October 2024

Chintels Paradiso: Tower A deemed unsafe for residents, says audit

Chintels Paradiso: Tower A deemed unsafe for residents, says audit

A structural audit of the Chintels Paradiso condominium at Gurugram Sector 109 has found an eighth tower in the complex — Tower A — to be unsafe for habitation, and has recommended that it be vacated, people aware of the development said on Wednesday. The Chintels Paradiso condominium at Sector 109 (HT Archive) Officials with Chintels India Ltd, the builder, said that they commissioned...

UPPCB imposes ₹33.5 lakh fine on violators of Grap Stage 1 guidelines

UPPCB imposes ₹33.5 lakh fine on violators of Grap Stage 1 guidelines

The Uttar Pradesh Pollution Control Board (UPPCB) has levied fines amounting to ₹33.50 lakh on those who violated the Stage 1 of the graded response action plan (Grap) guidelines in Gautam Budh Nagar, said officials on Wednesday. The penalties stem from construction activities that continued in violation of the guidelines imposed this week. (HT Archive) The penalties stem from...

Bengaluru rain: Normalcy slowly restores at submerged Manyata Tech Park as water being pumped out | Bengaluru

Bengaluru rain: Normalcy slowly restores at submerged Manyata Tech Park as water being pumped out | Bengaluru

Oct 17, 2024 08:14 AM IST The management of the Bengaluru tech park has pumped out the rainwater from the campus and the water-logged roads are now cleared. A day after rain created havoc in Bengaluru’s Manyata Tech Park and flooded the 300-acre campus, normalcy is slowly restoring at the campus. The management of the tech park has pumped out the rainwater from the campus and the...

Gross office leasing touches 66.7 mn sq ft in Jan-Sep period, to cross 80 mn sq ft in 2024

Gross office leasing touches 66.7 mn sq ft in Jan-Sep period, to cross 80 mn sq ft in 2024

Gross leasing of office space across top eight cities has crossed 66.7 mn sq ft in the last nine months and is expected to surpass 80 mn sq ft in 2024, according to Cushman & Wakefield’s Q3 2024 office data. Gross leasing of office space across top eight cities has crossed 66.7 mn sq ft in the last nine months and is expected to surpass 80 mn sq ft in 2024 (Representational...

Billionaire Ken Griffin’s Chicago luxury penthouse finds a buyer for a loss

Billionaire Ken Griffin’s Chicago luxury penthouse finds a buyer for a loss

(Bloomberg) -- Billionaire Ken Griffin has found a buyer for one of his luxury properties in Chicago, after cutting the asking price to half of what he originally paid. Billionaire Ken Griffin has found a buyer for one of his luxury properties in Chicago, after cutting the asking price to half of what he originally paid. REUTERS/Fred Prouser/File Photo(REUTERS) The Citadel founder’s...

Bengaluru rains cause disruptions, a few housing projects, malls and office complexes affected by flooding

Bengaluru rains cause disruptions, a few housing projects, malls and office complexes affected by flooding

Amid heavy rains and an orange alert issued in Bengaluru, citizens are reporting cases of water seepage into homes, office campuses and malls. The Bruhat Bengaluru Mahanagara Palike, municipal corporation responsible for the civic infrastructure and administration of the city, received complaints of water seeping into homes from 142 locations in the city on October 15. Bengaluru rains cause...

The Executive Centre to invest ₹125 crore, add 8 centres across Bengaluru, Mumbai, among other cities

The Executive Centre to invest ₹125 crore, add 8 centres across Bengaluru, Mumbai, among other cities

Hong-Kong based global flexible workspace provider, The Executive Centre, has earmarked an investment of ₹125 crore to add eight new centres to its portfolio in India during the ongoing calendar year. The Executive Centre to invest ₹125 crore, add 8 centres across Bengaluru, Mumbai, among other cities(The Executive Centre) According to the company statement, released on October 16, these...

Sara Ali Khan buys two office spaces in Andheri West in Mumbai for over ₹22 crore

Sara Ali Khan buys two office spaces in Andheri West in Mumbai for over ₹22 crore

Bollywood actress Sara Ali Khan and her mother Amrita Singh have purchased two more commercial office spaces in Andheri West in Mumbai for ₹22.26 crore, registration documents accessed by FloorTap.com showed. Sara Ali Khan and her mother Amrita Singh have purchased two more commercial office spaces in Andheri West in Mumbai for ₹22.26 crore, property documents showed.(Pinterest) The...

MahaRERA puts grading of real estate projects in Maharashtra on hold

MahaRERA puts grading of real estate projects in Maharashtra on hold

MahaRERA that had earlier proposed grading of real estate projects in Maharashtra has now decided to not go ahead with it. Senior MahaRERA officials told HT.com that the Real Estate Regulatory Act, 2016 does not authorise regulators to grade projects. MahaRERA that had proposed grading of real estate projects in Maharashtra earlier has now decided to not go ahead with it. (Mehul R Thakkar/HT)...

Six landlords who control more than 10% of Mumbai’s land

Six landlords who control more than 10% of Mumbai’s land

Mumbai is a city where land is scarce and perhaps the most expensive in the country. So, who are the biggest landowners of the city? A survey carried out by the Slum Rehabilitation Authority (SRA) had said that the financial capital is home to some of the biggest landowners who own almost 20% of the total land parcels in the financial capital. Mumbai is a city where land is scarce and perhaps...

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