Delhi-NCR
No longer is the Indian real estate sector an unorganised one, thanks to the investments from foreign players and Indian corporate houses. Rapid urbanisation, increasing levels of income and opening up of the sector to FDI have resulted in phenomenal growth of the Indian market. The multiplier effect of the real estate sector is what [...] Continue Reading »
Total number of 23 sites has been disposed by the Delhi Development Authority in the first ever re auctioning scheme was said by the urban body. The total number of 35 parking sites, 18 kiosks and four restaurants were put to an auction which had begun on the 16th of July and went on till [...] Continue Reading »
The strong and stable government at centre is ceasing to control over the policy problem that has crippled the Noida city and other real estate markets in India for a long one year, the investors who have shifted to Dubai for the better gains, have again started to come back and invest in Noida and [...] Continue Reading »
There was a marginal decline in property prices across certain pockets in the National Capital Region (NCR) and Mumbai over the past 6-12 months; however it has failed to lure investors. Property sales in the quarter ended 30 June remained sluggish and the real estate sector is hoping that after the announcement of the union [...] Continue Reading »
In a move which marks the first major allotment drive in the IMT Manesar area in the last nearly one decade, Haryana’s Industry authority HSIIDC has recently disclosed its plans to lease out new industrial and institutional plots in IMT Manesar during the ongoing financial quarter. The sites which will be allotted in IMT Manesar [...] Continue Reading »
According to a United Nations’ report released on Friday, India’s capital city Delhi is the second most populous city in the world. The report- based on statistics as on July 1, 2014 – said that the total population of Delhi is approximately 25 million. As per the UN report, the most populous city in the [...] Continue Reading »
A fire broke out in a residential building in Ghaziabad on Friday afternoon, gutting a number of cars which were parked in the basement of the building. The residential building where the fire incident took place is the ATS residential society in Nitikhand area of Indirapuram, Ghaziabad. The fire broke out in the basement of [...] Continue Reading »
On Wednesday, a bench of the Delhi High Court reserved its order on maintainability of a PIL against Vadra firms. The PIL chiefly seeks a court-monitored investigation by the Central Bureau of Investigation (CBI) into the land deals allegedly signed by Robert Vadra firms in Gurgaon. With no notice having been issued by the High [...] Continue Reading »
With controversy surrounding the allotment of flats in economically weaker sections (EWS) and low-income group (LIG) categories by the Ghaziabad Development Authority (GDA), the officials of the authority have revealed that a fresh lottery will be conducted to allot the flats. The move implies that the Ghaziabad Development Authority (GDA) does not plan to carry [...] Continue Reading »
In an FIR lodged on Tuesday in connection with the Greater Noida land scam, 18 people have been named for allegedly fudging land and land compensation records to carry out the Rs 350-crore scam. The people who have been named in the FIR include 10 officials of the land consolidation department, including the deputy director, [...] Continue Reading »
