Around 150 migrant workers, who had left for home in the wake of the coronavirus lockdown, returned to construction work in Noida Saturday, a realtors’ body said. The workers had gone to their homes in Deoria district in eastern Uttar Pradesh and their return would help developers complete the projects soon, the state unit of […]
Long ago, Franklin D. Roosevelt said that “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” This understanding has actually stood the test of time with real estate property […]
NEW DELHI: Godrej Properties is actively looking at tapping the the complete Delhi-NCR market with new residential projects in Delhi, Faridabad and Ghaziabad in the near future, according to a top company executive. The projects could be in the form of plotted development, group housing or villa development. “We are actively looking at expanding our […]
New Delhi: Union Housing and Urban Affairs Ministry on Friday approved the construction of around 10.28 lakh houses under the Pradhan Mantri Awas Yojana (Urban), taking the total number of houses sanctioned so far under the scheme to 1.06 crore. The decision was taken at a meeting of the Central Sanctioning and Monitoring Committee (CSMC) […]
GREATER NOIDA: Office bearers of more than three dozen residents’ welfare associations (RWA) reached GNIDA’s office in Knowledge Park IV to hand over a memorandum to the authority’s chief executive officer denouncing its move to hand over the maintenance work of residential sectors to them. GNIDA wants to pass on at least three responsibilities to […]
GURUGRAM: Residents of Kant Enclave on Monday put up a peaceful demonstration on site as their homes and properties were demolished by Faridabad authorities in accordance with a Supreme Court order. They called April 1 a ‘black day’, and carried posters denouncing the drive. The residents said this was probably the first time that an […]
LUCKNOW: A bench of Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has imposed a penalty of Rs 93 lakh on housing developer giant Mascot Homes Private Limited for delaying refund to buyers who invested in its housing project Manorath in Noida extension. It also directed the company to refund buyers’ money along with interest.The order […]
NEW DELHI: Mindspace Business Parks REIT made its market debut on Friday, with a premium of nearly 11 per cent against its issue price of Rs 275 per unit. The units of the REIT listed at Rs 304, reflecting a gain of 10.54 per cent from the issue price on the BSE. Later, it touched […]
NOIDA: In a huge relief to Amrapali buyers awaiting homes for over 10 years now, state-owned NBCC has said it will try to hand over at least 150-200 flats every month from August, instead of waiting for entire towers to get completed. Executive director of NBCC, Raman Agarwal, told TOI that the company had handed […]
NEW DELHI: Omaxe has entered into an agreement to acquire 37,50,000 equity shares of Hartal Builders and Developers i.e. 75% equity shares for Rs 3.93 crore, the company said in its BSE filing. The acquisition will be completed by August 16. “It will help the company to develop a residential project in Faridabad,” the regulatory […]
GURUGRAM: Small housing projects will soon offer options to investors looking to buy homes in plotted colonies and group housing societies in Gurugram and Faridabad. This is because the state government has reduced the minimum area norms for residential and industrial colonies. The move, developers say, will help revive the ailing real estate sector. As […]
GURUGRAM: The Faridabad municipal corporation on Monday resumed action against farmhouses built on forest land and partially demolished 39 of them in Anangpur village. These houses, built in the vicinity of Kant Enclave, violated provisions of the Punjab Land Preservation Act (sections 4&5) and had been asked by the Supreme Court to be demolished. Civic […]
