News

DTCP penalises five buildings in Gurugam for flouting NGT regulations

GURUGRAM: The department of town and country planning has served notices to five buildings in DLF 1 and Suncity township for flouting norms set by the National Green Tribunal (NGT). It has also imposed penalties of Rs 20,000 on each violator. Officials said that there has been a spike in the number of complaints against […]

Greater Noida development body launches scheme for commercial plots

GREATER NOIDA: The Greater Noida Industrial Development Authority (GNIDA) on Thursday launched 14 commercial plot schemes and 11 fuel petrol/diesel/CNG/electric vehicle charging) station plots including space for retail outlets and ATMs. A commercial plot scheme has been launched for interested builders, developers and investors which will be allotted by E-auction. This scheme will be floated […]

Gurugram: Six years on, no flats yet, Supertech Basera buyers protest

GURUGRAM: Homebuyers of Supertech Basera, an affordable housing project in Sector 79, protested at the project site on Sunday against the developer as their flats, booked six years ago, haven’t been delivered yet. According to buyers, only two of the project’s 15 towers are near completion, while the rest aren’t even 60% complete. Buyers said […]

Income hit, Gurugram residents seek upkeep fee cut

GURUGRAM: Residents of some housing societies in Gurugram are demanding the reduction of maintenance charges citing financial instability and loss of jobs due to the pandemic. They have also alleged that maintenance agencies have reduced their manpower, affecting the quality of their work, and so the upkeep fees should be brought down. Yashesh Yadav, a […]

South Delhi civic body to allot land to DMRC for phase-IV at no profit no loss

NEW DELHI: South Delhi Municipal Corporation plans to allocate 13,347 sq metres of land in Chhatarpur and Khanpur to Delhi Metro Rail Corporation for construction of Mass Rapid Transit System Phase-IV project from IGI terminal to Saket. The land has been granted at no-profit, no-loss rate of Rs 14,165 per sq metre. The sites were […]

DTCP invites fresh bids for affordable housing projects on 3,000 acres in Gurugram

GURUGRAM: The department of town and country planning (DTCP) has invited fresh applications from builders to develop affordable housing projects on about 3,000 acres. Although the Haryana Affordable Housing Policy was introduced by the state government in 2013, economical houses have been built on only 450 of the 3,500 acres earmarked for the projects. Seven […]

Gurugram: Land sharks eat into waterbody, buildings come up in 80% area

GURUGRAM: A substantial portion of a two-acre waterbody in Gurgaon has been converted into residential land as revealed in Google Earth images from the past few years. More than 80% of the pond located at Fazilpur in Jharsa village has been encroached upon by two buildings. However, the revenue records still point towards the presence […]

South Delhi civic body plans doorstep collection of property tax

NEW DELHI: To help citizens file their property tax in a time-bound manner, South Delhi Municipal Corporation (SDMC) has planned to engage mobile sahayaks in each zone. These sahayaks will visit residences of taxpayers and help them fill the form and pay the tax online. The move is aimed at increasing the tax collection as […]

DTCP penalises five buildings in Gurugam for flouting NGT regulations

GURUGRAM: The department of town and country planning has served notices to five buildings in DLF 1 and Suncity township for flouting norms set by the National Green Tribunal (NGT). It has also imposed penalties of Rs 20,000 on each violator. Officials said that there has been a spike in the number of complaints against […]

Mahindra Lifespace posts Rs 13.48 crore net loss in Q2 FY21

NEW DELHI: Realty firm Mahindra Lifespace Developers Ltd on Friday reported a consolidated net loss of Rs 13.48 crore for the second quarter ended September 30, on lower income. It had posted a net profit of Rs 15.04 crore in the year-ago period. The total income fell to Rs 37.42 crore in the September quarter […]

DLF’s net profit dips 48% at Rs 232.14 crore in Q2 FY21

NEW DELHI: Realty major DLF on Friday reported a 48 per cent decline in its consolidated net profit at Rs 232.14 crore for the quarter ended September. Its net profit stood at Rs 445.83 crore in the year-ago period. Total income fell to Rs 1,723.09 crore in the second quarter of this fiscal from Rs […]

DTCP to recover demolition cost from builders of illegal colonies in Haryana

GURUGRAM: The department of town and country planning (DTCP) will now recover the cost of demolition of illegal colonies from its developers and property dealers. The department is going to issue recovery notices against the developers of illegal colonies against which DTCP had carried out demolition drives in past few years. The cost will include […]

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