Delhi-NCR
Many micro markets in the NCR not only successfully bucked the slowdown trend in the dismal 2013 as far as the sales were concerned, but the prices have also shown appreciation. With revival just around the corner, experts have indicated that there will be a healthy price appreciation in these micromarkets over the next few [...] Continue Reading »
Just 83m downstream of the Nizamuddin road bridge, another bridge has come up on the Yamuna mirroring the location of its pillars exactly. For Delhi Metro, constructing the bridge to link Hazrat Nizamuddin with Mayur Vihar-I has been an exercise in replicating the existing road bridge. The idea was to align the pillars of the [...] Continue Reading »
Many global retail business men have opted to come to India by opening a store in the NCR region or in Mumbai prior expanding it to other cities, as suggested by a study. The top four destinations that are being preferred by the retailers are Delhi, Mumbai, Bangalore and Hyderabad. The study has been done [...] Continue Reading »
The public works department has urged the government to secure bungalows in stately Lutyens Delhi, including the one housing the prime minister. The department’s report mentioned that they may not be able to withstand an earthquake. And since very important people reside in the bungalows, the government needs to take immediate actions. Most of the [...] Continue Reading »
Much-needed environmental balance to the city of Delhi is required as the rapid urbanisation has reduced the green spaces and has disturbed the ecological balance. Since the cities are being converted into concrete jungles, the Greater Noida authority has decided to develop 800 hectares of forest land into a ‘green lung’. This move was welcomed [...] Continue Reading »
If you have been waiting for a state housing scheme to be launched in order to buy a home at an affordable price, and that too in the Capital you might soon get an option to order one. The Delhi Development Authority (DDA) Housing Scheme 2014 being rolled out soon might just make your dream [...] Continue Reading »
According to the latest statistics shared by the Delhi Metro Rail Corporation (DMRC), the Delhi Metro ridership touched 27.1 lakh on Monday, August 4; marking the highest number of commuters to have travelled on the Metro thus far in one day. The previous highest Delhi Metro ridership record was 26 lakh commuters. With regard to [...] Continue Reading »
Delhi Metro said in a Tuesday announcement that it has completed the boring of two twin tunnels on the Janakpuri (West)-Botanical Garden corridor. The announcement implies that the work on Phase III is currently in full swing, in the wake of its approaching 2016 completion deadline. According to the announcement made by Delhi Metro, the [...] Continue Reading »
The real estate arm of HDFC Group, HDFC Property Fund is to invest Rs 700 crore in four residential realty projects coming up in Pune, Bangalore, and NCR. HDFC Property Fund has announced that the investment will be made from its second offshore fund worth $250 million (Rs 1,500 crore) and will be used for [...] Continue Reading »
In connection with a realty fraud unearthed by the police in Noida extension, the Managing Director of a real estate firm has been arrested for taking booking advances for a mega residential project without any land. The official who has been arrested by the police is Sunil Kumar Rajput, the MD of Rajput Developers. Rajput [...] Continue Reading »
