#RealtyNewsRoundup: OCs Of Over 100 Homes In Gurugram Cancelled

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Occupation Certificates (OCs) of over 100 houses in Gurugram’s DLF area, Sushant Lok and Palam Vihar had been cancelled by the department of town and country planning for violation of building norms and illegal commercial use. Over 165 OCs have been cancelled in the city in the past six months. 

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The Benami Prohibition Unit (BPU) of the Income-Tax Department on July 3 attached nearly 64 properties worth Rs 100 crore on the Jaipur-Delhi Highway. So far, over 450 Benami properties have been attached in Rajasthan with a total value of Rs 1,400 crore.

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The Noida authority on July 4 inspected the installation and working of rainwater harvesting systems at large residential societies and gated communities spread in an area of over 20,000 square metre. The authority had formed 20 teams to carry out the drive. 

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Real estate investment major Blackstone Group has invested nearly Rs 700 crore to acquire four-lakh-square-feet of office space at L&T Business Park in Mumbai’s Powai. The company seeks to accelerate its investment in India’s real estate sector. 

Source: Media reports