Delhi-NCR
New Delhi- Relief will be provided to commuters who pass by the chaotic underpass site in Sarita Vihar as Delhi Development Authority (DDA) has planned to improve the road conditions at the work site which had the underpass being constructed from four years. This decision was taken due to a report which highlighted several problems which included lack of [...] Continue Reading »
New Delhi- According to a top executive of property advisory firm, CB Richard Ellis-Asia Pacific, India still continues to be a key real estate market for Private Equity funds and other foreign investors although the country has been affected by global economic slowdown. The Asia Pacific region of India has been considered a place of opportunities for developers who [...] Continue Reading »
New Delhi- A report by the civic body stated that there were 1470 cellphone towers, of which 588 are illegal in East Delhi. Owing to this, the Corporation officials held a meeting and decided to seal about 70 illegal cellphone towers by the end of this month. This decision might hit the cellular services in East Delhi [...] Continue Reading »
New Delhi- In a latest innovation by the Delhi Jal Board, the errors of an increased or a decreased bill will be sorted out by the exceptional billing account which is the new online billing system. According to Debashree Mukherjee, CEO, DJB, they had planned to launch the portal during the first billing cycle but were not able [...] Continue Reading »
New Delhi- In a house meeting by the South Corporation, it was stated by them that about 25% park lights are not functional, followed by fewer parks not having streetlights and high-mast lights. Despite repeated complaints by the councilors to the zonal office, there was seldom any action taken against it. The Southern Zone has a total of 714 [...] Continue Reading »
New Delhi- Real estate builder DB Realty said that its subsidiary DB Hospitality is trying to sell stake in proposed hotel project in Delhi International airport and discussions are still going on. In the processing towards the BSE, DB Real estate claimed that DB Hospitality Pvt Ltd (DBHPL) is usually possessing stake in order to [...] Continue Reading »
New Delhi- An issue raised in the standing committee stating that obtaining a complete certification is quite a tedious task and with the former issue of the certificates from October 2008 to December 2010, the corporation missed on charging the compounding fee based on the 2007 circle rates and instead the former charges from 1998-20 were practiced. [...] Continue Reading »
New Delhi- With the approval of the regularisation of the unauthorised colonies by the Delhi government, it was declared by the three municipal agencies that the work on the layout is yet to begin. According to the officials, the Delhi Government is yet to fix the cut-off date by further planning the layouts. However, in 2007, [...] Continue Reading »
According to Knight Frank report, the real estate sector will continue to remain a good investment destination with properties in several residential areas in selected cities likely to appreciate by 91-145 per cent over the next five years. High possible return on investments ranging between 18.6% and 29% per annum over the next five years [...] Continue Reading »
New Delhi- The early Monday morning witnessed a major fire tragedy at the 12-storey Himalaya House in central Delhi. The fire stuck rapidly gutting seven floors of the building and claiming a guards life who was trapped inside. It took about 7 hours for the 30 fire tenders to douse the blazes which started from [...] Continue Reading »
