Category: Latest Stories

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CommercialLatest Stories

India Accelerator and IREP to invest ₹100 crore in NCR workspaces

Representative Image NEW DELHI: International Real Estate Partners (IREP) has joined forces with India Accelerator to unveil a managed office workspace platform dubbed IREPworkspaces, backed by a ₹100 crore investment over the next 18 months. The initiative is set to establish a presence of nearly nine lakh sq ft across prominent commercial hubs in the National Capital Region (NCR). The initial phase will involve launching 12–15 managed workspace centers in NCR, aiming to create approximately 15,000 seats. The expansion will concentrate on micro-markets such as Golf Course Extension Road, Udyog Vihar, and the Noida Expressway. The company has already secured…

Latest StoriesRegulatory

Pune civic body bags ₹713 crore from extended property tax amnesty

PUNE: Civic Commissioner Naval Kishore Ram announced on Monday that the property tax amnesty scheme has been extended until February 16. The Pune Municipal Corporation (PMC) reported collecting around ₹713 crore from tax defaulters during the initial two months of the scheme, which originally concluded on January 15. “The response to the scheme was positive. However, election-related factors impacted collections. This extension allows more property owners to take advantage of it,” Ram stated during a press briefing after the Standing Committee meeting. Additionally, Ram noted that the administration is in the final stages of preparing the municipal budget for 2026–27,…

Latest StoriesResidential

DTCP Discusses Jurisdiction Laws with Gurugram Residents

GURUGRAM: A long-standing dispute regarding the applicable law for DLF 1 to 5 was the focus of a detailed discussion on Monday. The Department of Town and Country Planning (DTCP)—in accordance with a November 26, 2025, order from the Punjab and Haryana High Court—conducted a public hearing to address residents’ concerns about jurisdiction. Over 100 residents participated in the session. Following the hearing, the DTCP confirmed that all violations identified in DLF 1-5 pertain to license conditions under the Haryana Development and Regulation of Urban Areas (HDRUA) Act, 1975, thereby validating their actions. Residents were permitted to voice objections, and…

Latest StoriesResidential

YEIDA to Offer Residential Plots Near Noida Airport

Representative Image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has revealed plans for a new residential plot scheme near the upcoming Noida International Airport, slated for launch in January. As part of this scheme, YEIDA will offer 973 residential plots in various sizes: 162, 183, 184, 200, 223, and 290 sqm. These plots will be located in Sectors 15C, 18, and 24A, all conveniently close to the airport. Specifically, the scheme includes 476 plots of 162 sqm, 4 plots of both 183 sqm and 184 sqm, 481 plots of 200 sqm, 6 plots of 223 sqm, and 2 plots…

InfrastructureLatest Stories

GRAP-4: Open C&D Waste and Road Work Issues in Gurugram

Representative Ai image GURUGRAM: GRAP (Graded Response Action Plan) Stage 4 is currently active across the NCR, but enforcement appears lacking. Local authorities may announce crackdowns, yet Gurgaon streets resemble dust zones. “Dust is everywhere,” remarked Komal Yadav, a resident of Sushant Lok 1, as construction, road excavation, and debris dumping continue despite strict anti-pollution measures. A recent check by TOI revealed ongoing construction and roadwork at various locations, including IFFCO Chowk, Sector 28, Sector 23, Palam Vihar, Sushant Lok 1, and Maruti Vihar. Stage 4 of GRAP, implemented during severe air quality events, aims to restrict dust and emissions…

IndustryLatest Stories

Lokhandwala Complex in Mumbai Set for Redevelopment Expansion

MUMBAI: In 1984-85, construction began sweeping through the lush mangroves and marshlands of Andheri West, leading to the establishment of a premium housing estate. Now, 41 years later, Lokhandwala Complex is experiencing a new wave of redevelopment driven by necessity and the Fear of Missing Out (FOMO). Divided into four parallel lanes, Lokhandwala is a self-sufficient township with hundreds of shops catering to all needs, from basic essentials to luxury items. Now, the skyline is set to shift. From the Svati building—site of the notorious 1991 Lokhandwala shootout—to Apna Ghar societies and beyond, demolition and new construction are accelerating, with…

InfrastructureLatest Stories

Survey of Urban Slums Planned for 2027

NEW DELHI: The Ministry of Statistics and Programme Implementation is set to conduct a nationwide survey on urban slums in 2027. This survey will aim to gather comprehensive data on the living conditions of residents in these areas. The survey will take place more than ten years after the last one, providing crucial insights into the number of slums and households, as well as their access to electricity, drainage systems, garbage disposal, road infrastructure, housing quality, and drinking water. Additionally, it will evaluate how conditions in these areas have changed over time, which will inform future policymaking. “We have surveys…

InfrastructureLatest Stories

Illegal construction in Rajpur ravines despite HC ban

DEHRADUN: Residents of Rajpur have raised concerns regarding uncontrolled construction in the area’s natural ravines, claiming it violates a high court order from last year that prohibits encroachment on ravines and nalas. They’ve highlighted the region’s seismic vulnerability, pointing to the rise of numerous high-rise buildings, some even under construction, seemingly without sufficient oversight. This situation is exacerbated by increasing pollution, traffic jams, and significant tree loss in Dehradun. “Given that the capital’s ecology is already on unstable ground, why are authorities allowing such construction? Why are licenses being granted for development in ecologically sensitive areas when sub-divisional magistrate reports…

Latest StoriesRera

Punjab RERA: Recover ₹25 lakh from GMADA for plot delay

MOHALI: The Real Estate Regulatory Authority (Rera), Punjab, has instructed the Mohali deputy commissioner to recover ₹25,89,659 from the Greater Mohali Area Development Authority (Gmada), designating it as a judgment debtor for not providing timely possession of a plot auctioned in IT City back in 2016. The directive, issued under Section 40 of the Real Estate (Regulation and Development) Act, 2016, empowers Rera to collect dues as arrears of land revenue. A formal Recovery Certificate has been dispatched to the Deputy Commissioner for enforcement. The complainant, Amandeep, a resident of Chandigarh’s Sector 21-A, stated that he bought a 256-sq-yard plot…

Latest StoriesRegulatory

HC Seeks Noida’s Response to SC Order on Land Payment

NOIDA: The Allahabad High Court has requested clarification from the Uttar Pradesh government and Noida Authority regarding compliance with the Supreme Court’s July 10, 2024, ruling mandating compensation to landowners under the 2013 Land Acquisition Act. A division bench consisting of Justices Mahesh Chandra Tripathi and Kunal Ravi Singh has sought information about whether the compensation has been reassessed and issued according to the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, which generally offers higher payments including revised market value, solatium, and interest. The Noida Authority acquired land for industrial development under the…