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Monthly Archives: August 2019

Noida: Nine years on, RG Luxury’s project yet to...

When they purchased the homes, it seemed like a bargain, especially with the big bouquet of promises that the builder made. Nine years after launch, over 1,600 homebuyers of RG Luxury housing project in Noida Extension’s Sector 16B are still unsure if they will ever get possession of their flats. When they purchased the homes, it seemed like a bargain, especially with the big bouquet of promises that …

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Greater Noida development to discuss changes in land u...

One of the agenda items would be to allow IT plots allotted in industrial areas to be used for industries. The move comes in the wake of poor response from the IT sector in setting up businesses across Greater Noida. GREATER NOIDA: The board meeting of Greater Noida Industrial Development Authority (GNIDA) that is scheduled for Thursday may see some important decisions being taken regarding changes …

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DLF to earn Rs 375 crore annual rent from Gurugram com...

“We have pre-leased nearly 100 per cent area in this Grade-A commercial project,” DLF group MD (Rental Business) Sriram Khattar told . NEW DELHI: Real estate major DLF has almost completely leased its commercial project in Gurugram, Haryana comprising 2.5 million sq ft area, and expects to earn a rental of about Rs 375 crore annually, a senior company official said. The 12-acre project ‘Cyber Park’ has been developed …

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Ghaziabad development body to reduce cost of Chandrash...

The per unit cost under three categories of flats would now be Rs 10.1 lakh, Rs 9.51 lakh and Rs 9.3 lakh less. GHAZIABAD: The Ghaziabad Development Authority (GDA) will relaunch the Chandrashila Housing scheme from September 6, this time with reduced rates of flats. The prices have been reduced to woo buyers at a time the authority is finding it difficult to find takers for its scheme. …

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Delhi Development Authority cuts rate for EWS flats in...

Of the 17,922 apartments that DDA had offered in its Housing Scheme 2019, 7,700 flats, situated in Narela, were earmarked for the EWS. NEW DELHI: Delhi Development Authority has slashed the price of its flats meant for the economically weaker sections (EWS) by 40% and plans to launch a new scheme for them from August 30. Of the 17,922 apartments that DDA had offered in its Housing Scheme …

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WeWork India leases 1.22 lakh sq ft from Panchshil Rea...

This new centre in Pune, expected to be launched early next month, will have a capacity of over 2,000 seats, they added. NEW DELHI: US-based co-working operator WeWork is expanding its India business and foraying into Pune market where it has taken on lease over 1.22 lakh sq ft office space to launch 24th centre in the country. According to sources, WeWork has taken 1,22,165 sq …

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Mumbai: IKEA to lease nearly one lakh sq ft in R City ...

IKEA is known for its massive stores. However, the company is likely to approach Mumbai, the country’s most expensive realty market, with a different plan. MUMBAI: Global home furnishing company IKEA, for the first time ever across the world, is set to lease space in a retail mall to open its store. The Swedish company is in advanced talks with realty developer Runwal Group to lease nearly one lakh …

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Cidco clears plan for 94,000 low-cost homes in Navi Mu...

Around 53,000 houses will be low income group (LIG) and the remaining economically weaker section (EWS) category. NAVI MUMBAI: Cidco board on Tuesday approved a Rs 19,000-crore plan to build 94,000 affordable houses/flats. It is probably the most houses to be built as part of PM Narendra Modi’s flagship housing for all by 2022 scheme, introduced on June 1, 2015. Around 53,000 houses will be low …

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