Delhi
Representatives of more than 30 residents’ welfare associations (RWAs) met special commissioner traffic B S Bassi and joint CP (traffic) Satyendra Garg on Monday morning to discuss the traffic problem in the Savitri Cinema, GK-II area. With the lieutenant governor of Delhi (L-G ) , Tejendra Khanna, directing UTTIPEC and Delhi Traffic Police to look [...] Continue Reading »
National Housing Bank (NHB) has taken 2007 realty as a benchmark of the Residex pegged at 100. The figures show how Ahmedabad along with five others cities – Mumbai , Delhi, Chennai, Lucknow and Pune – have bucked the trend of falling prices. Residex (residential index) figures for city areas reveal that the road expansion [...] Continue Reading »
The Delhi High Court has asked the Delhi Development Authority (DDA) to comply with its earlier order to send two of its officers to the disputed site of alleged encroachment for inspection on a plea by the Resident Welfare Association (RWA). According to the RWA, in 2003 on the complaints of the residents an FIR [...] Continue Reading »
The Pune Special Cell held gang of fraudulent real estate managers for cheating more than 200 people in Delhi and Pune of crores of rupees. The fraudulent real estate managers tricked people into buying land in Masharashtra towns at ‘low rates’ and fled. “With the arrest of one Arvind Kumar, a resident of Paschim Vihar, [...] Continue Reading »
The revenue department has proposed an amendment to the Indian Stamp Act, 1899 to capture the huge change in the Indian economy over the past century. The draft law will be taken up by the cabinet soon. The new stamp duty law worked out by the government says the benefit will lapse one year after [...] Continue Reading »
Civic agencies in the city seem to have sprung into action against illegal construction.According to local residents of Agar Nagar, nearly 30-35 houses were demolished in this drive which started around 11.30am. People’s Union for Civil Liberties (PUCL) members said the colony is in the process of regularisation and was given a provisional certificate by [...] Continue Reading »
The Delhi Real Estate Bill has been pending for over three years now with the Union urban development (UD) ministry and is unlikely to see the light of the day anytime soon. At present, the Capital does not have any system in place to protect property buyers against unscrupulous real estate developers, agents and promoters. [...] Continue Reading »
