – Unauthorised Colony in Delhi Awas Adhikar Yojna (PM-UDAY) in slightly more than two years since the scheme was launched. The process of registration of properties began on December 16, 2019 and 20 residents of two unauthorised […]
Office vacancy level across eight major cities increased marginally to 17% in the fourth quarter of calendar year (CY21) from 16.9% in the previous quarter but the exodus of companies from large building complexes due to Covid-19 appears to be bottoming out, according to an analysis by ICICI Securities. Experts said vacancy levels will fall […]
NEW DELHI: New Delhi Municipal Council (NDMC) will start the allotment of 120 type-II flats to its employees from March. The seven-storey complex at Sector-7, Pushp Vihar in Saket will be named ‘Amrit Mahotsav Parisar’ and has been constructed over 1.6 acres for Rs 43.5 crore. The complex will have many environment-friendly facilities, such as […]
