IndustryLatest Stories

Harmony Infra Ventures to Invest ₹550 Crore in Ghaziabad Project

NEW DELHI: Harmony Infra Ventures has assumed full ownership of The Horizon Residences, a ₹1,600 crore residential endeavor located in Indirapuram, Ghaziabad. HS Kandhari, co-founder and executive director of the firm, mentioned that ₹550 crore will be invested in this project, with substructure work already in progress across the two G+33 towers. The project features 264 residences with pricing starting at ₹5.99 crore. It is compliant with the Real Estate Regulatory Authority and has secured all necessary approvals. Indigo Infraprojects is responsible for the foundation work, which includes deep excavation, piling, diaphragm wall construction, shoring, and other ground engineering tasks…

Latest StoriesRegulatory

Ghaziabad: Builder Must Return Deed, Compensate Homebuyer

GHAZIABAD: The district consumer disputes redressal commission has partially upheld a complaint from an Indirapuram resident against the developers of Shipra Krishna Srishti. The commission found the builders liable for not providing the original registered sale deed of a flat to the lender as stipulated in a tripartite agreement. The commission has instructed the builders to deliver the original sale deed to HDFC and provide a photocopy to the complainant, Rajesh Bhalla, within 15 days. If they fail to comply, they must issue a public notice in two national dailies at their own expense, stating that the original deed for…

Latest StoriesResidential

Ghaziabad Body to Review Recurring Fires in Societies

GHAZIABAD: Following two major fires in Indirapuram within a month, the district administration has requested reports from the Ghaziabad Development Authority, the discom, and the fire department. A review meeting is scheduled for June 2, officials announced on Friday. The recent fire incidents in Ghaziabad’s Indirapuram—specifically in Gaur Green Avenue and Gaur Biz Business Park—have intensified worries regarding fire safety and emergency response in high-rise residential and commercial buildings. On April 29, a fire erupted in a flat in Tower D of Gaur Green Avenue, affecting five floors and damaging at least 13 apartments. Residents were evacuated safely, and while…

Latest StoriesResidential

Over 40 Ghaziabad housing societies fail fire safety test

GHAZIABAD: Buildings taller than 15 meters or covering over 500 square meters that do not possess a valid fire no-objection certificate (NOC) will incur all costs related to firefighting operations, warned Chief Fire Officer Rahul Pal on Monday. This notice followed the fire department’s issuance of warnings to 43 housing societies in areas like Indirapuram, Crossings Republik, and Raj Nagar Extension for lacking functional fire safety equipment. In the last two weeks, inspections at more than 165 societies revealed numerous violations, including encroachments and blocked access for fire tenders. This initiative was prompted by a recent fire at Gaur Green…

Latest StoriesResidential

Ghaziabad: Charred Green Avenue Flat Owners Demand FIR Against RWA

File Photo GHAZIABAD: Almost two weeks after the fire at Gaur Green Avenue on April 29, residents of the affected flats are considering legal action against the residents’ welfare association (RWA). They allege that unauthorized constructions obstructed emergency access and that fire safety systems were not adequately maintained. Rajnish Kumar, an architect whose 11th-floor flat was destroyed, has contacted the chief minister’s office, district magistrate, and police commissioner, requesting an FIR against the RWA officials. He claims that illegal construction around the swimming pool area impeded fire tender access, letting the fire spread to upper floors. “The fire started in…

InfrastructureLatest Stories

GDA Approves ₹100 Crore for 100m Cranes Post-Indirapuram Fire

Certainly! Here’s a rewritten version of the content: GHAZIABAD: The recent fire at Gaur Green Avenue has prompted urgent reassessments among residents of high-rise gated communities and local authorities throughout NCR. In response, the Ghaziabad Development Authority approved a budget of ₹100 crore to purchase two hydraulic platforms, each capable of reaching heights of up to 102 metres—approximately 35 floors—significantly surpassing the current platform’s 42-metre limit, which equates to 14 storeys. “We have opted to skip the lengthy approval process from the board and move forward with the immediate procurement of the two platforms,” commented an official from the Authority.…

IndustryLatest Stories

42 Ghaziabad Buildings, Including Hospitals, Violate Fire Safety

GHAZIABAD: The fire department has identified 42 buildings, which include residences, hospitals, and hotels, as ‘unsafe’ for failing to meet fire safety regulations. Following inspections between 2017 and 2026, the department discovered that approximately 51 buildings were non-compliant with safety standards. A report was submitted to the district court, leading to legal proceedings against these establishments. To date, only nine have upgraded their fire safety systems, which the fire department has approved. Chief Fire Officer (CFO) Rahul Pal stated that regular inspections are conducted to ensure compliance. “When irregularities are detected, we issue notices and provide a stipulated timeframe for…

Latest StoriesResidential

Saya Group to invest ₹550 crore in Ghaziabad project

NEW DELHI: Saya Group, a real estate company, has established a joint venture to create a luxury housing project in Ghaziabad, investing Rs 550 crore for the construction of 264 flats. The partnership with Harmony Infra will yield an ultra-luxury residential project named ‘The Horizon Residences’ located at Indirapuram, Ghaziabad. “We have secured around 2 acres of land in Indirapuram for this luxury development, which will feature 264 units,” said Vikas Bhasin, MD of Saya Group, during a press briefing. The company plans to market homes within the price range of Rs 6 crore to Rs 8.5 crore. Regarding the…

InfrastructureLatest Stories

GDA to Accelerate Indirapuram Township Amid Price Surge

Representative image created by AI GHAZIABAD: The Ghaziabad Development Authority (GDA) is ready to expedite work on the long-stalled Indirapuram Extension township project, prompted by a significant rise in property prices and renewed housing demand in the vicinity. Spanning 230 acres along the Delhi-Meerut Expressway, this project was first introduced nearly two decades ago but faced delays due to farmers’ protests concerning land acquisition. Now, with the market gaining momentum, the GDA vice-chairperson has instructed the engineering department to create a comprehensive layout plan. As per GDA officials, the average circle rates in Indirapuram are pegged at Rs 8,825.7 per…

Latest StoriesResidential

GDA May File FIR Over 134 Extra Flats in Ghaziabad Society

GHAZIABAD: The GDA is set to take action against current and former officials who permitted a private developer to construct and sell 134 additional flats beyond the approved 400 units at Express Garden society in Indirapuram’s Vaibhav Khand back in 2005. A GDA panel, established under the direction of the Allahabad High Court, is expected to present its findings to the Authority’s additional secretary later this week. The high court is scheduled to review the case in September. Officials familiar with the committee’s recommendations noted that it has suggested filing an FIR against the architect, the developer, and the GDA…