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Delhi Property

1500 Illegal Colonies in Delhi to be Regularized

1500 Illegal Colonies in Delhi to be Regularized
The Delhi government on Monday decided to regularize around 1500 unauthorized colonies in the city. Property Owners will be given 90 days to pay the charges after the regularization notification. The Delhi government on Monday decided to regularize around 1500 unauthorized colonies in the city. The Municipal Corporation of Delhi has been told by the [...] Continue Reading »

Fire Safety Officer Mandatory for High-rise Buildings

Fire Safety Officer Mandatory for High-rise Buildings
The Delhi Fire Services (DFS) has asked hotels with more than 100 rooms, underground shopping complexes, buildings above 50 metres in height, district centres, oil and natural gas installations and outdoor stadium with more than 50,000 seating capacity to appoint fire safety officers under Section 29 of Delhi Fire Service Act. The building owners have [...] Continue Reading »

Housing prices could fall in Mumbai and Delhi-NCR

Housing prices could fall in Mumbai and Delhi-NCR
Housing prices could fall by up to 20 per cent in Mumbai and Delhi-NCR sooner than expected if RBI raises key rates in its upcoming monetary policy review, says a report by property consultant Jones Lang LaSalle . It is widely expected that the apex bank would increase the key policy rates by up to [...] Continue Reading »

DDA flats Should be allotted only for Delhi residents

DDA flats Should be allotted only for Delhi residents
A group of applicants for new DDA flats on Sunday demanded that tenements should not be offered to those who do not reside in the capital. Stating that the national capital was reeling under severe shortage of dwellings for its own population, The DDA Flat Applicants Association sought exclusion of non-Delhi residents from the Delhi [...] Continue Reading »

DDA to maintain the flats after their allotment

DDA to maintain the flats after their allotment
DDA realized its responsibility for the maintenance of the flats, will other builders too rise to the occasion and provide the much needed after-sale service to their clients? For the first time, the Delhi Development Authority (DDA) will now provide maintenance of the flats that are part of its latest housing scheme for the next [...] Continue Reading »

DDA Will Take Over The Entire CWG Village

DDA Will Take Over The Entire CWG Village
The Delhi Development Authority (DDA) will take over the entire Games Village Complex. The flats will be ultimately put up for sale some time early next year. According to DDA officials, the process of taking over will involve a complete inspection of every flat in the Village after the organizing committee (OC) has removed the [...] Continue Reading »

Infrastructure augmentation tax may make Gurgaon flats costlier

Infrastructure augmentation tax may make Gurgaon flats costlier
Property buyers in Gurgaon and Faridabad may have to fork out an extra ‘charge’ with Haryana deciding to levy an infrastructure augmentation charge on developers.The state assembly passed the Haryana Development and Regulation of Urban Areas (Amendment) Bill, 2010 on Tuesday.The amendment enables private developers to get full and partial completion certificates for projects. The [...] Continue Reading »

Residents Welfare Associations will be entrusted for collecting property tax

Residents Welfare Associations will be entrusted for collecting property tax
At the meeting of Delhi CM Sheila Dikshit and the deputy chairman of planning commission for finalization of the city’s annual plan, city authorities informed the Planning Commission that RWAs and group housing societies will be entrusted with the task of collecting property tax in their localities. Authorities are hoping to improve the collection of [...] Continue Reading »



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