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Realty News

Poor construction of flats

Poor construction of flats
In Dwarka, 18B block houses over 930 apartments that were part of the 2010 DDA Housing Scheme. These G+10 structures are divided into two societies known as Golf Links and Samridhi apartments. A tour of the site revealed that around 200 flats were still empty and finishing touches were being given to the remaining units. [...] Continue Reading »

Delhi and NCR residents can bank on recent housing schemes

Delhi and NCR residents can bank on recent housing schemes
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 »

DDA will implement corpus fund for house maintenance

DDA will implement corpus fund for house maintenance
The Delhi Development Authority (DDA) is going to create a corpus fund for the lifetime maintenance of its flats on offer. This fund will be provided for all the 25,600 flats it is going to offer as part of the 2014 Housing Scheme. The scheme is slated to be launched on August 25, said DDA [...] Continue Reading »

Mamata’s pre-poll campaign and post winning actions over land acquisitions are poles apart

Mamata’s pre-poll campaign and post winning actions over land acquisitions are poles apart
West Bengal Chief Minister Mamata Banerjee is reluctant to recompense those losing land at rates set by a central law. The irony is that her agitation over land acquisition for industries had catapulted her to the power. The Singur Tata Nano project agitation is still fresh in our minds. West Bengal is yet to implement the Right to [...] Continue Reading »

Scarcity of dwelling units in urban areas

Scarcity of dwelling units in urban areas
As accounted there is a shortage of 187.80 lakh dwelling units in the urban areas in the country with Uttar Pradesh which is topping the list as the Rajya Sabha was informed today. The Ministry is holding consultations with all the stakeholders on the scheme of providing ‘Housing for All‘ by 2022. This was state [...] Continue Reading »

Secunderabad metro project to end by next year

Secunderabad metro project to end by next year
L&T Hyderabad Metro Rail Limited has begun the test runs on a small stretch from its Uppal depot to Secunderabad section. The concessionaire L&T expects to commission first stretch of 8 km of the 72-km elevated metro project by March 2015. Once the trial runs are completed, it will take few detailed tests of the [...] Continue Reading »

Study reveals women after 35 tend to stop working

Study reveals women after 35 tend to stop working
The number of women who is opting out of the workforce drops by 50 percent between the ages of 25-35 years and precipitously after that but does not go much higher than 25 percent at any other point as state by Manish Shah who is the co-founder and CEO, Big decisions. He said they have [...] Continue Reading »

Tata group most valuable according to recent study

Tata group most valuable according to recent study
The Tata Group has been successful in retaining its place as the country’s most valuable brand at $21 billion, while the total worth of top-100 Indian brands now stands at $92.6 billion, as according to a new study that was recently conducted. The state-run insurance behemoth LIC is ranked second with a brand value of [...] Continue Reading »

Number of sky scrapers rising in India

Number of sky scrapers rising in India
According to international terms a building that reaches or exceeds the height of 150 metres is considered to be a skyscraper. Until recently, Mumbai was the only Indian city with high-rise buildings. The financial capital continues to see the highest demand for skyscrapers, as the only option to grow there is vertically. But it now [...] Continue Reading »

Sebi will approve guidelines of REITs

Sebi will approve guidelines of REITs
The Securities and Exchange Board of India (Sebi) is all set to approve the guidelines for real estate investment trust (REITs) and other infrastructure investment trusts (InvITs) at its board meeting on the August 10 in the capital. The Narendra Modi government had announced plans for such trusts in the July 10 Budget that was [...] Continue Reading »



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