NOIDA: The second wave of the pandemic seems to have dealt a severe blow to the already ailing real estate sector. In Noida, Greater Noida and Ghaziabad, for instance, over a 100 realty projects are currently functioning sans sanctioned maps and registrations, according to the Uttar Pradesh Real Estate Regulatory Authority (UP-Rera). Affected are lakhs […]
NEW DELHI: The National Green Tribunal has formed a committee that would inspect the status of rain water harvesting systems installed in residential societies of Dwarka here and submit its report within two months. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel constituted a joint committee comprising officials of Delhi Jal Board, Central […]
NEW DELHI: Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) recently held review meetings of 76 projects from NCR region with respective promoters. These meetings were held with a view to facilitate the completion of such projects and ensure the compliance of the orders of UP-RERA with respect to the allottees of these projects. The projects […]
CHANDIGARH: The Chandigarh Housing Board (CHB) has said the board will recover cost of demolition of illegal structures from the allottee. The clarification was given after the board demolished five fresh unauthorised constructions (stairs and balconies and extra floors and rooms) at Mauli Jagran on Friday. Yashpal Garg, chief executive officer (CEO), CHB, said in […]
NEW DELHI: A Delhi court has dismissed the bail plea of Amrapali Group’s managing director Anil Kumar Sharma in a multi-crore scam involving alleged cheating of investors and home buyers. Additional sessions judge Reetesh Singh noted that Sharma allegedly induced the complainant to enter into an agreement to purchase 26 flats in a project that […]
NOIDA: Amid scorching heat, scores of homebuyers on Friday afternoon held a demonstration here outside realtor Mahagun Group’s office over the delay in possession of flats and bank EMI-related issues. The buyers gathered at the realtor’s head office in Noida Sector 63 with a demand to meet group director Amit Jain over the delay in […]
NEW DELHI: Realty firm Godrej Properties Ltd (GPL) plans to invest more than USD 1 billion over the next couple of years to acquire and develop new projects as part of its target to achieve higher growth, its Executive Chairman Pirojsha Godrej has said. Addressing shareholders in the company’s annual report, he highlighted that, for […]
GHAZIABAD: The Ghaziabad Development Authority (GDA) has identified over 320 illegal colonies in the district and it plans to make the list public so that buyers exercise caution while investing in such colonies. The list will soon be uploaded on GDA’s portal. In fact, GDA has long tried to rein in illegal colonies and a […]
NOIDA: After an upcoming golf course in Sector-151, Noida authority will now launch a residential plot scheme of over 200 plots in the newly developed sector across Noida expressway by July end-early August. While the plots range from 250 to 450 sqms, officials have been given a deadline of July 31 to launch the scheme. […]
Billionaire investor Radhakishan Damani’s company Avenue Supermarts has bought retail space worth around Rs 100 crore from property developer Sunteck Realty at its upcoming project Sunteck City in Goregaon suburb of Mumbai, said persons with direct knowledge of the development. Avenue Supermarts that owns retail chain Dmart has bought a total of nearly 40,000 sq […]
NEW DELHI: The Supreme Court on Friday closed a contempt case against a real estate firm Supertech Ltd after the company informed that it has refunded the amount to some of the homebuyers, who had booked flats in its Emerald court project at Noida in Uttar Pradesh, whose demolition was ordered by the Allahabad high […]
NEW DELHI: Total 428 buildings have been identified as dangerous in the annual building survey carried out by the three municipal corporations of Delhi this year. Surprisingly, East Delhi Municipal Corporation, which surveyed about 3.9 lakh buildings, did not find even a single dangerous structure. A senior east corporation official said that the survey exercise […]
