Noida authority to rope in consultant to make city clean and green
Noida residents can expect a greener and cleaner future as the Noida Authority takes a significant step towards urban sustainability. In a bid to improve sanitation and environmental practices, the authority has announced its decision to hire a consultant. This professional will be tasked with developing a holistic and sustainable
Work on ₹80 crore STP to begin soon in Greater Noida
Residents of Greater Noida West can finally breathe a sigh of relief. The Greater Noida Industrial Development Authority (GNIDA) announced the long-awaited construction of the area’s first sewage treatment plant (STP), addressing a critical sanitation issue that has plagued the region for years. This significant project, budgeted at ₹80 crore,
‘Gurugram accounts for 55% of housing launches in NCR’
Gurugram has emerged as the undisputed leader in the Delhi National Capital Region’s (NCR) housing market, according to a recent report by JLL (Jones Lang LaSalle IP, Inc). The report highlights a significant surge in new housing launches within Gurugram, with a staggering 55% share of the total launches in
DDA repairs common area of Signature View Apartment after concrete block falls
Alarming incidents at Delhi’s Signature View Apartment in Mukherjee Nagar have finally prompted action from the Delhi Development Authority (DDA). The building witnessed a series of concerning events where concrete blocks and portions of the parapet detached and fell within common areas. Thankfully, no injuries were reported. However, the incidents
Gurgaon land release case: ED attaches properties of real estate company M3M India
ED attached ₹300 crore worth of M3M India’s land parcels in Gurugram over alleged irregularities in obtaining licenses and non-development of a commercial project. The Enforcement Directorate (ED) has tightened its grip on real estate developer M3M India in connection with an ongoing money laundering probe. In a recent development,
UP-RERA Empowers Homebuyers with Mandatory QR Codes in Project Brochures and Ads
The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has taken a significant step towards transparency and buyer protection in the state’s real estate market. A new regulation mandates that all real estate developers include a unique QR code in every brochure and advertisement for their projects. This seemingly simple addition
NGT directs Pune civic body, MPCB to file replies on dumping construction debris on riverbanks
The National Green Tribunal (NGT) has cracked down on the illegal dumping of construction debris along riverbanks in Pune, aiming to curb the environmental damage caused by such practices. Taking note of a newspaper report highlighting the issue, the NGT directed the Pune Municipal Corporation (PMC) and the Maharashtra Pollution
Luxury housing sales increase by 27% in the Jan-June period in 2024; Delhi-NCR tops list
India’s luxury housing market is showing impressive resilience, defying any potential slowdown. According to a report by CBRE South Asia, sales of luxury apartments (priced above Rs 4 crore) witnessed a significant 27% increase in the first half of 2024 compared to the same period last year. This robust growth
Government may reduce income cap for PMAY homes in urban areas
The Pradhan Mantri Awas Yojana (PMAY) scheme, a flagship initiative aimed at providing affordable housing to urban residents, could be facing a major revamp. Government sources suggest a potential reduction in the income eligibility for beneficiaries categorized under the Middle Income Group (MIG). Currently, the annual income limit for MIG
Enforcement directorate slaps PMLA case against ATS Group
A dark cloud has settled over Noida’s real estate market with the Enforcement Directorate (ED) initiating a money laundering probe against the ATS Group of Companies. This action, based on complaints from homebuyers regarding delays and irregularities in their projects, has triggered widespread anxiety. The ED’s investigation, falling under the
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