News

Noida traders optimistic as business picks up pace in festive season

Noida: Traders in Noida’s Sector 18 market are hoping to have a brisk business as the festive season is underway. Representatives of the market associations said that after being badly hit during the Covid-19 pandemic, the market is reviving, with several new brands setting up shops in Sector 18. According to SK Jain, president of […]

Udyog Vihar building collapse: Committee holds contractor, company responsible

A five-member committee, which investigated the collapse of a dilapidated building in Udyog Vihar Phase 1 while it was being demolished on October 3, killing two daily wagers and injuring two more, has held company and contractor responsible for the incident. In the report submitted on Tuesday, the committee said the occupancy certificate was issued […]

Delhi LG launches portal for digital management of DDA’s land records

NEW DELHI: Delhi Lt Governor V K Saxena on Monday launched a web-based portal for digital management of land records of Delhi Development Authority (DDA) and stressed on minimum human interface for such work. The portal ‘Land Management Information System’ (LMIS) is also aimed at effective and efficient management and protection of DDA land records, […]

Raze illegal walls & farmhouses built in Faridabad Aravalis in 15 days, owners told

GURUGRAM: The forest department of Faridabad on Monday started sending out show-cause notices to owners of structures built illegally in the eco-sensitive Aravalis in the district. The owners have been given 15 days to demolish the structures. A total of 600 structures have been identified in Ankhir and Mewla Maharajpur villages, whereas ground truthing (an […]

Ghaziabad: 4,400 sale deeds worth Rs 55 crore registered during Navratri

GHAZIABAD: Riding on the festive season, the stamp and registry department has executed nearly 4,400 sale deeds worth Rs 55 crore in Ghaziabad in just nine days of Navratri. Experts see this as a clear sign of recovery from the pandemic-induced slump in the real estate sector. During the same period in the last financial […]

Grade A offices of about 120 million sq ft can be refurbished in top six cities: Report

NEW DELHI: Grade A office buildings of about 120 million sq ft, which is more than 15 years old, can be refurbished in top six cities (Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai, Pune), according to a recent report by Colliers. “The cost of conducting due diligence of a property is less than 0.3% of the project […]

Delivery agent, housing society guard assault each other over entry curbs in Noida

A security guard of a housing society and a food delivery agent got into a fist fight on Sunday morning in Sector 39, police said. The CCTV footage of the entire incident has gone viral on social media where both the men can be initially seen manhandling each other before using wooden sticks to hit […]

Construction ban can hit 5 lakh residential units in Delhi NCR: Report

A construction ban in Delhi-NCR due to high pollution could impact over 500,000 under-construction residential units, a report by Anarock said. According to the report, around one lakh flats in Gurugram alone will be impacted if a construction ban is imposed like last year. The ban could delay project deliveries and also impact rates, the […]

DJB clears 60 crore project to increase capacity of Nangloi water plant

Delhi Jal Board has approved a 59.7 crore project to increase the capacity of Nangloi water treatment plant by upgrading its filter beds and associated infrastructure, the Delhi government said on Saturday. A government official said that the construction of a new filter house will increase the water treatment capacity of the Nangloi Water Treatment […]

Ghaziabad yet to identify pollution hotspots, utilise pollution abatement funds

Ghaziabad: Although the graded response action plan (Grap) came into effect from October 1, Ghaziabad city administrators are still trying to identify pollution hotspots. The city is also lacking in terms of utilisation of funds it received for air quality improvement, said sources. Last year, the UP Pollution Control Board (UP-PCB) identified 10 major pollution […]

Star India renews lease for 450,000 sq ft headquarter in Mumbai

Star India has renewed its lease for nearly 450,000 sq ft office space spread across 16 floors of the commercial tower Urmi Estate that houses its India headquarters in Mumbai’s Lower Parel business district for a long-term tenure of nine years. In addition to the 16 floors in Urmi Estate, the company has also leased […]

Delhi: 60 acres of prime real estate may be up for grabs in Sarojini Nagar

NEW DELHI: The Centre is looking to monetise its prime real estate asset in the heart of the national capital to generate funds for redevelopment of seven residential colonies. As part of the plan, it’s weighing the option of selling around 60 acres of land and constructed properties in Sarojini Nagar. Earlier, the plan was […]

© 2020 Prithvi Estates, All Rights Reserved.

Register Your Property