Delhi Development Authority
New Delhi- While many buyers are struggling to find affordable houses to buy in Delhi, there are over 500 DDA flats lying vacant. The Delhi Development Authority (DDA) has several flats which are lying vacant as they were either surrendered or cancelled under various housing schemes. Among the vacant flats, many are higher income group [...] Continue Reading »
New-Delhi- In a recent decision made by the government, a plan to set up the Land Authority of India to take over the under-utilized and unused government land and their monetizing has been made. This will help in the country’s capital generation of about Rs. 1 lakh crore which will help in propping the country’s burgeoning fiscal deficit. The decision was put [...] Continue Reading »
Delhi- Delhi investors are excited at the proposal of development of country homes in the green belt of Delhi – in Zone N (Northwest) and Zone L (Southwest). These zones have recently witnessed the release of agricultural land. Delhi Development Authority (DDA) has proposed that farmhouses of one-acre size shall be constructed in the green [...] Continue Reading »
Ghaziabad- Growing number of high rises, malls and housing societies have influenced the demand for elevators. Along with the residential developments, commercial and industrial projects too have been contributing to the elevator sales. Though usage of lifts in NCR started around 25 years ago, the growth in the segment picked up speed in the [...] Continue Reading »
In a move to extend Lal dora boundaries, Delhi Development Authority’s (DDA) advisory group has approved and included the extension of Lal dora areas in Master plan 2021. The extended Lal dora land which came up till 2007, will be given residential status according to the decision taken by the authority. The master plan was [...] Continue Reading »
According to South Delhi Municipal Corporation, Delhi Development Authority (DDA) owes Rs 746 crore in property tax with topping the list of property tax defaulters. Around 319 properties and 24 sports complexes in the city for which it is liable to pay property taxes. Housing societies such as HUDCO and CPWD are also found liable [...] Continue Reading »
RIL (Reliance Industries Limited) is set to come up with a mall in Delhi. According to sources, RIL will use the land Mukesh Ambani won in a Delhi Development Authority bid for around Rs.400 crore in 2007 to construct its 720,000 sq ft commercial complex at Alaknanda. RIL plans to accommodate two- fifth of the [...] Continue Reading »
Around 20 allottees recently got possession of their HIG Dwarka flats built under Delhi Development Authority (DDA)’s 2010 housing scheme. However, the ‘ready-to-move-in’ flats are still devoid of basic facilities like water, electricity connections and roads. Of the 930 high-end flats in the complex, 217 are still under construction. Though DDA officials had claimed that [...] Continue Reading »
The Central Bureau of Investigation (CBI) is likely to close its investigation in two cases related to large scale alleged corruption during the Commonwealth Games, of which, one being the Barapullah flyover case and the other is bailout package given to Emaar MGF for construction of 1,168 flats in the Commonwealth Games Village. Sources from [...] Continue Reading »
The buyers of property are further relieved in Delhi. In relation with the granting of the “deed of apartment” to landowners, the Delhi High Court has observed that the land owning agencies such as the Delhi Development Authority can execute the deed of apartments if builders fail to do so. It will help property buyers [...] Continue Reading »
