News

Gurugram: Link payment plan of Mahira Homes to construction, town planner says

GURUGRAM: The senior town planner (STP) has written to the director general of the department of town and country planning (DTCP) to revise the payment plan of an affordable project in Sector 104. STP Sanjeev Mann has recommended that payment be linked to construction progress instead of a timeline. Buyers of Mahira Homes have been […]

Registration process for 208 acre of land completed: CS

Haryana chief secretary, Sanjeev Kaushal on Thursday said that the registration process for 208 acre of land for AIIMS in Rewari has been completed and the state government has requested the Union health ministry to take the land’s possession. The chief secretary (CS) said that Pt. Neki Ram Sharma, Government Medical College, Bhiwani being constructed […]

Chintels residents have two options: Collect full repayment in four months or new flats in three years

After meeting with all stakeholders of the Chintels Paradiso condominium in Sector 109, the district administration on Wednesday chalked out a final plan for residents of towers deemed unsafe for living by a panel of IIT-Delhi. They can either opt for a full repayment of their flat cost, at the present day valuation, or opt […]

Gurugram civic body directs builders of eight colonies to pay Rs 76 crore as infra cost

GURUGRAM: MCG has directed the private developers of eight colonies, taken over by the civic body in June last year, to deposit the deficient infrastructure cost so that it can continue with the development work. According to the assessment done by the department of town and country planning (DTCP), the developers of these eight colonies […]

Gurugram: Chintels Paradiso gets four months to pay buyers, three years to rebuild flats

GURUGRAM: The developer of Chintels Paradiso on Wednesday agreed to the terms set by the district administration to either settle the claims of flat owners of three towers in the Sector 109 society within four months, or renovate/rebuild the buildings according to expert recommendation. The outcome was reached at a meeting of deputy commissioner Nishant […]

UP govt to industrial bodies: Don’t launch plot scheme before acquiring land

Uttar Pradesh government on Monday directed Noida, Greater Noida and the Yamuna Expressway authorities not to launch any plot scheme until the land in question is acquired as per the law. The move comes after the Allahabad high court questioned the Noida authority on how it could have launched a plot scheme and sold the […]

Noida to buy 500 acres to raise new industrial sectors

The Noida authority has decided to purchase directly from farmers at least 500 acres of land along the Noida-Greater Noida Expressway for developing new industrial sectors, officials in the know of the matter have said, adding that if the farmers will not give land willingly, then the authority will seek the help of Gautam Budh […]

Retail sector leasing grows 130% year-on-year to 1.5 million sq ft in Jan-Mar 2023: Report

NEW DELHI: Retail sector leasing grew by 130% year-on-year to 1.5 million sq ft in Jan-Mar 2023. Supply during this period increased by 474% year-on-year to 1.1 million sq ft, according to a recent report by CBRE South Asia, a real estate consulting firm. During the Jan-Mar 2023 period, Ahmedabad led the absorption with a […]

Co-working share in Indian office real estate at 27% in Q1 2023: Anarock

NEW DELHI: Demand for flexible office spaces has hit a new high after the pandemic, with major companies and businesses including start-ups now increasingly opting for co-working spaces. Out of a net absorption of approximately 8.2 million sq ft across the top seven cities in Q1 2023, coworking spaces had a 27% share, according to […]

Chintels group ready to buyback flats or redevelop three unsafe Paradiso towers

NEW DELHI: Realty firm Chintels group has offered to buyback about 180 flats from homebuyers of three towers of its project in Gurugram as they have been declared unsafe after a partial collapse last year. In February last year, a partial collapse of a residential tower in Chintels Paradiso project led to death of two […]

Government decides to extend Smart Cities mission deadline till June 2024

NEW DELHI: The Union Housing and Urban Affairs Ministry has decided to extend the deadline for the Smart Cities Mission till June 2024, following requests from some cities that sought more time to complete their ongoing projects, officials said on Monday. The existing deadline of the Mission was June 2023.An official said that it would […]

Chintels group ready to buyback flats or redevelop three unsafe Paradiso towers

NEW DELHI: Realty firm Chintels group has offered to buyback about 180 flats from homebuyers of three towers of its project in Gurugram as they have been declared unsafe after a partial collapse last year. In February last year, a partial collapse of a residential tower in Chintels Paradiso project led to death of two […]

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