Delhi-NCR
The National Green Tribunal (NGT) has imposed an interim penalty of Rs 22.5 crore on 6-builders in Haryana’s Sonipat area for breaking environmental laws. As per NGT, violations are of serious nature and the compensation must have a precautionary look. The Green Tribunal imposed environment compensation of Rs 10 crore on TDI Infrastructure Ltd for [...] Continue Reading »
With smart city development as one of the key infrastructural reforms announced by the NDA government, things are now moving at the ground. In one such move to bring a sense of balance between various smart city components, talks are underway between various invited experts on subject including internet of things (IOT) to set a [...] Continue Reading »
The commercial and national capital of the country lies squarely in the seismic zones and the threat of earthquake looms large. Despite such a precarious situation, it is surprising to note that the buildings in these two cities and many other cities of the country fall remarkably short when it comes to adherence to the [...] Continue Reading »
The National Capital Region comprises Delhi, New Delhi, cities surrounding them in Haryana, Uttar Pradesh and Rajasthan. Its compass includes the Haryana Sub-Region with Faridabad and Gurgaon, which are the two most prominent districts here, with a lot of promise. Then there is the UP sub-region that includes Ghaziabad, the Rajasthan sub-region and now UP [...] Continue Reading »
On February 10, 2015, the Aam Aadmi Party (AAP) claimed a stunning victory in the Delhi elections, led by its party president Arvind Kejriwal who is now the Chief Minister of Delhi and has a very clear manifesto, especially when it comes to giving Delhi a makeover. No matter what industrialists think of AAP’s manifesto [...] Continue Reading »
Delhi Development Authority (DDA) is planning 2500 affordable service apartments and the proposal was cleared in an Authority board meeting. DDA has identified four sites where housing complexes for senior citizens will be developed. These apartment units may attract not just pensioners, but richer candidates as well. DDA is talking to banks for Reverse mortgage [...] Continue Reading »
On Wednesday the Urban Development Minister has approved a proposal set in front of them by them by the Delhi Development Authority to increase the floor area ratio abbreviated as FAR. Simplifying this point, we get to the conclusion that this means the amount of building area with respect to the plot area has been [...] Continue Reading »
Due to the several illegal constructions going on at present on a notified land in Noida, the Noida Authority has issued a notice to the builders who have been alleged to be involved in the activities without taking permission. According to the release made by the Authority, notices have been pasted at the concerned sites [...] Continue Reading »
From the views of property consultants apartment rents in cities such as South Delhi, South Mumbai and Gurgaon undergoes a great fall from 20% to 30% when compared to last year survey. What would be reason for this drop down? From property broker’s view, for the past two year’s commercial office and job market space [...] Continue Reading »
Floor area ratio (FAR) norms have been increased for residential plots in Delhi by ministry of Urban development. In technical terms, Floor area ratio can be defined as the total floor area of the building to the area of the land on which this construction has been done. An expected move This move by the [...] Continue Reading »
