Delhi-NCR
Delhi Development Authority has approved one-acre of land for constructing country homes in the city. Villages which are located on the periphery of the Capital are identified as low density residential areas. There are 27 villages in this land and it was declared that it will be developed as an integrated urbanized area. This new [...] Continue Reading »
New Delhi: On a move to stimulate commercial real estate in India, the Government has done away with the mandatory requirement of 10 hectares of minimum land area for setting up an IT or ITES special economic zone (SEZ). It has set built-up area requirements to be met by SEZ developers. They now need 100,000 [...] Continue Reading »
Noida which was once the hub of industrial development has quickly transformed itself into a real estate hub. The increasing number of infrastructural and real estate projects sketches the proximity of Noida to become one of the largest industrial townships of India. In the past three years Noida has witnessed, many residential sectors and industrial [...] Continue Reading »
New Delhi: Even though real estate prices have increased rapidly in the leading cities, Reserve Bank of India (RBI) governor D Subbarao opines that there is no housing price bubble building up in India. After capturing prices in nine cities, RBI has recorded in its macro-economic and monetary development report released recently that there are [...] Continue Reading »
Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) will soon be allotted a huge land of 130-acre prime land which is adjacent to the Indira Gandhi International Airport ( IGIA) for constructing a complex that would include a convention center, hotels and luxury housing/service apartments. The company wants to construct the complex in the land of 100 [...] Continue Reading »
Wave Infratech sets its hopes high for their super ultra-luxurious commercial project in Sector 18, Noida. With a total built up area of around 10, 00,000 sq. ft.; this iconic landmark building will boast of 37 floors consisting of an Ultra-luxury Hotel, Commercial space, Retail space, Multiplex and many more. Christened ‘Wave One’ the project [...] Continue Reading »
Delhi-NCR: Supertech Ltd is planning to develop Disney-themed residential apartments in a project in Greater Noida for which it has joined hands with Disney India. At an investment of Rs 500 crore, the leading realtor will develop the project named ‘Fable Castle’, comprising 800-1000 flats. Spreading across 7.5 acre, Fable Castle, is a part of [...] Continue Reading »
New Delhi: As of now, it is not mandatory to have an Aadhaar number for using monetary benefits under government schemes like Employees Provident Fund, insurance and pension, for booking railway tickets, opening bank accounts, etc. An official of Unique Identification Authority of India said that, as of now, Aadhaar number has not been made [...] Continue Reading »
New Delhi: With few minor modifications, the redevelopment plan of Kidwai Nagar (East) has been approved by the Delhi Urban Art Commission (DUAC). If the area is redeveloped, it is expected to allow multi-storeyed residential towers comprising around 4,800 residential units besides one million feet of commercial space in that area. the project will be [...] Continue Reading »
New Delhi: Delhi Metro network is likely to connect Sonepat and Greater Noida as a parliamentary panel has directed the Urban Development (UD) ministry to work towards it. The Urban Development ministry should discuss with Delhi Metro Rail Corporation (DMRC), Delhi and Haryana in this regard, suggested a report submitted by the Standing Committee on [...] Continue Reading »
