New Delhi
New Delhi- The Nodal Steering Committee was appointed by the High Court on the unauthorized construction and encroachment and asked the deputy commissioners to address the power distribution companies (discoms) and Delhi Jal Board (DJB) in order to disconnect the water and electricity supply. Also the sub-registrar of the zones were not allowed to register any unauthorized property. In [...] Continue Reading »
Finally over 2,000 flat allottees of the Delhi Development Authority’s (DDA) 2010 housing scheme are about to get relief from their problems. Though most of the total 16,000 allottees of the housing scheme have been given possession of their flats, a large number of them are yet to receive power or water connections in their [...] Continue Reading »
Delhi’s skyline seemed to be changing soon. The cooperative housing societies in Delhi have shown keen interest in Delhi Development Authority (DDA)’s notification for higher floor area ratio (FAR) for existing group-housing societies. Since the additional FAR can be availed only for new constructions, cooperative societies are exploring possibilities of knocking down old constructions. The [...] Continue Reading »
The builders have expressed their displeasure over the delay they have to face while getting environmental clearance. Developers body, Confederation of Real Estate Developers’ Associations of India (CREDAI), says that the environment clearance delays projects by almost two years. While developers’ body is pushing for a practical approach by the environment ministry, so that the [...] Continue Reading »
The business deals between Robert Vadra, the son-in-law of Congress Party president Sonia Gandhi, and DLF Group has come under scanner for the last few days. Amidst all the political ruckus, new information reveals that Vadra had bought 41 premium apartments from DLF but subsequently sold most of them at a profit. All the apartments [...] Continue Reading »
The residents of Vasant Vihar have raised opposition against the proposed Metro station in the area. The dispute over the location of the station between the authorities and residents has been going on for more than a year. The residents have been claiming that the site chosen by Metro falls within residential zone. The residents [...] Continue Reading »
Delhi Development Authority (DDA) has given hotels in Delhi a more than 11 times hike in FAR( floor area ratio). FAR has been increased to 175 from 15. The decision has been announced at the recent DDA meeting. The added FAR would be applied to hotels with sanctioned building plans as on February 7, 2007 [...] Continue Reading »
A Delhi High Court bench has given two months time to Delhi government to find out short and long term solutions to the problem of water logging in the city. The government has been asked to look into suggestions from IIT professors to alleviate the water logging faced by citizens. The court held the Delhi [...] Continue Reading »
The economic slowdown has not affected deals in Delhi’s premium real estate space. In a record deal, Gujarat-based Torrent Group has bought 1,124 sq yards of residential property in Chanakyapuri for Rs 111 crore, at the rate of around Rs 10,00,000 per sq yard. This is the highest recorded rate in the recent past in [...] Continue Reading »
Delhi civic authorities seemed to have waken up to the loss of revenue they have been suffering from long. On a strict note, the East Municipal Corporation (EDMC) has announced that it will undertake a sealing drive against properties that have not paid the conversion charges. After October 15, action has been promised against those [...] Continue Reading »
