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Delhi: MCD extends last date for geotagging properties to February 29

NEW DELHI: residents can get their properties geotagged till February end to be eligible for a 10 per cent rebate on lumpsum advance tax payment in the next financial year after the municipal corporation on Tuesday extended the last date. The previous last date to geotag properties was January 31. Delhi Mayor Shelly Oberoi on […]

5,000 hectares to be acquired near Jewar airport for industrial, residential use

As the Uttar Pradesh government has released around 3,000 crore funds for land acquisition, the Yamuna Expressway Industrial Development Authority (Yeida) on Tuesday asked the Gautam Budh Nagar administration to acquire at least 5,000 hectares near the upcoming Noida airport in Jewar for the development of industrial and residential use. The state government has in […]

Haryana plans to build new ISBT near Dwarka expressway in Sec-36A

The Haryana transport department is planning to build a state-of-the-art interstate bus terminal near the Dwarka Expressway in Gurugram’s Sector 36A to replace the current one in Sector 12, officials aware of the matter said on Tuesday. The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has been directed by the state government to transfer […]

Greater Noida: Five companies bid to become consultant of FinTech City project

A FinTech hub is a dedicated area for financial services, which rely heavily on information technology (IT) and IT-related units. The key aspects which may form a part of a FinTech hub are IT, IT enabled Services (ITeS), commercial offices, banking, stock exchanges, brokers, and intermediaries A total of five companies have come forward to […]

Gurugram’s Sector 29 to be developed as central business district: HSVP

The Haryana Shahari Vikas Pradhikaran (HSVP) has planned to redevelop Sector 29 as the central business district (CBD) of Guruguram, officials familiar with the matter said on Monday. HSVP owns 100 acres of prime land in this sector that it believes can be monetised at a very high premium, officials said. The authority will develop […]

Delhi: LG gives nod to notify 147 acres of land in Rani Khera for industrial development

NEW DELHI: Lieutenant Governor VK Saxena has given his nod for notifying 147 acres of land in northwest Delhi’s Rani Khera locality for developing it as an industrial area, Raj Niwas officials said on Monday. The land was transferred to the Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) from the Delhi Development Authority (DDA) […]

Haryana RERA advises buyer to not invest in projects without RERA registration

The Gurgaon bench of Haryana Real Estate Regulatory Authority (HARERA), has advised the real estate buyers to not book properties in projects that are not registered with RERA. The authority said sale and purchase of properties in unregistered real estate projects is not allowed under the RERAAct of 2016.”If any person is facilitating sale purchase […]

New circle rates in Gurugram likely from next month

GURUGRAM: Circles rates in the city are expected to be revised by the end of this month and come into effect from February 1. The new rates were supposed to have been implemented from January 1, but there has been no announcement so far. For now, properties will be registered according to the existing rate. […]

NCRTC seeks land to set up concrete plant for RRTS line

The National Capital Region Transport Corporation (NCRTC) has sought 1.81 hectares (ha) from the Haryana Shahari Vikas Pradhikaran (HSVP) near the Municipal Corporation of Delhi (MCD) toll plaza on Sirhaul border adjacent to the Delhi Gurugram Expressway to set up a concrete batching and mixing plant to aid the Regional Rapid Transit System (RRTS) project, […]

Greater Noida may waive 1,800 crore penal interest on stalled housing projects

The Greater Noida authority is likely to waive off at least ₹1,800 crore penal interest imposed on the stalled housing projects, using the provisions of the newly announced policy to address the woes of the realty sector, the authority’s officials suggested on Saturday. As per the policy, the Greater Noida and the Noida authorities are […]

Seven penthouses, 138 super HIG flats booked on first day in DDA e-auction

NEW DELHI: A total 274 apartments, including seven penthouses and 138 super HIG flats, being offered by the DDA in e-auction mode as part of its new housing scheme, were booked on Friday, officials said. The registration for these flats began on November 30 and the e-auction began on Friday. “In today’s e-auction, a total […]

BPTP acquires land in Gurugram for Rs 87 crore

Realty developer BPTP purchased a land parcel spread across 228,000 in Gurgaon for Rs 87.27 crore. BPTP has substantial holdings in Gurugram and Faridabad (about 600 acres) and has been acquiring land parcels in the region for residential and commercial development. According to the documents accessed through CRE Matrix, a real estate data analytics firm, […]

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