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New Delhi

DDA flats of various housing schemes lying vacant

DDA flats of various housing schemes lying vacant
New Delhi- While many buyers are struggling to find affordable houses to buy in Delhi, there are over 500 DDA flats lying vacant. The Delhi Development Authority (DDA) has several flats which are lying vacant as they were either surrendered or cancelled under various housing schemes. Among the vacant flats, many are higher income group [...] Continue Reading »

New policy for metro rail projects by MoUD

New policy for metro rail projects by MoUD
New Delhi- The Ministry of Urban Development (MoUD) has been planning to set up metro rail in 34 cities which have a population of over one million. MoUD has come up with a consolidated new metro railway policy which will focus on both public-private partnership and government funding models for the reference of state governments. [...] Continue Reading »

Real Estate of Delhi growing vertically

Real Estate of Delhi growing vertically
If the government approves the plan by private developers to build high rise condominiums and 15 to 17 story buildings with all the modern amenities, then in the coming years, outer Delhi’s skyline may change. To make the development uniform and well planned, the government is planning to finalise the rule for “land pooling”. The [...] Continue Reading »

IDFC likely to buy Delhi-Gurgaon e-way

IDFC likely to buy Delhi-Gurgaon e-way
New Delhi- Delhi-Gurgaon expressway project is likely to be taken over by IDFC Limited, formerly Infrastructure Development Finance Company Limited, from the current developer DSC. Though the deal is still busy with negotiations, IDFC is believed to buy out the project completely, said sources. The National Highways Authority of India (NHAI) and IDFC are likely [...] Continue Reading »

India hosts real estate luxury show

India hosts real estate luxury show
New-Delhi-  Being a part of the  most popular fashion weeks, wedding exhibitions and innovations, India is all set to host Real Estate Luxury Show (RLS India 2013), which is the first of its kind. This property show is expected to showcase the real estate properties by renowned builders. This property show will be held for two [...] Continue Reading »

CREDAI demands for inclusive housing policy

CREDAI demands for inclusive housing policy
New-Delhi- In order to boost the small and affordable housing units, the developers apex body CREDAI has demanded for an inclusive housing policy to the Finance Minister. They have further asked the Finance Minister to initiate the tax incentives  which can make the realty sector a new growth of the Indian economy. CREDAI which presented [...] Continue Reading »

Housing sector likely to get infrastructure status

Housing sector likely to get infrastructure status
New Delhi- Housing sector is likely to gain infrastructure status with the upcoming Budget. This will boost the sector by providing easy access to funds and consequently increasing the availability of houses. Infrastructure status for the housing is a long pending demand. In 2012, the Ministry of Housing and Urban Poverty Alleviation (MHUPA) pushed for [...] Continue Reading »

Delhi green buildings to get more FAR

Delhi green buildings to get more FAR
New-Delhi- With the recent relaxation of the FAR (floor area ratio) by the Delhi government in the city, the  green buildings in Delhi are expected to have a higher FAR when compared to the conventional buildings. Green buildings, which are quite economical, help in reducing the electricity bill, save water and create a comfortable living [...] Continue Reading »

Delhi households fail to segregate waste before disposal

Delhi households fail to segregate waste before disposal
New-Delhi- The green and blue dustbins which were set up across the city in 2009 with an aim to segregate the waste are now being used just as ordinary dustbins. A large number of households are failing to segregate the waste as one of the three municipal zones has issued a tender to collect and [...] Continue Reading »

Sohna Road gets more appreciation than Golf Course Road Extension

Sohna Road gets more appreciation than Golf Course Road Extension
New-Delhi- One of the key factors which influence the property prices is the location followed by other attributes. The location of a project defines if the project is premium, mid-ranged or affordable. The Golf Course Road Extension and Sohna Road are two such areas which have innumerable apartments in Gurgaon wherein the first area has premium units [...] Continue Reading »



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