News

Transport body explores Metro link between Gurugram and Faridabad

Haryana chief secretary Sanjeev Kaushal on Friday said Haryana Mass Rapid Transport Corporation Limited (HMRTC) is currently considering a Metro link between Faridabad and Gurugram via a “double decker viaduct” in arrangement with the National Highways Authority of India (NHAI). A double decker viaduct is a three-tier transportation solution entailing a highway flyover at the […]

Delhi civic body starts drive over property tax dues

NEW DELHI: Initiating a drive against major property tax defaulters who haven’t paid despite repeated notices, Municipal Corporation of Delhi (MCD) sealed two properties in Raja Garden on Tuesday. “The property tax department of the west zone sealed two complexes at Shivaji Place and District Centre for defaulting on property tax amounting to approximately Rs […]

Builder of affordable houses has to pay for upkeep of roads, parks: DTCP

GURUGRAM: The department of town and country planning has issued a public notice on maintenance charges in affordable housing societies, and sought suggestions and objections on the same. This comes after homebuyers of affordable housing projects complained that developers are collecting upkeep fees ranging between Rs 2.50 and Rs 4 per sq ft from them […]

New Ganga water plant opens in March, will benefit 700,000 people in Noida, Gzb

A new Ganga water treatment plant with 50cusec capacity is set to begin operations at Pratap Vihar in March, bringing water to 600,000-700,000 residents of Ghaziabad and Noida. The plant, which has been built at a cost of 304 crore, was set to begin operations at the end of 2021 but got delayed due to […]

Work on 3 new Metro links in Gurugram from this year: Khattar

The construction of Metro rail’s Yellow Line from Huda City Centre to Old Gurugram may begin in the 2023-24 fiscal after approval from the Union cabinet, chief minister Manohar Lal Khattar said in his Budget speech in the state assembly in Chandigarh on Thursday. Khattar added that work on three more Metro links in Gurugram […]

Should You Invest in Pre leased Property in Gurgaon?

Gurgaon, also known as Gurugram, is one of the fastest-growing cities in India, located in the state of Haryana. It has been one of the most sought-after destinations for real estate investment in recent years. One of the popular investment options in Gurgaon is pre-leased property. Pre-leased property refers to a property that is already […]

Make digital connectivity infra mandatory in building plans: Trai to Government

NEW DELHI: The Telecom Regulatory Authority of India (Trai) on Monday recommended that the government make digital connectivity infrastructure mandatory under building development plans. The telecom sector regulator suggested creating provisions under the real estate law RERA for mandating digital connectivity infrastructure inside the buildings, its maintenance and timely upgradation. “DCI (Digital Connectivity Infrastructure) should […]

Unitech projects get SC push as Noida authority told not to insist on dues

NOIDA: Around 6,000 homebuyers in various projects of the Unitech group waiting for their flats and villas are pinning hope on the Supreme Court’s latest order directing the Noida Authority to approve revised layouts of 10 projects of the beleaguered real estate company in the city without insisting on upfront payment of nearly Rs 10,000 […]

Man duped of 23 lakh by two suspects posing as G Noida authority officials

Noida: A resident of Sector 49 was allegedly duped of 23 lakh by two suspects who posed as officials of the Greater Noida authority, Gautam Budh Nagar police said on Tuesday. Man duped of 23 lakh by two suspects posing as G Noida authority officialsPolice said the suspects duped the victim on the pretext of […]

Rates hiked: Land gets costlier in Yeida areas

The Yamuna Expressway Industrial Development Authority (Yeida) on Monday hiked the land allotment rates by 33% to 40% for different categories of plots as demand for land soars in the region owing to the upcoming Noida international greenfield airport in Jewar as well as number of other infrastructure projects, officials in the know of matter […]

M3M secures Rs 1,500 crore from PAG Credit & Markets

Realty developer M3M has secured a Rs 1,500-crore (about $200 million) debt facility from alternative investment firm PAG Credit & Markets to fund its portfolio growth, two people aware of the development said. “As per the deal, the money will come in four tranches of Rs 600 crore, Rs 300 crore, Rs 250 crore and […]

Delhi civic body starts drive over property tax dues

NEW DELHI: Initiating a drive against major property tax defaulters who haven’t paid despite repeated notices, Municipal Corporation of Delhi (MCD) sealed two properties in Raja Garden on Tuesday. “The property tax department of the west zone sealed two complexes at Shivaji Place and District Centre for defaulting on property tax amounting to approximately Rs […]

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