GURUGRAM: The streets of the newly developed sectors are going to be a whole lot smarter with the Gurugram Metropolitan Development Authority (GMDA) planning to convert the streetlights on nine stretches into a smart network. The project, officials said, has the potential to reduce operating costs as it would provide web-based control of the light […]
Real estate developer DLF expects its rental income to increase more than Rs 1,500 crore over the next four years, led by its additional commercial development in Chennai, said a company executive. DLF currently generates rental income of about Rs 3,500 crore across its retail and commercial assets under DLF Cyber City Developers (DCCDL) and […]
The department of town and country planning (DTCP) in Gurugram has asked IIT Roorkee to conduct the structural audit of five group housing projects in the city, where residents had complained of structural defects in residential towers, after getting the approval from higher authorities in Chandigarh. DTCP officials on Monday said they have written to […]
The district administration on Monday sealed the office of realty firm Radicon Vedantam in Greater Noida’s Sector 16 C for failing to pay 4 crore to homebuyers despite repeated notices. The administration is likely to seal offices of other realty firms on Tuesday for defaulting payment of homebuyers. “Today (Monday), we have sealed the office […]
NEW DELHI: Shares of Indiabulls Housing Finance zoomed as much as 13 per cent during the early trade on Tuesday following the exit of Sameer Gehlaut from the company. Sameer Gehlaut has resigned from the Non-Executive Director post of the non-banking finance company (NBFC), with effect from March 14, 2022. The company also informed that […]
GURUGRAM: The department of town and country planning (DTCP) has written to the head of civil engineering department of IIT-Roorkee on the scope of work for the structural audit of five residential projects along Dwarka Expressway. A team from the institute will determine the quality of construction and find out the root cause of structural […]
In the past one month, the Gurugram Metropolitan Development Authority (GMDA) has reinvited bids for at least six projects due to various reasons, but primarily because the costs quoted by the contractors were very high, said officials in the know of the matter on Monday. Some of the projects for which tenders have been reinvited […]
Officials of Edifice Engineering, the private firm engaged by Supertech to carry out the demolition of two 32-storey buildings situated at Emerald Court project in Noida, said on Tuesday that they will use shock tubes filled with explosives to conduct a test blast at the site. The officials also said that around 300 workers are […]
NEW DELHI: Four banks–Bank of Baroda, Bank of India, UCO Bank and Punjab & Sindh Bank — have come on board to infuse money in SC- monitored construction of Amrapali housing projects while State Bank of India and Punjab National Bank on Monday assured the Supreme Court that they would take the decision by end […]
NOIDA: Everything but time will stand still as the clock strikes 2.30pm on May 22 at Sector 93A in Noida. In the next nine seconds, India’s tallest buildings to be brought down will disappear from the cityscape. Coincidentally, the nine-second demolition is nine months from the August 31, 2021 order of the Supreme Court for […]
GURUGRAM: A group of residents of Indiabulls Centrum Park located in Sector 103 protested against the installation of a mobile tower in their society. Citing health concerns, the protesters registered police complaints against the RWA and the developer on Sunday. In June 2021, the RWA allowed the installation of a temporary cell on wheels (COW), […]
CHENNAI: Realty major DLF on Monday announced an investment of around Rs 550 crore to construct a one-million-square-feet office building for Standard Chartered Global Business Services’ largest campus globally. Tamil Nadu Chief Minister M K Stalin laid the foundation stone of the office campus in ‘DLF Downtown’ project at Taramani in Chennai. In October 2020, […]
