With hundreds of migrant workers leaving the city amid threat of violence from right-wing organisations, residents’ welfare associations (RWAs) in at least 10 areas of Gurugram met deputy commissioner Nishant Kumar Yadav on Tuesday and sought security for those migrants who work as domestic helps in their colonies. They have also alleged that certain individuals […]
The Yamuna Expressway industrial development authority (Yeida) launched a residential plot scheme on Tuesday, allowing buyers to apply for a total of 1,184 plots near Noida International Greenfield Airport, which is being developed at Jewar along the Yamuna Expressway, according to officials aware of the matter. Buyers can apply for the plots beginning August 8 […]
NCR-based Galaxy group has leased a land parcel from the Rail Land Development Authority (RLDA) for Rs 356 crore for a residential development in South Delhi’s Lodhi Colony. The developer is expected to invest another Rs 1,000 for development of projects including flats for railway staff. “Delhi has a lot of potential for modern construction […]
GHAZIABAD: An independent survey rolled out on the direction of the Meerut divisional commissioner to identify illegal constructions across Vasundhara township has identified at least 5,000 multi-storey buildings that have come up on single-use plots. A report prepared by the committee, formed after the DC’s office received multiple complaints on the violation of land use, […]
NEW DELHI: A 14-member expert committee on stalled real estate, headed by Amitabh Kant, has recommended a slew of measures to revive them, including handover of flats on an “as is where is basis” in projects that are nearly ready with homebuyers exempted from paying the remaining dues to the builder. It has suggested financing […]
Gurugram: Continuing its drive against illegal commercial establishments in private licenced colonies, the enforcement wing of the department of town and country planning (DTCP) issued over 350 show cause notices to property owners on Friday and Saturday for allowing such units in their properties. DTCP officials said overall, 700 notices have been issued to violators […]
The Nuh administration, with the help of police, on Friday demolished over 50 houses in 10 localities that allegedly belonged to, or were used by, suspects involved in the communal clash on Monday, which left six dead and 70 injured, said police. Police said the houses either belong to the suspects or were used by […]
NEW DELHI: Brookfield India Real Estate Trust (Brookfield India REIT) has completed a capital raise of Rs. 2,305 crore through a Qualified Institutional Placement (QIP) of units. Proceeds from the placement will be directed toward financing the announced acquisition of two large commercial assets from Brookfield Asset Management’s private real estate funds. The issue committee […]
NEW DELHI: A 14-member expert committee on stalled real estate, headed by Amitabh Kant, has recommended a slew of measures to revive them, including handover of flats on an “as is where is basis” in projects that are nearly ready with homebuyers exempted from paying the remaining dues to the builder. It has suggested financing […]
Gurugram Metropolitan Development Authority (GMDA) CEO PC Meena on Friday visited MG Road and inspected a 100-metre stretch which is being redeveloped as part of the ₹11 crore project to upgrade MG Road from Iffco Chowk to Sikanderpur Metro station. As part of the road beautification project, pedestrian paths, cycle tracks, green cover, organised parking and […]
A consortium of KGK Realty (India) Limited and Dhoot Infrastructure Projects Limited has taken over the group housing project, Sare Gurugram, after the NCLT cleared the resolution plan for the project. The move will help over 1200 homebuyers and the company has already started giving possession. Sare Homes, a 47-acre project has 4 million square […]
NOIDA: Homebuyers and developers in the city have pinned their hopes on an expert committee headed by Amitabh Kant, who is currently the G20 sherpa, as it finalises its report on reviving stalled real estate projects. The panel, also comprising representatives from central government and states, has submitted its report to the Union ministry of […]
