Apartments in Delhi
New Delhi: One of the diversified Indian real estate giants, Adani Realty joined hands with Delhi-based M2K Group, to come up with Rs 10 billion luxury project, in Gurgaon. Oyster Grand is also one of the prestigious residential projects brought up by the Adani Group. The project is in 19 acres of virgin land with [...] Continue Reading »
Avalon Group announces the launch of its biggest project in Bhiwadi. The 1,100 flats project in Delhi, spread over 15 acres, is estimated to ensure a sale price of Rs 400 crore. . The project is called The Royal Park project. The company disclosed that the average price would be Rs 2,300 to Rs 2,600 [...] Continue Reading »
The Delhi high court has allowed the Capital’s land-owning agencies to execute “deeds of apartment” for home buyers in case a builder fails to do so. Allowing a PIL which sought a direction for enforcement of the Delhi Apartment Ownership Act, a bench of Acting Chief Justice A K Sikri and Justice Rajiv Sahai Endlaw [...] Continue Reading »
The Delhi government has planned to lift the restrictions on sale and purchase of properties in over 1,200 unauthorized colonies. The regularization process of the unauthorized properties in Delhi has started, and once it is completed, there will be no obligation in Sale and purchase of properties in those colonies. Almost 40 lakh people are [...] Continue Reading »
The value of residential properties in Delhi is rising. With the increasing infrastructure projects, the real estate property market of Delhi is seeing a raise in demand for housing projects in several areas of the city. The capital value as well as the rental value of apartments in Delhi has witnessed an average hike of [...] Continue Reading »
According to a recent survey made by a consulting firm, residential properties in Delhi are selling much faster than any other cities in India. According to the survey, Delhi has almost 1.6 million units of unsold apartments and it will only take almost 23 months to sell these apartments. The reasons behind the speedy sale of [...] Continue Reading »
The government of Delhi has planned to re-develop the housing colonies. The project will be the biggest construction work in Delhi. This redevelopment of colonies will be done by National Buildings Construction Company (NBCC). Kidwai Nagar colony in New Delhi will be the first to be redeveloped. The cost of the redevelopment project is estimated [...] Continue Reading »
The Delhi Development Authority (DDA) has planned to auction 110 flats at the CWG Village and they reserve the prices for those flats between Rs. 2.5 and Rs. 5.8 crore. The Commonwealth Games Village has 34 residential towers with 1,168 flats. The authority has more than 700 apartments in CWG under their share. The DDA [...] Continue Reading »
The forum for Tax Advocates asked the Delhi Government to come out with a new scheme for builders and land developers who have been constructing buildings and offices on contract basis for non-payment of Value Added Tax. The president of the advocate association feels that in the coming budget for 2012-13 the Delhi Government should [...] Continue Reading »
During year 2011, a small girl fell down from a second floor balcony apartment in Nagpur due to the poor quality railings used in it! Now, the similar issue has been a major matter of concern for the residents staying at apartments in Delhi. After a survey the fact came into limelight that the builders [...] Continue Reading »
