News

Adore Group to invest Rs 200 crore in Gurugram project

Gurgaon based real estate developer Adore Group has acquired 10.20 acre land in sector 77 and will develop a residential project with an investment of Rs 200 crore, a senior executive said. “This is the first time in Gurgaon when a project will be based on the Greek lifestyle,” said Jetaish Gupta, Founder & Director, […]

Draft alignment of Metro project from Vatika Chowk to Pachgaon ready

The draft alignment of the proposed Metro line from Vatika Chowk to Pachgaon (Manesar) has been prepared by the Railway India Technical and Economic Service (Rites), which was given the contract to prepare a detailed project report (DPR) for this project earlier this year. A meeting to review the proposed alignment will be held in […]

Delhi government to launch mobile registration vans for construction workers

NEW DELHI: The Aam Aadmi Party government will facilitate the registration of construction workers by launching special mobile registration vans, Delhi Labour Minister Raaj Kumar Anand said on Wednesday.”The labour department will register the construction workers at all labour sites in Delhi using vans so that they can be enabled to take benefit of various […]

Yeida nod for Suraksha Group’s plan to take over stuck realty project of Jaypee Infratech

The Yamuna Expressway Industrial Development Authority (Yeida), in its 78th board meeting on Wednesday, approved Mumbai-based Suraksha Group’s resolution plan to take over stuck realty projects of bankrupt Jaypee Infratech Limited (JIL), which failed to deliver around 32,000 units in its different housing projects in Noida and Greater Noida. With the latest nod, the last […]

Gurugram: After audit, builder of Brisk Lumbini starts repairs, RWA says ‘keep us in loop’

GURUGRAM: After a structural audit by the district administration, the developer of Brisk Lumbini in Sector 109 has been carrying out repair work of the structural defects through its contractor. However the RWA is unhappy with the process, claiming that the residents and the structural audit agency are not being kept in the loop with […]

GB Nagar administration to acquire 306 hectares of land near Noida airport

The Gautam Budh Nagar administration has sent a proposal to the Uttar Pradesh government on Tuesday, to acquire around 306 hectares of land to develop a new industrial sector near the Noida airport site in Jewar, officials aware of the development said. According to officials, the proposal has been sent for approval after most of […]

Yeida to change group housing land payment plan

The Yamuna Expressway Industrial Development Authority (Yeida) is considering a significant change in its land payment scheme for realtors, officials aware of the matter said. Under the proposed revision, developers may be allowed to pay housing land costs over a five-year period, in contrast to the previous scheme, which required payment within 90 days after […]

NCR-based developer announces new affordable housing project in Gurugram

MRG Group announced to develop ‘PRIMARK’ with a substantial investment of Rs 250 crore in sector 90, Gurugram. This investment aligns with the group’s vision of creating ‘Spaces for Life’ and aims to address the growing demand for affordable housing options in one of India’s rapidly developing urban centres. The new project draws inspiration from […]

At board meeting, Yamuna Expressway authority to take a call on 1,600 flat allottees

NOIDA: The Yamuna Authority’s board meeting has been scheduled for September 13. Several proposals are set to be presented during the meet. Relief to 1,600 allottees who were allocated flats constructed by the authority under two schemes, will be proposed. Both the schemes were cancelled and allottees were given an option to either withdraw their […]

Master Plan 2041: GNIDA set to build commercial hub close to airport site

GREATER NOIDA: The GNIDA Board has given preliminary approval to its Master Plan 2041 that proposes increasing the land allocated for industrial use and leveraging the area’s proximity to the Noida International Airport to develop a commercial hub in the city. Currently, 25.4% of the 40,000-hectare area – called phase 2, which proposed to be […]

MDH’s CEO buys bungalow in Delhi for Rs 36 crore

The CEO of spices maker Mahashian Di Hatti (MDH),Rajeev Gulati, has bought a 355 square metre bungalow in Delhi’s Vasant Vihar for 36 crore, said three people aware of the development. Gulati, son of late founder Mahashay Dharampal Gulati, has paid 2.16 crore stamp duty for the transaction, according to the documents accessed by ET. […]

Over 1.7 lakh register for 1,200 plots near Noida airport

NOIDA: A scheme floated barely three weeks ago by the Yamuna Expressway Industrial Development Authority (YEIDA) to allot plots for independent houses near the upcoming Noida International Airport has received an overwhelming response as people rush to grab a piece of what is perceived as a real estate gold mine. Till Wednesday evening, the portal […]

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