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Delhi-NCR

Water scarcity in Noida to be resolved with three new reservoirs

Water scarcity in Noida to be resolved with three new reservoirs
Noida- The increasing water woes in the city have made the Noida Authority to take a stringent action against it. The Authority is all set to introduce three new water reservoirs this year which will reduce the water woes significantly. The reservoirs will be located in Sectors 116 and 117 and will be constructed with a total [...] Continue Reading »

Delhi NCR witnesses boom in real estate

Delhi NCR witnesses boom in real estate
Real estate sector of Delhi NCR remained upward in 2012. Places such as Gurgaon , Faridabad, Noida and Greater Noida witness new launches in the first quarter 2013 and have grown as the new residential areas. Land Craft Developers said that after getting good response for their two projects – River Heights in Raj Nagar [...] Continue Reading »

Delhi: Property rental up by 20 percent

Delhi: Property rental up by 20 percent
Delhi-NCR: Rental rates of properties in Delhi and NCR have increased by 20 percent in the last two quarters. A DDA flat offered at Rs 18,000 in Mayur Vihar, East Delhi around six months ago is not available now for less than Rs 20,000. The rates have increased in all areas of the nation’s capital. [...] Continue Reading »

Patel Nagar realty profitable to investors though sales fall

Patel Nagar realty profitable to investors though sales fall
Ghaziabad- The real estate scenario of Patel Nagar seems to be contradictious as the properties, mainly after the metro coming up, are gradually witnessing value appreciation while the number of property transactions are not increasing. It has to be noted that though there is no scarcity of land to develop residential projects in Patel Nagar, [...] Continue Reading »

Road regulator a blessing for highway sector

Road regulator a blessing for highway sector
Finance Minister P Chidambaram has announced setting up of a regulator for roads in the new Union Budget is a blessing in disguise for the Indian highway sector. According to experts, now the highway sector will have a regulator to resolve the issues. Many disputes have gone to the court due to the absence of [...] Continue Reading »

Increased FAR for those who give land for public use

Increased FAR for those who give land for public use
New Delhi- As per the new Master Plan of Delhi, if a part of any property comes in the way of a development project which is carried by Delhi Development Authority, then the DDA will have complete right for land acquisition, but in return, as a part of compensation, the Authority has to give additional [...] Continue Reading »

Housing rebate benefits few

Housing rebate benefits few
Noida housing has got costlier than before. Even the  additional rebate on interest of loans up till Rs 25 lakh for first-time homebuyers will not boost up the real estate market in Noida . Although the value of the land still remains high and demand also increasing day by day. So investing will add a [...] Continue Reading »

Budget 2013 encourages waste-to-energy plants

Budget 2013 encourages waste-to-energy plants
New Delhi- The government of India has made a budgetary provision to promote setting up of waste-to-energy (WTE) plants in this year’s budget. Following the government’s measure on funding WTE plants, a debate has been started whether this was really needed or not. Waste management has become a muddle across many cities of India nowadays. In [...] Continue Reading »

Delhi Metro gets budget of Rs 7,701 cr for Phase III construction

Delhi Metro gets budget of Rs 7,701 cr for Phase III construction
New Delhi- The Union Budget has allocated budget of Rs 7,701 crore to Delhi Metro in the Budget 2013-2014, for Phase-III metro construction in Delhi. In 2012-2013 fiscal, Rs 4,511.89 crore (Plan and non-Plan combined) was allocated to the Delhi metro. Union Budget has increased the allocation by Rs 669.23 crore under the 2013-14 Budget. [...] Continue Reading »

Residents suffer as authorities turning blind eye towards road issues

Residents suffer as authorities turning blind eye towards road issues
Residents of Triveni Apartments in Sheikh Sarai-I in South Delhi are worried due to the area’s deteriorated infrastructure. Even though they are paying tax regularly, the authorities have turned a blind eye to the residents woes. The bitumen layer has eroded and the potholes have gone much deeper and wider. Despite many complaints, the authorities [...] Continue Reading »



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