News

MRG World to invest Rs 350 crore on affordable housing project in Gurugram

NEW DELHI: Realty firm MRG World, which is into the development of affordable housing, will invest about Rs 350 crore to develop a project in Gurugram. The project, spread over 10 acres, comprises 1,334 units. “The project will entail an investment of Rs 350 crore and will be developed in single-phase over a period of […]

Gurugram: Residents of Emaar Gurgaon Greens protest against builder

GURUGRAM: Upset over the indifferent attitude of the developer towards their concern, the residents of Emaar Gurgaon Greens in Sector 102 began an indefinite sit-in protest on Monday. They claimed that the society is facing several issues, including poor security, lack of horticulture and house keeping maintenance, despite paying hefty charges at Rs 3.65 per […]

Gurugram: DTCP issues notices to ex-MLA’s kin, 20 others for constructing illegal colony

GURUGRAM: Two relatives of former Gurgaon MLA Umesh Aggarwal and the husband of current MCG councillor Sheetal Bagri are among 22 people who have been served showcause notices by the DTCP for allegedly constructing 130 flats in violation of the Haryana Development and Regulation of Urban Areas Act. The alleged offenders have been directed to […]

RBI plans to buy additional office space in Mumbai

MUMBAI: The Reserve Bank of India (RBI) is looking for additional office space in the financial capital near its head office in south Mumbai, or in the Bandra Kurla Complex area. According to the RBI, it wants office space with a size of 2,601 to 7,681 square metres, for which it has issued a Request […]

Gurugram: Signature Global Grandiva buyers say not handed flats; builder denies delay

GURUGRAM: A group of homebuyers of Signature Global Grandiva in Sector 103 on Sunday staged a protest against the developer over delayed possession despite having received the occupancy certificate in April this year. The project was launched 5 years ago, but the construction is yet to be completed. Of the 1,400 flats, the residents claimed, […]

Residents of over 65 colonies in Delhi still await ownership rights

NEW DELHI: While residents of many illegal colonies were conferred ownership rights for their properties under PM-UDAY scheme some time back, residents of 69 ‘affluent colonies’ in the city, including Sainik Farm, Mahendru Enclave, Anantram Dairy, etc. are still waiting for it. With the municipal elections slated to be held early next year, RWAs of […]

East Delhi civic body to survey weak buildings

NEW DELHI: The East Delhi Municipal Corporation on Saturday decided to conduct a survey of weak buildings situated in areas under its jurisdiction, in the wake up of collapse of a two-storey building in Nand Nagri in which one person was killed. Chairman of the Standing Committee of the EDMC Beer Singh Panwar said he […]

Bullet train in Noida and Greater Noida to boost property demand!

NEW DELHI: Real estate in Noida and Greater Noida appears to gain out of several infrastructure projects announced in the past few years. With already efficient road-connectivity and the upcoming Noida Airport in Jewar, the region is again in the limelight for bullet train connectivity. The National High Speed Rail Corporation Limited (NHSRCL) have recently […]

Gurugram: From Aug 7, drones to survey illegal Aravali structures

GURUGRAM: The forest department will begin a survey of illegal encroachments in the Aravalis from Saturday. Four drones will be used to conduct the week-long survey of 6,800 hectares of forest land falling under the Punjab Land Preservation Act (PLPA), officials from the department said. The decision to conduct the survey was taken at a […]

Uttar Pradesh government seeks report from Noida authority on Supertech Emerald Court

NOIDA: The Uttar Pradesh government has sought from Noida Authority a detailed report on Supertech’s Emerald Court housing project, which is the subject of an ongoing Supreme Court hearing. The government’s move follows the Supreme Court rebuking Noida Authority as “a corrupt body” for toeing the developer’s line during arguments on the status of two […]

Noida authority set to hear out flat owners thrice every week

NOIDA: Mediation meetings to resolve issues raised by apartment owners will be held on a regular basis from Monday. The Noida Authority has selected 20 apartment societies that will be taken up in the first round, while the remaining ones will be included later. For now, the authority will take up the issues of only […]

After 4 years, circle rates to go up in Noida

GREATER NOIDA: Planning to buy a property in Gautam Budh Nagar? Be ready to shell out more as the district administration has decided to hike circle rates in Noida, Greater Noida and the Yamuna Expressway region by at least 5% for the first time in four years. Officials, however, said that local residents have a […]

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