News

SC refuses to reopen settlement of home buyers and Supertech on refund

NEW DELHI: The Supreme Court Friday refused to reopen the settlement reached betweenhome buyers of the to-be razed twin-towers of the Emerald Court project and realtymajor Supertech Ltd on the refund, saying it has to be fair to the developer too.A bench of Justices D Y Chandrachud and Surya Kant directed Supertech to make thepayments […]

Gurugram: Vipul Lavanya road blocked, court seeks builders’ reply in a month

GURUGRAM: The district court on Friday has issued a notice to two developers and officials from the department of town and country planning (DTCP) after the RWA of Vipul Lavanya filed a petition seeking a restraining order against the blocking of the main access road to the society. They have been told to submit their […]

Antriksh Golf View 2 residents at wits’ end as Noida authority cancels OC

NOIDA: Residents of Antriksh Golf View 2 are at their wits’ end as the Noida Authority hascancelled the occupation certificate (OC) of the Sector 78 housing society, comprising about1,055 flats across 12 towers.Officials say the OC has been revoked for violation of various building norms, includingconstruction of commercial units in place of residential and unauthorised […]

Gurugram: Buildings granted OCs in past four months to be checked for violations

GURUGRAM: All residential buildings, granted occupation certificates (OCs) since October last year, will be checked for any building violations. The buildings which are found with unauthorised construction after procuring OC will face strict action. The department of town and country planning (DTCP) has directed its enforcement team to conduct visits and submit status report on […]

Government proposes to tweak TDS norms on sale of immovable property

NEW DELHI: One per cent TDS will apply on a non-agriculture immovable property of over Rs 50 lakh on the basis of sale price or the stamp duty value, which ever is higher, after an amendment in the Income Tax Act. Currently, the TDS isdeducted basis only the consideration value of the immobile properties. There […]

Gurugram: FIR recommended against owners of 50 EWS plots in DLF Phase 3

The department of town and country planning on Wednesday recommended that FIRs be registered against owners of 50 economically weaker section (EWS) plots in DLF Phase 3 for violating building plan norms and not taking corrective action despite repeated notices. DTCP officials said the violations include construction of additional floors without permission, 100% ground coverage […]

Supertech twin towers: Can steel plates or trench keep the gas pipeline safe?

NOIDA: The Chennai-based Structural Engineering Research Centre (SERC), a laboratory ofthe Council for Scientific and Industrial Research, will go through the plan to bring downthe Supertech twin towers in Noida and measures to keep an underground gas pipeline just 15metres away from site safe from the impact of the explosion.Scientists and experts of the government […]

Gurugram civic body holds camps in societies to boost property tax collection

GURUGRAM: The Municipal Corporation of Gurgaon (MCG) organised two camps at NirvanaCountry and Spaze iTech Park at Sohna Road and collected around Rs 1.75 lakh of property taxon Tuesday.With only two months left to the current fiscal year, the MCG is organising property tax camps toincrease its collection.The civic body has also scheduled camps at […]

Delhi: South MCD outlines new revamp plan for Meharchand market

With a view to provide relief to 130-odd traders of Meharchand Market, a commercial hub near Lodhi Colony in south Delhi, where shops have been lying sealed since 2018 over building code violations, the South Delhi Municipal Corporation (SDMC) has outlined a new redevelopment plan with a revised standard facade regulation, and a 2.4 metre […]

Union Budget a ‘mixed bag’, say real estate players in Gurugram

The real estate industry in Gurugram on Tuesday described the Union Budget as a “mixed bag”, with some commending its push for low-cost housing, while others said the sector’s long-standing demands (such as a single-window for clearances) were left unmet. During her Budget speech on Tuesday, Union finance minister Nirmala Sitharaman announced that eight million […]

HSVP set to auction land in Gurugram to fill coffers, eyes Rs 1,000 crore

GURUGRAM: HSVP plans to raise around Rs 1,000 crore by monetising its land in Gurgaon.The development authority has listed a total of 96 residential and commercial plots, includingland earmarked for nursing homes and hospitals. All these properties will be sold through eauction, officials said.The authority has to pay more than Rs 1,000 crore to farmers […]

DTCP to take land pooling route to develop two sectors in Sohna

GURUGRAM: For the first time, the department of town and country planning (DTCP) hasprepared a proposal to develop two sectors of Sohna—35 and 36, measuring nearly 530 acresin total, and the sector-dividing roads by land pooling.The department is sending a land pooling proposal to the Haryana Shahri Vikas Pradhikaran(HSVP) chief administrator in Chandigarh for final […]

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