NOIDA: The Comptroller and Auditor General (CAG) has drawn up a comprehensive map of allthat’s wrong with Noida’s prized real estate scheme – group housing societies. The legacy ofyears of lapses and gaps in allotment procedures is the severe distress that homebuyers nowfind themselves in.Out of a total 113 projects that were initiated in the […]
NEW DELHI: Centre-appointed air quality panel CAQM on Friday banned construction anddemolition activities in Delhi and adjoining areas till further orders in view of the toxic air in theregion.However, the Commission for Air Quality Management (CAQM) exempted some projects likethose of the railways, airport, inter-state bus terminals and healthcare facilities among othersfrom the restriction.“Keeping in […]
Homebuyers in Noida will have to pay less for the registry of plat as the Noida authority has mandated the registry to be done as per carpet area and not by super area.The authority has issued a order in this regard and has informed the UP Real Estate Regulatory Authority (UPRERA) and revenue department asking […]
Delhi has 426 real estate agents registered with the real estate regulatory authority (RERA), over 10 times the number of registered projects, according to data by the Ministry of Housing and Urban Affairs (MoHUA). With only 32 projects registered till December 4, Delhi has one of the lowest project registration rates, less than UTs like […]
GREATER NOIDA : The Yamuna Expressway Authority has launched its commercial andindustrial plot schemes. Under the schemes, the Authority is offering some 86 plots for offices,hotels, shops and kiosks in the commercial category in sectors 17A, 18, 20, 22D and 32, and 74plots in the industrial category in sectors 29, 32 and 33 of the […]
NEW DELHI: North Delhi Municipal Corporation has proposed to auction a commercial complexin Azadpur and a commercial plot in the Karampura commercial complex on a leasehold basisfor 99 years.According to the corporation, the 481-square-metre Naniwala Bagh commercial complex inAzadpur, with different sizes of plots, has been lying vacant for years. The civic body hopes tolease […]
The Noida authority on Monday filed a status report before the Supreme Court, detailing the delays in demolishing the twin towers in Supertech’s Emerald Court project. Supertech Limited, meanwhile, filed a review plea before the court in which it maintained that it has informed the authority that three agencies have been shortlisted for the demolition […]
About 11,500 people in Delhi’s 1,731 unauthorised colonies have got ownership rights under the Centre’s Pradhan Mantri – Unauthorised Colony in Delhi Awas Adhikar Yojna (PM-UDAY) that was launched in December 2019, a senior DDA official said. The Delhi Development Authority (DDA), the nodal agency for the implementation of the scheme, has written to the […]
NEW DELHI: The East Delhi Municipal Corporation (EDMC) has introduced a policy that willallow owners of top floors of residential buildings to obtain sanction for construction on terraceswithout having to involve owners of other floors, Mayor Shyam Sunder Aggarwal said onWednesday.This is part of the EDMC’s policy on floor-wise sanction and regularisation of the existing […]
NEW DELHI: Realty firm Prestige Group and co-working operator Awfis have expanded theirpartnership and will set up six more centres, comprising 3 lakh square feet, across major citieswith an investment of about Rs 70 crore to meet rising demand of flexible workspace. InFebruary, the two companies had announced setting up of six centres spread over […]
This new office will cater to the at least 30 lakh strong population in times to come as Greater Noida West is home to at least 4 lakh housing units, spread over an area of around 5,000 hectares Heeding the numerous pleas of residents, the Greater Noida authority on Tuesday started the construction work on […]
A real estate developer was slapped with a penalty of 5 lakh for continuing construction work at a housing project and causing air pollution in violation of guidelines in Greater Noida on Tuesday, officials said. The developer has been directed to remit the fine amount within 15 working days and sprinkle water on the site […]
