Officials said complainants who are satisfied by the resolution of the ticket raised against their grievances, can close the ticket at their level. Earlier, the option of closing the ticket rested with concerned officials In a bid to streamline the grievance redressal system set up by the Gurugram Metropolitan Development Authority (GMDA) in the Integrated […]
GURUGRAM: The department of town and country planning (DTCP) has withdrawn its order cancelling the project licence of an affordable housing project in Sector 106. DTCP, after cancelling the licence of MRG Skyline in November 2022, had last week written to police seeking an FIR against the developer for violation of norms. Officials from the […]
NEW DELHI: Embassy Property Developments (Embassy Group) has entered into a strategic sale of a certain portion of its shareholding in Embassy Office Parks REIT (Embassy REIT) to Bain Capital, the company said in a media release. With the paydown of this debt, it provides for a stronger balance sheet at Embassy Group with the […]
Gurugram: Officials of the department of town and country planning (DTCP) on Thursday asked all property owners to verify with the department if they receive notices regarding violation of allotment conditions. The department issued the warning after it was found that unidentified persons had issued a fake notice to a guest house owner in Sector […]
The Noida authority on Thursday said no further time will be given to builder Supertech Limited to clear the debris of the twin towers that were demolished in a controlled implosion last August, pursuant to a Supreme Court order. The authority said the debris must be removed by April 15, failing which the Supreme Court […]
NEW DELHI: Realty firm Migsun Group on Wednesday said it has acquired 9 acre land parcels at Rohini in the national capital for Rs 265 crore to develop a high-street retail project. “We have purchased land located at Sector 22 in Rohini from Yogi Raj Promoters Pvt Ltd,” Migsun Group MD Yash Miglani told reporters […]
NEW DELHI: Sunteck Realty (SRL) has leased out approximately two lakh sq ft of built-up area in Sunteck BKC51, Mumbai to Upgrad Education for a lease term of 29 years, the company said in a BSE filing. Upgrad will be paying starting rentals of close to Rs 300 per sq ft. per month on carpet […]
To clean up polluted river Hindon, the Ghaziabad municipal corporation has prepared a 1,904 crore plan which involves tapping nine drains that empty into the river and also for augmenting the capacity of the existing sewage treatment plants (STPs). In Ghaziabad, the river spans a distance of 55km covers an area of 60.766 hectares. The […]
The Noida authority sealed a 14-storey under-construction tower of a housing project inside Cloud 9 Pvt Ltd’s Specia housing society in sector 100 on Tuesday, due to non-payment of 81crore in financial dues, officials said on Wednesday. “We have sealed the tower because the realtor has not cleared financial dues despite repeated notices. The action […]
NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has cancelled the allotment of two plots awarded to realty firm, Supertech, in its Up Country township in Sector 17A of Greater Noida over non-payment of Rs 86 crore dues in lease rent and additional compensation to farmers. The Authority acted on the complaints of homebuyers who […]
NEW DELHI: Reliance Industries has entered in the commercial real estate business. “The company has incorporated a wholly owned subsidiary named Reliance SOU (RSOUL) to carry on, inter alia, the business of development of properties for commercial use,” it said in a BSE filing. It has invested Rs 1,00,000 in the equity shares of RSOUL. […]
The Supreme Court on Tuesday declined to recall its November 2022 order whereby it had lifted a cap on interest payable by builders to Noida and Greater Noida authority at 8% per annum on outstanding payments, and permitted the Uttar Pradesh government to decide appropriately. The court had at that time clarified that that the […]
