Karol Bagh
Kamala Market in Delhi may soon give way to a high-rise commercial complex. The North Delhi Municipal Corporation has plans to replace the 60 year old market, named after the wife of first Prime Minister Jawaharlal Nehru. NDMC Standing Committee Chairman Mohan Bhardwaj informs that by replacing market like Kamla nagar with modern commercial complexes, [...] Continue Reading »
Delhi’s development faces a hard time due to lack of full statehood. As per the new central law on land acquisition that was in effect from January 1 the union territories have to vest all powers in centre leaving authorization in land acquisition for projects. Therefore, there is a dusk of ambiguity over at least [...] Continue Reading »
New Delhi: Delhi government seems to be reluctant to take any decision in case of the Delhi Rent (Amendment) Bill before the upcoming 2013 Assembly election as it may harm its prospects. Although the union urban development ministry and Delhi government worked very hard to regularize unauthorized colonies and farmhouses hoping electoral benefits, they have [...] Continue Reading »
The retail rentals in Delhi have increased to 21% and the areas falling in to it are South extension, Karol Bagh, Khan Market and others. According to global property consultant Cushman and Wakefield (C&W), the high street of South Extension witnessed a growth of about 21% in rental values during June-September period, which was further followed [...] Continue Reading »
