projects in delhi
There is some good news for the flat owners in Delhi’s apartment blocks. Delhi Apartment Ownership (DAO) 1987 Act had simplified the process for the flat owners by letting the builder or promoter of the flat to execute a lease deed, which worked like a sale deed, and spared the owner from paperwork to correctly [...] Continue Reading »
The realty firm ATS Infrastructure has announced that it will invest around Rs 600 crore on a housing project “ ATS Lifestyle” in Punjab. ATS Lifestyle spreads over 22 acres and comprises of 300-acres integrated township situated at Dera Bassi near Chandigarh. According to the ATS Group Managing Director Getamber Anand, the project will have [...] Continue Reading »
The new project launches in Delhi-NCR is highly affected by project approval delays, increasing costs and lackluster demand from the buyers. The new launches in NCR has dropped by 35 percent to 5,208 when compared to the statistics of last year which was around 8, 041 units. Launches were limited to few areas like Greater [...] Continue Reading »
A three-day international conference and exhibition took place in Delhi on ”Good Governance” regarding the challenges of rapid urbanization and expanding cities in order to provide enough space for the rapidly increasing population. The seminar was attended by many stakeholders and city developers from across the world. They shared their views on ways to build [...] Continue Reading »
The Uttar Pradesh Government has stalled two major multi-crore projects of Delhi. The Public Works Department’s (PWD) project on the bypass road in Kalindi Kunj area and Transco in Noida are the two projects which have been temporarily stopped by the Government. According to senior Delhi Government officials, CM Sheila Dikshit had personally spoken to [...] Continue Reading »
Delhi- One of the major reasons for acute shortfall of housing in Delhi is the lower floor area ratio (FAR) which does not allow high-rise apartments in Delhi. Thousands of high-rises with having 15 to 20 floors are found in Mumbai and National Capital Region (NCR), since the FAR value is high. But it is [...] Continue Reading »
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 »
Bangalore- Kataria Builteck has come up with its landmark project in Bangalore named K B Paradise, an ideal residential accommodation designed for luxury and comfort with expertise and architectural acumen. Kataria Builteck Pvt. Ltd. is a group of highly qualified professionals specialized in the areas of architecture and interior designing. The group is into residential [...] Continue Reading »
Greater Noida- Construction cost is at peak owing to the abrupt rise in brick rates following the paused brick-production at brick kilns. The cost has been increased from Rs 3600 to Rs 6200 per thousand bricks. Opposing the new norms of procuring permission from the Ministry of Environment, brick manufacturers have stopped production. Fearing huge [...] Continue Reading »
The government is planning to encourage the builders to construct more affordable housing projects in Delhi. The Government will raise both the subsidy given to developers, as well as the cost ceiling for construction of affordable apartments in Delhi. The Delhi government has planned to increase the subsidy (capital assistance) from the current Rs 50,000 [...] Continue Reading »
