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Mohali developer fined Rs.1.25L for not delivering flat

Mohali, Sept. 21 -- The Punjab Real Estate Regulatory Authority (RERA) has directed Gunjan Land Developers, Zirakpur, to pay Rs.1.25 lakh as compensation and litigation costs to two homebuyers from Am... Read More


No penalties for Max Healthcare's 5-acre site in Medicity: GMADA

Mohali, Sept. 19 -- In a major relief to Max Healthcare Institute Limited, the Greater Mohali Area Development Authority (GMADA) has decided not to impose penalties on the institute over the 5-acre si... Read More


Housing dreams shattered, builders make hay

Mohali, Sept. 18 -- In June, the Supreme Court upheld a refund with 8% compounded interest for two buyers of Greater Mohali Area Development Authority's delayed Purab Premium Apartments project in Sec... Read More


Airport to roll out perks to attract foreign airlines

Mohali, Sept. 18 -- Working on enhancing international air connectivity, the Chandigarh International Airport Limited (CHIAL) is all set to offer significant incentives to attract foreign airlines. Th... Read More


Metro cost soars to Rs.25k cr as UT sits on decision

Chandigarh, Sept. 16 -- With the UT administration dragging its feet on a decision, the cost of the long-pending Tricity Metro project has climbed to nearly Rs.25,000 crore, up from Rs.23,263 crore in... Read More


Legal hurdle gone, development back on track in Phase-9 Indl Area

Mohali, Sept. 15 -- With a two-year legal tussle over wrongful subdivision of land out of the way, 125 plot owners in Industrial Area, Phase 9, Mohali, can finally resume development of their stalled ... Read More


Financial crisis looms over CHB as profit falls by 28% in 3 years

Chandigarh, Sept. 15 -- The financial condition of the Chandigarh Housing Board (CHB) is steadily deteriorating due to the absence of new housing projects over the past nine years. The board's profits... Read More


Property conversion rates go through roof

Chandigarh, Sept. 13 -- Converting leasehold residential properties into freehold in Chandigarh will now cost significantly more, as the UT administration on Friday notified the revised conversion rat... Read More


ED files fresh chargesheet against 16 more accused

Mohali, Sept. 12 -- The Enforcement Directorate (ED) on Thursday filed a fresh chargesheet against 16 more accused in the multi-crore guava orchard scam. The 11,500-page chargesheet was submitted in t... Read More


Guv to CHB: Make Sector-53 housing scheme affordable

Chandigarh, Sept. 12 -- Amid growing concern over the high rates of Chandigarh Housing Board's recently proposed projects, UT administrator Gulab Chand Kataria on Thursday directed the board to make i... Read More