2022-09-18
GURUGRAM: The enforcement team of town and country planning department (DTCP) cleared 14 acres of prime agricultural land in Sohna after razing four illegal colonies. During the drive, the department demolished more than 50 structures and 4.5 km road network in these colonies which were constructed in violation of Haryana Development and Regulation of Urban Areas Act.
2022-09-18
The Housing Infrastructure Development Corporation (Hidco) initiated the process of inviting applications to auction a 10-acre land at Chowbhaga in Nonadanga, located close to the E M Bypass stretch near Tagore Park, on a freehold basis for residential or commercial use or a mix of both. The starting bid has been fixed a Rs 177.3 crore and the e-auction slated for November 3.
2022-09-18
The municipal Corporation (MC), Chandigarh is likely to auction its commercial properties in Manimajra after getting the approval of the Chandigarh administration. The general house of the civic body has already given its approval to auction the properties and the sources said now it needs the approval of the minutes of the meeting for the process of the auction to be started.
2022-09-17
Power discom Dakshin Haryana Bijli Vitran Nigam (DHBVN) has rolled out "unified billing" for single-point, multiple user electricity connections in the city's group housing societies that will allow it to generate separate bills for each flat, replacing the current system of a single bill beng generated for the whole society. Under single-point connections, DHBVN prepares one bill for the entire society, the developer or the RWA then prepares individual bills for the flats, clubbing backup and upkeep charges with the same.
2022-09-17
More than 600 duplex houses in Sector 41 face demolition, with Chandigarh Housing Board (CHB) serving "final" demolition notices to allottees. They started issuing the final demolition notices to the allottees of the dwelling units. So far, more than 400 notices have been issued, and more are under process.
2022-09-17
Redevelopment projects approved by Maharashtra Housing and Area Development Authority (Mhada) will no longer need approval from the housing department. In March 2019, the MVA had issued a circular making housing department clearance mandatory for all Mhada projects in light of the Patra chawl redevelopment scam.
2022-09-17
Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom. The conglomerate named its founder chairman Gautam Adani as the head of Ambuja Cements. His son Karan, who currently heads the group's ports business, was named as a director of both the cement firms and as chairman of ACC Ltd.
2022-09-17
Realty firm Eldeco group said it has partnered with HDFC Capital to set up Rs 350 crore fund to develop residential projects across many cities. Eldeco Group had partnered with HDFC Capital Affordable Real Estate Fund 1 (H-CARE 1) to set up a Rs 150 crore platform for the development of low-rise and plotted development projects. Eldeco has identified four residential developments in Delhi-NCR, Himachal Pradesh and Uttarakhand for an initial investment of Rs 175 crore.
2022-09-17
Nykaa E-Retail, a multi-brand cosmetics and fashion e-commerce platform, has leased over 55,000 sq ft of office space at Marathon Futurex in Mumbai’s Lower Parel. The company, listed on stock exchanges as FSN E-Commerce Ventures, will be paying rentals of Rs 69 lakh per month, taking its total payout to Rs 41.40 crore excluding the rental escalation. The agreement includes a clause to escalate lease rentals by 15% after the first 36 months.
2022-09-17
GREATER NOIDA: Authorities have sealed the office of realty firm La Residentia Developers Pvt Ltd for failing to refund Rs 15 crore to homebuyers of its La Residentia project in Techzone 4 despite repeated notices. La Residentia, launched in 2010, had a 2014 deadline. While some towers in the society are complete, the developer has not handed over all the flats in those; others are still under construction.
