BUSINESS
Chintels Paradiso developer asked to evacuate residents of two towers immediately, pay rent at Rs 15 psft
The district administration had ordered the evacuation of towers E and F of the Gurugram housing complex after a portion of tower D collapsed in February killing two women. Residents want clarity over the reconstruction of their flats.
BUSINESS
Noida Authority empanels institutions for safety audit of building; audit report mandatory for OC from April 1
The technical institutions that have been empanelled to conduct these audits are Indian Institute of Technology-Kanpur, Delhi Technical University, MNIT Allahabad, BITS Pilani, Aligarh Muslim University, MNIT Jaipur and Central Building Research Institute Roorkee, the authority said.
BUSINESS
Greater Noida authority extends last date of application for data centre plots
The state’s data centre policy offers various incentives such as capital subsidy, interest subvention, and stamp duty exemption, along with non-financial and energy-related incentives.
BUSINESS
With Delhi’s Ashram flyover extension opening, property prices in the area set to rise 10-15%
Rentals are also expected to rise 10 percent with the new flyover set to improve connectivity and cut travel time between South Delhi and Noida.
BUSINESS
Last date of application for investments in Noida international film city extended
Yamuna Expressway Industrial Development Authority extends date from February 28 to March 31. The film city will come up in Sector 21, along the Yamuna Expressway. Arun Vir Singh, CEO, YEIDA, says global companies like Sony have shown interest in the project.
BUSINESS
Delhi's Signature View Apartments residents demand fair compensation, seek clarity over redevelopment
Delhi LG Vinai Kumar Saxena in January ordered the authorities to redevelop the 'structurally damaged' housing complex in North Delhi and help residents facing 'grave danger to life and property'
BUSINESS
Greater Noida Authority to cancel plots allotted to builders who have not cleared dues
Builders owe nearly Rs 13,500 crore to GNIDA. Only 10 defaulter builders have so far applied for the re-schedulement policy, which was launched in December 2022.
BUSINESS
Greater Noida Authority land allotment to bring in Rs 400 cr investment
While the authority has earned Rs 15.40 crore from the e-auction of the three institutional plots, the revenue earned from the two industrial plots is not known. Haryana Gas City Company and Time Server Services are the two firms which have been allotted industrial plots.
BUSINESS
Noida tea-seller who bagged a kiosk for Rs 3.25 lakh monthly rent backs out
Cites inability to pay the three-month security deposit and an 11-month advance rent amounting to Rs 45.5 lakh; Noida Authority says rent can't be broken into instalments.
BUSINESS
Noise levels around demolished Supertech Twin Towers exceed limits
The Noida Authority may reduce the number of machines clearing the debris at the site to cut noise pollution.
BUSINESS
Haryana government keeps stilt plus four-floor building plan approvals in abeyance, order issued
However, all earlier sanctioned stilt plus four-floor building plans will remain valid.
BUSINESS
Haryana govt presents Rs 1.83 lakh crore budget, allocates Rs 5,893 crore for urban development and housing sector
Chief Minister Manohar Lal also announced to set up two data centre parks in the state, one each in Gurugram and Ambala and also to build 1 lakh houses in the year 2023-24. He also proposed a scheme to settle arrears of renewal fee in the Town and Country Planning department.
BUSINESS
UP govt presents Rs 6.90-lakh crore budget for 2023-24; Rs 85 crore set aside for data centres
The state government has made an allocation of Rs 3,000 crore for the Chief Minister's Urban Expansion New City Promotion Scheme.
BUSINESS
Noida Authority plans to auction 14 commercial plots in March
The plots offered measure between 871 sq m and 51,417 sq m. The last date for registration is March 13, 2023, and the allotment will be through e-auctions. Officials said the e-auction will be conducted only if each plot gets a minimum of three applications.
BUSINESS
YEIDA doubles allocation for Jewar airport to Rs 805 crore
The Authority also announced a one- time settlement (OTS) scheme for three months starting March 1. It has decided to waive off the penal interest of defaulting builders under the scheme.
BUSINESS
MC Explains: DDA’s demolition drive leaves hundreds of people homeless in Mehrauli
Authority says residents had encroached Mehrauli Archaeological Park land. Residents say they have been living in the area for years, and ask if it was illegal, why construction was allowed in the first place. Meanwhile, Delhi Revenue Minister orders fresh demarcation.
BUSINESS
Residents of Gurugram’s Chintels Paradiso towers refuse to vacate, demand reconstruction of flats at same site
The structural safety audit report of towers E and F by IIT-Delhi has said that both towers are not safe for living and hence should be vacated.
BUSINESS
Chintels Paradiso: Administration orders immediate evacuation of 2 towers after being declared unsafe
A report by IIT-Delhi on Towers E and F, which was released by the district administration on February 14, had said that “due to rapid corrosion of reinforcement due to the presence of chlorides, the structure is not safe for habitation”.
BUSINESS
Gautam Budh Nagar bags investment proposals worth Rs 10.3 lakh crore
Ikea, Lulu Group, and Adani Group are among the major entities that proposed investments at the UP Global Investors Summit.
BUSINESS
Chintels Paradiso project: Two more towers declared unsafe by IIT-Delhi report
On February 10 last year, the ceilings of several flats in tower D of the complex collapsed, killing two.
BUSINESS
UP Investor Summit | Gautam Budh Nagar inks investment proposals worth over Rs 2.76 lakh crore
Lulu Group is likely to invest Rs 2,500 crore in Noida to set up a mall and a hotel, Ikea has pledged an investment of Rs 4,300 crore and Adani has sought 700 acres for an industrial and warehousing complex near the Jewar Airport
BUSINESS
One year of Chintels roof collapse in Gurugram: An uncertain future awaits residents
After the collapse of a roof in Tower D Chintels Paradiso society, 28 families have been living in rented premises. Also, even after a structural audit found deficiencies in the construction, affected residents have not been given alternative flats or compensation.
BUSINESS
Noida, Greater Noida authorities to offer 15 plots for data centres
The Noida Authority has called for applications for 5 plots in sectors 154 and 164, and GNIDA, which is eyeing an investment of more than Rs 30,000 crore, has 10 plots on offer in Knowledge Park V and Tech Zone
BUSINESS
No place to call home: Tashee Capital Gateway homebuyers stage protest over seven-year delay in apartment delivery
Tashee Capital Gateway is located at Gurugram's Sector 111. Launched in 2010, it was scheduled to be completed in 2015. Homebuyers claim that Phase-1 of the project is only 60 percent complete and Phase-2 just 40 percent
