BUSINESS
No serious deficiencies found in structural audit of 15 condominiums, says Gurugram deputy commissioner
In most of the societies, deficiencies are limited to plasters peeling off the wall, seepage and water accumulation in basements or problems in balconies
BUSINESS
Gurugram high-rise residents claim structural audit reports not given to them
Structural safety audits were carried out in 17 multi-storeyed apartment complexes on the directions of deputy commissioner Nishant Kumar Yadav after residents complained of deficiencies in the buildings.
BUSINESS
Supertech Emerald Court society in Noida issues notices to owners running paying guest facilities
Legal experts said that any commercial activity such as running hostels within a residential society are not legal but denying a bachelor a flat on rent is also a violation of Article 15 of the Constitution.
BUSINESS
Supertech twin towers' debris removal deadline missed, may take one-and-a-half months more
Around 60 percent of construction and demolition waste cleared; delay on account of the GRAP (Graded Response Action Plan) ban on construction, claims the company tasked with the removal of debris. The Supreme Court deadline was November 28.
BUSINESS
Builders say implementing SC order may delay registration of 1.5 lakh homes in Noida, Greater Noida; one-time settlement of dues sought
Developers say a one-time settlement scheme should be introduced as in Haryana to settle dues, while industry body CREDAI argues that steps to realise dues at higher rates can lead developers to the NCLT
BUSINESS
Gurugram complex owners claim no access to facilities, developer denies charge
The builder is said to have revised the project plan in 2019 without seeking mandatory consent from flat owners.
BUSINESS
Rentals of residential spaces up by 20-25 percent in Delhi-NCR
The jump in rentals is higher in prime localities such as Defence Colony, Greater Kailash-2 in Delhi, localities around the Dwarka Expressway and Golf Course Road in Gurugram and sectors located around the Noida-Greater Noida Expressway and Central Noida, which includes sectors such as 50, 51, 78 and 76.
BUSINESS
MC Explains| A new Noida policy can change the way high-rises are bought in India
Residents hail the move to make structural safety audits mandatory for occupancy certificates, but have reservations over vesting owners associations with the responsibility of carrying out the audits in buildings older than five years.
BUSINESS
Noida Authority starts issuing notices to developers to clear their dues
BUSINESS
Supreme Court issues notice to builder in Chintels Paradiso case
The apex court said lawyers of the residents of the society and the developer may jointly work out compensation payable to residents.
