News

About 700 buildings were identified as dangerous in pre-monsoon survey: NDMC

NEW DELHI: About 700 buildings located in north Delhi were declared as dangerous structures in a pre-monsoon survey by the area’s civic body, senior officials said on Monday. The safety of old houses and other structures has come into sharp focus as two boys, aged seven and 12, were killed after a four-story building collapsed […]

Supertech home buyers jittery after SC orders demolition of twin towers

NOIDA: Rashmi Bondre and her husband Manish Kumar had booked a flat in Supertech’s Eco Village I housing project at Greater Noida in April 2010 and were promised possession of their home by 2012. They had hoped that even if the construction was delayed, they would move into their own home by 2013 and say […]

About 8,000 hectares of Aravalis in Faridabad not part of NCZ: Haryana government

GURUGRAM: Around 8,000 hectares of the Aravalis in Faridabad are not part of the Natural Conservation Zone (NCZ), the Haryana government has pointed out. This is likely to pave the way for constructions in the green area, an issue that has led to several court petitions by environmental activists. In a letter to all the […]

Soon, a rental housing scheme for industrial workers in Haryana

GURUGRAM: To address the issue of dedicated residential areas for industrial workers in Haryana, the state government has decided to roll out an affordable rental housing policy. Approving the policy proposed by the department of town and country planning (DTCP), the government has asked the department to roll out the scheme in all industrial belts. […]

Gurugram: Emerald Hills residents protest over absence of road to society

GURUGRAM: Days after a 43-year-old resident of Emerald Hills in Sector 65 died allegedly due to a delay in the arrival of an ambulance in the absence of proper road connectivity, the residents of the society staged a protest against the developer and the district administration on Saturday. The residents said the three 24-metre-wide internal […]

Noida authority demolishes illegal flats, over 50 kiosks in housing complexes

NOIDA The Noida Authority has demolished four flats in a housing complex and over 50 small and big commercial kiosks that had come up in another project’s premises illegally in a period of three days, officials said on Tuesday. The action has come close on the heels of the Supreme Court’s order for demolition of […]

No Chandigarh housing board flat, won’t vacate government house, says ex-staffer

CHANDIGARH: House that! A man has padded up for a long innings in his government accommodation despite retirement. Hitting out at the failure of the UT administration to provide a flat to him under the UT Employees Housing Scheme-2008, the retired staffer has extended his stay in his borrowed home. Going a step further, he […]

RBL Bank’s MD buys bungalow in Delhi’s Golf Links for Rs 80 crore

Vishwavir Ahuja, managing director and CEO of RBL Bank, has acquired a bungalow in the Golf Links neighbourhood of New Delhi’s Lutyens Zone for Rs 80 crore, three persons aware of the development said. The 575 sq yard property belonged to a family living in London and the property deal was registered on Tuesday, documents […]

Indiabulls Housing gets CCI approval to divest mutual fund business to Groww

NEW DELHI: Indiabulls Housing Finance (IBHFL) has received the CCI approval to divest its mutual fund business to Groww for Rs 175 crore. The company’s wholly-owned subsidiaries Indiabulls Asset Management Company Ltd (IMACL) and Indiabulls Trustee Company Ltd (ITCL) had entered into a definitive transaction agreement in May this year with Nextbillion Technology (Groww) for […]

SIT visits Supertech Emerald Court to gather details

Noida: The UP government’s special investigation team (SIT) visited Supertech’s Emerald Court on Thursday, the site of the twin towers that the Supreme Court has held illegal and ordered demolished. The four-member SIT was set up after the August 31 order of the court to probe – as the court had observed – collusion between […]

Arvind SmartSpaces raises Rs 85 crore from investors

NEW DELHI: The board of directors of Arvind SmartSpaces (ASL) has approved the allotment of 68.5 lakh equity share aggregating to about Rs 85 crore to HDFC Capital Affordable Real Estate Fund-1 (H-CARE 1) and the promoters of ASL at the price of Rs 124/- per share as per SEBI ICDR Regulations 2018, the company […]

About 18,000 Amrapali flat owners have 15 days to stake claim

NOIDA: The names of some 1,800 investors in Amrapali projects in Noida who have not yet staked claim to their flats, were published in the newspapers on Thursday. To resolve the issues of the buyers who had purchased flats in the projects floated by the real estate company in Noida and Greater Noida, the Supreme […]

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