Delhi NCR
Presidency Infraheights, a Delhi-NCR based real estate developer, is coming up with its first flagship FDI-funded residential project called Presidency Heights on Sector 25, Yamuna Expressway, inside Jaypee Sports City. The project will offer 629 apartments in two and three BHK variants. It will also have a limited number of penthouses. The two BHK units [...] Continue Reading »
On Monday the Greater Noida authority clarified that it had not allotted land to any developer to sell apartments to members of only one particular community. The Greater Noida authority does not make decisions based on caste, creed or community and this allegation is baseless. The realtor also washed his hands of the controversy and [...] Continue Reading »
The former Ranbaxy CEO DS Brar who is currently the chairman of GVK Bio, is close to buying a bungalow in Delhi’s posh Sunder Nagar. Homes in this leafy Lutyens’ zone neighbourhood cost in the region of Rs 100 crore and is preferred by the who’s who of the nation. The Jain family, which runs [...] Continue Reading »
Delhi Metro is rushing to complete the tunnelling work for its two new corridors as now it has to abide by the deadline of 2016. This news will give some sigh of relief to the Delhiites as on Wednesday, the DMRC announced that the tunnelling work between Netaji Subhash Place and Shalimar Bagh on the [...] Continue Reading »
On Wednesday, the Noida authority lodged an FIR against the real estate firm Pratham Builders under the sections of fraud, illegal use of government land and sand mining at Sector 58 police station. On Wednesday, the Noida police arrested eight people, who were found illegally mining sand on its project site at Sector 122. They [...] Continue Reading »
Even after joining the BJP, the former Congress leader Birender Singh shows his loyalty towards his former party Congress. He avoids commenting on the controversial land deal in Haryana which involved the UPA chairperson Sonia Gandhi’s son-in-law Robert Vadra. Singh claimed that he had alerted Sonia to beware of chief minister Bhupinder Singh Hooda‘s “handiwork.” [...] Continue Reading »
Finally, there is some progress in the Rani Jhansi grade separator project. Demolition of the 95-odd houses and shops coming in the way of the project has finally begun. North Corporation has also initiated talks with Railways and plans to buy the land. The flyover–15 years in the making–is now scheduled to be completed within [...] Continue Reading »
The real estate market in Bangalore attracted the maximum private equity (PE) investment in the country in the first half of 2014, beating the national capital Delhi as well as the commercial capital Mumbai, according to property consultancy firm Cushman & Wakefield. Led by high demand for office spaces as well as steady demand for [...] Continue Reading »
For the last 2 years, the festive season did not see a surge in demand in the residential real estate sector. However this year there is some cheer in this field and the property consultants are speculating that the property discounts will get real this festival season, after a gap of about two years. Mobile phones [...] Continue Reading »
The Delhi Development Authority’s (DDA) engineers will launch a protest against the decision to close 18 of its construction divisions. The move to shut divisions is in line with DDA’s restructure plan. More than about 250 engineers would be either shifted or asked to take voluntary retirement. The decision was taken after comparing workloads of [...] Continue Reading »
