Gurgaon
The Punjab and Haryana high court has barred the state government and other agencies from issuing fresh licenses for any construction activity in Gurgaon unless builders gave an undertaking to not draw underground water. Raising concerns about the depleting groundwater level in Gurgaon, the bench asked the state officials to give details of how many [...] Continue Reading »
The tussle between public and private authority has pushed back development in Gurgaon. Almost the entire area of ward 34 comes under private developer DLF in New Gurgaon. Due to this, the authority of the Municipal Corporation of Gurgaon (MCG) in the area remains constrained. The councilor of the area has also been in a [...] Continue Reading »
Gurgaon will procure a new ‘signal-free’ road by 2014, developed by IL&FS Engineering and Construction Company. The firm has announced that it has won Rs 394.3 crore contract from India’s largest real estate developer DLF for construction of a road in Haryana. The 8.3 km road, starting from NH-8 to sector 55/56 at Gurgaon, will [...] Continue Reading »
Germany-based global hospitality major Worldhotels is planning to expand its business in India. The company had announced its tie-up with Hyderabad-based Golkonda Hotels by planning to run 20 properties by the end of next year. Currently the firm runs 12 properties including Asiana Hotel in Chennai, The Claridges in Delhi, Pride Park Premier in Gurgaon, [...] Continue Reading »
Tata Group, which is currently building a shopping mall in Amritsar, plans to take its Trillium mall brand nationwide in order to outfit in the country’s beneficial modern retail sector. The 700,000 sq ft mall will be ready by the end of this year or by early next year. The company has three more malls [...] Continue Reading »
In an exceptional move, the Supreme Court has put a stay on Municipal Corporation of Gurgaon (MCG) on collection of house tax from the residents of private developers’ areas. The SC took a side with the Gurgaon citizen council as the latter argued that they had already been paying taxes to the developers and the [...] Continue Reading »
The Supreme Court’s order regarding property tax collection from private developers’ area will not have any impact on the revenue generated from house tax, claimed the Municipal Corporation of Gurgaon. The corporation hopes to earn Rs 500 crore through the property tax collection with the current fiscal budget. Senior officers have claimed that behalf of DLF’s [...] Continue Reading »
Sobha Developers, Bangalore-based real estate company, has given a new sales guidance for the year of $363 million (Rs 2,000 crore) for this fiscal. For the same period last year, the developer managed sales of $309 million (Rs 1,700 crore). In the second quarter of FY12, the realtor launched Sobha West Hill in Coimbatore. It [...] Continue Reading »
The residents of Mayfield Gardens in Gurgaon suffered without any electricity and water for more than 24 hours as their transformer of 630 KVA power got burnt on Saturday night. Government bodies, like Town & Country Planning Department and HUDA said they were helpless and asked the residents to sort out the problem on their [...] Continue Reading »
Residents of Yamunanagar town, Jind and Gurgaon, blocked the National Highway No. 73-A and also quarreled with the police protesting over power problem on Tuesday. The police even chose to a mild cane charge to scatter the protestors who were demanding regular power supply to their homes. Chief Minister Bhupinder Singh Hooda, told the residents [...] Continue Reading »
