DDA
In last one decade the satellite towns of satellite town of Gurgaon and Noida experienced great development primarily because of unavailability of land in Delhi. However, this may change soon as DDA has approved a policy based on the concept of pooling of agricultural land to accommodate the increasing demand of urbanization. This is a [...] Continue Reading »
Converting the property from leasehold to freehold is a very big problem for residents. DDA has announced it is holding a five-day special camp at its headquarters, starting 17th Feb, Monday. DDA Vice Chairman Balvinder Kumar pointed out that due to existing stringent policies of DDA, there are nearly four lakh pending cases of conversion. [...] Continue Reading »
The joint venture real estate company of Dubai’s Emaar Properties and India’s own MGF Group is seriously considering the idea of what it calls an “iconic” building in India. The venture has since its launch in the country in 2005, remained focused on high-end residential and commercial properties (in the ratio of 9:1). The development activities of [...] Continue Reading »
DLF, India’s largest realty firm, said on Monday that following the scrapping of Rs. 6000 Crore project that it had bagged from the DDA in July 2007, it had received a refund of Rs. 675.81 Crores from the agency. DLF would now have to return the 35 Acres of land that it received from DDA [...] Continue Reading »
Property consultant CBRE predict that land prices in Gurgaon and Noida may fall as 70,000 acre is likely to be available in Delhi due to DDA’s new land pooling policy. Delhi Development Authority (DDA) has recently passed land pooling policy, according to which, private developers can privately acquire land from landowners/farmers willing to participate in [...] Continue Reading »
Within a month of announcing to launch a new housing scheme “covering all segments of society” in 2014, the Delhi Development Authority took a U turn on Friday and said that the agency is not going to come up with any new housing scheme in near future. Insisting that the immediate requirement is to clear all kinds [...] Continue Reading »
The Delhi Development Authority (DDA) is planning to make a new provision in the Master Plan 2021 for introduction of studio apartments and service apartments. As per the proposal, studio apartments will be allowed to come up in residential zones while service apartments will be restricted to commercial centers. According to the DDA’s proposal, it would [...] Continue Reading »
The Delhi Government plans to develop public utility services on unused plots of 1,000 sq. yards or above which are vacant in unauthorised colonies; in a bid to protect them from land sharks. The Delhi Urban Development ministry commenting on this move said that although there is no land vacant in over 700 colonies; there [...] Continue Reading »
Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) will soon be allotted a huge land of 130-acre prime land which is adjacent to the Indira Gandhi International Airport ( IGIA) for constructing a complex that would include a convention center, hotels and luxury housing/service apartments. The company wants to construct the complex in the land of 100 [...] Continue Reading »
New Delhi: Delhi Metro network is likely to connect Sonepat and Greater Noida as a parliamentary panel has directed the Urban Development (UD) ministry to work towards it. The Urban Development ministry should discuss with Delhi Metro Rail Corporation (DMRC), Delhi and Haryana in this regard, suggested a report submitted by the Standing Committee on [...] Continue Reading »
