News

Greater Noida authority may cancel allotment of group housing plots lying idle

NOIDA: The Greater Noida Authority has initiated a comprehensive survey led by a financial consultancy firm to assess the status of construction on plots allocated to real estate builders for group housing projects. GNIDA officials said plot allotments of the builders who have failed to commence construction or deposit dues will be cancelled. During a […]

DDA sports complex in Dwarka sector 17 may open in July

The Delhi Development Authority’s (DDA) sports complex in Sector 17, Dwarka, is nearing completion and may be opened for the public in July, officials aware of the matter said on Thursday.Officials said that the construction work is complete and DDA floated tenders on Tuesday to appoint coaches and trainers for the various sports facilities at […]

Greater Noida to cancel housing projects if they are incomplete

The Greater Noida authority on Thursday said that will cancel the allotment of housing projects, which have not been completed within the stipulated time frame. After cancellation, these projects will be re-allotted to new players and an escrow created to ensure that buyers get a refund.The decision to cancel allotments was taken as several developers […]

Vaishnavi Group lease out 4.12 lakh sq ft office space to Navi Technologies in Bengaluru

NEW DELHI: Realty firm Vaishnavi Group on Wednesday said it has provided on lease 4.12 lakh square feet office space to Navi Technologies in Bengaluru. The company has given on lease 4.12 lakh square feet of prime office space to insurance major Navi Technologies at its project Vaishnavi Tech Square. Spread across 4 acres, the […]

Ganga Realty acquires 8.35 acre land in Gurugram for housing project

Ganga realty has acquired 8.35 acre in sector 84 Gurgaon for Rs 132 crore to develop a luxury group housing project, a senior executive said. The company will invest another Rs 750-800 crore to develop the project. “We will develop 1.5 million sq ft on this project of which 10.5 lakh sq ft will be […]

MCG removes C&D waste from 20 spots in Gurugram, says will clean areas in month

A day after HT reported on the dumping of construction and demolition (C&D) waste in at least 20 areas across the city, the Municipal Corporation of Gurugram (MCG) formed teams to map the areas and removed the waste from several spots, said officials. MCG officials said they held a meeting with the private agency responsible […]

After local body polls, Gzb corporation starts sending property tax bills

The five zones of Vasundhara, Mohan Nagar, Ghaziabad city, Vijay Nagar and Kavi Nagar fall under the corporation. Of the estimated 661,000 households in these zones, the officials said that the tax bills have been generated for about 450,000 properties while the rest will be sent soon. “For the remaining properties, a GIS survey and […]

Chintels Paradiso flat owners seek four more months to vacate towers E & F

GURUGRAM: A day after deputy commissioner Nishant Yadav issued an order asking residents in towers E and F of Chintels Paradiso to vacate the premises within 15 days, the flat owners reached his office on Tuesday, seeking more time. While Yadav was not available in the office, flat owners met additional deputy commissioner Hitesh Meena. […]

Gurugram: STPs working fine? Teams will inspect new sector condos

GURUGRAM: A joint team of the district town planner (enforcement) and hydrologists will survey the residential societies in new sectors and Sohna and inspect whether the sewage treatment plants (STPs) are functional. This is after the department has been receiving complaints about illegal discharge of sewage in open areas in the new sectors. As per […]

Chintels homeowners ask for 120 days to vacate flats in Gurugram

Hitesh Meena, additional deputy commissioner, Gurugram, said a meeting of all stakeholders has been called on May 18 at the Vikas Sadan to resolve the issue After the district administration on Monday invoked Section 144 (CrPC) to get residents of towers E and F of Chintels Paradiso condominium in Sector 109 to vacate the premises […]

Noida authority soon to finalise structural audit rates

The Noida authority is set to finalise the rates at which the hired agencies can conduct safety audits of old or under-construction buildings. The Noida authority has selected expert agencies, including Delhi Technological University, IIT Kanpur, MNIT Allahabad, BITS Pilani, AMU Aligarh, MNIT Jaipur, and CBRI Roorkee, to issue safety certificates for housing tower structures, […]

Three entities offload Home First Finance’s shares for Rs 330 crore

NEW DELHI: Two promoter companies, True North Fund V LLP and Aether Mauritius Ltd, and Warburg Pincus-affiliate Orange Clove Investments BV on Monday offloaded shares of affordable housing finance firm Home First Finance for Rs 330 crore through open market transactions. According to the bulk deal data available with the NSE, True North Fund V […]

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