NOIDA: All builders will have to install anti-smog guns at large construction sites by October, failing which penal action may be taken, authorities said on Friday. An anti-smog gun is an automatic water-sprinkling device which helps reduce dust pollution. Uttar Pradesh Pollution Control Board (UPPCB) officials said the order is part of the preventive measures […]
NEW DELHI: Realty major DLF has leased 360,000 sq ft at the upcoming Noida IT Park to Singapore-based ST Telemedia Global Data Centres (STT GDC), according to three people aware of the matter, in the largest commercial transaction post lockdown in NCR. The company has committed to double the space at the same facility. “Given […]
NEW DELHI: Indiabulls Housing Finance on Thursday said it has sold a part of its stake in the UK-based OakNorth Holding Ltd, the parent company of OakNorth Bank Ltd, to HighSage Ventures LLC for Rs 440 crore. The sale proceeds will be accretive to the regulatory net worth and the CRAR (capital to risk weighted […]
New Delhi: Gurgaon’s leading real estate developers with large land banks are focusing on launching gated colonies of residential plots instead of high-rises in a bid to cater to the shift in consumer preference in the wake of the coronavirus pandemic. DLF, Raheja, Alpha Corp and Signature Global are among the builders who have turned […]
GURUGRAM: The department of town and country planning has decided to mark areas where illegal colonies had come up in the past in the new district map. It is also designing a software to prepare a database of areas where the administration has conducted demolition drives. The move, officials said, would help keep a check […]
NEW DELHI: A 56-year-old man wanted for his alleged involvement in a conspiracy to facilitate the sale and encroachment of government land nine years ago has been arrested by the Economic Offences Wing of the Delhi Police, officials said on Thursday. The accused, Diler Singh, is a resident of Chhattarpur village, they said. A case […]
GURUGRAM: A week after Haryana revenue department resumed land registries, the district revenue department is all set to train its staff for the process of e-appointment. The registries were resumed on September 1 after a gap of 40 days following several complaints on illegal registries in the state. The training programme will be held on […]
CHANDIGARH: Haryana government will prepare an informative video to explain the process of registration of deed online. The video will be uploaded on YouTube. Deputy commissioners and district revenue officers will be trained in conducting registries and they will train property dealers so that those eligible do not face difficulties. Officials concerned were informed about […]
NEW DELHI: Bengaluru-based realty firm RMZ has agreed to sell its completed commercial assets portfolio and co-working business to global investment firm Brookfield for an enterprise value of around Rs 14,000 crore as part of its strategy to become debt free, sources said. The two companies have already approached fair trade regulator CCI for approval […]
NEW DELHI: Indiabulls Housing Finance launched its QIP (qualified institutional placement) on Wednesday and set the floor price at Rs 206.70 per equity share for the issue. The Securities Issuance Committee of the company’s board at a meeting held on September 9, 2020 approved the floor price, it said in a regulatory filing. “The company […]
CHANDIGARH: In Haryana, it would be necessary for the NRIs to mention their passport numbers at the time of executing the registration deeds regarding their properties in the state. A clarification in this regard was made to the deputy commissioners (DCs) by the deputy CM Haryana, Dushyant Chautala on Wednesday while interacting with all the […]
Delhi-NCR provides more than 50 mn sq ft REIT-worthy assets for around USD 6.5 bn value, according to a report by property consultant JLL. Report said that Indian HNI follow similar investment trends in real estate as their global counterparts. However, the allocation towards equity has been higher than the global trend. JLL’s ‘Private Wealth […]
