News

Supertech to file review petition against SC order: RK Arora, Chairman

NEW DELHI: Realty firm Supertech Ltd on Saturday said it will file a review petition against the Supreme Court order to demolish the company’s twin 40-storey towers in Noida while asserting that the buildings were constructed as per the bye-laws with approval of the competent authority. Last week, the apex court had ordered to demolish […]

Gurugram: DHBVN stops new power connections as 16 builders fail to pay Rs 317 crore dues

GURUGRAM: The Dakshin Haryana Bijli Vitaran Nigam (DHBVN) has stopped issuing new electricity connections to property owners in colonies developed by 16 builders as they are yet to pay the discom infrastructure charges amounting to over Rs 317 crore. Two groups of homebuyers recently approached the chief minister’s office and the Prime Minister’s office (PMO) […]

Gurugram: DTCP inspects CHD Avenue 71 as residents say infra work incomplete

GURUGRAM: Officials from the department of town and country planning (DTCP) on Friday inspected CHD Avenue 71 society following a complaint by the residents against the developer for not completing the pending development work in the society. On July 26, the residents filed a complaint against the developer on CM window alleging several deficiencies in […]

About 1.5 lakh Amrapali buyers await SC ruling to pave way for registry

GREATER NOIDA: A Supreme Court hearing is scheduled for Friday on the matter of Amrapali (item no 301) in which the hearing will take place on the interest dues part between the authority and builder. This is expected to pave the way for the registry of over 1.5 lakh flat owners of GB Nagar. The […]

Greater Noida authority imposes fine on four builders for violating NGT norms

GREATER NOIDA: The Greater Noida authority has imposed penalties of Rs 3 lakhs on private contractors and other entities that were found violating guidelines and rules to combat air pollution, officials said on Friday. The amount of fine has been asked to be deposited in the account of the authority within a week. The authority […]

YEIDA to launch housing plot scheme near Jewar airport site soon

GREATER NOIDA: The Yamuna Expressway Authority plans to launch a residential plot scheme in sectors 17 and 22D near the upcoming international airport at Jewar by October this year. Officials have been told to locate about 1,000 feasible plots ranging from 120 to 300 sqm in these two sectors. GNIDA is also preparing to launch […]

Indiabulls Housing Finance to raise Rs 1,000 crore

NEW DELHI: Indiabulls Housing Finance, a housing finance company, has announced the public issue of secured/ and or unsecured, redeemable, non-convertible debentures of the face value of Rs. 1,000 each, the company said in a media release. The Tranche I Issue opens on September 06, 2021 and closes on September 20, 2021. The Tranche I […]

Embassy REIT to raise up to Rs 300 crore via debentures

NEW DELHI: Embassy Office Parks REIT will raise up to Rs 300 crore through issue of non-convertible debentures. The company did not disclose where the funds will be utilised. In a regulatory filing, the company informed that the board of Embassy Office Parks Management Services Pvt Ltd, the manager to Embassy Office Parks REIT, had […]

Tata Realty acquires entire equity stake held by Actis in Intellion Square

NEW DELHI: Tata Realty & Infrastructure (TRIL) has acquired entire equity share held by Actis TREIT Holdings No. 2 (Singapore) and 416 Listed NCDs held by Actis TREIT Holdings No. 1 (Singapore) in TRIL IT4 now called Intellion Square situated in Mumbai in an all cash deal, the company said in a media release. A […]

Indiabulls Housing to raise Rs 1,000 crore via public issue of bonds

MUMBAI: Indiabulls Housing Finance is set to raise up to Rs 1,000 crore via a public issue of local bonds as the home financier is bracing up for loan demand in the coming quarters. The retail sale of debt securities will open for subscription next Monday, the first such sale by the issuer after 2018. […]

Supertech twin towers: Senior official who took VRS six years ago under scanner

NOIDA: A former chief architect planner who took voluntary retirement from the Noida Authority six years ago, soon after the Allahabad high court ordered the demolition of Supertech’s twin towers at Emerald Court, is among those under scrutiny as the government examines files to determine the anomalies that facilitated construction. Sources said that family members […]

Noida official suspended in Supertech twin towers case

NOIDA | LUCKNOW: An official recently shunted out of Noida Authority’s planning department was suspended by the state government late on Wednesday as heads started to roll a day after the Supreme Court ordered the demolition of Supertech’s twin towers at Emerald Court in Noida and prosecution of officials who colluded with the builder. Mukesh […]

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