BUSINESS
Should you invest in a plotted development instead of a multi-storey apartment?
While plotted homes have the advantage of getting delivered faster, buyers need to do their due diligence with regard to the land title. They also need to be wary of issues relating to basic amenities.
BUSINESS
Mahira to complete Sector 68 project if it gets stay on order cancelling its licence: Senior Gurugram Town Planner
Mahira Group is hopeful of getting a stay on the order, and is willing complete the project by May 31, 2023.
BUSINESS
Supertech Twin Tower Demolition: Noida authorities to meet on June 7 over Emerald Court issues
Residents of Emerald Court have complained of dust pollution and have been using the basement for entry and exit since the last four months.
BUSINESS
Senior Gurugram town planner asks Mahira homebuyers to not pay more to builder; authorities to take possession of Sector 68 project next week
A majority of the buyers who have invested in the Sector 68 project in Gurugram have paid almost 90 percent of what their flats cost. A total of 1,497 buyers have invested in the project.
BUSINESS
Co-working startup Synq.work to invest Rs 7 crore for three new centres this year
The new facilities are expected to come up in Chandigarh, Gurugram and Delhi.
BUSINESS
Gurugram’s NBCC GreenView residents demand immediate refund from NBCC for ‘unsafe’ flats, seek FIR against builder
Authorities say a meeting with NBCC officials will be held next week to resolve refund-related issues faced by homebuyers.
BUSINESS
Over 1000 homebuyers of a Gurugram project in a fix after authorities cancel builder’s license
DTCP Gurugram to meet homebuyers on May 27 to discuss modalities of project takeover.
BUSINESS
Student housing demand picks up after three waves of COVID-19; delay in board exams, online classes play spoilsport for unorganised sector
Experts say the new education policy is expected to further boost demand for student housing going forward.
BUSINESS
Covid-19 fuels demand for children-centric housing societies. How sustainable is the concept?
Real estate experts are of the opinion that paying a premium in the name of kid-centric facilities may not be a good idea as facilities that may seem lucrative for children at one point may become irrelevant for them after five or six years.
BUSINESS
Curated Living ties up with Andhra Pradesh MedTech Zone for 500-bed on-campus facility
The company will invest about Rs 20 crore in the facility that will come up in Visakhapatnam and the land will be leased by the government, CEO Jai Kishan Challa has said
BUSINESS
Here’s a look at tax implications for NRI homebuyers invested in senior living project
The senior living segment has also caught the fancy of non-resident Indians who wish to settle in India after retirement or want to invest in a senior living project for their parents
BUSINESS
Valuers, structural engineer appointed for Chintels Paradiso project in Gurugram; builder submits relief plan
The authorities will examine the options that the builder has proposed in the relief plan.
BUSINESS
A look at structural safety guidelines released by the Haryana government
The Department of Town and Country Planning said that a notification bringing the guidelines into effect will be issued in two months after completing the empanelment process.
INDIA
Alstom to deliver India's first semi high speed Regional Rapid Transit System train set this week
The manufacturing and delivery of the trains for Delhi-Ghaziabad-Meerut RRTS Corridor is on track, sources said.
BUSINESS
Haryana govt to take over assets of Gurugram realty developers if completion certificate not taken: CM Khattar
Chief Minister Manohar Lal Khattar also said that a dedicated nodal officer will be deputed by the Town and Country Planning Department for expediting the final completion certificate issue.
BUSINESS
Delhi to get world-class railway station at Bijwasan; Safdarjung station to also get a new swanky building by 2024
Bijwasan, a small local station in one of Delhi’s suburbs is to be transformed into a world-class transport hub by 2024.
BUSINESS
Redevelopment of New Delhi Railway station to decongest Connaught Place; generate Rs 10,000 crore revenue: RLDA VC Ved Parkash Dudeja
National capital to get its tallest twin-tower buildings at New Delhi Railway Station
BUSINESS
Housing woes | Earth Towne flat buyers stage protest ahead of NCLAT hearing; accuse GNIDA of malpractice
The Earth Towne project has been in trouble although the construction of some towers is 80-90 percent complete.
BUSINESS
Moneycontrol Area Watch | Ghazipur landfill is a nightmare for Seemant Vihar, neighbourhood
Seemant Vihar and neighbouring housing societies have excellent transport connectivity and easy access to facilities like schools, hospitals, hotels, banks and shopping centres. There’s one problem: the overwhelming stench from the Ghazipur landfill that residents say has depressed property prices and rentals. Moneycontrol examines the issue.
