The Supreme Court appointed board of Unitech group has appointed Delhi-based consultancycompany REPL (Rudrabhishek Enterprises Ltd Project Management Consultants (PMC) fortaking forward the assignments and ensuring timely delivery of homes to the homebuyers.Total number of units pending for offer of possession in these projects are 3280 and theestimated cost of completion will be about Rs […]
Real estate developer DLF will soon start construction work on 2 million sq ft of office spacein Gurgaon as it sees rising demand for Grade A offce buildings in the coming year, a topexecutive said.Sriram Khattar, managing director at DLF Rental Business, said the company’s underconstruction buildings have already been fully leased.He said the company […]
The department of town and country planning (DTCP) has proposed to impose a monetary penalty on owners of buildings/flats who make illegal additions to their structures after obtaining occupancy certificates (OCs) to curb such constructions, said officials on Tuesday. The department also wants that a substantial penalty should be imposed on the owners who have […]
The company on Wednesday said the new Meta headquarters is spread over 130,000 square feet and six floors, designed as an open floor plan. Meta, earlier known as Facebook, on Wednesday opened an office at CyberHub in Gurugram, the social media company’s first stand-alone office in Asia. The company on Wednesday said the new Meta […]
NEW DELHI: Delhi Environment Minister Gopal Rai on Monday said the ban on constructionand the entry of trucks, barring CNG, e-trucks and those engaged in essential services, willcontinue till further orders in view of a forecast about further deterioration of air quality in thenational capital.The government will review the construction ban on December 16, Rai […]
GURUGRAM: In an attempt to generate more revenue, MCG’s additional commissioner VaishaliSharma on Monday directed officials to expedite the recovery of property tax dues andundertake other revenue-generating exercises like the issuance of trade licences. The zonaltaxation officers have been directed to first identify property tax defaulters with dues over Rs 1lakh and recover the same […]
The new Municipal Corporation of Gurugram (MCG) office in Gurugram Sector 14 is being built with a focus on water and energy conservation and zero wastewater discharge as per the Haryana Building Code of 2017, said officials on Sunday. The “five-star rated green building complex” will regenerate electricity through a grid-connected rooftop solar photovoltaic — […]
Independent floors and plots are getting increasingly popular in Gurugram and Faridabad since the Covid-19 pandemic started and over 20,000 such units are expected to be launched in the next year, according to a report released by a private consultancy, Anarock, on Monday. Experts said that the reason these floors are gaining traction is that […]
NEW DELHI: The Supreme Court Friday told the Faridabad municipal corporation thatgrievances raised by those who have got provisional allotment under the rehabilitation schemefor eligible applicants of Khori village, where unauthorised structures coming under the Aravaliforest area were demolished, must be addressed if they are doable.A bench of Justices A M Khanwilkar and Dinesh Maheshwari […]
NEW DELHI: The National Housing Bank (NHB) is scouting for an agency to collect data ofunsold properties — both underconstruction and ready-to-move-in ones — across 50 cities frombuilders and developers for the computation of its key price index. NHB RESIDEX, India’s firstofficial housing price index (HPI), was launched in July 2007 to track the movement […]
GURUGRAM: Chief minister Manohar Lal Khattar on Friday announced that residential colonies of 13 developers who were facing power woes will soon get permanent electricity connection. According to the CM, a policy has been worked upon and supply of connections will start latest by December 21. “The residential colonies of these developers have been taking […]
NEW DELHI: The government needs to take measures for improving financial viability of rental housing projects such as exemption of property tax for pre-defined period and ease of capital for development, according to property consultant CBRE. In its report ‘The Advent of Rental Housing in India’, the consultant said that more than 11 million sold […]
