BUSINESS
Yamuna Expressway Authority floats third global tender for development of 230 acres of Film City project
The authority has called on investors and production houses to develop, operate, and maintain the first phase of the International Film City in Sector 21 on a public-private partnership (PPP) model.
BUSINESS
Centre’s air quality panel extends deadline to December 31 for retrofitting of DG sets
The extension in deadline was given after Resident Welfare Associations (RWAs), Apartment Owners Associations (AOAs) and representatives of other sectors in Delhi-NCR sought more time to upgrade their DG sets.
BUSINESS
7 things to know about Yamuna Expressway Authority’s data centre scheme
The plots are being offered in three sizes: 20,000 square metres (three plots), 40,000 sq m (1 plot), and 1,25,660 sq m (1 plot), and depending on the size and location, the prices vary between Rs 28.17 crore and Rs 176.7 crore.
BUSINESS
Exclusive | Signature View Apartment case: DDA to hire consultant to suggest demolition method
The Authority plans to complete the demolition of the 12-storey structures by June-July 2024.
BUSINESS
Submit building plans of 23 high-rises in a week for safety audit: Gurugram administration to builders
Officials said that the administration has also clarified that if defects are found and require repairs, half the expense would have to be borne by the RWA and the other half by the builder.
BUSINESS
India’s senior living market to maintain 10 percent CAGR, real estate potential to rise: ASLI
To address the needs of senior living and highlight the growth potential within the senior care sector and the investment opportunities, ASLI will organise its fourth “ASLI Ageing Fest—Unlocking India's Senior Care Investment Potential” on November 17 in Delhi.
BUSINESS
Signature View Apartment Case: 9 months after evacuation notice, residents continue to live in dilapidated structures
In 2021-22, a study conducted by the Indian Institute of Technology, Delhi, at the behest of DDA, found that the building was “structurally unsafe”, and suggested that the best option was to “vacate and dismantle” the complex.
BUSINESS
Noida Authority to start issuing notices to developers not opening escrow accounts
Close to 60 developers have projects that are running late but few of them have fulfilled this obligation
BUSINESS
DDA has registered its projects, around 100 projects in total registered with us: Delhi RERA Chairman
The agency has registered the 21 ongoing housing projects under its belt after initially being opposed to the idea
BUSINESS
MotoGP and International trade show push up hotel tariffs in Noida, Greater Noida
The two international events are proving to be big draws, and hotel rooms are hard to come by. This has had a ripple effect on nearby areas as well.
BUSINESS
Unitech case: Homebuyers want out-of-court settlement, construction of homes at earliest
The homebuyers, who have waited for their apartments for over a decade, allege the apex court has not heard the case since March 2023.
BUSINESS
Lift mishap: Noida Authority directs builders, AOAs to get lifts serviced in high-rises, submit compliance report
Residents and AOAs in Noida and Greater Noida had been demanding legislation to oversee installation and ensure maintenance of lifts.
BUSINESS
Signature Global to develop 21 msf of affordable, mid-income housing in 6-7 years
The company, which is set to launch its initial public offering on September 20, will develop 19 affordable and mid-income projects in Gurugram and adjoining areas, like Sohna Elevated Road, Manesar, etc.
BUSINESS
Yamuna Expressway Authority does away with e-auction for industrial plots, approves Master Plan 2041
The board approves revision in the payment plan for group housing schemes and increases the planned development area under the Vrindavan-Raya Heritage City project.
BUSINESS
Over 2.4 lakh people register for 1,184 residential plots under Yamuna Expressway Authority scheme
According to officials, more than 1.8 lakh forms were sold and over 1.4 lakh people have deposited earnest money to book plots. The draw of lots would be conducted on October 18, 2023.
BUSINESS
Area Watch: Noida Extension, top choice of techies, first-home buyers
The area, also known as Greater Noida West, is gaining popularity because of affordable units, proximity to economic hubs and wide roads.
BUSINESS
G20 Summit: Connaught Place, Khan Market closure may cause financial loss of over Rs 450 crore, say traders
Popular markets in New Delhi will remain shut during the G20 Summit from September 8 to 10. All entry and exit points near the venue, the newly-built Bharat Mandapam convention centre, will be regulated. All establishments including schools, offices, restaurants, malls and markets will also be closed
BUSINESS
Experion Developers to build luxury homes in Noida, Gurugram; eyes topline of Rs 6,500 crore
The company plans to invest Rs 4,700 crore to develop one project in Noida and two in Gurugram.
BUSINESS
Delayed Projects: Delinking registry of housing units from builders’ dues can help homeowners, says UPRERA Chairman
According to a survey commissioned by UPRERA, there are as many as 45,000 units where buyers have taken possession without registering their ownership, and 1,25,000 units where neither has possession been taken nor has the registry been done.
BUSINESS
Supertech twin towers: Emerald Court RWA proposes to develop park at demolition site
The RWA has claimed that the land belongs to it saying that the land was part of the Emerald Project.
BUSINESS
Exclusive: Retail giant Ikea scouting for 25 acres of land in South Delhi, Dwarka areas
Central and state government officials in the know said that the retail giant had been looking for suitable land parcels to the size of 25 acres preferably in South Delhi and Dwarka regions.
TRENDS
Chintels Paradiso: Approach consumer forum SC tells residents of towers E, F & G
The court, however, did not dismiss the case and proceeded to tag it with the the other Chintels cases pending before it. The cases are now likely to come up for hearing on September 4
BUSINESS
Over 1 lakh people register for Yamuna Expressway Authority’s residential plots scheme
The scheme offers as many as 1,184 residential plots in three YEIDA sectors. The scheme was launched on August 8 and the last date to apply is September 1.
BUSINESS
MC Policy Next: 3-pronged approach needed to address flooding problem: Madhav Raman
At a panel discussion on Building cities of tomorrow: Sustainable renewal and climate financing at the Moneycontrol Policy Next Summit, the Principal and Co-founder of Anagram Architects said there is a need for a lot more efforts and incentivisation to transition waste into materials
