NEW DELHI: Realty firm DLF plans to raise up to Rs 395 crore through issue of debentures. In a regulatory filing, the company informed that the proposal will be discussed on March 3 at a meeting of the finance committee of the board of directors. DLF did not disclose where the proceeds from the bond […]
GURUGRAM: With increase in construction activities and roads not being cleaned, residents of Sector 108 and 109 along the Dwarka-expressway said that the area has turned into a dust bowl. Residents blamed the lack of enforcement of environmental norms while carrying out construction activities behind the increase in dust pollution. They added that this is […]
NEW DELHI: Net leasing of commercial office space across the country will grow 12-18% to 25-30 million sq ft on-year next fiscal, riding on a low base of the current fiscal, gradual return of tenants to offices, and improvement in the macroeconomic situation, a CRISIL analysis has showed. Despite this, net leasing next fiscal will […]
NEW DELHI: Max Ventures & Industries Ltd, which is into real estate and packaging film businesses, on Thursday said its subsidiary, Max Asset Services, has forayed into the ‘Managed Office Spaces’ business. “Max Asset Services… today announced its entry into the ‘Managed Office Spaces’ business with the launch of ‘WorkWell Suites’ at the newly developed […]
Ritesh Dua of Relaxo footwear has bought a sprawling 1250 square yard bungalow in South Delhi’s Vasant Vihar for around Rs 70 crore, three persons aware of the deal said. There have been at least half a dozen high value transactions in South Delhi’s posh areas like Vasant Vihar, Western colony and Shanti Niketan, post […]
GHAZIABAD: More than 140 hectares of land worth over Rs 1,000 crore and belonging to Ghaziabad Development Authority (GDA) is “missing”, TOI has learnt. After assuming charge, officials said, GDA vice-chairperson Krishna Karunesh had asked the acquisition department to come up with the authority’s land record and upon scrutiny it was found that the land […]
NOIDA: The Noida Authority will extend its urban area by building six new sectors off the Noida-Greater Noida Expressway and has expedited work on acquiring land from villagers. It has constituted a taskforce to take over 362 acres for the proposed expansion. Officials said though land needed to be acquired from six villages in total, […]
GREATER NOIDA: YEIDA is expected to launch a scheme on Tuesday to cater to the demands of entrepreneurs and industrialists. Besides, a residential plot scheme is also on the cards and could be floated within the next few days. Officials said that layout and number of plots that will be offered have been finalised. “We […]
NEW DELHI: Inquiries for independent floors and bungalows in posh areas of South Delhi have increased substantially after the 20 per cent reduction in circle rate by the Delhi government, according to brokerage firms of luxury properties. Sotheby’s International Realty says that the move will accelerate sales in several high-end areas where transactions were on […]
GURUGRAM: The department of town and country planning (DTCP) on Tuesday surveyed various residential townships in Sector 67 on Golf Course Extension Road. This came after several complaints were raised regarding the violations of building norms and the NGT guidelines. During the survey, the enforcement team of DTCP spotted various violations in the builder floors […]
GURUGRAM: The enforcement team of town and country planning department (DTCP) razed more than 200 hutments and sealed around 20 commercials buildings in Saraswati Kunj, adjoining Golf Course Road on Tuesday. In presence of around 100 policemen, the enforcement team led by district town planner RS Batth demolished illegal structures — automobile repairing workshops, restaurants, […]
GURUGRAM: Affordable housing projects have come under the scanner of the department of town and country planning (DTCP) in the wake of complaints that many developers have been demanding a premium from potential homebuyers in the name of assured allotment. In Gurugram, there are currently around 91 affordable housing projects at different stages of construction. […]
