Listen To The Article Expressway Tower homebuyers have demanded a structural and forensic audit of the Sector 109 affordable housing project, prompting the department of town and country planning (DTCP) to convene a meeting with the developer and investors on December 6 to discuss the issues. Even though there has been no construction at the site for the past years, residents claim that the...
Listen To The Article A city court on Monday denied the director of Ardee City's builder's anticipatory bail application, accusing him of forging documents to obtain a licence for approximately 40 acres of land owned by the HSVP and failing to develop the area earmarked for EWS plots in Sector 57, Gurugram. Additional Sessions Judge Jasbir Singh denied Gopal Das Estates & Housing...
Listen To The Article MCG has prepared estimates to repair the inadequate infrastructure in four of the eight private colonies it took control of five months ago. It has made the estimates after conducting a new survey on the ground following the takeover, which will now be forwarded to the state government for final approval. According to officials, the highest estimate is for Vipul World,...
Listen To The Article L&T Realty, Larsen and Toubro's real estate development arm, and Singapore-listed CapitaLand and India Trust Management, trustee-manager of CapitaLand India Trust (CLINT). have signed a non-binding term sheet for a commercial platform that will develop nearly six million square feet of office space in Bengaluru, Chennai, and Mumbai. L&T will build and develop...
Listen To The Article Paras Buildtech, a Delhi-based real estate developer, has purchased a 2-acre land parcel in Noida's sector 129 from a South Indian financial institution for Rs 91 crore, according to a senior company official. The company intends to develop 2.7 lakh square feet of retail space and approximately 1.5 lakh square feet of office space with a total investment of...
Listen To The Article Haryana Chief Secretary Sanjeev Kaushal announced on Friday that the Central Government’s Public Investment Board has approved a 28.8-kilometer-long metro connection between HUDA City Centre and Cyber City in Gurugram. It would provide an efficient and environmentally friendly transportation system to the people of Haryana, particularly those living in Gurugram and...
Listen To The Article Smartworld Developers Private Limited, based in Gurugram, has announced the launch of its premium high street retail project, 'Smartworld Orchard Street.' The project is 100,000 square feet in size and is located on the prestigious Golf Course Extension Road opposite the Grand Hyatt in Sector 61, Gurugram. This project is expected to generate a top line of Rs 250 crore for...
Listen To The Article Soon after its announcement of Gurugram part of Dwarka Expressway opening, it significantly increased demand for nearby real estate projects. There has been a lot of development in every sector, including residential and commercial properties like independent floors, high-rise buildings, shopping arcades, malls, healthcare and education facilities, and so on, attracting a...
Listen To The Article The town and country planning department (DTCP) has recommended that all projects of two developers be stopped from registering sale and lease deeds because they failed to pay for structural audits of their residential societies in Gurugram. Despite repeated reminders, district town planner Amit Madholia wrote to deputy commissioner Nishant Yadav that Raheja Developers...
Listen To The Article Homebuyers of Pyramid Urban Homes 2, an affordable housing project in Sector 86, Gurugram will receive Rs 50,000 in compensation because the developer built two additional towers in violation of the approved plan. The Haryana Real Estate Regulatory Authority H-Rera has ordered the developer to refund interest-free security, labor cess, and other charges collected from...