Gurugram: Two years after flats handed over, Vardhman Mantra gets OC – ET RealEstate

GURUGRAM: The department of town and country planning (DTCP) on Monday issued the occupation certificate (OC) to Vardhman Mantra, a group housing society in Sector 67, providing major relief to about a thousand families. Launched in 2010, the project is spread over 11 acres and has 1,207 units in 15 towers. The builder had promised […]

Gurugram: Finally, Suncity residents may get a boundary wall – ET RealEstate

GURUGRAM: After a series of requests, the district authorities have finally paid heed to the pleas of Suncity residents to construct a boundary wall around the township in Sector 54. More than 2,000 families residing in the township abutting the Aravali forest range say they feel vulnerable without a boundary wall. On Friday, officials from […]

Corporate employees bid adieu to Gurugram amid prolonged WFH model – ET RealEstate

Last month, the Haryana government allowed private corporate offices in Gurgaon to operate with 100% capacity. One would assume that this would mean the hundreds of offices in the Millennium City would be abuzz with workers again. However, many offices in Gurgaon are opting to prolong their work from home (WFH) models indefinitely (or at […]

Ansal Housing raises Rs 100 crore from SWAMIH for its project in Gurugram – ET RealEstate

Ansal Housing has raised around Rs 100 crore for its Ansal Highland Park project in Sector 104, Gurgaon, from the government-backed Special Window for Affordable and Mid Income Housing (SWAMIH) Investment Fund. The project, which had been in limbo since 2012 due to a liquidity crunch, has reached financial closure with the new fundraising. “The […]

Gurugram civic body starts survey to track business units in residential areas – ET RealEstate

GURUGRAM: MCG has started a fresh survey to identify commercial establishments running illegally in residential areas. Officials said these establishments are not adding to the revenue of the civic body since it cannot issue trade licences to commercial units set up in residential areas according to the law. After collating the data of such establishments, […]

No takeover yet, but residents get Gurugram civic body bills – ET RealEstate

GURUGRAM: MCG is yet to take over the upkeep of the privately developed colonies of Sushant Lok 2 and 3, but some enthusiastic civic officials have already issued water and sewerage bills to the residents without offering them the services. Already reeling under financial stress due to the Covid-19 pandemic, these residents are now spending […]

As businesses drag, DLF sees rise in vacant office space – ET RealEstate

Vacancy at office space portfolio of country’s biggest real estate developer, DLF ltd has jumped from 1.3 million sq. ft. in Q4 20 to 3.7 million sq ft in Q4 21, signalling continuing impact of pandemic on commercial real estate business. With over 10 million sq. ft. of operational space, DLF Cyber City in Gurugram, […]

Gurugram civic body to take action against illegal commercial units – ET RealEstate

GURUGRAM: The MCG commissioner has directed the joint commissioners to send notices to owners of commercial properties operating without a trade licence in the city. According to property tax records, there are 66,000 commercial units in the city. But a majority of them don’t have a trade licence, officials said. “The commercial units in the […]

Gurugram: Suncity residents struggle to get rainwater pits operational – ET RealEstate

GURUGRAM: At a time when depleting underground water is a major concern in the city, residents of Suncity are struggling to get four rainwater harvesting pits (RWH) operational since last one year. The residents complained that the Municipal Corporation of Gurgaon (MCG) had initiated the construction of four RWH pits in the colony in September […]

Now, apply online for affordable homes in Gurugram – ET RealEstate

GURUGRAM: To streamline the allotment of flats under the affordable housing scheme of Haryana and eliminate the chances of any manipulation, the department of town and country planning (DTCP) has introduced a digital draw system. Now, forms for an affordable housing scheme will have to be filled on the DTCP portal and the draw of […]