News

No takeover yet, but residents get Gurugram civic body bills

GURUGRAM: MCG is yet to take over the upkeep of the privately developed colonies of Sushant Lok 2 and 3, but some enthusiastic civic officials have already issued water and sewerage bills to the residents without offering them the services. Already reeling under financial stress due to the Covid-19 pandemic, these residents are now spending […]

East Delhi civic body extends deadline for 15% rebate on property tax

NEW DELHI: East Delhi Municipal Corporation (EDMC) has extended the deadline for exemption in interest and penalty for renewal of licences and 15% rebate in property tax. The new deadline will be August 31. EDMC spokesperson said that outgoing mayor Nirmal Jain and chairman of standing committee Satyapal Singh gave advance approval to two important […]

We want our forest land to be cleared: SC on Aravali encroachment

NEW DELHI: “We want our forest land to be cleared”, the Supreme Court said on Thursday while refusing to stay its direction asking Haryana and the Faridabad municipal corporation to remove encroachments, consisting around 10,000 residential constructions, in Aravali forest area near Khori village. A bench of Justices A M Khanwilkar and Dinesh Maheshwari asked […]

Inspire Co-Spaces leases 20,000 sq ft in Ahmedabad to open co-working centre

Flexible office space provider Inspire Co-Spaces has entered into an agreement to lease 20,000 sq ft space in commercial real estate project Westgate on Ahmedabad’s SG highway to start a coworking centre. The proposed hub will be a 300-seater co-working hub in addition to Inspire Co-Spaces’ existing four centers in Mumbai with over 5,000 seats. […]

East Delhi civic body extends deadline for 15% rebate on property tax

NEW DELHI: East Delhi Municipal Corporation (EDMC) has extended the deadline for exemption in interest and penalty for renewal of licences and 15% rebate in property tax. The new deadline will be August 31. EDMC spokesperson said that outgoing mayor Nirmal Jain and chairman of standing committee Satyapal Singh gave advance approval to two important […]

Noida: Over 20,000 Jaypee buyers begin voting on NBCC, Suraksha bids

NOIDA: Homebuyers of Jaypee Wish Town have started voting to choose either Mumbai-based Suraksha or public sector company NBCC as the bidder of choice for the completion of nearly 20,000 flats. “A secure link has been sent to the buyers on June 12 evening. The buyers have the option of saying ‘Yes’ to one candidate. […]

PNB Housing says pricing for Rs 4,000 crore-deal in line with applicable law

NEW DELHI: Amid concerns raised in certain quarters about its proposed Rs 4,000 crore-deal with Carlyle group, PNB Housing Finance on Wednesday said the process followed in determining the issue price for its securities was in line with the “market practice” followed by listed companies and in compliance with the applicable law. Responding to clarifications […]

Greater Noida development body to select architects for its own projects

GREATER NOIDA: The Greater Noida Industrial Development Authority (GNIDA) will shortlist a bunch of architecture firms for urban planning and designing. The authority will take the help of experts for site evaluation, designing of buildings and infrastructure projects, structural audit and for putting up signage, lights at crossings, and intersections, as well as for landscaping […]

Gurugram civic body to take action against illegal commercial units

GURUGRAM: The MCG commissioner has directed the joint commissioners to send notices to owners of commercial properties operating without a trade licence in the city. According to property tax records, there are 66,000 commercial units in the city. But a majority of them don’t have a trade licence, officials said. “The commercial units in the […]

Gurugram development body readies final draft for liveability index

GURUGRAM: After several delays, the Gurugram Metropolitan Development Authority (GMDA) has published the final draft of the liveability index with 11 indicators and 42 parameters that will be used as the basis for ascertaining the current standard of living in the city and defining the benchmark figures. The 11 key performance indicators (KPI) against which […]

Noida: NBCC offers 49 Amrapali flats, 20 sold

NOIDA: State-backed construction company NBCC on Monday sold 20 of 49 flats from different projects of Amrapali through its website. Buyers had to fill a form and there were provisions for housing loans too. NBCC has a total inventory of around 5,000 flats in Amrapali projects. While 10 of the 11 flats that were put […]

Projects in Delhi still struggling to get all their construction workers back

NEW DELHI: Over a week after construction activity got the go-ahead, PWD officials said that while the number of workers had started to increase, they were still short of hands to complete projects in time. Private construction firms were also struggling to get all their labourers back to the capital. Shyam Prasad, a construction worker, […]

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