Latest news

economy
Sushant Lok builder has to pay damages for green violations: NGT

GURUGRAM: The National Green Tribunal (NGT) has directed the Central Pollution Control Board (CPCB) to recover damages for environmental violations, and if required, issue directions for “closure” of Sushant Lok 1, one of Gurugram’s largest and oldest privately developed residential colonies spread across sectors 27, 28, 43 and 52.The ruling is a landmark one in…

Read more
economy
Amrapali buyers want government to help in construction

File photoNOIDA: Homebuyers from multiple Amrapali housing projects gathered at the builder’s corporate office in Sector 62 on Sunday and demanded that the state government should facilitate funds to start construction of pending projects. The buyers said they would be staging continuous protests every Sunday hereafter till their demand is not met.Homebuyers claimed, while the…

Read more
economy
NCLT admits insolvency plea against Parsvnath Landmark Developers

The National Company Law Tribunal (NCLT) has given its approval to start the insolvency proceedings against realty firm Parsvnath Developers’ subsidiary, which is developing a housing project in the national capital. The NCLT, Delhi, has admitted an insolvency petition filed by three home buyers against the subsidiary firm – Parsvnath Landmark Developers – for inordinate…

Read more
economy
Rough weather in Malaysia hits import of river sand to Chennai for 45 days

File photoCHENNAI: Rough weather conditions in Malaysia have hit supply of imported river sand in Chennai. The essential construction material has not been ferried from overseas for the last 45 days. With the existing stock fast depleting, people who have booked imported sand for construction are in a state of quandary. Sources at Kamarajar Port…

Read more