Delhi-NCR
A demolition drive was carried out by the Noida Authority on Wednesday to remove encroachments in the way of the Faridabad-Noida-Ghaziabad (FNG) corridor, so that work on the corridor can be accelerated. The demolition drive was conducted by an anti-encroachment team from Noida’s Sector 139 area. The drive resulted in the flattening of approximately 8,000 [...] Continue Reading »
In a recent letter addressed to the Urban Development Ministry, DDA vice-chairperson Balvinder Kumar has sought an exemption from the new land acquisition act — the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Kumar said in the letter that the new land acquisition act – which came into [...] Continue Reading »
A Government official revealed on Wednesday that a sum of Rs 200 crore has been released by the Government to the Delhi Metro Rail Corporation (DMRC) “as contribution to equity as a first installment in the current year of 2014-15.” According to the information shared by the unidentified Government official, an amount Rs 3,561.60 crore [...] Continue Reading »
The Noida Authority is apparently on its way to get Noida mapped in 3D. The creation of a 3D model of Noida will mark a ‘first’ for any Uttar Pradesh city. The tenders for mapping of Noida in 3D were initiated in January 2014, and proposals were submitted by nine consultants. On Wednesday, July 23, [...] Continue Reading »
The Noida Authority has been getting ready to change the land use of the about 1,000 hectares land that has been marked for Special Economic Zone (SEZ) in keeping with its Master Plan of 2031 on the Noida Greater Noida Expressway. The officials have asked for objections and suggestions for the change which has been [...] Continue Reading »
In a report released on Sunday, global property consultant DTZ said that the April-June 2014 quarter witnessed an 11 percent year-on-year increase in office space absorption in Delhi-NCR. As a result of the increase, office space absorption in the Delhi-NCR region touched 1.38 million sq ft during the reporting quarter. However, as per the DTZ [...] Continue Reading »
Apparently the increasing property prices in Delhi are finally looking like to have hit a plain. The National Housing Bank’s property price index shows that there has been a decrement of 1.5 percent in the residential property prices in the city during the January-March 2014 quarter as compared to previous year. The Residex of NHB, [...] Continue Reading »
The Noida Authority on Thursday has removed the unauthorized structures at a commercial complex in the city. The civic authority has taken action following the repeated complaints by the shop owners who stated that the structures were a threat to the building. The structures could have caused further mishaps if steps were not taken. The [...] Continue Reading »
In a proposal to ease the increasing traffic congestion on Delhi roads, the Delhi government has plans underway to widen a number of single-carriageway flyovers and convert them into two-carriageway flyovers. The proposal for the widening of single-carriageway flyovers into two-carriageway flyovers includes the flyovers at Moti Nagar and Punjabi Bagh – both of which [...] Continue Reading »
Affordable housing facilities will be made available for industrial workers in Gurgaon, in an evident attempt to deal with the shortage of manpower in the industrial zones in an around Gurgaon. With there being lack of affordable housing facilities for industrial workers in the Gurgaon area, more than 7 lakh employees comprise the ‘floating workforce’ [...] Continue Reading »
