Delhi-NCR
New Delhi- The old rickety government buildings spread through the heart of New Delhi on a major arterial road will very soon be replaced with high rise commercial and residential apartments. Since Independence, this redevelopment project is one of the largest redevelopments which is expected to change tables of the National capital. As per the plan, [...] Continue Reading »
New Delhi- The Competition Commission of India has modified few clauses for commercial agreements between realty giant DLF and property buyers, in two projects by DLF in Gurgaon in the NCR. In March 2012, the Competition Appellate Tribunal (COMPAT) had directed CCI to present a modified buyer-seller agreement and the fair trade regulator (CCI) is [...] Continue Reading »
New Delhi- This year, the electricity bills are likely to be increased by about 20 percent all over the country as the government is compelled to move on with the pricing reforms which is essential for the feeble sector. As per P Uma Shankar, Power Secretary, the restructuring and the lending schemes are tied with the tariff revisions [...] Continue Reading »
New Delhi- In an action to set rigid rules for people who have not yet paid their indirect taxes, the finance ministry has decided to take stern measures through the stepping up of compliance and will further generate extra revenue through the collection before the next financial year arrives. In a warning by the revenue secretary [...] Continue Reading »
New Delhi- With the clearance of the budget proposal by the civic body, parking rates for areas which fall under the South Delhi Municipal Corporation were doubled. This measure by the civic body was taken in as it had been suggested by the SDMC Commissioner Manish Gupta followed by few modifications. As per Gupta’s decision, [...] Continue Reading »
Noida- Paramount group has come up with its new project named “Floraville” offering comfort, luxury and quality where the customers would get complete value for their investments. Being spread across 12.5 acres of land in Sector 137, Noida, Floraville tries to balance the standards of both superior living and healthy living. It promises to fulfill [...] Continue Reading »
Delhi/NCR- Although there have been various new projects coming up in the Delhi-NCR region, the rental rates have still been increasing in many areas with Panchsheel Park as one of the posh areas with increased rental rates. In the last quarter, the area has witnessed an increase of about 24 percent in residential units. According [...] Continue Reading »
Noida- Many builders have received notices from the Gautam Budh Nagar district forest department for undertaking construction work within 10km radius of the Okhla Bird Sanctuary without getting any clearances from the National Board for Wildlife. Within 10km radius of the sanctuary, 53 renowned developers of Delhi have planned to develop their projects. None of the [...] Continue Reading »
Noida- In a latest innovation, the regional office of Uttar Pradesh Pollution Control Board (UPPCB) launched two new portable air pollution monitoring systems to keep a check on the air pollution levels by appropriate monitoring and analysing the samples from different locations of the city. In a sample test by the machines, the air quality in [...] Continue Reading »
New Delhi- Oriental Bank of Commerce has slightly reduced interest rate on home loans of up to Rs 30 lakh by 0.1 percent. Home loans will now be available 10.40 percent with an EMI of as low as Rs 937 per lakh. The state owned bank has announced this offer as a new year gift [...] Continue Reading »
