The Greater Noida authority has decided to redevelop two of the city’s old villages –Kasna and Surajpur –whose residents are facing multiple issues such as bad roads, overflowing drains, sanitation problems and choked sewers, officials said Friday. The authority’s chief executive officer Narendra Bhooshan inspected Kasna and Surajpur along with the staff and prepared a […]
NEW DELHI: The gross leasing of office space in Delhi-NCR market jumped more than 2.5 times to 1.8 million square feet during January-March on improved demand from corporates and co-working operators, according to Colliers. Office leasing stood at 7,00,000 square feet in the January-March period of last year. The new supply of office space fell […]
NEW DELHI: After developing 2,800 EWS flats at Kalkaji Extension as part of an in situ slum redevelopment initiative, Delhi Development Authority (DDA) has now put into motion the second phase of the project. Now, 5,382 flats will be created for slum dwellers in public-private-partnership mode. DDA had taken up in situ slum redevelopment of […]
The Yamuna Expressway Industrial Development Authority (Yeida) approved the Noida international airport’s development plan, officials said Thursday, paving the way for work to be accelerated at the site. According to officials, the development plan was approved at the Noida International Airport Limited’s (NIAL) board meeting that was held in Lucknow on Wednesday and was attended […]
After residents protested against the setting up of an automatic compressed biogas (CBG) plant in Sector 123, the Noida authority announced that they might shift the plant to another location that was supposed to be the site for a sewage treatment plant (STP). However, residents still feel cheated as the new location is now just […]
NOIDA: The Greater Noida Industrial Development Authority (GNIDA) on Tuesday said it has increased the minimum rate for buying farmland from Rs 3,500 per square metre to Rs 3,750 per sq metre with effect from April 1. The GNIDA also announced an increase of around Rs 5,000 to Rs 7,000 per square metre in rates […]
NEW DELHI: IndiQube, a flexible workspace provider, has raised $30 million in funding from the company’s promoters, WestBridge Capital and Ashish Gupta, angel investor. Out of $30 million, the promoters have infused $17 million. It plans to use the proceeds, to double its PAN India commercial real estate footprint, venture into Tier II cities and […]
GREATER NOIDA: The Greater Noida authority has hiked the land allotment rates for all properties–residential, industrial as well as IT plots–for the 2022-23 fiscal, which will be applicable retrospectively from April 1 onwards, officials said Wednesday. While the hike for different categories of residential properties is upto 25% (the hike for category A is 17%, […]
More than 500 families living in Vipul Lavanya condominium in Gurugram are likely to have an alternative access road to the condominium soon, said the officials on Wednesday. A team of officials from department of town and country planning (DTCP) visited the area in Sector 81 on Tuesday, and analysed several options for providing an […]
NOIDA: The Greater Noida Industrial Development Authority (GNIDA) on Tuesday approved a budget of over Rs 5,100 crore for 2022-23, allocating Rs 2,000 crore from it for land acquisition and Rs 1,400 crore for development works in villages and residential sectors. This is the biggest budget for any fiscal year since 2017-18 for GNIDA, which […]
GURUGRAM: The National Consumer Disputes Redressal Commission (NCDRC) has directed a developer, ILD, to hand over in six months flats in a housing project in the city that was launched 14 years ago. The commission ruled that if the developer failed to deliver the flats within the time period, it would have to pay a […]
At least 10 people were booked for allegedly duping an industrialist of 3.5 crore by fraudulently selling him a residential property in Sushant Lok-3, which belongs to a real estate firm and was one of the several properties seized by the Central Bureau of Investigation (CBI) in 2014 in a multi-crore scam, said police on […]
