Tag: Haryana

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RERA Orders Builder of Expressway Towers to Pay 11% Interest

GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has instructed the developer of a high-rise condominium—a budget-friendly housing initiative in Sector 109—to compensate the buyer for delays in possession and to deliver the apartment as stipulated in the purchase agreement. The unit, number 908 in Tower 3 at Expressway Towers 109, was bought for ₹26.26 lakh nine years ago. The builder had promised timely delivery of the 644-square-foot flat, along with a 100-square-foot balcony, but failed to meet the four-year deadline from the allotment date of May 19, 2017. HRera (Gurgaon) ordered the builder to pay interest at an annual…

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Haryana Digitizes Land Bank, Joins India’s Industrial Network

Certainly! Here’s a rewritten version of the content: CHANDIGARH: The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) is enhancing its industrial infrastructure by digitizing its land bank module and aligning it with the India Industrial Land Bank (IILB). According to an official announcement made on Monday, e-auction processes and post-allotment services are now available online. The state is also advancing “plug and play” facilities through the establishment of flatted factories in strategic locations, including Industrial Model Township Faridabad, IMT Manesar Phase-V, Sohna, Kharkhoda, Karnal, Yamunanagar, and Saha. Haryana is committed to becoming one of India’s most business-friendly states, taking…