Alphacorp to invest Rs 350 crore to develop luxury housing project in Gurugram
Capitalizing on Gurugram’s robust luxury housing market, realty firm Alphacorp announced a significant expansion with a Rs 350 crore investment in a high-end residential project. The project, spread across two land parcels in Sector 15, Part 2, Gurugram, will offer a total of 200 premium apartments. The first phase of
SC warns against coercive action on NCR homebuyers
In a major win for homebuyers in the National Capital Region (NCR), the Supreme Court has stepped in to shield them from financial pressure caused by project delays. The court issued a stern warning against banks and builders who attempt to take coercive action against buyers who haven’t received possession
UP-RERA Summons Noida, Greater Noida Authorities, and Builders for Online Hearings
UP-RERA mandates online hearings for 32 complaints filed by homebuyers against Noida/Greater Noida authorities and 18 builders, urging their participation to avoid unilateral decisions. The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has issued a public notice directing authorities from Noida and Greater Noida, along with 18 builders, to appear
Greater Noida Gears Up for Medical Device Manufacturing Hub: Yeida Appoints Consultant
The Yamuna Expressway Industrial Development Authority (Yeida) is taking a significant step forward in realizing its vision for North India’s first dedicated medical devices park. The authority has announced the hiring of a consultant to expedite the development and promotion of this ambitious project in Greater Noida. Situated strategically in
Twinkle Khanna Doubles Down on Mumbai Rentals
Twinkle Khanna and her sister Rinke Khanna rent out two Mumbai apartments for a starting monthly rent of ₹1.85 lakh. Actress and entrepreneur Twinkle Khanna is expanding her portfolio as a landlord. According to documents accessed by Zapkey, Khanna, along with her sister Rinke Khanna, has rented out two apartments
Delhi Gears Up for Phase-2 of Landfill Biomining
The MCD is seeking bids for Phase-2 of biomining at Delhi’s three landfills to address the issue of massive legacy waste. The Municipal Corporation of Delhi (MCD) has initiated the process for the second phase of biomining legacy waste at its three major landfills: Ghazipur, Bhalswa, and Okhla. This move
Delhi Ring Road Set for Upgrade: Upgradation Project Aims to Ease Traffic Woes
Delhi government plans to upgrade a 4.5 km stretch of Ring Road from Ashram to Bhairon Marg T-point to improve road conditions and reduce traffic congestion, potentially causing temporary traffic snarls during construction. Delhiites commuting on the Ring Road can expect a smoother ride in the future. The Delhi government,
Homebuyers Seek Tax Relief: Realtors Lobby for Higher Home Loan Interest Deduction.
In a bid to jumpstart India’s sluggish housing market, the National Real Estate Development Council (NAREDCO) is urging the government to raise the tax exemption limit on home loan interest payments in the upcoming budget. Currently, homeowners can deduct up to Rs 2 lakh annually from their taxable income for
RLDA Opens Bidding for Upscale Transformation of Delhi Railway Colony.
RLDA is inviting bids to redevelop a prime 2.15-hectare railway colony in Delhi’s Civil Lines with a 99-year lease, marking another step in their mission to revitalize railway land and potentially enhance Delhi’s infrastructure. The Rail Land Development Authority (RLDA), a central government agency focused on unlocking the potential of
Gurugram Residents Brace for DTCP Scrutiny in Sushant Lok
Unease is brewing amongst residents of Sushant Lok 2 and 3 in Gurugram as the Department of Town and Country Planning (DTCP) prepares to conduct a comprehensive survey of houses in the area. This move comes in response to concerns raised by the Residents’ Welfare Association (RWA) regarding widespread violations
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