BUSINESS
Haryana notifies scheme to recover Rs 3,600 crore of pending renewal fees from colonisers
The scheme is open for six months from the date of the notification.
BUSINESS
In a first, Noida Authority launches scheme to lease out built-up space for start-ups
The space will be granted on a 15-year lease, renewable every five years, with a one-year lock-in period from the date of allotment.
BUSINESS
From not allowing ‘lungi’ at common places to banning opposite sex visitors, here are some outlandish rules by RWAs
While decorum should be maintained in public places, including in housing complexes, it is not right to impinge on the individual's rights.
BUSINESS
Properties under Rs 50 lakh: Here’s where you can buy in Delhi-NCR
Real estate experts said availability of Properties under Rs 50 lakh is limited and available in areas located far from city centres or central business districts in the NCR.
BUSINESS
Noida Authority likely to auction 3 commercial plots in Sector 50 by June-end
A scheme to allot 14 commercial plots was launched in February 2023, and was given extension twice but applications were received only for three. The remaining plots will now be put up for sale under a fresh scheme.
BUSINESS
Greater Noida Authority puts 13 data centre plots on sale; scheme closes on July 4
The authority hopes to generate Rs 1,000 crore through the e-auction of these plots, which in total measure 70 acres.
BUSINESS
Delhi Development Authority to sell penthouses with golf course view in Dwarka
The 14 luxury penthouses are part of about 17,000 apartments that the agency is building in various parts of the city.
BUSINESS
Film City project: Yamuna Expressway Authority submits report to UP govt, meeting to finalise 3rd global tender soon
The report mentions recommendations such as giving a direct lease of 90 years instead of the current 60+30 years’ arrangement proposal, allotting smaller plots, etc.
BUSINESS
Gaurs Group to develop 450 luxury apartments with an investment of over Rs 500 crore in Jaypee Greens
The developer said that the apartments will come under the second phase of its ongoing luxury housing project The Islands by Gaurs. The land for the project has already been acquired.
BUSINESS
Delhi NCR residents' bodies demand incentives to upgrade DG sets per new emission norms
Upgrading RWA DG sets will cost upwards of Rs 6-12 lakh, which will have to be borne by residents in the absence of any government support. The upgrade has to be done by October.
BUSINESS
Noida Authority launches group housing plots in sectors 43 and 44
These land parcels are located in premium locations in central Noida sectors and judging from the demand for housing, the Authority wants to develop group housing projects in the area.
BUSINESS
Yamuna Expressway Authority launches data centre scheme, eyes Rs 220 crore revenue
Plot sizes range between 20,000 and 40,000 square metres; applications open on June 12.
BUSINESS
Tenders for India’s first pod taxi project along Yamuna Expressway to be floated next week
Uttar Pradesh government panel greenlights project. There will be 12 stations on the 14.6-km route connecting Noida International Airport in Jewar with the proposed Film City in sector 21
BUSINESS
Centre’s air quality panel puts curb on use of DG sets in Delhi NCR
Latest guidelines set October 1, 2023, as deadline for adopting dual-fuel mode and retrofitting of emission control devices on such gensets of capacities above 19KW
BUSINESS
Gurugram’s new metro may spur property price increase, revive old city
The metro will improve connectivity and lead to opportunities to redevelop property in old Gurugram, experts said.
BUSINESS
High-speed metro between Noida and IGI airports may stop only at six stations
The final detailed project report for the 72-km link proposed to be built at a cost of Rs 13,000 crore is likely to be submitted in July 2023.
BUSINESS
Yamuna Expressway Authority shelves its group housing scheme due to lack of bidders
Officials said the proposal did not receive a single application from developers because of the scheme’s strict eligibility conditions, which precluded the involvement of developers who had any dues with the three development authorities in Gautam Budh Nagar district.
BUSINESS
Uttar Pradesh regulator deregisters 55 real estate projects since July 2020
Lucknow tops with list of projects that have been surrendered, followed by Gautam Buddha Nagar and Varanasi.
BUSINESS
IITGNL launches group housing, commercial plot schemes in Greater Noida; eyes revenue of over Rs 720 crore
Interested parties will be able to apply in both these schemes from June 16 and the last date of registration in the scheme is July 7.
BUSINESS
Cut penal interest, other levies from developers' dues to revive projects, says CREDAI chief
Scope exists for reducing Rs 6,000 crore to Rs 7,000 crore of total dues outstanding from developers, who will be able to pay the remaining amount, CREDAI chairman Manoj Gaur
BUSINESS
Greater Noida Authority launches scheme for 22 commercial plots, eyes Rs 1,100 crore revenue
FAR of 4 will allow allottees to construct buildings with areas up to 400 percent of the total area of the ground they are situated on.
BUSINESS
Greater Noida Authority asks officials to list 50 big defaulters, cancel their allotment of plots
Allotments of residential plots had been made to 156 persons after an e-auction on April 21. Those who won the plots were to pay 25 percent within 15 days of allotment.
BUSINESS
DDA expected to launch housing scheme for 23,000 flats in June
Applications will be invited once the agency approves the scheme and the price will be decided just before the launch.
BUSINESS
Greater Noida Authority sells 23,600-sqm builder plot for Rs 110 crore
According to a GNIDA official, 10 builder plots had been put for sale. However, only one plot – GH-128 – elicited investor interest.
