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 […]
GREATER NOIDA: A group of nearly 20 buyers in Panchsheel Pinnacle — a tower in Panchsheel Greens — have been issued penalty notices for a delay in payment of dues. The builders have asked the homebuyers to pay an 18% interest on their settlement amounts, which has now left them with additional bills to the […]
Leading realty firm Sobha Ltd will focus on selling housing units worth Rs 11,000 crore in ongoing projects over the next few years, and will be cautious in launching new projects amid the Covid-19 pandemic, a top company official said. In an interview with PTI, Sobha Ltd Vice Chairman and Managing Director J C Sharma […]
NEW DELHI: Co-working firm WeWork India on Thursday announced discounts up to 50 per cent for 3 months and free access to its members to over 800 centres globally, as part of its strategy to attract new clients amid the COVID-19 pandemic. The company globally has 828 centres in over 149 cities and 38 countries. […]
NEW DELHI: The National Green Tribunal has said Environment Impact Assessment (EIA) and carrying capacity studies must be carried out before construction above the Bhikaji Cama Place metro station here by DMRC. The green panel took note of a report filed by Principal Chief Conservator of Forest which said inspection at the metro station at […]
NEW DELHI: A Delhi court has pulled up a subsidiary of Japanese designer lifestyle brand Miniso for non-payment of rent for leased property here during the COVID-19 lockdown, saying the company had no dearth of money and directed it to clear all arrears within seven days. The court said in its interim order that there […]
NEW DELHI: The CBI on Monday conducted searches at four locations after filing a case of illegal conversion of residential land to raise the swanky Ambience Mall in Gurgaon, officials said. The CBI has registered an FIR on the orders of Punjab and Haryana High Court which had termed the mall illegal. The High Court […]
GURUGRAM: The Municipal Corporation of Gurugram (MCG), which had been struggling hard to collect revenues during the lockdown, has been able to mop up Rs 100 crore in the form of property tax in July alone. This might bring some relief to the cash-strapped civic body, but officials expressed doubt if it would be able […]
NEW DELHI: Noida, which touched a decadal high in office space leasing during the first half of 2020, is continued to be the preference of companies looking for office space in areas with low rental. Spaciya Advisors, a Noida-based real estate consultancy firm has concluded five deals of 1.5 lakh square feet of office spaces […]
NEW DELHI: Dwarka sub-city in South-West district has a history of water deficiency and has accordingly gone through numerous water-related agitations and civil litigations. Now hundreds of households have been served notices demanding environment compensation for illegal use of borewell water. Delhi Pollution Control Committee has sent show-cause notices to many group housing societies in […]
NEW DELHI: Property registrations in Delhi-NCR dipped by 68% in the months of May and June from the year-ago period as the Covid-19-induced lockdown brought activities to a halt. In April, a few properties were registered in Noida and Ghaziabad but none in Delhi, Gurgaon and Faridabad. More property sales were recorded in May, when […]
Allegations of registration of properties during the lockdown without obtaining the mandatory no-objection certificates (NOCs) points to lapses on the part of the town and country planning department as well as the urban local bodies department. It is alleged that over 25,000 sale deeds were registered without taking NOC from these departments following connivance between […]
