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market rate

No increase in circle rates in Delhi till polls end

No increase in circle rates in Delhi till polls end
A hike of around 20% to 50% is proposed in the circle rates for property registration in Delhi. The black component in transactions may reduce to nil as circle rate and market rate may become equal in areas like unauthorized regularized colonies and new settlements in Narela and Bawana. The Lieutenant-governor Najeeb Jung is not [...] Continue Reading »

ULCRA controversy still resumes

ULCRA controversy still resumes
The draconian Urban Land Ceiling (Regulation) Act (ULCRA) was scrapped by the Maharashtra government four years ago, which still continues to be a bitter issue between the state and builders. Though nearly forty notices were issued from past one year by the state urban development department to return the tenements to government, many developers challenged [...] Continue Reading »



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