As part of a landmark judgment, the Haryana Real Estate Regulatory Authority – Gurugram bench has asked the Town and Country Planning Department (DTCP), Haryana, to withdraw the Completion Certificate (CC), or Occupation Certificate (OC), issued to projects that are yet to complete the development.
New York-headquartered collaborative workspace firm WeWork’s India arm plans to double the co-working space it offers in the country to 6 million square feet in 2019 and expand its presence to cities including Chennai, Pune and Hyderabad by the end of next year. The company
In a landmark decision, the Haryana Real Estate Regulatory Authority (HRERA) said that all real estate projects will have to mandatorily register with it. The authority asserted that all ongoing real estate projects and those which have been completed come under its purview as per
The Supreme Court identified 16 estates belonging to beleaguered property developer Amrapali Group to raise funds for stalled projects. The court directed the sale of assets owned by all of the company’s directors, their family members and related companies. The case relates to the embattled
Realty major DLF will now invest over Rs 1,400 crore to develop a commercial project in Gurugram after the firm received the green nod to expand the office space by nearly 1 million square feet area. After the Haryana government increased the floor area ration
The Haryana government has announced that it has prepared a draft Panchgram Development Authority Bill, for the development of five cities, together labelled as ‘Panchagram’, on either side of the Kundli-Manesar-Palwal Expressway The Haryana government has decided to develop five new cities along the Kundli-Manesar-Palwal
Haryana’s town and country planning department (DTCP) says it has cancelled the licences of and taken over 15 stalled real estate projects across the state. The step, which comes days after the state-run National Buildings Construction Company (NBCC) was roped in to revive Amrapali’s unfinished
Realty major DLF is in talks with private equity players to raise funds for the development of a commercial property on 11.76-acre land in Gurugram that it recently bought for about Rs 1,600 crore, a senior company official said on Saturday. India’s largest realty firm
Conceptualized under the Gurugram Master Plan 2021, Dwarka Expressway or the Northern Peripheral Road (NPR) was initially planned to connect Dwarka in Delhi to Palam Vihar in Gurugram. However, it was further extended to the Kherki Daula toll plaza, intercepting NH-48, as per the Master
Even though the real estate sector in India has witnessed a slowdown in recent times, properties in Delhi-NCR continue to witness interest from buyers, in anticipation of price corrections and owing to demand from the growing migrant population who seek accommodation. Delhi-NCR, hence, continues to
