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New Delhi

Parents worry as ‘Aadhaar card must’ to get income certificate

Parents worry as ‘Aadhaar card must’ to get income certificate
New Delhi- The Delhi government has made it mandatory for parents seeking admissions for their children under the Economically Weaker Section (EWS) in private schools to have income certificates. But as per the government rule, one can obtain an income certificate only if the person has an Aadhaar number. It has become a major concern [...] Continue Reading »

Growing luxury realty sector of Delhi

Growing luxury realty sector of Delhi
New Delhi- According to real estate consultants and market analysts, luxury realty sector had remained constant in the first two quarters of 2012, but picked up momentum after the third quarter. Projects with price tags of Rs 5 crore and more are listed under luxury projects in Delhi and NCR region while in Mumbai, the [...] Continue Reading »

Consider these before buying property for rental income

Consider these before buying property for rental income
New Delhi- As a buyer it is always better to think of the various aspect before investing in any sort of property be it for rental income or for residing purpose. Not many of us think  about the imbalance of the costs incurred in the long run  while investing in a property for rental income. The most [...] Continue Reading »

Delhi: New high rise apartments in place of old government quarters

Delhi: New high rise apartments in place of old government quarters
New Delhi- The old rickety government buildings spread through the heart of New Delhi on a major arterial road will very soon be replaced with high rise commercial and residential apartments. Since Independence, this  redevelopment project is one of the largest redevelopments which is expected to change tables of the National capital. As per the plan, [...] Continue Reading »

Power bills hike by 20%, discoms to be made cash positive

Power bills hike by 20%, discoms to be made cash positive
New Delhi- This year, the electricity bills are likely to be increased by about 20 percent all over the country as the government is compelled to move on with the pricing reforms which is essential for the feeble sector. As per P Uma Shankar, Power Secretary, the restructuring and the lending schemes are tied with the tariff revisions [...] Continue Reading »

Government warns indirect tax evaders, boosts collections

Government warns indirect tax evaders, boosts collections
New Delhi- In an action to set rigid rules for people who have not yet paid their indirect taxes, the finance ministry has decided to take stern measures through the stepping up of compliance and will further generate extra revenue through the collection before the next financial year arrives. In a warning by the revenue secretary [...] Continue Reading »

South Delhi MC area to have doubled parking rates

South Delhi MC area to have doubled parking rates
New Delhi- With the clearance of the budget proposal by the civic body, parking rates for areas  which fall under the South Delhi Municipal Corporation were doubled. This measure by the civic body was taken in as it had been suggested by the SDMC Commissioner Manish Gupta followed by few modifications. As per Gupta’s decision, [...] Continue Reading »

NCR observes 55% mall vacancy: ASSOCHAM

NCR observes 55% mall vacancy: ASSOCHAM
New Delhi- A survey made by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has revealed that over half of the total malls in Delhi-NCR are lying vacant. Currently Delhi-NCR is witnessing 55 percent of total vacancy in malls. The mall vacancy rate of other prime cities of India are 52 percent in [...] Continue Reading »

Developers reluctant to take up new road development projects

Developers reluctant to take up new road development projects
New Delhi- Over Rs 15,000 crore of several infrastructure development firms has been locked up in the ongoing highway projects as the concerned officials are not ready to approve excess cost for projects even though the costs are legitimate. All such additional payments made over extra works and costs, which are permitted during road construction works, has [...] Continue Reading »

Commuters annoyed as Kalindi Kunj bridge closed for repairs

Commuters annoyed as Kalindi Kunj bridge closed for repairs
New Delhi- As a carriageway of the Kalindi Kunj bridge has been closed for repairs, travelling has become an issue to commuters. The commuters who used to spend hardly forty minutes to travel from Faridabad to Nehru Place even during peak hours, have been spending around two-three hours. Many of them have started taking alternate [...] Continue Reading »



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