News

EY India renews lease for 40,330 sq ft office space in Mumbai’s Dadar

Professional services firm EY India has renewed its lease for an office spread over 40,330 sq ft on an entire floor at commercial tower The Ruby in central Mumbai’s Dadar locality for the next 30 months. The firm will be paying a total nearly Rs 20 crore as rentals for this office during the entire […]

Delhi: 1,000 homes demolished, over 5,800 people hit, says HLRN report

NEW DELHI: A new report by Housing and Land Rights Network (HLRN) says that the government authorities, at both the central and state levels, demolished over 36,480 homes in 2021, thereby evicting over 2 lakh people from their homes across the country. In Delhi, various land-owning agencies demolished 1,123 homes for various reasons, affecting a […]

814 crore to be spent on 3.5-km rail project in Greater Noida

The Integrated Industrial Township Greater Noida Limited (IITGNL) will spend 814 crore to build a 3.5km-long rail project to connect the multimodal Logistics Hub, and Transport Hub with the dedicated freight corridor line at New Dadri railway station. Development work is likely to begin soon, officials said. Surendra Singh, chief executive officer, IITGNL, held a […]

Gurugram cleared of waterlogging as rains stop; IMD predicts drier days ahead

After three days of intermittent rain, the city on Sunday witnessed overcast skies with no rainfall reported throughout the day. The respite from heavy rain helped authorities to clear major roads and junctions of waterlogging. According to the India Meteorological Department (IMD) Chandigarh, the chances of rain in Gururgram and south Haryana are expected to […]

People evacuated from two houses in Sector 38 after wall collapses

The occupants of two houses in Sector 38 were evacuated on Saturday after one of their boundary walls collapsed, and the structural wall of the other developed a crack. Incessant rain allegedly caused a soil cave-in on the plot between them which has been dug up for construction work, allegedly causing damage to the structures. […]

Gurugram: DTCP to take action if structural audit teams are obstructed

The Department of Town and Country Planning (DTCP) on Saturday directed all developers and maintenance agencies of condominiums to cooperate with and assist the structural audit teams which visit their projects. The directions were issued after a structural audit team was not allowed to enter a condominium in Sector 84 on Saturday morning and was […]

Noida: Developers need 3-5 years to pay for plots post-allotment, says Credai

NOIDA: The Confederation of Real Estate Developers’ Association of India’s (Credai) NCR chapter has urged the Noida and Greater Noida authorities to reconsider their decision to give developers just a three-month window to pay the total cost of a plot once the allotment is done under the new schemes. Earlier, this payment period used to […]

Over 11,000 flats’ possession to be given to Amrapali buyers in 2-3 months

NEW DELHI: In a good news for the hassled home buyers of Amrapali Group, the Supreme Court on Friday was informed that 11,858 flats will be delivered in 2 to 3 months of which 5, 428 units will be handed over the possession in October. A bench of Chief Justice UU Lalit and Justice Bela […]

Yeida to exclude some villages from development zone

GREATER NOIDA: The Yamuna Expressway Industrial Development Authority (Yeida) on Thursday said it decided to exclude some villages in Aligarh, Hathras, Mathura and Agra districts from its notified zone—earmarked for planned development along the Yamuna Expressway—because of the boundaries of some municipalities were redrawnby the state government at the beginning of the year to include […]

Gurugram residents suffer losses from rainwater damage

Accumulated rainwater entered many houses and basements of buildings on Friday following two days of rainfall in the city. Areas such as DLF Phase 1, Sushant Lok-1, Old Gurugram, and Sectors 4, 5, 7, 14, 46, and 56 were among the worst affected as lanes submerged, forcing several residents to shift to the upper floors […]

Delhi: NOC not needed for properties that became freehold before March 2000

High-end properties in Delhi that have been converted from leasehold to freehold before March 2000 can be registered without a no-objection certificate (NOC) from the Land and Development Office (L&DO), the department clarified on Thursday. L&DO, which comes under the Union housing and urban affairs ministry, had in July issued directions to the Delhi revenue […]

NCRTC to develop serviced apartments in Delhi’s Jungpura

National Capital Region Transport Corporation (NCRTC), which is executing the Delhi-Meerut regional rapid transit system (RRTS) project, has identified 17.27 hectares of land in south Delhi’s Jungpura area to develop and lease serviced apartments. The corporation plans to develop 149 one-bedroom units at the site and use the income generated from the serviced apartments to […]

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