Tag: Delhi-NCR

Latest StoriesResidential

Arjun Sharma Acquires South Delhi Property for ₹125 Crore

Representative Image Arjun Sharma, co-founder of Delhi’s Select City Walk mall and now a non-executive director at Nexus Select Trust, has acquired an extensive bungalow in South Delhi’s West End for ₹125 crore, according to exclusive documents from the data analytics firm CRE Matrix. Sharma purchased the property through Select World Tours, where he serves as director. Documents indicate that Sharma has paid ₹8.75 crore in stamp duty for this transaction. “West End remains highly desirable as there are only about 100 bungalows, and sales are rare. The colony has A, B, and C sections, each with distinct plot sizes.…

InfrastructureLatest Stories

Delhi Minister: Strict Action on Construction Ban Violations

NEW DELHI: As air quality in Delhi hovers around the ‘severe’ mark, Environment Minister Manjinder Singh Sirsa announced on Saturday that stringent actions will be taken against polluting industries and anyone breaching the construction ban in the national capital. According to predictions from the India Meteorological Department, a western disturbance is expected to influence Delhi on Sunday, potentially exacerbating the already poor air quality. Currently, GRAP 4 restrictions are enforced citywide. Sirsa noted that authorities are receiving multiple complaints regarding construction activities continuing despite the ban. He warned violators of strict consequences. He instructed all industries in Delhi to adhere…

InfrastructureLatest Stories

Delhi fines construction sites ₹33.95 lakh for GRAP-IV violations

NEW DELHI: The Municipal Corporation of Delhi (MCD) has imposed fines totaling ₹33.95 lakh on construction sites over the last week for breaching guidelines outlined in the Graded Response Action Plan (GRAP) aimed at reducing air pollution, officials announced on Saturday. The MCD stated that construction and demolition activities are strictly banned in Delhi during the GRAP-IV phase, following directions by the Commission for Air Quality Management (CAQM) and orders from the National Green Tribunal (NGT). Enforcement teams from the MCD conducted inspections across all zones, verifying 1,792 construction sites and issuing 771 fines where violations were identified. In November,…

CommercialLatest Stories

Starlink Leases Office Space in New Delhi with CorporatEdge

Elon Musk’s Starlink has secured its first office in northern India by partnering with premium flexible workspace provider CorporatEdge, according to two sources familiar with the matter. The new 50-seater office is located at the World Trade Center in Nauroji Nagar, Delhi—a location also chosen by OpenAI for its first office in India. Earlier this month, Starlink displayed comprehensive residential pricing on its local website, indicating an upcoming launch in India, although they later clarified that this was due to a glitch. As firms like OpenAI and Starlink establish their presence in India, a centralized location in Delhi allows them…

Latest StoriesRegulatory

Delhi HC fines ‘serial litigant’ for multiple construction pleas

NEW DELHI: On Thursday, the Delhi High Court imposed a fine of Rs 50,000 on a ‘serial litigant’ who had filed multiple petitions related to illegal construction in the national capital but failed to follow up on them. This decision was made by Justice Mini Pushkarna while reviewing the fifth writ petition from the same litigant concerning illegal construction in the RK Puram area. The judge noted a pattern of filing without follow-through. In an order dated December 2, the court stated, “It is evident that the petitioner is a serial litigant and has submitted a number of writ petitions…

Latest StoriesResidential

Faridabad: Kot Residents Challenge New Land Plan in HC

GURUGRAM: Residents of Kot village in Faridabad have approached the Punjab and Haryana High Court regarding a new land consolidation plan. Their main concern is that the plan may deprive plots of access roads, leading farmers to resort to distress sales. This action follows the government’s recent withdrawal of an existing scheme, replaced by a new notification just three days later in October 2025. Yash Pal, the Director of Consolidation of Holdings, explained that the previous consolidation scheme for Kot was revoked because its conditions were deemed “not suitable or practical” and contradicted the Consolidation Act. Consequently, land was removed…

IndustryLatest Stories

Prestige Group Scraps Lutyens’ Plan, Sells Bungalow

Representative Image NEW DELHI: The Prestige Group from Bengaluru, which purchased a bungalow from TDI Infratech on Kasturba Gandhi Marg in Delhi for the development of a luxury boutique project, has withdrawn from the deal due to approval delays. The firm has sold the property for approximately ₹450 crore, after acquiring it two years ago for about ₹300 crore. TDI retained ownership of the Lutyens Delhi property intended for redevelopment. Initially set as a joint development agreement, Prestige eventually acquired the asset entirely. The property covers 5,100 square yards, with a projected revenue potential of ₹700 crore. Sources indicate that…

InfrastructureLatest Stories

NDMC Launches Cleanliness Drive in Major Areas

Representative AI image NEW DELHI: On Friday, the New Delhi Municipal Council (NDMC) launched a large-scale initiative to combat dust pollution and improve cleanliness in key residential and commercial areas. According to NDMC, multiple departments are collaborating on this effort. An official statement highlighted active involvement from the three core departments: Public Health (Sanitation), Horticulture, and Civil Engineering, ensuring a thorough execution. A spokesperson mentioned that NDMC teams engaged in mechanized sweeping, silt removal from side channels, essential repairs, and maintenance of green spaces. “These coordinated efforts aim to significantly reduce dust pollution and enhance the overall environmental quality of…

Latest StoriesRegulatory

ED Raids Angle Infrastructure, RP & Nauseva Buildwell in Delhi-NCR

CHANDIGARH: The Directorate of Enforcement (ED) from Gurugram Zonal Office conducted search operations in the Delhi-NCR region on Friday, targeting M/s Angle Infrastructure Pvt. Ltd., the resolution professional, and Nauseva Buildwell LLP along with its partners, under the Prevention of Money Laundering Act (PMLA), 2002. The searches were initiated based on evidence suggesting potential collusion during the Corporate Insolvency Resolution Process (CIRP) of the corporate debtor, resulting in the seizure of Rs 33 lakh in unexplained cash and various digital devices. The ED’s investigation was prompted by FIRs filed by Gurugram Police and the Delhi Economic Offences Wing, citing allegations…

InfrastructureLatest Stories

DDA Demolishes Illegal Farmhouses in Sainik Farms, Recovers 4.5 Acres

NEW DELHI: On Friday, the Delhi Development Authority (DDA) conducted a demolition operation in Tilpath Valley, located in the Sainik Farms area of south Delhi, targeting illegal constructions on land designated for a biodiversity park. Officials confirmed that the demolished structures were not protected under the National Capital Territory of Delhi (Special Provisions) Act, 2014, which typically shields jhuggi jhopri (JJ) clusters from demolition. The action specifically took place on Khasra numbers 595, 596, and 620. During an initial phase of the operation on December 5, nine properties were identified by the DDA. Out of these, five properties—including two fully…