NEW DELHI: Sunteck Realty (SRL) has secured a joint development agreement (JDA) for a project on approximately 3.5 acres (13,500 sq meters) of land in Mira Road, Mumbai.
The company forecasts a saleable area of about 5.5 lakh sq ft from this development.
The estimated gross development value (GDV) of the project is around ₹1,200 crore.
Certainly! Here’s a revised version of the content: — CHANDIGARH: The Chandigarh Municipal Corporation is launching a significant reform to enhance fire safety in the city. This initiative involves empaneling certified third-party agencies to conduct fire safety audits for over 25,000 commercial and institutional buildings, including schools, hospitals, offices, factories, shopping malls, and high-rises. This effort comes in response to increasing concerns regarding substandard firefighting equipment and inadequate preparedness among building occupants. Currently, there are no regulations governing the suppliers or installers of fire safety systems, often resulting in inferior installations that fail during emergencies. Certified agencies will carry out…
PUNE: In response to recent protests from some residents, the Pune Municipal Corporation (PMC) has announced a new amnesty scheme for property tax defaulters, set to launch from November 15, 2025, until January 15, 2026. “The monthly penalty of 2% has now surpassed the original tax amount, prompting this initiative, which will provide a 75% waiver on penalties,” explained PMC’s additional commissioner, Prithviraj BP. Recently, the citizens’ group Sajag Nagrik Manch criticized the effectiveness of such schemes, stating that previous efforts have failed to encourage defaulters to pay their dues. According to the Maharashtra Municipal Corporations Act, a 2% monthly…
Representative AI image NOIDA: In a significant move to address longstanding industrial allotments, the Yamuna Expressway Industrial Development Authority (YEIDA) has issued notices to 366 plot allottees, requiring them to complete their lease deeds within 10 days or face cancellation. According to officials, allottees were previously provided a checklist of required documents for lease deed execution. However, many have failed to complete the registration process despite multiple reminders. Incomplete registrations have delayed the possession of industrial plots throughout Yamuna City, hindering manufacturing efforts in a region where the state government is actively promoting industrial growth. “Executing the registry is crucial;…
