NEW DELHI: Nearly 27% of the flats offered by Delhi Development Authority (DDA) throughhousing schemes launched since 2014 have been returned, surrendered or remained unsold,the housing and urban affairs ministry informed the Rajya Sabha on Monday. It said that 79% ofthe total surrendered flats are located in the newly-developed Narela sub-city.In a written reply, junior […]
GREATER NOIDA: The Greater Noida Authority has begun preparations to developa commercial market complex on the lines of Delhi’s Connaught Place near Sector Chi-Phi. Yetto be named, the market complex is expected to come up in an area of about 4-5 acres and willhave 2-4 floors.From the many designs that were invited, the final approval […]
NEW DELHI: The Supreme Court Monday refused to accord urgent hearing to a plea by builders’ body seeking vacation of November 24 order by which the ban on construction activities in Delhi and national capital region (NCR) was re-imposed tocontain the spike in air pollution. Taking note of worsening air quality, the bench headed by […]
NEW DELHI: Ahead of the civic polls in the national capital, the civic body in north Delhi announced a three-stage amnesty scheme for property taxpayers, with some exceptions, on Monday. Chairman of the North Delhi Municipal Corporation’s (NDMC) Standing Committee Jogi Ram Jain and Leader of the House Chhail Bihari Goswami told reporters that the […]
NEW DELHI: A builders’ body has moved the Supreme Court seeking to vacate its order by which it had re-imposed the ban on construction activities in Delhi and the National Capital Region (NCR). The plea filed by the Developers and Builders Forum, a body of more than 60 builders, contended that they use the latest […]
NEW DELHI: Indiabulls Housing Finance on Saturday said it will raise up to Rs 1,000 crore through a public issue of bonds that opens next week. The base issue size of the bonds, in the nature of secured redeemable non-convertibledebentures (NCDs), is of Rs 200 crore with an option to retain over subscription up to […]
NEW DELHI: The National Company Law Tribunal (NCLT) on Tuesday directed to initiate insolvency proceedings against MGF Developments and appointed an interim resolution professional after suspending the board of the realty firm. A two-member Delhi based bench of NCLT passed the order by allowing a plea filed by the residents association of ‘The Vilas Condominium’, […]
GURUGRAM: After seeking the help of RWAs in identifying unauthorised construction and violation of building norms in properties of licenced colonies, the department of town and country planning (DTCP) has now warned the association members against filing of malafide complaints with an intention to settle scores. On November 27, the department urged the RWAs to […]
GURUGRAM: The Gurugram Metropolitan Development Authority (GMDA)’s geographic information survey (GIS)-based map services portal isn’t currently getting the kind of footfall that it had hoped for, considering the population of the city, officials said. The authority plans to integrate details of the infrastructure of other departments in the portal, thereby expanding its scope. GMDA officials […]
NEW DELHI: The portal for participating in the Delhi Development Authority’s land pooling policy for 104 villages is open till December 24, the government informed Lok Sabha on Thursday.Union Minister of State for Housing and Urban Affairs Kaushal Kishore, in a written reply in the Lower House, also said that the “policy and its regulations […]
NEW DELHI: The income tax department has detected alleged tax evasion worth crore of rupees after it recently raided a real estate group engaged in development of slum rehabilitation projects in Mumbai and Navi Mumbai region. The CBDT said in a statement on Thursday that the searches on the group, that undertakes construction of both […]
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 […]
