The Noida authority is set to introduce a residential plot scheme next month for residents who plan to build individual bungalows or villas. It will offer at least 500 plots from the well-developed sectors, sources said. The authority has readied 250 plots measuring 112 square metres (sqm) to 400sqm in Sector 151, adjacent to the […]
Nucleus Office Parks, the operating platform for fully-owned office properties of India’s largest commercial real estate owner Blackstone Group, has revised its leasing guidance upward for the year led by robust uptick witnessed in demand owing to strong revival in business environment post the Covid19 pandemic. “The large-scale hiring across key sectors and return to […]
GURUGRAM: Not just the sweltering summer heat, frequent disruption in power supply is also making lives miserable for the residents of Tata Gurgaon Gateway in Sector 112. According to the residents, an 11 KV feeder line from a substation near Palam Vihar supplies power to their flats. This is because the developer is yet to […]
Wire and cable manufacturer Polycab India has acquired a sea-view office spread over two floors at commercial tower The Ruby in central Mumbai’s Dadar locality for over Rs 202 crore in one of the few large outright deals for office spaces in the recent past. The company’s newly acquired office spread over 55,400 sq ft […]
MUMBAI: The Reserve Bank of India (RBI) is planning to take on lease at least 50,000 square feet of office space in Bandra Kurla Complex (BKC) and South Mumbai. According to an Expression of Interest (EoI) floated by the RBI, the acquisition of office premises is proposed on a long-term lease basis for a minimum […]
The construction of a key 1.5-kilometre internal road linking Golf Course Road (GCR) with Huda City Centre (HCC)-Golf Course Extension Road (GCER) will start within the next two weeks, said officials of Municipal Corporation of Gurugram (MCG) on Saturday. The MCG’s finance and contract committee (F&CC) approved a ₹1.32 crore tender allotment of the project […]
More than 30 years ago when Yogendra Narain was given the task to build Greater Noida, he set up his makeshift chamber — a small room with a sofa — in Noida authority’s head office. The year was 1991 and his brief was to plan a modern city with the best amenities for residents and […]
The department of town and country planning (DTCP) on Saturday released a fresh draft of structural safety guidelines to ensure that the design and structure of and material used in high-rise buildings meets the prescribed standards and building code specified by the government. According to the DTCP, the new guidelines aim to plug the gaps […]
Rattled by the collapse of multiple floors at the Chintels Paradiso housing complex in Gurugram Sector 109 on February 10, residents of Fresco Apartments in Sector 50, where chunks of bricks and plaster are allegedly falling from the building, have taken it upon themselves to collect money and get the facade repaired to avoid meeting […]
NEW DELHI: The draw of lots for the DDA Special Housing Scheme 2021, which is offering 18,335 flats of different categories at various locations in Delhi, is slated to be held on April 18, officials said on Wednesday. The housing authority has received about 12,400 applications for it, a senior official said. The number of […]
GURUGRAM: The comprehensive structural audit of Chintels Paradiso, where a cave-in of flats killed two residents on February 10, is expected to begin in a week, district administration officials said on Friday. The move comes amid severe criticism from residents, who have accused the government of dragging its feet on the critical exercise and moved […]
NEW DELHI: Indiabulls Real Estate Ltd (IBREL) has raised Rs 865 crore through issue of shares to institutional investors. The Mumbai-based firm had launched its QIP (Qualified Institutional Placement) issue on March 7 and closed it on April 12. In a regulatory filing, IBREL said that the fund raising committee of the board of directors, […]
