NEW DELHI: Property registrations in Delhi have crossed the pre-Covid-19 levels in September with the government collecting Rs 284.59 crore in September 2020 compared to Rs 277.41 crore in September 2019, as per the government records. The other two NCR markets, Noida and Gurugram, are also showing signs of recovery. In Noida, the property registrations […]
NEW DELHI: The Delhi metro rail corporation (DMRC) will monetise about 2 lakh sq ft at Karkarduma and Anand Vihar metro stations in a bid to increase revenue, which has been hit badly due to Covid 19. DMRC has invited tenders for leasing of approximately 9563 sqm area at Karkarduma metro station of Pink line […]
GURUGRAM: Around 1,000 guesthouses in the city that are either built on internal roads or on plots measuring less than 500 square yards are likely to be sealed this month. These facilities do not comply with the recently amended guesthouse policy. The department of town and country planning (DTCP) has started preparing a list of […]
Noida: Property sales in Gautam Budh Nagar have started gaining momentum as the district stamps and registration department generated a revenue of ₹130 crore last month. However, the department is far behind its revenue target for the current financial year, officials said. While the department had not registered any property in April due to the […]
MUMBAI | NEW DELHI: In the largest Lease Rental Discounting (LRD) transaction this year, realty developer DLF’s rental arm DLF Cyber City Developers Ltd (DCCDL) has raised Rs 2,400 crore from the country’s largest public sector bank, State Bank of India. In the backdrop of general concerns over liquidity for real estate and rental assets, […]
The department of town and country planning (DTCP) on Friday asked developers of affordable housing projects in Gurugram to demand money from buyers only on the basis of the status of projects. Some of them were also asked to submit construction linked payment plan. The directions were issued during a review meeting of such projects […]
With the festival season fast approaching, real estate developers in Gurugram are hoping that the last quarter of 2020 would be more fruitful than the rest of the year. The Covid-19-induced national lockdown, which began in March, hit the sector hard with almost no sales. From July to September, with the country relaxing restrictions in […]
NEW DELHI: The Supreme Court-mandated Environment Pollution (Prevention and Control) Authority on Thursday told Haryana it will be “very difficult” to grant further extension for providing electricity connections to residential complexes and condominiums that fully or partly depend on diesel generators (DGs). EPCA issued the clarification after the Haryana administration wrote to it, saying around […]
NOIDA: In a recently conducted review, Noida Authority found that land sharks had encroached more than 3 lakh sqm area illegally over the years. Carrying out special drives, the authority managed to free up the land worth more than Rs 1,981 crore over the past six months. The problem was acute in two villages where […]
NOIDA | GHAZIABAD: There is huge resentment among residents of highrises of Noida and Ghaziabad over the ban on diesel generators, which RWAs have termed “impractical” and “strange” in the absence of uninterrupted power supply. RWA representatives said in group housing societies, emergency services and supplies to flats are jointly run and there is no […]
NEW DELHI: Deputy Chief Minister Manish Sisodia on Thursday took charge of the Labour department of Delhi government and set an ambitious target of registration of 10 lakh construction workers with the Labour Welfare Board in the coming months. He asserted that every single construction worker in Delhi will be registered with the Board and […]
NEW DELHI: YES bank has put a prime bungalow in Lutyens’ Delhi on sale with a reserved price of Rs 430 crore following a default by the Essel Group promoted RPW projects private limited, three people familiar with the matter said. Spread over 2.8 acre, the sprawling bungalow at 4, Bhagwan Das road was purchased […]
