Delhi NCR
New Delhi- The recent norms imposed by the environment ministry pertaining the green clearances has been quite a menace to the highway developments projects. Owing to this, the National Highways Authority of India (NHAI) has approached the Supreme Court. The NHAI requested the Supreme Court for a clarification/modification which was declared in the year 2011 which further [...] Continue Reading »
New Delhi- A new survey will be conducted by the North Delhi Municipal Corporation (NDMC) in order to increase the number of properties under tax net. However, the deliberative wing of the civic body is not in favour to increase property taxes due to political compulsion factors. The corporation is further planning of alternatives which can fetch maximum number [...] Continue Reading »
Sahara Group companies presented a new application to Supreme Court seeking extension of time till February 20 to submit documents related to debentures to SEBI. As Sahara group has a debt of over 22 million to repay to its investors and it looks like the only way the Sahara Group can repay its debt is [...] Continue Reading »
Delhi- Lucknow the capital of Uttar Pradesh has in the past 10 months attracted investments worth Rs. 10,000 crore into different sectors under the Samajwadi Party-led Uttar Pradesh government. According to a higher official, the state government attracted a total investment of about Rs. 10,000 crore within the past 10 months through various sectors. It is believed that the [...] Continue Reading »
New Delhi- With the GMR group walking out of the Kishangarh- Udaipur-Ahmedabad project slated for 16 months after securing the order has invited trouble as the National Highways Authority of India (NHAI) may take legal action against GMR Group. An estimated investment of about Rs 5,387 crore was expected for the project.This project with an annual premium of 26 years and [...] Continue Reading »
During BSP regime in Uttar Pradesh, a housing scheme was introduced which had some loops in the agreement. A new board meeting is organized by three authorities in Gautam Budh Nagar to settle a new amendment in the housing scheme. The housing plots were available to all by just paying 10% of the total amount [...] Continue Reading »
New Delhi- The developers all over the country are expecting an industry status as well as favourable policies in the realty sector in the year 2013. However, in the year 2012, the government had initiated few favourable real estate regulations which benefited the real estate sector.Owing to this, the year 2013 can have the execution of the former year [...] Continue Reading »
New Delhi- The city government was asked to revive its panel to re-look into the lawyers’ body plea formed against the formation of 11 judicial districts by the Delhi High Court. The jurisdiction of few areas has been transferred to many places away from district courts. The Delhi High Court bench consisting of the Chief Justice D Murugesan [...] Continue Reading »
New Delhi- High property prices and rising interest rates of home loans during 2012 have brought down demand for properties in India. In the top six cities of India, the housing sales have dropped by 16 percent to around 2 lakh units in the previous year, revealed a report by property consultant Knight Frank. Many [...] Continue Reading »
New Delhi- With the town planners working on the land use plans in Delhi, the city’s development is being implemented in an arbitrary manner. The Delhi master plan 2021 documents along with the master plan for the zonal areas which were procured by the DDA were vague in terms of presentation and content. In the year [...] Continue Reading »
