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Nimbus Projects Gains ₹1,100 Crore Potential from UP Order

The Uttar Pradesh Industrial Development Authority (UPIDA) has instructed the Yamuna Authority to amend the land allotment for Nimbus Projects, granting an additional 1.1 million sq. ft. with a development potential valued at ₹1,100 crore. Following the company’s revision petition, the Principal Secretary of the Industrial Development Department, Uttar Pradesh Government, has directed the Yamuna Expressway Industrial Development Authority to reassess the land allocation, considering the interest previously paid by Nimbus. The revision petition was initiated after the company surrendered 55,219.178 sq. m. of a total of 102,995.70 sq. m. under the Project Settlement Policy (PSP). The Principal Secretary’s order,…

Pune civic body rejects property tax hike, PCMC keeps status quo

PUNE: Residents within Pune’s civic limits will not face an increased property tax, and those in Pimpri Chinchwad are also expected to be exempt from any hikes. The Pune Municipal Corporation’s (PMC) general body (GB) unanimously rejected a proposal on Wednesday to raise property tax by 5% for the upcoming fiscal year. Similarly, the Pimpri Chinchwad Municipal Corporation (PCMC) is unlikely to propose a tax increase for the 2026-27 financial year due to the absence of a standing committee, which is required to review such proposals. Last week, the PMC brought forth the 5% tax increase proposal, but corporators from…

Gurugram: Buyers of 2016 Stalled Project Fume Over Email Claim

GURUGRAM: Homebuyers of the stalled Expressway Towers affordable housing project in Sector 109 have reached out to Haryana’s top officials, alleging the misuse of official email channels to influence proceedings related to the delayed project. In a letter addressed to Haryana chief secretary Anurag Rastogi, additional chief secretary (town and country planning) Anurag Agarwal, DTCP director Amit Khatri, and HRera Gurgaon chairman Arun Kumar, the association reported that emails from a group of 33 allottees opposing a proposed takeover of the project were shared through official channels and formed the basis for HRera’s communications to DTCP. The association is calling…