New Delhi
New Delhi- In a recent announcement made by Ramprastha Group, it was stated that the investment firm Clearwater Capital Partners, will be investing Rs 100 crore on the 600-acre township in Gurgaon which has been created at a whooping cost of Rs 4,000 crore. Currently, the real estate firm has launched six housing projects consisting of about 3,000 flats along [...] Continue Reading »
New Delhi- Builders will never get tired of trying their tactics on home buyers. At a time where the home sales are quite slow, builders have come up with new concepts like roping in the renowned figures like Mary Kom and Maria Sharapova to sell their homes by having a boxing academy of Mary Kom in a [...] Continue Reading »
New Delhi- Recently the Delhi Development Authority (DDA) was asked to pay the property tax for the year 2012-2013 by the civic agency followed by the South Municipal Corporation. The property tax was to be paid by the DDA for using parks and grounds in East Delhi for various events like marriages, functions and ceremonies. Although the parks and the [...] Continue Reading »
New Delhi- The final hearing of DLF’s petition against Competition Commission of India’s order imposing 630-crore penalty on the company was deferred to November 29 by the Competition Appellate Tribunal (COMPAT). A time of two weeks was given to the fair trade regulator for the completion of the draft modifications of the sale agreements between DLF and [...] Continue Reading »
New Delhi- Relief will be provided to commuters who pass by the chaotic underpass site in Sarita Vihar as Delhi Development Authority (DDA) has planned to improve the road conditions at the work site which had the underpass being constructed from four years. This decision was taken due to a report which highlighted several problems which included lack of [...] Continue Reading »
New Delhi- According to a top executive of property advisory firm, CB Richard Ellis-Asia Pacific, India still continues to be a key real estate market for Private Equity funds and other foreign investors although the country has been affected by global economic slowdown. The Asia Pacific region of India has been considered a place of opportunities for developers who [...] Continue Reading »
New Delhi- An issue raised in the standing committee stating that obtaining a complete certification is quite a tedious task and with the former issue of the certificates from October 2008 to December 2010, the corporation missed on charging the compounding fee based on the 2007 circle rates and instead the former charges from 1998-20 were practiced. [...] Continue Reading »
New Delhi- With the approval of the regularisation of the unauthorised colonies by the Delhi government, it was declared by the three municipal agencies that the work on the layout is yet to begin. According to the officials, the Delhi Government is yet to fix the cut-off date by further planning the layouts. However, in 2007, [...] Continue Reading »
New Delhi- Although Delhi might be prospering swiftly in terms of per capital income, but a recent mathematical calculation report stated that about 32.2% residents have just a single room to call as their home. This eventually proves that the capital has a very large proportion of lower middle income class as its population. On [...] Continue Reading »
New Delhi- If you haven’t yet paid your service tax dues, hurry up as November 27 is the deadline with over Rs.10-lakh rental income out of the immovable properties. Tax payers who fail to pay by the deadline will be charged a penalty. Tax implies to renting commercial properties with the rental amount exceeding the limit of Rs.10 lakh annually. [...] Continue Reading »
