NOIDA: After waiting for three-and-a-half years, Pooja Jaiswal, a resident of Delhi, was looking forward to moving into her new flat in a Sector 50 apartment. She arranged for the funds and paid the flat owner. She attempted to get her flat registered on October 19 since she wanted to do the transaction during Navratri. […]
GURUGRAM: Pankaj Jha, an IT firm employee, had applied for a home loan for a flat in a group housing society in March, but lockdown forced the bank to shelve his application. After Unlock 1 was announced, Jha re-applied for the home loan in July. But by the time the bank approved and disbursed the […]
GURUGRAM: The Haryana Real Estate Regulatory Authority (H-Rera) on Thursday ordered a city-based developer to pay delay possession charges (DPC) of Rs 2 crore to homebuyers for failing to deliver flats in time. H-Rera chairman KK Khandelwal directed Spaze developers to pay the compensation to the homebuyers, while disposing of complaints by over 80 allottees […]
The Noida authority on Sunday started work on six projects estimated to cost Rs 10 crore. These include resurfacing roads and repairing drains and footpath in different sectors. Gautam Budh Nagar Member of Parliament Mahesh Sharma, Noida MLA Pankaj Singh and the Noida authority general manager Rajiv Tyagi inaugurated these projects. “Resurfacing of roads, repair […]
Realty firm Gaurs Group on Saturday reported a marginal 5 per cent fall in sales booking at Rs 401 crore during July-September, despite demand slowdown in the housing market due to the Covid-19 pandemic. The group reported sales booking of Rs 421 crore in the second quarter of 2019-20. “We are known for the timely […]
New Delhi: The Yamuna Expressway Industrial Development Authority (YEIDA) has invited proposals to appoint consultant to prepare a detailed project report for the upcoming Film City. The authority had earlier suggested three financial models for development of a 1,000-acre film city in Noida along the Yamuna expressway. “We have issued request for qualification and will […]
NEW DELHI: Realty major DLF’s rental arm has given on lease 7.7 lakh sq ft office space to Standard Chartered GBS in an upcoming commercial tower in Chennai to be constructed at a cost of around Rs 450 crore, a senior company official said on Wednesday. DLF Cyber City Developers Ltd (DCCDL), which is a […]
NEW DELHI: Office rentals in clusters of high-profile companies in Delhi-NCR have reduced by more than 5%, highest among top cities, following a move by companies to relocate to a cheaper location within the region, according to leading real estate consultants and brokers. The rentals dipped even as landlords across markets exhibited flexibility in providing […]
GURUGRAM: Deputy commissioner has directed the revenue department officials to upload land records of all villages in the district online by October 31. The directions were given in a meeting chaired by the DC recently. DC Amit Khatri instructed the revenue department officials to work at a faster pace to complete the work of making […]
NEW DELHI: State-run NBCC (India) is expected to raise Rs 478 crore by auctioning six assets of Amrapali group. The money will be used in completing the stuck projects of the real estate developer. The six assets that will be auctioned include floor area ratio with a reserved price of Rs 55 crore with capacity […]
GURUGRAM: Hundreds of homebuyers have been left in the lurch, with frequent glitches in software hitting property registrations in the city for the past seven days. The state government recently restarted registration of properties in plotted areas, after a ban of around one month. However, since the restart of registration, the process is getting disrupted […]
GURUGRAM: The Haryana Shahari Vikas Pradhikaran (HSVP) is going to auction around 21 acres of land of three real estate projects, which failed to take off, in order to recover pending external development charges (EDC) from the builders. This will be the first time in the state that the development authority will auction the land […]
