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5 Buildings Of Paradiso To Be Brought Down, But Not Like Noida Twin Towers, ET RealEstate

DC Nishant Yadav grants permission for demolition of unsafe towers in Chintels Paradiso. Edifice Engineering will conduct floor-by-floor demolition. Safety measures, progress reports, and settlement agreements with flat owners are in place.

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Buyback & Rebuild Offer Extended to Paradiso Phase 2 Homeowners | Chintels India, ET RealEstate

Chintels India has extended the compensation offer to flat owners in Paradiso phase 2. Find out more about the buyback and rebuild options available to homeowners in Gurgaon.

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Chintels Paradiso case: One more tower of the housing complex in Gurugram declared 'unsafe for living' by safety audit report

This is the sixth tower that has been declared “unsafe to live” by the IIT Delhi structural audit report. Prior to this, towers D, E, F, G and H were declared

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Chintels India sells two land parcels near Dwarka Expressway in Gurugram to Sobha Group for Rs 121.8 crore

The transaction is the latest in a string of notable land deals in the NCR. The sale deed was executed on December 22, 2023 and the company paid Rs 6.07 crore as stamp duty for the 5.78-acre plot and Rs 2.45 crore stamp duty for the 2.06-acre land parcel, documents showed.

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Yet another 'collapse' at Chintels; this time, in tower declared 'safe' | Delhi News

Additional Deputy Commissioner Hitesh Kumar Meena Friday said they have received the report of tower J from IIT-Delhi and will announce the findings next week. In October, the ADC had said the structural audit report of Tower J had similar findings to that of other towers considered safe.

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CBI names Chintels India's CMD, seven more in Paradiso cave-in chargesheet, ET RealEstate

Two more Chintels executives, former CEO D Vasudevan and project manager Kuldeep Kumar Kaul, were charged by the CBI after a yearlong investigation since it took over the probe from Gurgaon police on January 17 last year.

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No timeline set for Paradiso rebuilding so far: Flat owners, Real Estate News, ET RealEstate

Days after the Supreme Court ordered time-bound reconstruction of flats in Sector 109’s Chintels Paradiso and asked the developer to extend rental support to affected flat owners, residents said the apex court hasn’t given relief from the day the flats were vacated. Also, no reconstruction timeline has been fixed, they claimed. The developer stopped rental support to the affected flat owners from May last year, when it offered two compensation options. Under the buyback offer, it proposed to pay Rs 6,500 per sq ft, along with the actual stamp duty and renovation costs. Under reconstruction offer, it proposed rebuilding and delivering to each flat owner another flat the same size as theirs. RWA president Rakesh Hooda said there was no consideration for residents of other towers of the residential project. “Also, there is no compensation for the harassment and inconvenience for homeowners who have gone through a horrific period. Instead, they face another four to five years of uncertainty,” he said. In its order, the apex court further directed residents of the towers declared unsafe — D, E, F, G and H — to immediately vacate the premises. “As we are informed, towers D, E and F are completely vacant; in tower G, there are only four occupants; and in tower H, six occupants are residing. Out of these six, according to the builder’s counsel, three occupants are owners and other three are tenants,” it observed.

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Unsafe Paradiso Towers in Gurgaon Being Barricaded by DTCP, Real Estate News, ET RealEstate

The department of town and country planning (DTCP) has started erecting barricades around the unsafe Paradiso towers in Gurgaon's Chintels Paradiso. Flat owners are demanding compensation before the barricading process is completed. Find out more about the situation.

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In Gurgaon, Chintels residents demand higher offer rate as builder reopens buyback option

Chintels India re-opened buyback option more than a year after a large portion of an apartment on the sixth floor of tower D in Chintels Paradiso society collapsed to the first floor in February 2022, killing two people and injuring another.

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Chintels Paradiso case: Flat owners demand higher buyback price, reconstruction of flats

Residents say that prices have appreciated in the last one year, and the builder should provide a buyback offer per the market rate. At present, residents do not have a rehabilitation offer on hand as both the offers — for reconstruction and buyback — have been withdrawn by the builder.

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