New Delhi
New Delhi- A portion of land in the prime location of Mumbai was being usurped by a builder with the use of an irregular No Objection Certificate under the defence security. Apparently, the CAG has critisised the Army for this. The local defense authorities were being targeted by the government stating that despite few fraudulent activities concerning the piece [...] Continue Reading »
A complaint filed by DGCOM Buyers and Owners Association against Delhi-based leading realtor DLF, alleging market power exploitation, has been declined by the Competition Commission of India (CCI). The Chennai-based association had filed a petition with CCI claiming that DLF has misused its dominant market position relating to a residential project in Chennai. The petition [...] Continue Reading »
New Delhi- The flat owners in Greater Noida (West) Uttar Pradesh (Gaur City I project) have stopped receiving the home loan installments from Bank of Baroda due to an ongoing litigation. When questioned about stopping the loans, Minister of State for Finance, Namo Narain Meena agreed with it and stated that property is involved in [...] Continue Reading »
New Delhi- In order to keep a check on the illegal mobile towers in Delhi, a special drive has been initiated by the corporation. Reports state that in the past few months, there has been an increase in the number of illegal cellphone towers in residential colonies. Out of 5,656 mobile towers in Delhi there are [...] Continue Reading »
New Delhi- If you’re looking to invest in a commercial unit, then this is the right time for you as Delhi-NCRs commercial property is expected to fetch great returns. Gurgaon and Noida, which are also the key commercial hubs of Delhi-NCR, will witness an increase in the rental and capital value despite the uncertain economic scenario [...] Continue Reading »
New Delhi- The city will now see different lanes for about 160 roads as the ‘ Disaster Management Lanes‘ by the end of this year. A person driving on these lanes at the time of disaster will be punished. The lanes will be designed with 3.5-meters and will be painted blue in colour on the [...] Continue Reading »
New Delhi- Interest was evinced by four entities -Karvy, CAMS, NSDL and CDSL regarding the genuineness of about three crore investors in the Sahara case bidding for the job. This was done on behalf of market regulator Sebi (Securities and Exchange Board of India). A process to select an In-Person Verification (IPV) agency to conduct a face to face verification amongst the three [...] Continue Reading »
New Delhi- People in Delhi prefer shopping on high streets than in malls. This change has been witnessed through a study wherein the shops on the high streets get more buyers and retailers than those in malls. The demand for the high streets is increasing when compared to the supply followed by an increase in the capital [...] Continue Reading »
New Delhi- A report released by the Knight Frank Investment Advisory, stated that due to the increased property prices ranging from Rs. 3,200 per sq ft to Rs 15,000 per sq ft, there will be an increase in the property buying with real estate acting as a promising asset in the coming years. Mumbai leading the first [...] Continue Reading »
New Delhi- A report by National Housing Bank ( NHB) showed the real estate housing trend in 11 cities which included Bangalore and Kolkata. These cities witnessed a decline of about 5 percent from July-September meanwhile the other 9 cities saw an increase of about 10 percent. The highest price rise of 10.1 percent was witnessed [...] Continue Reading »
