Dwarka
Answering queries raised by the media regarding inclusion of EWS houses at Dwarka, Sector -23 in the new housing scheme as one bedroom apartments, the Delhi Development Authority (DDA) on Monday clarified that the flats at Dwarka, Sector-23 was initially conceived as affordable houses for lower sections of the society and accordingly the work was [...] Continue Reading »
A metro extension connecting Dwarka and Gurgaon has been delayed indefinitely, as the Delhi Metro Rail Corporation (DMRC) has not submitted the detailed project report to the Haryana government. With the state assembly polls due in October, the model code of conduct will further delay the project. The extension plan has been struggling to take [...] Continue Reading »
Latest housing scheme by the Delhi Development Authority (DDA)’s with about 3,000 flats on offer will be postponed by at least six months due to the unfinished construction of flats as well as ongoing elections. The housing scheme was announced after a hault of four years and was likely to roll out last month. For [...] Continue Reading »
DDA’s master plan 2021 will help in checking the increasing price of housing units in Delhi and NCR. The industry insider noticed that these would be at least 15 to 20 percent cheaper as compared to the estimated cost of the real estate in the next 3 to 4 years. Mr. Anshuman Magazine, CMD, CBRE, [...] Continue Reading »
The west Delhi MP Mahabal Mishra has gained the most from the city’s real estate boom. In the last five years there has been the continuous increase in the assets of Mr. Mishra and his wife. The property of Mr. Mishra valued at Rs2.75 crore in 2009 whereas the current value of their property is [...] Continue Reading »
The largest Real estate firm of the country, DLF says that they received Rs 93.5 crore from IDFC for acquiring IT park project in Noida. In November 2011, the IDFC has purchased 100 percent shares of Galaxy Mercantile. The Galaxy Mercantile is the joint venture of DLF subsidiary DLF Home Developers and realtor, the 3C [...] Continue Reading »
Delhi government’s deficient documentation and conservation of water bodies is famous. When new water bodies are acknowledged, even those are not conserved for the reason that nobody seems to know which agency is responsible for its maintenance. Two water bodies are recently identified in Dhulsiras village near Dwarka, so they are not on government’s records, [...] Continue Reading »
The Delhi Development Authority (DDA) has been sitting on more than 5000 flats lying vacant in the city. Residents of Delhi may be waiting for Delhi Development Authority (DDA) to offer new flats, but there are about 5,970 flats lying vacant in the city. These vacant flats are in various categories, including high income group [...] Continue Reading »
Converting the property from leasehold to freehold is a very big problem for residents. DDA has announced it is holding a five-day special camp at its headquarters, starting 17th Feb, Monday. DDA Vice Chairman Balvinder Kumar pointed out that due to existing stringent policies of DDA, there are nearly four lakh pending cases of conversion. [...] Continue Reading »
DLF, India’s largest realty firm, said on Monday that following the scrapping of Rs. 6000 Crore project that it had bagged from the DDA in July 2007, it had received a refund of Rs. 675.81 Crores from the agency. DLF would now have to return the 35 Acres of land that it received from DDA [...] Continue Reading »
