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Delhi

Property prices to shoot in Delhi and Noida belt

Property prices to shoot in Delhi and Noida belt
The property rates in the Noida belt are set to go up as the Registry and Stamp Department of Gautambudh Nagar has announced to increase the circle rates by around 10 percent from the 1st of August. The announcement to this effect was made by the department post getting the go ahead notice by the [...] Continue Reading »

Delhi/NCR: NDMC planning facelift of Connaught Place’s Super Bazar area

Delhi/NCR: NDMC planning facelift of Connaught Place’s Super Bazar area
The NDMC has plans underway to give a facelift to the Super Bazar area in Connaught Place. The Super Bazaar building has been non-operational since 2002, when the bazaar was shut down because of monetary issues. The plans which the NDMC is working on, to give the Super Bazar area a facelift, include the construction [...] Continue Reading »

Delhi/NCR: Govt releases Rs 200-cr to DMRC for Metro projects

Delhi/NCR: Govt releases Rs 200-cr to DMRC for Metro projects
A Government official revealed on Wednesday that a sum of Rs 200 crore has been released by the Government to the Delhi Metro Rail Corporation (DMRC) “as contribution to equity as a first installment in the current year of 2014-15.” According to the information shared by the unidentified Government official, an amount Rs 3,561.60 crore [...] Continue Reading »

DDA allotted flats cannot be sold for 5 years

DDA allotted flats cannot be sold for 5 years
People can be disappointed if they are looking forth to the Delhi Development Authority (DDA) upcoming housing plan 2014 as the investment opportunity is not good. The DDA is making plans to introduce a clause that states that the people who will be allotted flats would be given the possession of the flat only after [...] Continue Reading »

Delhi/NCR: Office space absorption increased 11% in Q2 2014

Delhi/NCR: Office space absorption increased 11% in Q2 2014
In a report released on Sunday, global property consultant DTZ said that the April-June 2014 quarter witnessed an 11 percent year-on-year increase in office space absorption in Delhi-NCR. As a result of the increase, office space absorption in the Delhi-NCR region touched 1.38 million sq ft during the reporting quarter. However, as per the DTZ [...] Continue Reading »

Airport Express Metro Line fare to reduce in Delhi

Airport Express Metro Line fare to reduce in Delhi
After operating the Airport Express Metro Line for a long time since the past one year, the Delhi Metro Rail Corporation last day has made a decision to reduce the level of passenger fares for up to 40 percent. The new rate of passenger fare will be levied from the 24th of July. As stated [...] Continue Reading »

UN report: Delhi is world’s second most populous city

UN report: Delhi is world’s second most populous city
According to a United Nations’ report released on Friday, India’s capital city Delhi is the second most populous city in the world. The report- based on statistics as on July 1, 2014 – said that the total population of Delhi is approximately 25 million. As per the UN report, the most populous city in the [...] Continue Reading »

AIIMS to be set up in each state

AIIMS to be set up in each state
Chief Ministers from various states have received a request from the ministry of health and family welfare to find out a suitable land for setting up AIIMS in their respective states. This initiative has been taken to meet the needs of the various states for health related problems. Health Minister, Harsh Vardhan stated that the [...] Continue Reading »

Delhi: DDA asked to allot land to turn debris into building material

Delhi: DDA asked to allot land to turn debris into building material
In a last-week order to the Delhi Development Authority (DDA), Urban Development Minister Venkaiah Naidu said that the Authority should allot land to each of the municipal bodies in places where there is potential for installation of facilities for conversion of debris into building material. In the instructions released to DDA on Friday, Naidu said that [...] Continue Reading »

Mumbai Metro Set to Change the Face of Realty in the City

Mumbai Metro Set to Change the Face of Realty in the City
When India’s capital was given the Delhi Metro, it completely changed into the fast-paced city that you see today. India’s financial capital is gearing up for a similar change with the forthcoming Versova Andheri-Ghatkopar (VAG) corridor commissioning of the Mumbai Metro. The PPP initiative from a major French transportation company, Veolia, and Reliance Infra is [...] Continue Reading »



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