Power woes in colonies as 16 builders fail to pay dues, Real Estate News, ET RealEstate

GURUGRAM: Several residential colonies are facing power woes as 16 developers have failed to clear dues of over Rs 317 crore for creating infrastructure for the hassle-free electricity supply to thousands of families. The developers of these residential colonies, where around 40,000 people live at present, have failed to set up around 20 sub-stations, required […]

Mohit Malhotra, Godrej Properties, Real Estate News, ET RealEstate

People are looking to buy homes, buy larger spaces and it has an implication for us from a product development perspective. But from a demand perspective, it has led to a very positive revival for the residential sector, said Mohit Malhotra, MD & CEO, Godrej Properties. Edited excerpts: What has been your outlook on the […]

Months after DTCP order, no boundary wall yet for BPTP Park Serene, Real Estate News, ET RealEstate

GURUGRAM: Residents of BPTP Park Serene in Sector 37 D have alleged non-compliance of department of town and country planning (DTCP) directions by the developer of the society. The residents complained that even after three months, the developer has failed to complete the construction of the boundary wall alongside the revenue road which is posing […]

Fire department issues notice to Mapsko for lapses in society, Real Estate News, ET RealEstate

GURUGRAM: The fire department issued a notice to the developer of Mapsko Casabella in Sector 82 after finding several shortcomings in the fire safety system installed in the society. The developer has been directed to rectify the problems and submit a compliance report within 15 days from the issuance of the notice that was given […]

Orchid Gardens’ residents & RWA lock horns over parking, access road, Real Estate News, ET RealEstate

GURUGRAM: Residents living in the economically weaker section (EWS) apartments of Orchid Garden in Sector 54 have alleged that the RWA has refused entry and parking to their vehicles in the premises. They further said the RWA has illegally constructed a grocery shop, resting room and lavatory for drivers, blocking the approach road to their […]

Mayfield Garden residents, Real Estate News, ET RealEstate

GURUGRAM: Disputes between various groups of residents and non-payment of maintenance charges has emerged as a major problem in several housing societies of Gurgaon, causing disruption of essential services. J-Block of Mayfield Garden in Sector 51 is one such society. The society has around 400 flats, out of which over 50% people are not paying […]

Umang Winter Hills’ residents, Real Estate News, ET RealEstate

Picture for representational purpose only. GURUGRAM: Homebuyers of Umang Winter Hills said they feel cheated as even after paying huge amount as external development charges, they are still not getting the basic facilities. Over 130 families live in the Sector 77 society for the past one year but find commuting very difficult in the area […]

Haryana government asks co-operative societies to put records online, Real Estate News, ET RealEstate

GURUGRAM: To reduce the number of fraud cases in property purchases, the Haryana government has decided that all records of the housing cooperative societies in the state will be taken online. The cooperation department has appealed to the members of the registered housing societies to submit their data for verification by the office of the […]

Asset management firm MPowered acquires one lakh sq ft in Gurugram, Real Estate News, ET RealEstate

Representative Image Asset management firm MPowered, which recently raised $ 21 mn in a pre-series A round from US-based investors, has acquired 100,000 sq ft of commercial space in Gurgaon. Apart from the acquisition cost, the company has invested Rs 12-15 crore in refurbishing the building into a Grade A asset. “We have converted this […]

DLF-3 residents to keep eye on illegal structures, Real Estate News, ET RealEstate

GURUGRAM: In a first in the city, the residents of DLF-3 have formed a committee to keep a check on unauthorised construction on plots earmarked for houses in the economically weaker section (EWS) category within the licensed colony. The committee will also prepare a database of all EWS plots, ownership details and violations noticed. The […]

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