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Delhi-NCR

NCR Planning Board to approve revised plan

NCR Planning Board to approve revised plan
Two meetings were to be held in March and April but were postponed due to intervention of PMO. The NCR Planning Board meeting is planned on Friday. Haryana government and the ministry of environment and forests are holding the first meeting on April 29 to work out the modalities for preparing the geo-reference of “forest [...] Continue Reading »

For DMIC project 3,000 trees to be felled in Dadri

For DMIC project 3,000 trees to be felled in Dadri
The forest department of Gautam Budh Nagar has submitted a proposal to fell around 3,000 trees in the Dadri region to the UP government for infrastructure works related to the Delhi-Mumbai industrial corridor (DMIC) project. The proposal has been sent to the UP forest department in Lucknow. As the forest land in the district will [...] Continue Reading »

Grazing land allotted to Builders

Grazing land allotted to Builders
Noida Authority has replied to an RTI that a large portion of grazing and forest land has been allotted to several developers in Noida. Construction is being carried out on these lands in various sectors in Noida. Diversion of grazing land and forest land for commercial purpose has been banned by the Supreme Court in [...] Continue Reading »

Delhi Government loses Rs 800 crore

Delhi Government loses Rs 800 crore
The government earned Rs 3,000 crore in the last financial year, while the expectations for revenue were around Rs. 3,800 crore. Faridabad, Sonepat, Ghaziabad, Gurgaon and Noida are offering much economical properties when compared to Delhi. The satellite towns have become popular for middle class buyers looking for buying properties in the NCR.  The market [...] Continue Reading »

NCR office space leasing increases 3 times

NCR office space leasing increases 3 times
In the first quarter of 2014, Office space leasing in the Delhi-NCR region jumped more than three times to nearly 1.5 million sq ft. The prime reason for the increase is due to higher absorption by IT firms in Gurgaon, says a report by property consultant Cushman & Wakefield. Cushman & Wakefield in its latest [...] Continue Reading »

With no govt, infra projects go slow in Delhi

With no govt, infra projects go slow in Delhi
The absence of government in Delhi has slowed down a lot of projects. Several development projects, which require constant direction, coordination and monitoring, have slowed down. The capital is being governed under the Lieutenant Governor who has taken control of the day-to-day affairs.  Some of the projects that have been affected are Construction of flyovers [...] Continue Reading »

Brand image of Supertech hit after Noida blow

Brand image of Supertech hit after Noida blow
The recent episode, where two of the Supertech’s towers were sealed over violation of rules, has left a dent in the brand. The company may have to cut prices, since sales are expected to decline. It can be learnt from the company’s website that it has 40 ongoing projects worth Rs 14,000 crore, at Gurgaon, [...] Continue Reading »

21m above ground, Phase III line goes over Blue Line

21m above ground, Phase III line goes over Blue Line
The Delhi Metro Rail Corporation (DMRC) for the first time in Delhi Metro’s history has constructed an elevated track segment over another operational elevated segment, at a record height of 21 metres above the ground. Anuj Dayal, chief spokesperson (DMRC), said this is for the first of its kind crossover at Karkarduma, and he also [...] Continue Reading »

Eye-Q in 4 years to add 100 hospitals

Eye-Q in 4 years to add 100 hospitals
Eye-Q, eye-care chain, is planning to become a strong specialty hospital chain with 130-centres, by aggressively adding about 100 centres over the next four years, up from 34 centres presently. Ajay Sharma, Founder and Chairman and Managing Director of Eye-Q told sources, In the near future the specialty hospital chain, which started in 2007, intends to [...] Continue Reading »

Allahabad HC verdict will set an example, says RWA

Allahabad HC verdict will set an example, says RWA
The demolition order of two 40-floor under-construction towers of Supertech Emerald Court in Noida by the Allahabad high court has brought relief and joy to the petitioners. It would set an example for other unscrupulous builders and discourage them from taking innocent home buyers for a ride said the petitioners who are members of the [...] Continue Reading »



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