HC land hurdle for 4 builders

Written by Jayanta Wednesday, 23 October 2013

( 0 Votes )GURGAON: The Punjab and Haryana high court has directed the department of town and country planning (DTCP) not to issue licences allowing change of land use (CLU) to four private firms for their group housing projects in Gurgaon. The order was passed by a division bench of justices Surya Kant and Surinder Gupta on October 3 after Pawan Bhatia, a...

DLF awards Rs 1337 cr construction contract to L&T for Gurgaon project

Written by Jayanta Wednesday, 23 October 2013

( 0 Votes )

India’s largest realty firm DLF today said it has given a Rs 1,337 crore contract to L&T for construction of its luxury residential project in Gurgaon. The company is developing a high-end housing project ‘The Crest’ in Gurgaon, comprising 765 units, of which about 250 flats have already been launched and sold. “DLF has appointed construction m...

Unitech inks Rs 1,000 crore office leasing deal with Accenture

Written by Jayanta Tuesday, 22 October 2013

( 0 Votes )NEW DELHI: Realty firm Unitech Group has leased 8.1 lakh square feet of space in its under-construction Gurgaon IT SEZ to Accenture in a deal that will give Rs 1,000 crore of rental income over 15 years. Unitech and its group firm Unitech Corporate Parks (UCP), which is listed in London, last week signed the lease deed with Accenture, sources...

Gurgaon sector not to be developed by builders: HC

Written by Jayanta Tuesday, 22 October 2013

( 0 Votes )Tribune News Service Chandigarh, October 19 The Punjab and Haryana High Court has made it clear that the land acquired for the development of Sector 48 in Gurgaon will not be “released, allotted or transferred in favour of private builder-cum-developer”. The ruling is significant as landowners before the High Court were claiming that the Haryana Ur...