Delhi NCR
The Delhi Development Authority (DDA) has decided to slash its registration fee by Rs 50,000 for its new housing scheme expected to kick-off by the end of this month. For its 2010 housing scheme, the DDA had charged Rs 1.5 lakh as the registration fee but this time it has decided to cut the charge [...] Continue Reading »
The Realty player Poddar Developers today reported over three-fold jump in the consolidated net profit for the April-June quarter at Rs 10.20 crore mainly on the back of improved sales. It had reported a net profit of Rs 2.94 crore in the corresponding quarter last fiscal, a release issued here said. The Mumbai-based firm sales [...] Continue Reading »
The Delhi Development Authority (DDA) has made plans to maintain its flats for 30 years after allotment has come under flak from the umbrella body of the city’s apartment owners associations. The DDA had decided that it would take care of the maintenance of its flats for 30 years that are allotted as part of [...] Continue Reading »
Aiming to solve the problem of regularisation of unauthorised colonies in the national capital city, the Centre will prepare a draft policy on it in the next 15 days. A concept paper will be prepared within 15 days after which Delhi government, in consultation with the Union Urban Development Ministry, would prepare an action plan [...] Continue Reading »
So many things that make India a very difficult place to invest in and do things are what the moderate response is from the American real estate tycoon Donald Trump to this correspondent who, at a recent event in Dubai, enquired about his investment preferences. But what made Trump react this way? Is it the [...] Continue Reading »
The Supreme Court last Wednesday stated that the real estate firm of Supertech to refund the principle amount to the flat owners who had applied for their refund before April 30th by the end of this month. The firm is going to refund around Rs 35 crore to the allotted people of twin towers Apex [...] Continue Reading »
Supertech, the Noida authority and a group of buyers had filed a petition challenging the Allahabad high court’s order to demolish the twin towers of Supertech’s Emerald Court. The Supreme Court (SC) will hear the Supertech Emerald Court case which involves Noida’s upscale Sector 93A for flouting building norms. To challenge the Allahabad high court’s [...] Continue Reading »
The public works department has urged the government to secure bungalows in stately Lutyens Delhi, including the one housing the prime minister. The department’s report mentioned that they may not be able to withstand an earthquake. And since very important people reside in the bungalows, the government needs to take immediate actions. Most of the [...] Continue Reading »
In a move which underscores India’s bigwig housing finance firm HDFC’s foray in the education arena, the company is apparently set to launch its first school in Gurgaon this week. The school will be an English medium institution, and will be affiliated to CBSE. Scheduled to become functional from the next academic session (2015-16), the [...] Continue Reading »
The Noida Authority has given its requisite approval for the widening of the bridge which flanks across an irrigation drain that flows between Noida and East Delhi. The widening of the bridge underscores an attempt by the Authority to facilitate the decongestion of one of Noida’s busiest road intersections. The work on widening the bridge [...] Continue Reading »
