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Gurugram civic body to hire private agencies to complete infra in nine colonies

GURUGRAM: With the department of town and country planning (DTCP) finally giving its formal approval to the takeover of nine private builder colonies in Gurgaon, Municipal Corporation of Gurgaon (MCG) will float tenders to complete their deficient infrastructure after a month. This is because, the civic authority officials said, the DTCP has given one month’s […]

Supertech asks SC for time till Aug to demolish Noida twin towers; lists 4 reasons

Supertech on Tuesday requested the Supreme Court for an extension of the deadline to demolish 32-storeyed twin towers — Apex and Ceyane — in Noida, which were to be razed on May 22. Officials said the developer wrote to the top court after Edifice Engineering, the private firm contracted to demolish the towers, asked for […]

Gurugram civic body takes over nine private developer colonies

The department of town and country planning (DTCP) issued an order late Monday night transferring nine privately developed colonies — Malibu Towne, Ardee City, Rosewood City, Greenwood City, Mayfield Garden, Vipul Gardens, Uppal Southend, Sushant Lok 2, and 3 — from their developers to the Municipal Corporation of Gurugram (MCG) with immediate effect, said the […]

Gurugram: Soon, registry of floors on plots below 180 sq yd?

GURUGRAM: Buyers of independent floors built on plots less than 180 sq yd in size could soon be allowed to get their properties registered in Gurugram. The district administration, after receiving representation from the aggrieved residents of Sushant Lok 2 & 3, has forwarded the case to the state government for consideration. Due to restrictions […]

Gurugram: 4,000 more shanties demolished along Golf Course Road

GURUGRAM: The department of town and planning (DTCP) continued with its anti-encroachment drive in Saraswati Kunj along Golf Course Road on Monday and razed around 4,000 shanties. On Thursday and Friday, the DTCP’s enforcement team razed over 3,000 and 5,000 shanties, respectively, in the colony. A team, led by district town planner RS Batth, carried […]

Land acquisition in NCR getting difficult for developers

Acquiring land in the national capital region is becoming increasingly difficult for real estate developers with the involvement of lenders, growing legal issues, and high fee levied by some state authorities in the micro-markets. This comes at a time when demand for new homes has picked up after the Covid-19-led slump and most units in […]

Government may extend PMAY scheme in urban areas for two more years

NEW DELHI: With the timeline of PM Awas Yojna (PMAY) in urban areas overshooting the original time period, the government is all set to extend the scheme till March 2024 to complete the construction of approved houses. The scheme to provide pucca roof to every family in urban areas, the PMAY scheme was launched in […]

Ghaziabad civic body okays 1,417 crore budget

The executive committee of the Ghaziabad municipal corporation on Friday cleared the proposed budget for the 2022-23 financial year, which has a proposed expenditure of 1,417 crore as against an income of 1,337 crore. The officials said that two other important proposals regarding the integrated parking management system (IPMS) and the new property tax structure […]

Central Vista revamp: Residential facilities, offices to make KG Marg shift this Aug

Offices and residential facilities at Transport Bhawan, Shram Shakti Bhawan and Raksha Bhawan will start shifting to two upcoming multi-storeyed towers in Kasturba Gandhi Marg in Delhi by the end of August to make way for the construction of office spaces as part of the Central Vista revamp, said two senior officials of the Central […]

BI luxury residences ties up with Oberoi hotels to manage upcoming luxury project in Central Delhi

Delhi-based BI Luxury Residences has tied up with Oberoi hotels and resorts to manage the services at the upcoming luxury project in central Delhi, Shashank Bhagat, chairman of BI group told ET. The company is currently developing 19 boutique apartments in Central Delhi, next to Oberoi flagship hotel.The companies are also in talks to develop […]

Tata leases 1,56,000 sq ft Gurgaon space to PepsiCo, Johnson controls

Tata Realty and Infrastructure, the real estate development arm of Tata group, has leased out over 156,000 sq ft office space at commercial tower Intellion Edge and its information technology park, Intellion Park, in Gurgaon to PepsiCo and Johnson Controls. Of the leased space, Johnson Controls, the global leader for smart, healthy, and sustainable buildings, […]

Panel set up to assess value of flats affected by partial collapse of Chintels Paradiso tower

GURUGRAM: Haryana’s Department of Town and Country Planning has appointed a team to determine the market value of flats affected by the vertical collapse of a section of highrise here and to find out if they could be repaired properly. The team comprised of financial assessors as well as IIT’s structural engineers, Gurugram Deputy Commissioner […]

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