NOIDA: In a major action, the Noida Authority on Wednesday has withdrawn land from the Wave Group and a team of authority officers reached the Wave City Center and took possession of the land. Noida Authority withdrew the land allotment from the group’s Noida City Center. On Wednesday afternoon, a team of authority officers reached […]
Indiabulls Housing Finance has sold a property that belonged to Yes Bank cofounder Rana Kapoor for Rs 114 crore to a Delhi-based real estate developer, three people aware of the development said. The mortgage lender auctioned the property located on South Delhi’s Kautilya Marg in its efforts to recover nearly Rs 240 crore it had […]
GURUGRAM: The Municipal Corporation of Gurugram (MCG) has initiated action against property owners who are not depositing their property tax, despite the interest waiver and exemption given by the Haryana government on the payment of property tax. On Monday, the team of Taxation Branch of Zone-4, led by Tax Inspector Pankaj Saluja under the supervision […]
Bharti Realty Ltd, a subsidiary of Bharti Enterprises, is looking to manage 2 million sq ft of office space in the national capital region (NCR) under the asset management model, CEO SK Sayal told ET. Under the Real Estate Asset Management (REAM) model, the company is evaluating 2-3 projects in the micro markets of Noida […]
GHAZIABAD: Expressing concern over the deplorable condition of a highrise complex in Vaishali, the Ghaziabad Development Authority (GDA) has recently asked the resident’s body of the apartment complex to immediately vacate the building till the time retrofitting of the entire structure is not done. In a letter to the resident welfare body of Alaknanda towers […]
Office space absorption across India’s six major cities is expected to touch 41.3 million sq ft in 2021 marking a growth of 22% from last year despite the disruption caused by the pandemic in the last few quarters, said international property consultant Savills India. Of the major cities, the country’s financial capital Mumbai is likely […]
NOIDA | GREATER NOIDA: The registry logjam in the city is far from over even after the state chief secretary’s directions. Developers in the twin cities say that they have not received any communication from the two authorities yet over the revised payment plan as per the State Bank of India’s marginal cost of funds-based […]
NOIDA: In a major action, the Noida Authority on Wednesday has withdrawn land from the Wave Group and a team of authority officers reached the Wave City Center and took possession of the land. Noida Authority withdrew the land allotment from the group’s Noida City Center. On Wednesday afternoon, a team of authority officers reached […]
GREATER NOIDA: After a gap of 12 years, the Yamuna Expressway Industrial Development Authority (YEIDA) has started the process of executing registry of residential plots in sectors 18 and 20. Launched in 2009, the pockets and blocks in the two sectors were developed over the past three years. Around 11,000 of 21,000 plots are being […]
NEW DELHI: Definite, which provides fractional real estate ownership to investors in commercial real estate, plans to raise Rs 15 crore from its individual private investors interested in buying a 15,135 sq ft commercial space in Magarpatta City, Pune. The spaces has a capacity to house two hundred plus people. It will provide fractional ownership […]
NEW DELHI: The domestic cement industry is likely to witness a growth rate of over 10 per cent in 2021 on account of demand revival, according to ACC Ltd. The government’s spending on big infrastructure projects and affordable housing schemes such as Pradhan Mantri Awas Yojana (PMAY) with enhanced budgetary allocations would be “primary drivers […]
Office space absorption across India’s six major cities is expected to touch 41.3 million sq ft in 2021 marking a growth of 22% from last year despite the disruption caused by the pandemic in the last few quarters, said international property consultant Savills India. Of the major cities, the country’s financial capital Mumbai is likely […]
