DDA extends last date for payment of cost of flats under 2019 housing scheme – ET RealEstate

NEW DELHI: The Delhi Development Authority (DDA) on Tuesday said it has extended the last date for payment of cost of flats under 2019 Housing Scheme to September 30, subject to certain conditions. This extension will be applicable to all the allottees irrespective of the fact whether they have made any payment or not, officials […]

North Delhi civic body plans group housing project near Town Hall – ET RealEstate

NEW DELHI: North Delhi Municipal Corporation will soon finalise the redevelopment scheme for the Walled City special areas. As a model project, a group housing residential redevelopment project on 3,000 sqm has been proposed behind Town Hall near Dangal Maidan. Officials say that MPD 2021 had provisions for redevelopment of the Walled City and the […]

DDA extends last date for interest-free payment of cost of flats to Aug 31 – ET RealEstate

Picture used for representational purpose only NEW DELHI: The DDA has extended the last date for making interest-free payment of cost of flats by allottees of 2021 Housing Scheme to August 31 in view of the second wave of the coronavirus pandemic, officials said on Saturday. The allottees of Dwarka Sector 16-B flats, however, will […]

Over 7,300 families conferred ownership rights under PM-UDAY: Housing minister – ET RealEstate

NEW DELHI: More than 7,300 families have been conferred ownership rights while over 4.1 lakh people have registered till date for the PM-Unauthorised Colony in Delhi Awas Adhikar Yojna (PM-UDAY), Union minister Hardeep Puri said on Saturday. PM-UDAY was launched on October 29, 2019, to confer ownership rights to residents of 1,731 unauthorised colonies (UCs) […]

NCLAT sets aside liquidation order of Three C Homes’ Lotus City project – ET RealEstate

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has set aside a liquidation order passed by NCLT against Lotus City, a project which was being developed by Three C Homes before it went into insolvency in September 2019. The project situated along the Yamuna Expressway was launched in 2012 but never got complete. After […]

Delhi: SDMC to grant ownership right to Parda Bagh rehabilitation colony – ET RealEstate

NEW DELHI: South Delhi Municipal Corporation (SDMC) has decided to grant ownership right to the residents of Parda Bagh Rehabilitation Colony in Daryaganj. According to an order issued by the land and estate department on Monday, at least 50 allottees of residential plots have been assured ownership rights. “Before executing the process, the structure of […]

How covid-hit co-working spaces in Noida are wooing clients back – ET RealEstate

NOIDA: Slashed rates, free trials and safety assurances — co-working spaces in the city are going the extra mile to bring back clients or retain existing ones as restrictions have started to ease. Co-working businesses have been among the worst-hit during the pandemic as people have preferred to work from home. Owners, however, feel the […]

Aakash Educational’s founder buys farmhouse in south Delhi for Rs 96 crore – ET RealEstate

JC Chaudhary, the founder of Aakash Educational Services Ltd, has purchased a 5-acre farmhouse in south Delhi for around Rs 96 crore, three people aware of the deal said. Chaudhary’s purchase of Pushpanjali Farm at Bijwasan is his second big-ticket real estate transaction in the last two months and comes close on the heels of […]

Delhi development body to conduct mini-draw for surrendered flats – ET RealEstate

Representative Image NEW DELHI: Delhi Development Authority (DDA) is planning to conduct a ‘mini-draw’ in July for those who had applied for a flat under the Housing Scheme 2021, but were kept in the wait list. According to sources, out of the 1,354 flats offered in the scheme, nearly 300 flats have been surrendered by […]

Gurugram: No RWA elections for a year, Ambience Lagoon flat owners write to PM – ET RealEstate

GURUGRAM: A group of residents in Ambience Lagoon has written to Prime Minister Narendra Modi, seeking his intervention in a dispute regarding the RWA elections in the condominium. The residents said they had been requesting the district registrar and the state officials for a year to hold the elections to the governing body of the […]