Delhi-NCR
New Delhi- While many buyers are struggling to find affordable houses to buy in Delhi, there are over 500 DDA flats lying vacant. The Delhi Development Authority (DDA) has several flats which are lying vacant as they were either surrendered or cancelled under various housing schemes. Among the vacant flats, many are higher income group [...] Continue Reading »
Delhi-NCR- Delhi-NCR has emerged as a hot real estate destination to investors. Many leading developers from various cities across the nation have started investing in the National Capital Region. Investing in real estate has become the major trend in the current period than any other investment destination. It has become an important source of money-making [...] Continue Reading »
New Delhi- The Ministry of Urban Development (MoUD) has been planning to set up metro rail in 34 cities which have a population of over one million. MoUD has come up with a consolidated new metro railway policy which will focus on both public-private partnership and government funding models for the reference of state governments. [...] Continue Reading »
After selling of the non core realty assets, DLF is planning to to launch up to 15 million square feet of new projects next fiscal. Aman resorts, luxury hospitality chain and Mumbai land, which is non-core assets, have been sold by DLF for around 4,400 crore. This is included in their “wind energy” venture of [...] Continue Reading »
A private developer in Noida has been landed in trouble for violating the National Green Tribunal’s order, as the NGT has banned the extraction of ground water for construction activities. Noida Authority has set up a task force to examine few sites of the private developers to stop pulling out the groundwater for use. They [...] Continue Reading »
If the government approves the plan by private developers to build high rise condominiums and 15 to 17 story buildings with all the modern amenities, then in the coming years, outer Delhi’s skyline may change. To make the development uniform and well planned, the government is planning to finalise the rule for “land pooling”. The [...] Continue Reading »
New Delhi: Five metro stations will remain closed for few hours today on account of the Beating Retreat ceremony in Delhi, said an official of Delhi Metro. The metro stations that will be closed are namely, Central Secretariat, Patel Chowk, Khan Market, Race Course and Udyog Bhavan. They will be closed from 3 pm to [...] Continue Reading »
The Noida Toll Bridge Company Limited (NTBCL) has decided that the Delhi Noida Direct (DND) flyover will be free from toll tax in order to prevent the long traffic jam in the peak hours till February 22. This is requested by the police so that long queues can be avoided. After a meeting with the [...] Continue Reading »
New Delhi- Delhi-Gurgaon expressway project is likely to be taken over by IDFC Limited, formerly Infrastructure Development Finance Company Limited, from the current developer DSC. Though the deal is still busy with negotiations, IDFC is believed to buy out the project completely, said sources. The National Highways Authority of India (NHAI) and IDFC are likely [...] Continue Reading »
Gurgaon- HUDA’s decision of starting construction in the stretch of Northern Peripheral Road (NPR) project close to New Palam Vihar in Gurgaon has annoyed the residents of New Palam Vihar colony. The Haryana Urban Development Authority (HUDA) has been given a deadline of March-end to complete the project. The project completion in all stretches is [...] Continue Reading »
