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Delhi-NCR

Alstom India to bag new powergrid contract of 3,000 crore

Alstom India to bag new powergrid contract of 3,000 crore
Last year the country faced power shut down for more than 24 hours and to settle down the issue, Alstom India is introducing 10 to 15 new projects to strengthen the existing power grids. Alstom T&D India, the subsidiary of France-based Alstom Group is taking care of the building of the new projects and the [...] Continue Reading »

Two lakh low-cost housing projects by GDA

Two lakh low-cost housing projects by GDA
An official from Ghaziabad Development Authority (GDA) said that within two years the authority will build two lakh low cost housing units. Ghaziabad is divided into two parts; old Ghaziabad and new Ghaziabad. The old area has a rich traditional background and the new area has a modern and cosmopolitan character. Ghaziabad real estate has [...] Continue Reading »

Hike in railway fee by January midnight 21

Hike in railway fee by January midnight 21
New Delhi- With the budget  just a month ahead, the Railway Minister has made a rare decision of raising the railway fee by January 21 midnight. This is the first such increase in the decade with a net amount of Rs. 6,600 crore a year. This increase in the railway fee will generate an additional amount [...] Continue Reading »

Delhi-NCR public transport plying without fitness certificates

Delhi-NCR public transport plying without fitness certificates
New Delhi- In a recent survey, about 82 percent of the public transport vehicles in Delhi have been plying without fitness certificates. There are about 78 percent who have not procured fitness certificates and are functioning without any pollution certificates as well. These violations came into light when the prominent incident of Delhi gang rape took place [...] Continue Reading »

Slew of taxes unveiled in Delhi by East Corporation

Slew of taxes unveiled in Delhi by East Corporation
Delhi-NCR- In an assumption concerning the trifurcation of Municipal Corporation of Delhi, the people of Delhi are expected to pay a heavy price. The East Corporation in the month of December proposed its budget with a slew of new taxes with a raise in property tax as well as parking fees. As per an official, the raise [...] Continue Reading »

Improved sales despite price rise in NCR

Improved sales despite price rise in NCR
Delhi-NCR- The hike in property price in Delhi-NCR has not stopped the property sales as it is believed that the year 2013 will improve the realty sector due to the high demand and possible reduction in key policy rates. Most developers feel that despite the increased demand for the residential properties in Delhi-NCR region, the prices [...] Continue Reading »

Noida, Gurgaon to be next commercial and IT hub

Noida, Gurgaon to be next commercial and IT hub
Delhi NCR is not only rising in residential projects but it has emerged as a hot property place for IT and IT-enabled services industry with many large companies setting up their businesses here. Noida and Gurgaon are becoming the hot and preferred destination for companies like IT’s, BPO, BTO and KPO services in various domains [...] Continue Reading »

NHAI approaches SC as Environment Ministry blocking highway projects

NHAI approaches SC as Environment Ministry blocking highway projects
New Delhi- The recent norms imposed by the environment ministry pertaining the green clearances has been quite a menace to the highway developments projects. Owing to this, the National Highways Authority of India (NHAI) has approached the Supreme Court. The NHAI requested the Supreme Court for a clarification/modification which was declared in the year 2011 which further [...] Continue Reading »

Survey of properties to be conducted by NDMC

Survey of properties to be conducted by NDMC
New Delhi- A new survey will be conducted by the North Delhi Municipal Corporation (NDMC) in order to increase the number of properties under tax net. However, the deliberative wing of the civic body is not in favour to increase property taxes due to political compulsion factors. The corporation is further planning of alternatives which can fetch maximum number [...] Continue Reading »

Real estate regulation bill to be included in budget session

Real estate regulation bill to be included in budget session
The government is coming up with new Bill with the forthcoming budget session in the parliament so that the real estate sector can be regulated with proper rules and regulations as commented by the Housing minister Ajay Maken. The Bill is introduced so that the real estate developers and investors can carry out a fair [...] Continue Reading »



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