Delhi-NCR
The Sensex climbed over 100 points in early trade on Monday. Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee have planned to soon unveil measures to improve market conditions. The Nifty touched a high of 5,188.95 and a low of 5,158.45 today while the Sensex touched a high of 17,116.67 and a low of [...] Continue Reading »
Ghaziabad real estate has plummeted by more than 10 per cent, as an outcome of the economic slowdown. Builders and developers are unable to reduce the ever increasing input costs which further lead to a hike in equated monthly installments (EMIs). Along with rising input costs and EMIs, other factors such as rising interest rates, higher land [...] Continue Reading »
The resident welfare association (RWA) of Jahangirpuri and NGOs have decided to hold a meeting with government officials against its proposal to offer cash instead of public distribution. The meeting was scheduled on June 22 at the Jahangirpuri Ramlila ground. It is the second pilot project of the government in Jahangirpuri area. The project covered [...] Continue Reading »
Gurgaon-Sohna road, the fast developing stretch of the city, is going to be the next destination for commercial and industrial development in Gurgaon. The steep rise in industrial and commercial growth in this place is mainly due to the industrial model township set up at Manesar. Owing to its connectivity to NH 8, Golf Course [...] Continue Reading »
As there has been a depreciation in the value of rupee, Non-resident Indians (NRIs) in the UAE are now interested buying properties in India. Prior to the three-day Indian Property Show in Dubai, pre-launch bookings have been done by NRIs which has risen to 80 per cent in recent months. The NRIs who have been [...] Continue Reading »
Few years back, the home loan which was provided under teaser loan scheme by a housing finance company (HFC), is not the same anymore when repaying it back. The prepayment charges amounted to Rs 2 lakh for a person who had availed a Rs 1 crore loan under that special rate scheme. As per a [...] Continue Reading »
Pragya, an 11-year-old girl has written two letters to resident welfare association president of Sheikh Sarai in order to open a park which has been kept shut. At least 18 children have supported Pragya’s cause by signing the letter, but still the park remains shut. She had also approached the Delhi Commission for Protection of [...] Continue Reading »
Edelweiss Housing, a branch of financial service provider Edelweiss Group, aims at taking its total loan-book size to Rs 6,000 crore by 2015, a top company official said. The firm has a loan book size of 900 crore and has set up its housing finance in 2010. Anil Kothuri, Edelweiss Housing Finance Executive Vice-President, told that the company started [...] Continue Reading »
Water samples taken from east and north Delhi were found unsuitable for drinking, according to a recent survey conducted by South Delhi Municipal Corporation (SDMC). Majority of the Delhi is facing water shortage and the little water supplied found to be unsuitable for drinking and sparks water prone disease fears. An independent study conducted by [...] Continue Reading »
The residents in the twin cities Noida, Ghaziabad and Uttar Pradesh are likely to get 24/7 electricity supply. The project proposal will be sent soon to the UP Electricity Regulatory Commission for consideration. Government has already begun the work on the project for the twin cities to provide round-the-clock power supply with no outages. Some [...] Continue Reading »
