Builders will now be required to pay more money to the government as a labour cess, which will be used to fund various welfare schemes for labourers. The Delhi government’s labour department has revised the formula for calculating the cess for the first time since it was imposed in January 2006. The government has collected […]
Builders in Delhi must pay a higher labour cess.more
On March 31, the Yamuna Expressway Industrial Development Authority (YEIDA) cancelled plots allotted to eight builders who had failed to begin construction on sites handed over to them over a decade ago. In total, the industrial authority reclaimed 2.2 lakh square metres from private developers and issued a forfeiture order for Rs 27.3 crore in […]
After lying dormant for ten years, YEIDA reclaims plots from firms.more
On March 11, D B Realty announced that its joint venture partner DBS Realty had received a letter of acceptance from the Municipal Corporation of Greater Mumbai (MCGM) to build 4,000 tenements. “In response to the firm’s online e-offer/online e-tender, DBS Realty, a partnership firm in which D B Realty Ltd is a one-third partner, […]
MCGM approves DB Realty’s partnership firm to build 4,000 apartments.more
According to officials, a web-based portal displaying layout plans of various regions of Delhi was inaugurated on Monday to make old records accessible to the public. According to them, the work was assigned to the Delhi Development Authority (DDA) by the Union Ministry of Housing and Urban Affairs as part of the government’s ‘Ease of […]
The DDA has launched a web portal that displays Delhi’s layout plans.more
The Delhi government is targeting office building complexes, shopping malls, residential colonies, and group housing societies in the city to strengthen the city’s network of Electric Vehicle (EV) charging stations. While the government recently released a step-by-step guide for shopping malls to install chargers, officials said a similar guide for residential colonies would be released […]
The Delhi government will provide guidance on electric vehicle charging in residential colonies.more
The EDMC House scrapped a proposal to impose new taxes in its annual budget on February 8, according to officials. The move comes ahead of the civic elections in Delhi, which are scheduled for April. Previously, on December 29, the standing committee of the BJP-led East Delhi Municipal Corporation (EDMC) rejected a proposal in the […]
East Delhi’s civic body has rejected a proposal to levy new taxes.more
The Delhi High Court has stepped in to help hundreds of “beleaguered” homebuyers by prohibiting banks/Housing Finance Companies (HFCs) from taking coercive action to recover EMIs for unfinished projects. Justice Rekha Palli recently granted an interim stay of proceedings in favour of homebuyers who invested in projects where the builders were supposed to pay EMIs […]
There will be no coercive action to recover EMIs for stalled real estate projects: Delhi High Courtmore
Artist Do’s artwork turning heads with a realistic yet whimsical depiction of Delhi December 29, New Delhi: Kashmere Gate Metro Station, a gateway between the charms of Old Delhi and the modern, contemporary New Delhi, gets a new identity with a mural at Eldeco Junction. As the commuters enter the premises of the metro station, […]
Story of Delhi narrated by a mural at Eldeco Junction, Kashmere Gate.more
Strengthens Senior leadership with appointment of Anuj Nangpal as CEO. Mumbai – December 13, 2021: Smartworks, India’s leading Enterprise-focused Managed office space provider, today announced the launch of its new venture, Smartworks Technology Services. The new venture aims to launch a Building Operating Platform and Workspace Management SaaS product targeted at landlords and organizations globally, centered on […]
Smartworks announces investment of US$25 Mn in its new Venture – Smartworks Technology Services.more
The project offers modern amenities at affordable prices, and it is the only row house development in the region. Mumbai, 17th December 2021: VBHC Value Homes Private Limited (formerly known as Value and Budget Housing Corporation Private Limited), today announced the pre-launch of their new project “VBHC Rowland Park”, in Palghar, Maharashtra. The Rowland Park […]
VBHC announces pre-launch of the “VBHC Rowland Park” in Palgharmore
