News

Jaypee offers to finish incomplete Sports City projects in next two years

NOIDA: The Yamuna Expressway Authority’s board on Friday decided to restore over 1,000 hectares of land to Jaypee Associates Ltd (JAL) in proportion to the restoration fees deposited by the developer. The resolution plan presented by Jaypee to complete projects and pay the land dues was discussed at the Authority’s 75th board meeting. On September […]

Register plots by January or face cancellation, Yamuna authority warns plot owners

The Yamuna Expressway Industrial Development Authority (Yieda) in its 75th board meeting on Friday approved a decision to warn plot buyers that either they execute the registration of their respective plots by end of January 2023 or face cancellation. The move will impact at least 8,000 plot buyers, who are yet to execute their registration […]

Yamuna expressway authority rejects Jaypee Group’s proposal

The board of Yamuna Expressway Industrial Development Authority (Yeida) rejected Jaypee Group’s proposal of offering land in lieu of money that the realty firm defaulted to pay for the Formula One circuit and its sports city project. “The board made detailed deliberations about the Jaypee Group’s proposal of offering the land in lieu of defaulted […]

Noida: There are over 300 flats in sector 117, but no park to visit

NOIDA: Over 2,000 residents living in 5% abadi plot area in Sector 117 have urged Noida CEO Ritu Maheshwari to get a park built in the area. According to residents, in the absence of a park, children are forced to play on roads, while others have to go to nearby sectors for morning and evening […]

ABSA Fashions leases 18 floors office in Mumbai

Fashion designer duo Abu Jani and Sandeep Khosla’s company ABSA Fashions has picked up a total 18 floors of office space in Mumbai’s western suburb Goregaon through a long-term lease of five years. The company will be paying rentals of over Rs 60 crore for this office space spread over more than 102,000 sq ft […]

Noida orders razing of illegal shops in Golf City Society

The Noida authority on Tuesday directed a realty firm to demolish at least 20 shops that were built illegally in Golf City 1 society in Sector 75. “We have issued a notice directing the realty firm to either remove the illegal shops within one month’s time or face action. If the developer will not demolish […]

Ggm MP urges NHAI to expedite work on Pataudi-Rewari road project

Gurugram: Gurugram Member of Parliament (MP) and Union minister Rao Inderjit Singh on Thursday took stock of the ongoing construction work of the Pataudi-Rewari highway, which is being developed by the National Highways Authority of India (NHAI). The minister asked the authority to expedite work on the road infrastructure project so that it can be […]

Noida: There are over 300 flats in sector 117, but no park to visit

NOIDA: Over 2,000 residents living in 5% abadi plot area in Sector 117 have urged Noida CEO Ritu Maheshwari to get a park built in the area. According to residents, in the absence of a park, children are forced to play on roads, while others have to go to nearby sectors for morning and evening […]

HSVP puts its land up for auction, finds 13 acres occupied by Gurugram civic body

GURUGRAM: The Gurugram municipal corporation (MCG) was found to have encroached upon 13 acres of HSVP land worth hundreds of crores at five different places in the city. The encroachment came to light when HSVP, which is reeling from a financial crisis and has been monetising its assets to raise funds, listed some of its […]

NCDRC directs JMD to refund excess amount charges from buyers

The National Consumer Disputes Redressal Commission (NCDRC) has directed the realty developer JMD to refund excess amount charged towards super area by adding the area of balcony and also ordered to transfer contingency deposit to the RWA with IFMS. Residential Welfare Association of JMD Gardens, a housing society at sector 33, Gurgaon, had filed a […]

Yeida to consider Jaypee proposal on financial relief for sports city project

The Yamuna expressway industrial development authority (Yeida) on Wednesday said it is likely to discuss a proposal submitted by Jaypee sports international limited (JPSI), a subsidiary of Jaypee group, seeking relief for its sports city project, in its board meeting to be held on Friday. “The Jaypee group has demanded multiple reliefs via a proposal […]

Twitter starts vacating flexible office spaces in India

After massive layoffs, microblogging platform Twitter is vacating its flexible office spaces in India. People familiar with the matter said the company has initiated vacating seats in Mumbai under its WeWork arrangement and is serving a three-month notice period. Twitter has also given up its TEC space at One Horizon in Gurgaon and would have […]

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