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Flats in Delhi

DDA allows flats conversion from leasehold to freehold

DDA allows flats conversion from leasehold to freehold
In a move to bring in great relief for thousands of owners of Delhi Development Authority (DDA) flats, the properties registered between 2001 and 2011 on general power of attorney (GPA) and agreement to sell (AS) will be entitles for conversion. Transferring from leasehold to freehold that were registered on GPA and AS from 2001 [...] Continue Reading »

Norms on construction of additional floors eased in Delhi

Norms on construction of additional floors eased in Delhi
New Delhi- The Delhi residents can now heave a sigh of relief as the government has relaxed the norms pertaining the construction of extra floors in residential flats with multiple ownerships. This step by the government was taken in order to eradicate corruption and get the building plans of the owners sanctioned as early as [...] Continue Reading »

Sohna road witnesses 50 % growth in residential values

Sohna road witnesses 50 % growth in residential values
Gurgaon : Investors are attracted to the projects in Sohna road and adjacent sectors like 68 and 69, which offers residential properties in the range of Rs 4500-6000 per sq ft. The price of properties in sectors like 47, 48 49 in the same road has reached to 8000-10,000 per sq ft. Few sectors  like [...] Continue Reading »

Adani realty ties up with M2K Group to develop Rs10 bn luxury project

Adani realty ties up with M2K Group to develop Rs10 bn luxury project
New Delhi:  One of the diversified Indian real estate giants, Adani Realty joined hands with Delhi-based M2K Group, to come up with Rs 10 billion luxury project, in Gurgaon. Oyster Grand is also one of the prestigious residential projects brought up by the Adani Group.  The project is in 19 acres of virgin land with [...] Continue Reading »

Avalon launches project near Delhi

Avalon launches project near Delhi
Avalon Group announces the launch of its biggest project in Bhiwadi.  The 1,100 flats project in Delhi, spread over 15 acres, is estimated to ensure a sale price of Rs 400 crore. .  The project is called The Royal Park project. The company disclosed that the average price would be Rs 2,300 to Rs 2,600 [...] Continue Reading »

Unauthorized property in Delhi will be regularized

Unauthorized property in Delhi will be regularized
The Delhi government has planned to lift the restrictions on sale and purchase of properties in over 1,200 unauthorized colonies. The regularization process of the unauthorized properties in Delhi has started, and once it is completed, there will be no obligation in Sale and purchase of properties in those colonies. Almost 40 lakh people are [...] Continue Reading »

Old projects of Emaar-MGF will be delivered by 2013

Old projects of Emaar-MGF will be delivered by 2013
Emaar-MGF is looking at fast completion of its existing projects in India in the current financial year rather than launching new projects. The main focus of the company is on business consolidation as several of its projects are running behind the schedule and the developer is reeling from a heavy debt burden. Though some new [...] Continue Reading »

1300 Delhi slum dwellers to get EWS flats

1300 Delhi slum dwellers to get EWS flats
The Delhi government has selected 1,300 families across 14 slums for allotment of Economically Weaker Section (EWS) flats. They will be relocated by the end of May. The eligible residents will be allotted flats in the first phase of the project by the Delhi Urban Shelter Improvement Board (DUSIB). Flats will be allotted in areas [...] Continue Reading »

Housing redevelopment project in Delhi

Housing redevelopment project in Delhi
The government of Delhi has planned to re-develop the housing colonies. The project will be the biggest construction work in Delhi. This redevelopment of colonies will be done by National Buildings Construction Company (NBCC). Kidwai Nagar colony in New Delhi will be the first to be redeveloped. The cost of the redevelopment project is estimated [...] Continue Reading »

DDA proposed auction price for CWG flats between Rs 2.5 to 5.8 crore

DDA proposed auction price for CWG flats between Rs 2.5 to 5.8 crore
The Delhi Development Authority (DDA) has planned to auction 110 flats at the CWG Village and they reserve the  prices for those flats between Rs. 2.5 and Rs. 5.8 crore. The Commonwealth Games Village has 34 residential towers with 1,168 flats. The authority has more than 700 apartments in CWG under their share. The DDA [...] Continue Reading »



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