Gurgaon One residents protest against Alphacorp developer

12 Aug 2024 CW Team

Residents of Gurgaon One in Sector 84 protested against the developer, citing issues such as broken lifts, increased maintenance fees, and a rising monkey population within the community. A major complaint is the persistent water seepage in the basement, which has reportedly damaged the building?s beams and pillars. Residents claim that despite numerous complaints, the developer has yet to address the problem. Alok Shukla, a resident, expressed frustration over the hike in common area maintenance (CAM) charges, which rose from Rs 2.5 per sqft to Rs 3.8 per sqft, including GST. Shukla noted that despite the increase, service quality has not improved. He criticised the insufficient housekeeping and security services and the lack of transparency regarding the expenditures and financial records. The Gurgaon One project, launched in 2013 with possession beginning in 2017, houses about 700 families. Harbhajan Singh, another resident, voiced concerns about inadequate services despite high maintenance fees. Singh pointed out that monkey attacks have become frequent, posing a safety risk, particularly for children. Residents also raised concerns about frequent lift malfunctions. Vikash Bajpai described an incident where he was stuck in a lift for five minutes and reported that the service lift in C Tower has been out of order for a month. He expressed worry over the safety of elderly residents and children. In response, an Alphacorp spokesperson stated that the increase in charges was necessary due to rising costs and that residents had previously agreed to the new rates. The spokesperson added that the company is following regulations and has requested a permanent solution for the water seepage issue from the civic body. (ET)

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..