News

Qualcomm to lease seven lakh sq ft of office space in Chennai

American multinational corporation Qualcomm is leasing 700,000 sq ft in Chennai to expand and consolidate its operation in the city. This is the semiconductor and software maker’s second largest office deal in three months. The company will be paying more than Rs 80 per sq ft as rent for the long-term lease, including escalations every […]

Hindalco leases 50,000 sq ft office space in Blackstone’s Mumbai tower

Aditya Birla Group company Hindalco Industries has picked up an entire floor spread over 50,000 sq ft office space in Blackstone Group entity Nucleus Office Parks’ commercial complex One International Center in Mumbai’s business district Lower Parel on a long-term lease of five years, said persons with direct knowledge of the development. The company will […]

In aftermath of Chintels Paradiso collapse, structural audits in other condos in Gurugram

Officials of the department of town and country planning (DTCP) on Thursday said they had issued directions to four private firms that carried out a structural audit in 16 condominiums to hold public hearings and discuss the residents’ objections to their observations by February 16. The Haryana government recommended the structural audit of 60 condominiums […]

After dust and debris, Chintels Paradiso residents fight uncertainty

For the past year, residents of Chintels Paradiso society in Sector 109 have been haunted by the memory of the dust, debris and chaos that ensued when six floors of Tower D partially collapsed on February 10, killing two of their neighbours. The incident rendered 36 families homeless as they were forced to evacuate Tower […]

Arkade Group buys Rs 103-crore plot from Bajaj group firm in Mumbai

MUMBAI: City-based redevelopment focused builder Arkade Group has acquired a plot from Bajaj group company Hercules Hoists for a little over Rs 103 crore. Arkade will build a residential project on the 8,300-square metre plot located in the eastern suburb of Mulund (West) which has the potential to develop 0.5 million square feet area comprising […]

Survey on illegal colonies in Sohna begins, 12 found so far

GURUGRAM: The department of town and country planning (DTCP) has begun a survey to identify illegal colonies in Sohna and adjoining areas. The team has identified 12 illegal colonies till now, officials said. The survey is being conducted jointly by the district town planners of the enforcement wing and headquarters on the orders of DTCP […]

CBI seeks documents, details of Chintels Paradiso collapse from administration

Almost a year after six flats partially collapsed at the Chintels Paradiso condominium in Gurugram, killing two persons, the Central Bureau of Investigation (CBI) has started a probe into the incident and sought relevant documents from the Gurugram district administration. The development comes after the central probe agency registered a case against Chintels, the developer […]

Sports complex members served dues recovery notice in Greater Noida

Greater Noida authority additional chief executive officer Prerna Sharma said expert agencies and coaches will be hired for the sports complex before the end of March Athletes and members of Vijay Singh Pathik sports complex have sent a written complaint to the Greater Noida authority after the sports complex received a notice from the authority […]

Haryana RERA forfeits bank guarantees of JMS Infra Realty

GURUGRAM: The Haryana real estate regulatory authority (HRERA), Gurugram has forfeited the bank guarantees of real estate promoter JMS Infra Realty Private Limited as the promoter failed to submit approved service plans and estimates as well as zoning plan of its project on time. As per the conditions for granting RERA registration certificate (RC) in […]

Gaming tech firm Aristocrat leases 128,000 sq ft of office space at Noida SEZ

Gaming content and technology company Aristocrat has leased 128,000 sq ft of office space at Candor TechSpace Special Economic Zone (SEZ) from Brookfield Properties in Noida, said three persons aware of the deal. The leasing comes at a time when companies are avoiding SEZs and are waiting for the Development (Enterprise and Services) Hubs Bill, […]

DTCP team surveys illegal colonies in Farrukhnagar

DTCP officials said the survey was done to ensure no new unauthorised colony comes up in the city and action is initiated against violators. As per rules, a colony can only be developed after a licence is obtained from the DTCP. RS Bhath, district town planner, (headquarters), who led the team, said the inspection drive […]

Man awaiting plot since 2000: ‘Files are missing’, G Noida tells redressal forum

The Uttar Pradesh state consumer dispute redressal commission said it is surprised by the move of the Greater Noida authority, which alleged that the file related to aggrieved consumer’s plot allotment is missing from record. The authority on Monday informed the commission that it has filed an FIR over the missing files. “We are surprised […]

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