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Gurugram civic body eyes revenue from building plan approvals

GURUGRAM: MCG has asked its joint commissioners to initiate a survey for identifying unauthorised buildings in their zones where construction is going on despite the sites being sealed for not taking building plan approvals. The civic body will also focus on increasing its revenue from building plan approvals, officials said. Additional commissioner Vaishali Sharma said […]

Gurugram development body plans Rs 1,000 per sq metre fine for green belt encroachers

GURUGRAM: Encroaching green belts may soon have financial consequences as the Gurugram Metropolitan Development Authority is contemplating imposing hefty fine of Rs 1,000 per square metre on violators. Currently, the authority can either serve notices to violators and thereafter remove the squatters or seek police intervention. At a recent GMDA Core Planning Cell (CPC) meeting, […]

Indiabulls Real Estate appoints KG Krishnamurthy as independent director

NEW DELHI: Indiabulls Real Estate has appointed Kulumani Gopalratnam Krishnamurt as an independent director, not liable to retire by rotation, on the board of the company, for an initial term of three yearswith effect from November 9, 2021, it said in the BSE filing. Krishnamurthy, who is former managing director & CEO of HDFC Property […]

Delhi: NDMC halts construction activities at 54 sites, imposes fine

NEW DELHI: The North Delhi Municipal Corporation authorities on Monday halted construction and demolition activities at sites of 54 private properties for alleged violation of green norms, officials said.The NDMC also imposed a fine of Rs 16 lakh on violators, according to guidelines of the green authorities, they said. The civic body in a statement […]

Builders won’t be able to sub-divide & sell land plots: Greater Noida authority

NOIDA: Real estate developers will no longer be able to sub-divide and sell land plots allotted to them in Greater Noida, while the industrial units set up before the local authority came into being will also have to pay a development fee, officials said on Monday. The decisions were taken during the 124th board meeting […]

Single-window facility to install EV chargers in buildings in Delhi

NEW DELHI: Charging electric vehicles (EVs) is set to become easier with Delhi government launching a single-window facility that aims to make the process of installing private EV charging points at commercial, institutional or residential locations a hassle-free experience. On Monday, transport minister Kailash Gahlot launched the facility, which would be available both online and […]

Over 90 industrial plots up for grabs in Greater Noida

GREATER NOIDA: A total of 91 plots ranging from 450 square metres to 40,470 square metres are being offered by Greater Noida Industrial Development Authority (GNIDA) under an industrial plot scheme, which was launched a day before Diwali. The plots are in industrial sectors Ecotech-01 Extension-01 and Ecotech-06. Applications for the industrial plot scheme are […]

Gurugram: DHBVN issues notices to eight builders over failure to develop power infra

GURUGRAM: Residents of housing societies developed by eight developers may face disruption in power supply and a temporary ban on new connections as the promoters have failed to develop requisite power infrastructure – 33-kilo volts (KV) sub-station and related infrastructure. The Dakshin Haryana Bijli Vitran Nigam (DHBVN) has recently issued notices to all the defaulters, […]

Residential buildings with EV charging stations may see price rise of 2-5%: JLL

NEW DELHI: New residential buildings with installed electric vehicle charging stations may see price appreciation between 2- 5%, according to JLL. According to JLL, the EV industry will grow at a CAGR of upwards of 40% by 2030 given the government policies and massiveEV adoption rate. This will surge the demand for EV charging stations […]

Omaxe lease out 10.5 lakh sq ft space between Apr-Oct 2021

NEW DELHI: Omaxe has leased out a cumulative area of 10.53 lakh sq ft across its commercial properties in Greater Noida,Faridabad, New Chandigarh, Lucknow, and Amritsar so far in thefiscal year 2021-22, the company said in a media release. The company has leased out 6.77 lakh sq ft, 2.95 lakh sq ft in Lucknow, 58,222 […]

Over 90 construction & demolition sites shut down for violating dust norms in Delhi

NEW DELHI: After the air quality of the capital reached the ‘severe’ category on Friday with an overall Air Quality Index (AQI) of 462, Delhi Pollution Control Committee (DPCC) closed down 92 construction and demolition(C&D) sites for dust norm violations on Friday. A senior DPCC official said, “All the C&D sites, which have been closed […]

Over 90 industrial plots up for grabs in Greater Noida

Greater Noida: A total of 91 plots ranging from 450 square metres to 40,470 square metres are being offered by Greater Noida Industrial Development Authority (GNIDA) under an industrial plot scheme, which waslaunched a day before Diwali. The plots are in industrial sectors Ecotech-01 Extension-01 and Ecotech-06. Applications for the industrial plot scheme are open […]

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