News

Noida launches low-income housing scheme, but at a premium price point

NOIDA: In what appears to be a bizarre move at a time the real estate sector is struggling to recover from a prolonged slump, Noida has launched a scheme comprising 354 existing units, with base price at Rs 6,000 per sq ft. This is while thousands of ready flats are available in Noida within Rs […]

Over 600 of 916 EWS flats already booked: DDA

NEW DELHI: The DDA has received a good response to its online scheme for disposal of 916 flats in the EWS category, with 627 of those already booked, officials said on Saturday. The tentative cost of a flat is Rs 10.89-12.29 lakh after concession, the DDA said. “The DDA had launched an online scheme for […]

Gurugram: Volunteers help RWAs meet property tax collection target

GURUGRAM: A month after the municipal corporation of Gurgaon (MCG) had announced an incentive of 5% of the total property tax collected in the area — with a cap at Rs 50 lakh for the ward committees and Rs 5 lakh for RWAs, two RWAs have already crossed 80% of the benchmark and five have […]

Noida Authority allots 92 industrial plots for Rs 450 crore

NOIDA: Noida Authority has allotted 92 of its plots — 37-acre land chunks — in different sectors of Phase II area to multiple industrial players. Officials said the allotments under the industrial plot scheme, which concluded on Thursday, would yield into immediate investments of Rs 450 crore for Noida and also generate 8,900 job opportunities […]

HDFC lends Rs 2,600 crore to DLF & Hines’ joint venture project in Gurugram

NEW DELHI: HDFC has extended construction loan worth Rs 2,600 crore to Hines and DLF’s joint venture which plans to develop a commercial project in Gurugram, the company said in a media release. In its investor’s presentation recently uploaded in the BSE, DLF had said that construction credit lines have been sanctioned while approvals are […]

UP-RERA gives Parsvnath Developers, others one-month to settle all disputes

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has given one month’s time to Suncity Hi-Tech Infrastructures, Parsvnath Developers, Krishna Estate Developers and Krishna InfraHomes, Concept Horizon Infra, Wave Megacity Centre and Unibera Developers to settle all the orders of possession and refund as early as possible. All the promoters were asked to […]

Gurugram: Seven farmhouses being constructed in Budhera razed

GURUGRAM: Seven farmhouses being developed on 12-acre land in Budhera area were demolished by the enforcement team of town and country planning department (DTCP) on Monday afternoon. According to the officials, the farmhouses were developed by Verma Farms near SGT University without DTCP’s permission. “The seven farmhouses were being built violating several norms mentioned in […]

Noida launches low-income housing scheme, but at a premium price point

NOIDA: In what appears to be a bizarre move at a time the real estate sector is struggling to recover from a prolonged slump, Noida has launched a scheme comprising 354 existing units, with base price at Rs 6,000 per sq ft. This is while thousands of ready flats are available in Noida within Rs […]

Gurugram: Volunteers help RWAs meet property tax collection target

GURUGRAM: A month after the municipal corporation of Gurgaon (MCG) had announced an incentive of 5% of the total property tax collected in the area — with a cap at Rs 50 lakh for the ward committees and Rs 5 lakh for RWAs, two RWAs have already crossed 80% of the benchmark and five have […]

DLF, Hines JV raises Rs 2600 crore from HDFC for Gurugram office project

NEW DELHI: The joint venture between Hines, the international real estate firm and DLF NSE 0.81 %, the largest publicly listed real estate developer in India, has secured a construction loan of Rs 2,600 crore from HDFC Ltd. Hines and DLF had formed a JV in March last year to develop an office project in […]

UP-RERA gives Parsvnath Developers, others one-month to settle all disputes

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has given one month’s time to Suncity Hi-Tech Infrastructures, Parsvnath Developers, Krishna Estate Developers and Krishna InfraHomes, Concept Horizon Infra, Wave Megacity Centre and Unibera Developers to settle all the orders of possession and refund as early as possible. All the promoters were asked to […]

Delhi Police arrests six persons for cheating buyers under DDA land pooling policy

NEW DELHI: Six persons were arrested by the Economic Offences Wing of the Delhi Police in three cases involving cheating of homebuyers under the garb of Land Pooling Policy of DDA, the police said on Wednesday. The arrested accused include five office bearers of societies and one a property dealer. The accused have been identified […]

© 2020 Prithvi Estates, All Rights Reserved.

Register Your Property