News

About 1% hike in transfer duty on transfer of immovable properties in Delhi

NEW DELHI: The transfer duty on transfer of immovable properties in Delhi has been increased by one per cent, according to authorities. However, this enhancement is applicable for registration of instruments having amount worth over Rs 25 lakh, according to an official document issued by Delhi government’s department of urban development. The document refers to […]

Noida begins opening escrow accounts of realty projects for transparency

With a view to ensure transparency and to ascertain that funds collected from homebuyers are not misused by builders, the Noida authority has started opening escrow accounts of each delayed realty project. These escrow accounts will be operated jointly by the realtor and the authority staff, unlike earlier when only the realtor was allowed to […]

Drive against communicable diseases to be observed in Greater Noida’s Dadri from July 17 to 31

The Gautam Budh Nagar’s Dadri will observe the “Dastak Campaign”, a 14-day long drive starting from July 17 under the banner of a statewide special communicable disease control campaign launched by chief minister Yogi Adityanath on July 1, officials said on Wednesday, adding that campaign will be run by Dadri nagar palika. Officials aware of […]

MCD plans a fresh survey of Delhi’s dilapidated buildings

NEW DELHI: The MCD plans to resurvey buildings in vulnerable areas, officials said on Monday. “In view of the unprecedented rainfall in Delhi, all engineering staff have been asked to keep vigil on buildings/structures in their respective zones and carry surveys wherever required,” an official said. They stated that a survey was done prior to […]

Experion Developers buys three Delhi-NCR plots in Rs 1,100 crore deal

NEW DELHI: Experion Developers, the fully FDI-funded real estate developer backed by Singapore’s Experion Holdings, has acquired three land parcels in NCR for Rs 1,100 crore for residential and commercial development, its CEO Routhu Nagaraju told ET. Among the acquisitions, a 4-acre land plot situated on Golf Course Road in Gurgaon was acquired for Rs […]

HSVP to demolish 1,088 EWS homes in Sector 47, monetise prime land

Haryana Shahari Vikas Pradhikaran (HSVP) has decided to demolish 1,088 homes meant for the economically weaker sections (EWS) in Sector 47 and monetise the prime land on which these were constructed, which is adjacent to the district centre and a Metro station is also proposed to come up there, said officials in the know of […]

With new commercial hot spots, Noida registers boom in dine-out options

From quirky cafes to fine dining restaurants, the twin cities of Noida and Greater Noida have been witnessing a surge in number of eateries setting up shop to cater to the ever-expanding customer base in these cities. From just 332 restaurant licences issued by the Gautam Budh Nagar’s food safety administration (FSA) in 2019, the […]

Over 650 flats booked under Delhi development authority’s FCFS scheme

NEW DELHI: More than 650 flats have been booked under a housing scheme of the Delhi Development Authority (DDA) that was launched on June 30, officials said on Monday. The DDA late evening said 2- BHK flats at Dwarka have been completely sold out within few hours of opening of the booking on Monday, and […]

Gurugram: 22 more illegal colonies likely to be regularised, second list sent to be regularised, second list sent to government

GURUGRAM: The district administration on Monday has sent a proposal to the state government for regularisation of 22 illegal colonies. This is the second list, and the first list — comprising 11 colonies — was sent on June 27 this year. After the state’s approval, these colonies will be considered legal, following which the government […]

Gurugram: Flats delayed, Mahira Homes buyers hit the road

GURUGRAM: Fumed over delay in getting possession of their flats, homebuyers of Mahira Homes in Sector 68 on Saturday staged a protest against the developer and DTCP for failing to ensure the completion the project even after five years. Holding banners and raising slogans, the protesters, including senior citizens and children, urged the prime minister […]

Noida: E-auctions for industry plots put off, draw of lots are back

NOIDA: The three development authorities in Gautam Budh Nagar will no longer allot industrial plots through e-auction. Instead, they will revert to the earlier system of draw of lots, interviews and background checks. Officials said the development authorities had been instructed to restore the previous rule with immediate effect. The decision comes after repeated complaints […]

LG nod to transfer of 11,719sqm land to NCRTC for RRTS project

Delhi lieutenant governor VK Saxena on Sunday approved the transfer of land from the irrigation and flood control (I&FC) department to the National Capital Regional Transport Corporation (NCRTC) to implement the Delhi-Meerut Regional Rapid Transport System (RRTS) project. According to officials from the LG office, the transfer of land at Anand Vihar and Patparganj to […]

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