Delhi
New Delhi: Government is planning to approve all the real estate projects in a fast track basis and also to put them online so that the consumers can have a clear idea before booking a house and can bring down home prices. A government committee headed by former commissioner of India chairman Dhanendra Kumar is [...] Continue Reading »
Delhi: Rohini Sector 9 is becoming a hot investment place due to the connectivity with the other parts of the city and easy access to schools, colleges and offices. Rohini Sector 9 properties have become the upmarket investment sector in Delhi which pushed the price of the properties and hence multi-storey apartments in Rohini Sector-9 [...] Continue Reading »
New Delhi- In an action to set rigid rules for people who have not yet paid their indirect taxes, the finance ministry has decided to take stern measures through the stepping up of compliance and will further generate extra revenue through the collection before the next financial year arrives. In a warning by the revenue secretary [...] Continue Reading »
Delhi- Delhi investors are excited at the proposal of development of country homes in the green belt of Delhi – in Zone N (Northwest) and Zone L (Southwest). These zones have recently witnessed the release of agricultural land. Delhi Development Authority (DDA) has proposed that farmhouses of one-acre size shall be constructed in the green [...] Continue Reading »
Ghaziabad- Northern Peripheral road connecting NH-24 with North Delhi is expected to boost up the real estate business by about 10 to 15 percent. Ghaziabad Development Authority (GDA), in collaboration with Central Road Research Institute (CRRI) planned the road project and the estimated budget for this project is Rs 440 crore. It is expected to [...] Continue Reading »
New Delhi- Housing and Urban Development Corporation Ltd (HUDCO) has planned to raise around Rs 5,000 crore. In this regard, the corporation will launch a public issue of tax-free bonds next month. The fund raised will be used for funding low-cost housing and urban infrastructure projects. Investments up to Rs 10 lakh falls under retail [...] Continue Reading »
New Delhi- With major fluctuations in the Indian realty market over the past few years, experts expect that the year 2013 will create a developing uproar in the sector. The key reason would be government’s positive approach towards the revolutions and moderation pertaining the interest rates. The year 2013 will see the Land Acquisition and the Real [...] Continue Reading »
New Delhi- The year 2012 saw a dip in the office space absorption of about 23 percent with 29 million sq ft in all the major cities. With the flourishing global uncertainties and Indian economy slowdown, corporates in major cities were quite alert about expanding their business midst such market conditions. The 8 major cities, NCR, Mumbai, Bengaluru, [...] Continue Reading »
New Delhi- Over Rs 15,000 crore of several infrastructure development firms has been locked up in the ongoing highway projects as the concerned officials are not ready to approve excess cost for projects even though the costs are legitimate. All such additional payments made over extra works and costs, which are permitted during road construction works, has [...] Continue Reading »
New Delhi- The Infrastructure Development Financial Company (IDFC) is geared up to hold a whooping share of about 74 percent in the project of Delhi-Gurgaon Expressway, by relieving the project concessionaire. Despite the IDFC holding a greater share, there has not yet been any clarity about the IDFC’s move fetching benefit to the commuters. However IDFC refuses [...] Continue Reading »
