Global investment bank Morgan Stanley has picked up 3.35 lakh sq ft of office space in commercial tower Oberoi Commerz III in the Goregaon suburb of Mumbai for a long-term tenure from real estate developer Oberoi Realty, said people with direct knowledge of the development. This space take up is in addition to Morgan Stanley’s […]
GURUGRAM: The Municipal Corporation of Gurgaon (MCG) has directed the head of its no dues certificate (NDC) portal to block and cease updating property IDs of Chintels Paradiso and other projects of the developer. The corporation’s taxation department has also directed the official in charge of issuing NDCs to refrain from registering any documents of […]
With Covid-19 cases declining over the past weeks, the Delhi Development Authority (DDA) has asked the Delhi government to return 5,077 flats in north Delhi’s Narela that were used as a quarantine facility at the start of the pandemic in 2020. A senior DDA official said, “We have written to the Delhi government’s north district […]
The Gurugram Metropolitan Development Authority (GMDA) has started reconstructing a 4.6km stretch connecting National Highway 48 at Vatika flyover in Manesar to Pataudi Road near Sector 89–which will help Delhi-bound commuters avoid congestion at the Kherki Daula toll plaza–and is expected to complete the work in the next six months, said officials in the know […]
NEW DELHI: The North Delhi Municipal Corporation has extended the last date for availing the amnesty scheme for payment of property tax with 100 per cent waiver of both interest and penalty to March 31, officials said on Tuesday. The previous last date for the same was February 28. Chairman of Standing Committee of the […]
Realty developers and facility management firms are gearing up to meet the strict Covid-19 protocols at workplaces as large technology firms and commercial parks expect a faster resumption of office operations this time as against previous attempts over the last two years. While companies have already started opening offices across the country in a staggered […]
A team of officials from the district administration and the department of town and country planning (DTCP) visited the NBCC Green View condominium located in Sector 37D on Tuesday, and helped families shift to alternative accommodation, said officials. District deputy commissioner Nishant Kumar Yadav said, “Of 25 apartment owners in the society, 23 have already […]
District town planner (enforcement) R S Bhath said the plot is in a private licenced colony and there is complete ban on such construction without permission from competent authority Police booked three property owners on Monday for allegedly making illegal constructions in their house in Sector 48, following a complaint by the enforcement wing of […]
NEW DELHI: The leasing of office space by startups is expected to rise 30 per cent during 2022-24 across six major cities compared to the previous three years, according to a report. In its joint report, real estate consultant Colliers India and data analytic firm CRE Matrix said that startups are expected to lease about […]
DLF Ltd plans to develop about 3 million sq. ft. of residential space in south India in addition to an 85-acre plotted development in Chennai as the company gears up to create a pipeline of residential properties after a long time, a senior official told ET. The company, which has mostly focused on north India, […]
Supply of high-value properties in the national capital and other metro cities is being driven byfamilies wanting to sell jointly-owned bungalows in some of the most soughtafter residential areas, said top realtors. Most of the properties are either owned by elderlypeople or by several members of the younger generation.“Covid-19 has brought a fair bit of […]
NEW DELHI: The Dialogue and Development Commission of Delhi, in collaboration with WorldResources Institute, India, will on Monday launch the ‘Residential Electric Vehicle (EV) ChargingGuidebook’ to simplify and enable the adoption of EV charging in all types of residential areas inthe city, an official statement said.The document guides residential societies in understanding the importance of […]
