Delhi-NCR
Housing Development and Infrastructure Ltd (HDIL) will construct a 100 acre township in Noida. This will be the first project by HDIL outside Mumbai. In this township project both plots and villas will be sold. HDIL is aiming to launch new project to enhance the cash inflow which will help them to reduce the debt [...] Continue Reading »
The electricity bill tariffs might get high! The Delhi power regulator recently proposed differential tariffs on the occasion of announcing the second fuel adjustment surcharge payable to discoms. As the BSES Yamuna has been allowed to levy a fuel surcharge of 7 percent, the East Delhi residents will end up paying high power tariffs. Whereas, [...] Continue Reading »
According to real estate analysts more than five lakh apartments are under construction in the NCR. NCR is reported as the largest residential property market in India. The analysts also reported that the launching of new properties in NCR happened during the global economic slowdown period. Almost 50% of the 5 lakh residential units will [...] Continue Reading »
Sunshine, a Real Estate company in Noida has launched Sunshine Business Park, a high-end luxury commercial project in Sector 94, Noida. This project will be constructed with the green building concept. More than 500,000 sq ft of commercial space spread over 21 floors will be constructed in the project. Apart from modular office, and showroom [...] Continue Reading »
The Delhi government has planned to construct eight new hospital in the city. This move will enhance the healthcare infrastructure of the city. Five projects will be done in Burari, Madipur, Siraspur, Hastsal and Ambedkar Nagar while two other will be constructed in Sarita Vihar and Pooth Khurd. A 750-bedded hospital is also being set [...] Continue Reading »
The Delhi Metro Rail Corporation requested the District Collector to speed up land acquisition for starting the construction work of the four bridges for the proposed Moolampilly-Chathanad four-lane road. According to a higher official of DMRC, the construction of the bridges are likely to start in a month. The requisite fund for the project and [...] Continue Reading »
Construction of affordable housing in Delhi will be prioritized by the State Government. In a press meet, the Chief minister of Delhi said that the labour class and the economically weaker sections are the ‘catalyst of Growth’. The Delhi government has provided a sum of Rs 800 crore to the Delhi Construction Workers Welfare Fund, [...] Continue Reading »
The Urban Development ministry has sanctioned a major residential-cum-commercial complex project at Mehrauli in South Delhi. 500 luxurious apartments will be constructed in the project by the National Buildings Construction Corporation (NBCC). The projected cost of all the apartments will be from 4 crore onwards. All modern amenities will be made available in the project. [...] Continue Reading »
The Elephanta Lane, Sector 10 at Dwarka in Delhi is completely filled with debris and garbage! Each and every single road at the localities of Delhi have garbage dump on the end of roads. The footpaths, roads, barren land everywhere one can see dumped garbage and this is the situation residential areas. It has been [...] Continue Reading »
Supply of approximately 1.94 million sq. ft. happened for the Retail real estate market in New Delhi. In Spite of the delay in construction, many realty space are coming up for the retail market. The rental values for the retail market is almost stable in the capital city of India. In the same time the [...] Continue Reading »
