NOIDA: A meeting among officials of the Noida and Greater Noida authorities, private developers and homebuyers was held on Thursday to discuss the stalemate over delayed registry of flats. The meeting was chaired by Sanjiv Kumar Mittal, the infrastructure and industrial development commissioner in the state. At the meeting, the developers representing Credai and Naredco […]
Real estate developers and industry bodies have urged the Uttar Pradesh government to come up with a pragmatic policy for the industrial development authorities of the state, especially Noida and Greater Noida, so that they can take quick decisions with respect to the projects undergoing the insolvency process. Resolutions of multiple projects are on hold […]
NEW DELHI: The Delhi Development Authority (DDA) has reduced the prices of commercial shops at prime locations across the national capital. In an official statement issued on Wednesday, Delhi’s landowning agency DDA said, “The authority has reviewed the method of pricing of built-up shops and approved significant changes in the pricing policy which aim to […]
GREATER NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has rolled out two policies that can be availed by construction companies by August 31 in an attempt to revive stalled projects in the region. The decision to offer restoration and reschedulement policies was taken during the YEIDA board meeting held on June 28. Under the […]
Top retailers and restaurant chains such as Reliance Retail, Madura Fashion & Lifestyle, Domino’s, Plum by Bent Chair, Mamagoto, Farzi Cafe, Lee, Wrangler and Cafe Warehouse among others, are insisting on introducing clauses in all new leases that stipulate that they will not pay rent, or pay only in proportion to their actual business, in […]
Last month, the Haryana government allowed private corporate offices in Gurgaon to operate with 100% capacity. One would assume that this would mean the hundreds of offices in the Millennium City would be abuzz with workers again. However, many offices in Gurgaon are opting to prolong their work from home (WFH) models indefinitely (or at […]
NEW DELHI: WeWork India said that the 3M India, an Indian subsidiary of global technology giant 3M, has leased 17,000 sq ft area of flexible workspace at its Prestige Central building in Bengaluru, for a two-year period. “In recent times we have seen an increased demand from all businesses, especially leading enterprises such as 3M […]
NEW DELHI: The Delhi Development Authority (DDA) on Tuesday gave final approval for developing affordable rental housing complex (ARHC) scheme under its Master Plan of Delhi (MPD)-2021. The approval was granted in a board meeting chaired by Delhi Lt Governor Anil Baijal, who is also chairman of the DDA. The policy will now be sent […]
CHANDIGARH: The Haryana government has prepared a rehabilitation scheme for Khori slum dwellers of Faridabad under which they will get the EWS flats equipped with electricity, water and toilet facilities in nearby Dabua Colony and Bapu Nagar area, officials said Tuesday. Around 50,000 migrants settled in the Khori area of the Aravali forest in Faridabad […]
NEW DELHI: Hiranandani Group has invested nearly Rs 1,000 crore to develop 2.6 million sq ft commercial real estate space in Hiranandani Estate township spanned across 350 acres on Ghodbunder Road, Thane, the company said in a media release. While Quantum tower spread across 0.6 million sq ft is ready to be leased out, Centaurus […]
NEW DELHI: The Delhi Development Authority (DDA) on Tuesday gave final approval for developing affordable rental housing complex (ARHC) scheme under its Master Plan of Delhi (MPD)-2021. The approval was granted in a board meeting chaired by Delhi Lt Governor Anil Baijal, who is also chairman of the DDA. The policy will now be sent […]
Real estate developer M3M has acquired 73-acre land in Noida at Rs 900 crore in one of the largest all-cash deal in recent times, three persons aware of the development said. The land parcel, which is in sector 128 and on the expressway, belonged to Kadam developers, a subsidiary of NCR-based Shipra group, but was […]
