Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Location : Gurugram

Malibu Towne receives a notice of closure, but no environmental approval

The Haryana State Pollution Control Board (HSPCB) has ordered that all construction activity be immediately stopped in the Malibu Towne project in Sector 47, Gurugram due to a lack of environmental approvals. The 2,500 families who presently reside in the society will not be impacted by the closure notice. The order states that the developer will not be permitted to execute any sale deeds for a flat, plot, home, shop, or any other project component. The utility that distributes electricity has been asked not to add any additional connections to the project.Read more

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Gurugram Police make their first arrest in Chintels Paradiso case

The Gurugram Police have arrested Mr Amit Austin, the proprietor of Manish Switchgear and Construction, the company commissioned to conduct the repair work that caused the death of two women residing in Chintels Paradiso in Gurugram. The women were killed when the dining room on the 6th floor of Tower D collapsed bringing down with it the roofs and floors of all the flats below. A magisterial inquiry found that the retrofitting in Flat D603 was the key trigger for the collapse, thus holding Chintels India and Manish Switchgear and Construction responsible for the accident. Mr Austin will be produced in a city court in the coming week.Read more

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