New Delhi
“The property show” offering real estate experts advice to all its customers. This property related show will be broad casted by a media biggie NDTV Profit. The show comprises of real estate segments featuring financial, legal and construction advice from well known architects and designers. For the first time in India, NDTV Profit in collaboration [...] Continue Reading »
At present out of 30 lakh properties in Delhi only about 15 lakh properties are paying property tax. To make over this big difference the councilors have suggested Municipal Corporation of Delhi (MCD) to start sending the property bill to households just like electricity, water and phone bills. Since the property tax payers have shown [...] Continue Reading »
The saga of unstoppable SMS alerts continues! Municipal Corporation of Delhi (MCD) has decided to send SMS alerts to the property owners to pay property tax on time. The network provider will charge 1.25 paisa from MCD for first 50 lakh messages and then 1 paisa for next 50 lakh messages sent. In the message [...] Continue Reading »
A good news has arrived for the Economically weaker sections (EWS)! Reserve Bank of India has announced that EWS sector should be given home loan by banks on priority basis. The main motive is to categorize the revenue adequately and ensure proper flow of credit to them. A committee has been assigned the task of [...] Continue Reading »
New Delhi Municipal Council (NDMC) community centres will be added to two more gated communities in Delhi. Resident Welfare Associations of Jor Bagh and Golf Links have reserved their rights for the usage of NDMC centres from NDMC’s Welfare department. These centres will be used for all kinds of activities related to social and cultural [...] Continue Reading »
Buying a plot, planning for house construction and waiting a year long for the house to get completely constructed. All these seems to be one of the toughest tasks for the home buyers in New Delhi. Therefore, the home buyers are preferring more for ready to occupy flats wherein they can take possession immediately. Also, [...] Continue Reading »
Earlier this week many areas in South Delhi witnessed a demolition drive by the Municipal Corporation of Delhi (MCD). The civic body razed down some of the illegal properties in areas like Khirki Extension, Malviya Nagar, Chhatarpur Village and Hauz Khas Apartments. About thirteen properties were being razed down partially with four properties in the [...] Continue Reading »
Municipal Corporation of Delhi (MCD) has allocated budget for next fiscal year. The same budget was rejected before in a meeting of Standing Committee. The proposals in the budget may not be used as the civic body is being divided into three bodies in April. A sum of Rs two crore has been kept for [...] Continue Reading »
The Delhi Industries Minister and the other minister forces in New Delhi have decided to shift total 4,472 industrial units from residential to industrial areas. The Municipal Corporation of Delhi (MCD) has approved layout for set up of new industrial area at Bhorgarh. This plan was approved much before during year 2005 and around 2,900 [...] Continue Reading »
Indian real estate market has been forecasted to be dull in 2012 also. The negative mindset was seen in Fitch Ratings who think that due to less demand and hike in property prices, real estate sector in the country is again to see a downfall. The firm has also quoted that high construction costs and [...] Continue Reading »
