News

Indiabulls Real Estate shares fall over 5% on weak quarterly result

NEW DELHI: Shares of Indiabulls Real Estate Ltd on Tuesday declined over 5 per cent in morning trade after the firm posted a consolidated net loss of Rs 76.01 crore for the quarter ended September. On BSE, the scrip fell 5.28 per cent to Rs 60. Similarly, on NSE, shares of Indiabulls Real Estate dived […]

Court tells West Delhi RWA to get its nine colony gates regularised by SDMC

NEW DELHI: Delhi High Court has asked the resident welfare association (RWA) of a west Delhi colony to approach the civic body to get nine of its gates regularised. Justice Najmi Waziri restrained South Delhi Municipal Corporation (SDMC) from taking any action to demolish gates of a colony in Rajouri Garden, after the local RWA […]

Gurugram: RWA charges extra, Suncity residents file police complaint

GURUGRAM: The residents of Suncity, a residential township located on Golf Course Road, have alleged that they are being harassed by the RWA of the colony. They have filed a police complaint demanding action after the Suncity RWA raised Value Added Services (VAS) invoice to the residents. “We completely oppose this move. It is unlawful […]

District officials raze 20 homes and 50 structures in Bhondsi

GURUGRAM: District officials demolished around 20 houses and 50 under construction structures in a major demolition drive in Bhondsi on Tuesday. During the six-hour long drive, the enforcement team had to face stiff resistance from the locals who tried to stop the drive forcibly. An agitated crowd of around 300 locals also tried to attack […]

Amazon leases 9 lakh sq ft warehousing space in Gurugram

NEW DELHI: Logistics real estate platform ESR has leased 9 lakh square feet of warehousing space to Amazon India at the e-tailer’s upcoming 74-acre facility in Sohna, Gurgaon, said two people with direct knowledge of the deal. In January, ESR had acquired 76.84 acres to build a logistics park with 2.5 million sq ft of […]

Gurugram: Two years after takeover order, builders yet to finish infra work

GURUGRAM: The developers of licenced colonies, whose takeover by the Municipal Corporation of Gurugram (MCG) was announced two years ago, have neither completed their pending infrastructure work nor paid the civic body to do it on their behalf. The department of town and country planning had in 2018 approved the takeover of Palam Vlhar, Sushant […]

Gurugram: DTCP seals two illegal buildings in DLF areas, Suncity

GURUGRAM: The enforcement wing of the department of town and country planning (DTCP) has demolished more than 15 shops and sealed two residential buildings and six shops running illegally in DLF-2, DLF-5 and Suncity. District town planner (enforcement) RS Batth said the enforcement team had visited the area last week after complaints of encroachment from […]

New Delhi civic body announces rebate in property tax bills

NEW DELHI: The New Delhi Municipal Council (NDMC) on Thursday announced a 10 per cent rebate in the Property Tax Bills paid before December 31 and a 5 per cent rebate for payment till January 31, 2021. “The civic body has already authenticated the assessment list for the year 2020-21 to determine the tax liability […]

With Gurugram civic area to grow, second corporation to be set up in Manesar by 2021

GURUGRAM: The municipal area of Gurugram will see a quantum jump by early 2021 with the establishment of a second civic corporation in Manesar, which CM Manohar Lal Khattar announced on Wednesday. Khattar also said the Haryana government would begin work to develop a new city in the Gurugram region – part of the Panchgram […]

Greater Noida: Five villages in Dadri will be covered in Svamitva scheme

GREATER NOIDA: The Gautam Budh Nagar administration has begun the identification process of villages to be covered under the Centre’s ambitious Svamitva Scheme. Survey of India has fixed the date and schedule for the district to carry out the identification exercise and a team from the body is expected to arrive at the NTPC’s Dadri […]

Over 2,100 ownership rights conferred to residents of unauthorised colonies: DDA

NEW DELHI: Over 3.5 lakh people have registered under the PM-Unauthorised Colony in Delhi Awas Adhikar Yojna (PM-UDAY) and 2,193 ownership rights have been conferred to the residents of unauthorised colonies in Delhi till now, the DDA said on Wednesday. The scheme was launched on October 29 last year to confer ownership rights to residents […]

Two crore construction workers got Rs 5,000 crore as relief: Labour Minister

NEW DELHI: Labour Minister Santosh Gangwar on Wednesday said Rs 5,000 crore has been deposited into bank accounts of two crore construction workers who were badly hit due to the coronavirus pandemic. He was speaking at a felicitation function organised here by the labour ministry on Wednesday to acknowledge the efforts put in by ‘Corona […]

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