News

IFC leases 35,000 sq ft office space in Mumbai’s BKC from Brookfield

The World Bank member, International Finance Corporation is expanding its presence in India and has picked up over 35,000 sq ft office space in Mumbai’s central business district BandraKurla Complex (BKC) through a long-term lease of over 9 years. The global institution that makes strategic investments and advisory interventions across India has leased the front-office […]

Delhi govt to regulate rickshaws in packed Chandni Chowk

The Municipal Corporation of Delhi will cap the number of cycle rickshaws plying on the 1.3-kilometre redeveloped stretch of Chandni Chowk at 400, and fit radio tags on them to regulate their movement in a bid to ensure that pedestrians do not face inconvenience, officials aware of the matter said. According to traders, the number […]

Delhi’s South Ex markets set for revamp ahead of G20

The plan is part of a wider beautification project being undertaken across the city, which will host G20-related meetings starting from February till the summit meeting in September. markets at South Extension Part-1 and Part-2 are set for a makeover as part of the G20 Summit-related preparations currently underway in the national capital, Municipal Corporation […]

New bylaws will be written for aviation hub near Noida airport

NOIDA: The Noida International Airport will necessitate an extra chapter on buildings bylaws for the development of the area around it, with specific rules on permissible height, design and ground coverage. The Yamuna Expressway Industrial Development Authority (YEIDA), the administrator of the region, will frame a new set of bylaws for the aviation hub, which […]

Noida Authority to upload housing project details on site

NOIDA: Residents will soon be able to see information related to group housing projects with just one click. The Noida Authority plans to upload details of all group housing projects, including their status of completion and occupation certificates, arrears, disputes and registry of flats on its website. The Authority has also decided to initiate action […]

Society fails to segregate garbage, MCG leaves mixed waste at entrance

Unauthorised vehicles carrying mixed waste away from Uniworld Gardens -2 residential society in Sector 47 were intercepted on Tuesday by the staff of the Municipal Corporation of Gurugram (MCG) who made the trucks empty their load at the entrance of the society itself. Officials said the society has not complied with the waste segregation rules […]

Developing sectors residents demand representation in GMDA RAC

Residents and resident welfare associations (RWAs) of developing sectors have demanded that representatives from resident bodies be included in the recently reconstituted residents advisory council (RAC) of the Gurugram Metropolitan Development Authority (GDMA). Their demand was also echoed by Badshahpur MLA Rakesh Daultabad, who wrote on January 5 to chief minister Manohar Lal Khattar, who […]

RLDA to lease Dwarka land parcel for Rs 1,193 crore

The Rail Land Development Authority (RLDA) has invited bids for leasing out 124,000-Sqm of a railway land parcel for Rs 1193 crore in Sector 21, Dwarka, Delhi. The land parcel can be used for both residential (55%) and commercial (45%). Pre-bid meeting will be held on January 10 and the last date of e-bid submission […]

Proposal to make it must to pool land beyond 70% limit in Delhi

NEW DELHI: The housing and urban affairs ministry has moved a Cabinet proposal for mandatory inclusion of land under the Land Pooling policy in sectors where 70% or more land has been pooled. This will make it obligatory for all land owners to pool their properties once owners of at least 70% of the developable […]

DTCP nod to operate guesthouses in five prime sectors of Gurugram

GURUGRAM: The department of town and country planning (DTCP) has allowed property owners in residential colonies of five prime sectors to apply for change in land use (CLU) permission within two months, if they plan to run guesthouses from their properties. According to the order by the office of DTCP director general, plot owners in […]

Unity Group, Parsvnath Developers to construct mall in Delhi

Delhi-based Unity Group has formed a joint development agreement with Parsvnath Developers to develop 450,000 square feet of retail area with an investment of 200 crore, said Unity Group co-founder Harsh V Bansal. The bridge-to-luxury mall is located near Netaji Subhash Place metro station and the land is on lease from Delhi Metro. The agreement […]

SC turns down plea to stop Noida metro work: ‘Cannot put back clock’

Noting that the entire metro rail project is complete and running, the Supreme Court has refused to stop the Noida metro’s operations for the want of an environmental clearance. The court was hearing an appeal filed against a May 31, 2016 order of the National Green Tribunal (NGT), directing that all metro rail projects need […]

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