Delhi NCR
Property developers in the Delhi-NCR region are partnering financially strong developers from the country’s South and West to restart stuck realty projects in the backdrop of a constant cash crisis, the powerful Real Estate Regulatory Act (RERA), and the warning of being taken to the National Company Law Tribunal (NCLT). Financially sound companies like Godrej Properties, Prestige Group, and Kalpataru [...] Continue Reading »
With officials issuing Rs 800 crores for this purpose, construction activity on the Delhi Metro Phase-IV is expected to begin in December this year. The construction work may initially origin on the Janakpuri-RK Ashram route, the highest corridor following this period. Tenders will be quickly drifted for two different Aerocity-Tughlaqabad, priority corridors, and Majlis Park-Maujpur. DMRC beings Work [...] Continue Reading »
The National Capital Region comprises Delhi, New Delhi, cities surrounding them in Haryana, Uttar Pradesh and Rajasthan. Its compass includes the Haryana Sub-Region with Faridabad and Gurgaon, which are the two most prominent districts here, with a lot of promise. Then there is the UP sub-region that includes Ghaziabad, the Rajasthan sub-region and now UP [...] Continue Reading »
By March 2015, the government plans to issue tenders for turning Dholera and Shendre-Bidkin to smart cities. These two areas are in the Delhi-Mumbai Industrial Corridor (DMIC). Pioneering the ushering move for Smart cities, Shendre-Bidkin and Dholera are expecting great changes in the days to come. Shatrughna Singh, the additional secretary of DIPP has made [...] Continue Reading »
The main problem facing by the PWD department in Delhi is the shortage of spaces for further construction and for those that are already under progress within the congested cityscape. The secretary of urban development, Delh has asked the Department to consider the proposal of developing a 50km elevated road in the city. This is [...] Continue Reading »
On Sunday, over 150 home-buyers of Uni-tech Residences flats staged a peaceful protest against the delay in the possession of their flats. The flats at the Uni-tech residences project were scheduled to be delivered by the developer, Uni-tech, by 2011 end. With only 22 flats having been handed over by Uni-tech so far, and with [...] Continue Reading »
The Delhi government is mulling a proposal to provide a direct link between Lutyens Delhi and the Indira Gandhi International Airport (IGIA). This proposal is being considered keeping in mind the increasing traffic volume on the route over the years. A lot of traffic from the VIP area moves towards the airport and vice-versa, leading [...] Continue Reading »
Now Delhiites can get their properties converted from leasehold to freehold even without a sanctioned building plan. The same can now be achieved through a copy of house tax assessment order or proof of permanent electricity connection. The Delhi Development Authority (DDA) on Wednesday passed this order in a bid to clear around 1,000 such [...] Continue Reading »
The Supreme Court has upheld the National Consumer Dispute Redressal Commission’s (NCDRC) judgment directing Parsvnath Developers Limited to refund payment received from two buyers for failing to deliver their flats on time. The developer had ensured the flats’ possession within 36 months at the time of booking. Thousands of flat buyers in Delhi-NCR region have [...] Continue Reading »
A call for the inclusion of 10 western Uttar Pradesh districts into the national capital territory is steadily eclipsing the demand for Harit Pradesh that never found favour with the BJP. Ghaziabad, Meerut, Gautam Budh Nagar, Muzaffarnagar, Saharanpur, Shamli, Baghpat, Bijnor, Bulandshahar and Hapur — all approximately within a 100-kilometre radius of Delhi NCR — [...] Continue Reading »
