[ad_1] representative image NEW DELHI: The net leasing of office space rose 54 per cent year-on-year to 127.8 lakh square feet in January-March this year across seven major cities on higher demand for workspaces from corporates, according to JLL India. Real estate consultant JLL said the net absorption is calculated as the new floor space…
[ad_1] representative image NOIDA: To speed up land allotment, Yamuna Expressway Industrial Development Authority (YEIDA) will now issue a reservation letter for 7% abadi (residential) plots to farmers whose land is acquired for development projects at the time of settlement. The location and area of the allotted plot will also be communicated at this stage….
[ad_1] representative image NOIDA: Greater Noida Authority has recommended the suspension of six officials, including managers and assistant managers, for alleged irregularities and procedural violations in the allotment of residential plots under a scheme launched two years ago. In Feb, the Authority had recommended the suspension of five more officials, including an SDM, over similar…
[ad_1] representative image AHMEDABAD: Prime plots are once again up for grabs as the Ahmedabad Municipal Corporation (AMC) opens fresh registrations for nine properties —with a massive base price of Rs 920.48 crore. This includes two prime commercial plots near Sindhu Bhavan Road, valued together at Rs 333.26 crore. The civic body hopes will fetch…
[ad_1] MANGALURU: In a show of dissent, several families staged a protest in front of the Gurupura Nada Kacheri, under the banner of the Kuppepadavu Niveshana Rahithara Horata Samithi, condemning the failure of authorities to allot land even years after issuing title deeds. Back in 2018, under the leadership of MLA Bharath Shetty, 97 families…
[ad_1] NEW DELHI: DLF has entered into a definitive master framework agreement (MFA) with Srijan Realty and its subsidiaries Makalu Builders LLP and Gangapurna Projects LLP for sale of its IT/ITeS SEZ situated in Kolkata for a consideration of ₹693 crore on a slump sale basis. The sale comprises of freehold land parcel admeasuring ~25.90…
[ad_1] representative image LUCKNOW: The Uttar Pradesh govt is considering revising building bylaws to promote small and medium businesses and stimulate economic activity within urban centres. The state also plans to encourage vertical growth in key urban centres by allowing increased building heights and the construction of usable space (built-up area). Moving towards deregulation, the…
[ad_1] representative image HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has issued a public caution against Krithika Infra Developers Pvt. Ltd. and Krithika Infra Developers, citing multiple complaints of fraud involving their project ‘Sheshadri’s Silver Oak’ at Boduppal village in Medchal-Malkajgiri district. According to authority, complainants alleged that despite paying full or partial…
[ad_1] representative image India’s second-largest software services exporter Infosys’ business process management arm has leased around 130,000 sq ft office space at an IT and business park in Pune’s Hinjewadi locality through a 36-month lease agreement. The leased office space is spread over five floors spanning two commercial towers at Embassy Tech Zone, part of…
[ad_1] representative image PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced new guidelines that will prioritise complaints filed by homebuyers suffering from terminal illnesses, provided they submit valid medical certification. Its April 8 circular aims to clear a backlog of more than 8,000 cases and counter the allegations that high-profile litigants always jump…