Delhi-NCR
Real estate in the Indian metros such as Mumbai, Noida, Gurgaon, Ahmedabad, Chennai and Hyderabad is witnessing boom. India’s development in telecommunications and technology sectors has majorly contributed to the nation’s economical growth. Mumbai, India’s most populous city, situated in the eastern coast, has sheltered many industries. It is also a hub for major business [...] Continue Reading »
The South Delhi Municipal Corporation has started demolishing illegal buildings in Hauz Khas. The corporation successfully demolished two illegal constructions in the Hauz Khas village. As per officials, stringent action will be taken against all the illegal constructions taken place after February 2007. This issue was highlighted in the media and was also discussed in [...] Continue Reading »
In a move to bring in relief to the developers, the Ministry of Housing & Urban Poverty Alleviation decided to keep the commercial offices and shops out of the purview of the Real Estate ( Regulation & Development) Bill. According to officials, the bill will only regulate the housing sector. For now, the current draft [...] Continue Reading »
New Delhi- Owing to delay in initiating projects, prices of properties in India have shot up by 40 percent, reports Economic Survey 2013. Before the construction activity of a project has to be started, the builder of the project has to complete 34 procedures to get clearances which would take at least six months time [...] Continue Reading »
Delhi- As instructed by the Director of Local Bodies, owing to shortage of funds by government regarding payment for layout plans for regularised colonies, the three municipal corporations of Delhi had held meetings with representatives of residents’ welfare associations (RWA). But the Commissioners of all three corporations could not make any move in this regard. [...] Continue Reading »
Faridabad- Faridabad real estate is emerging as a hotspot destination for long-term investments in Delhi-NCR. The industrial growth and infrastructural development in the city promises vast growth opportunities for real estate sector. The rapid industrial growth in Faridabad is the key driving factor for investments in this region. Besides, tough competition from neighboring prime real [...] Continue Reading »
The widening of a road in Vasant Kunj has been stayed by a district court on a petition by residents. The residents complained that the construction violates their right over the land and their safety is at risk. The road widening work was done to develop an all new, congestion-free link to the airport and [...] Continue Reading »
Delhi government is planning to generate solar energy in government buildings. The environmental department has approved nine projects on rooftops of government buildings, which is expected to generate at least 240 Kilowatt peak (KWp) of power. This projects will include areas like Vikas Bhawan II in Civil Lines and four government schools and hospitals. The [...] Continue Reading »
Noida Authority has got the design for double U-turn on the road running in front of Sector 15A approved in order to provide a signal-free corridor and streamlining traffic flow between Delhi and the Noida-Greater Noida Expressway. This proposal was floating in water for the last two months over the issue of felling of 60 trees [...] Continue Reading »
Ghaziabad- It was earlier planned that Delhi Metro will be extended from Delhi’s Dilshad Garden to New Bus Stand. But now since the Ghaziabad Nagar Nigam is unwilling to fund the project, controversy has begun. The municipal commissioner has sought help of the Uttar Pradesh government’s permission to overrule the board and allow to proceed with [...] Continue Reading »
