News

Gurugram MP inaugurates developmental projects worth 33 crore

Gurugram: Rao Inderjit Singh, Union minister and Gurugram MP, on Saturday inaugurated and laid foundation stone of several developmental projects including construction of roads and drains, laying water and sewage pipelines, and making water supply available across three municipal wards in the city at a cost of 33 crore, said the officials. Addressing the residents […]

Parking rates reduced at Noida’s Sector 18 market

Noida: The Noida authority on Saturday reduced the parking rates for multi-level as well as surface parking at Sector 18, following persistent demands from traders and shoppers visiting the area. Authority officials informed that there are 34 surface parking lots in Noida’s Sector 18 market that can accommodate around 750 four-wheelers and 500 two-wheelers, while […]

At least 200 of DLF condominium fall ill, water contamination suspected

At least 205 residents of Westend Heights in DLF Phase 5 fell ill over the past three days–the youngest among them being a two-year-old boy, who is currently admitted to hospital for diarrhoea — allegedly after consuming drinking water supplied by the Gurugram Metropolitan Development Authority (GMDA). Chief medical officer of Gurugram Dr Virender Yadav […]

Brookfield India REIT proposes to raise up to Rs 5,000 crore via sale of units

NEW DELHI: Brookfield India Real Estate Trust plans to raise up to Rs 5,000 crore through sales of units to institutional investors, as per a regulatory filing. The board of directors of Brookprop Management Services Pvt Ltd, the manager of Brookfield India Real Estate Trust (Brookfield India REIT), at its meeting held on Friday approved […]

Four illegal colonies in Greater Noida demolished

NOIDA: Four illegal colonies in Uttar Pradesh’s Greater Noida were demolished and land measuring around 50,000 square metres, and estimated to be worth Rs 100 crore, freed of encroachment, officials said on Thursday. The action was carried out by the Greater Noida Industrial Development Authority (GNIDA) on instructions of its CEO Surendra Singh, the officials […]

Ghaziabad residents push for Metro rail; scrapping of ropeway project

The residents of Indirapuram have reservations over the proposed ropeway project in Ghaziabad and initiated a 10-day signature campaign for Metro rail connectivity. As a technical committee is about to find out the feasibility of the Mohan Nagar to Vaishali ropeway corridor, the residents said Metro connectivity will be a much better option. They said […]

Gurugram’s Vipul Lavanya residents finally get back their road after authorities intervene

After almost six months, residents of Vipul Lavanya in Sector 81 finally got access to the 24m internal sector road, which was blocked by a developer to construct an affordable housing project. An enforcement team of the department of town and country planning (DTCP) on Thursday demolished the barricades set up by the developer in […]

RERA tells Delhi corporations not to approve unregistered building plans

The Real Estate Regulatory Authority (RERA) of Delhi has asked the city’s four municipal corporations and the Delhi Development Authority (DDA) not to approve building plans for projects that have not been registered with the authority. The decision came only days after the authority made it essential for builders to register projects with a total […]

Real estate arm of Morphogenesis to invest Rs 100 crore for office space project in Delhi

Architect firm Morphogenesis plans to invest Rs 100 crore through its real estate arm to develop about 2 lakh square ft of Grade A office space in Delhi’s Okhla, Manit Rastogi, Founding Partner, Morphogenesis told ET. The company, through a joint development model, has developed 50,000 sq ft of office space and plan to take […]

Warehouse gutted near near Sector 17/18 in Gurugram, no injuries reported

A scrap warehouse near Sector 17/18 dividing road caught fire around 10.30am on Thursday, but no casualties were reported in the incident, said the fire department officials. According to the officials, six fire tenders deployed there doused the blaze around 12.15pm. “The fire broke out in the rear portion of the warehouse. According to the […]

Gurugram: DTCP seeks restraint on payments to Mahira Group projects

In a major relief to homebuyers who have invested in housing projects of Mahira Infratech and complained of being pressurised to pay instalment of their dues despite the real estate firm being blacklisted, the department of town and country planning (DTCP) on Thursday said it has recommended that the builder be restricted from demanding payments […]

Phoenix Mills to add 4.4 million sq ft to retail portfolio in 12-15 months

The Phoenix Mills, India’s largest retail-led mixed-use asset developer and operator, will be operationalizing four new large malls in key consumption centers of Pune, Bangalore, Ahmedabad and Indore over the next 12-15 months owing to a robust rebound in retail activity driven by pent-up demand and revenge shopping post the Covid19 pandemic. Phoenix that counts […]

© 2020 Prithvi Estates, All Rights Reserved.

Register Your Property