property in Delhi
CommonFloor compared the apartments launched from 2010 to 2014 in its report “Reducing Apartment Sizes Across Major Metros – A Report” and inferred that apartments sizes have reduced in the last four years. While MMR witnessed a fall of almost 7 per cent during 2011 and 12.4 per cent in 2013, NCR witnessed a fall [...] Continue Reading »
Real estate firm Anant Raj Ltd has reduced debt by 6 percent to Rs. 1,403 crore last fiscal and is considering selling some of its hotel properties and land parcels to further cut the borrowings. Delhi—based Anant Raj said it has also invested about Rs. 1,000 crore in last three years to purchase 270-acre land, [...] Continue Reading »
Even if you own a small share in a joint property in Delhi, you would not be eligible to apply for a flat in the Delhi Development Authority (DDA) latest housing scheme 2014. According to the DDA’s housing regulations, an applicant must not own any residential flat or plot in full or in part in [...] Continue Reading »
The property rates in the Noida belt are set to go up as the Registry and Stamp Department of Gautambudh Nagar has announced to increase the circle rates by around 10 percent from the 1st of August. The announcement to this effect was made by the department post getting the go ahead notice by the [...] Continue Reading »
In a statement made on Tuesday, Delhi-based engineering and construction firm Punj Lloyd revealed that it is set to mark its foray in the Kuwait market. The firm said that Kuwait National Petroleum Company has given it an Rs 1,418-crore order for the overhaul of Ahmadi fuel depot. The Ahmadi fuel depot revamp project to be [...] Continue Reading »
Most of the real estate companies are selling off their assets to fund their projects and big giants like Reliance too are not an exception. Reliance Communications (RCom) has initiated the process to monetise its real estate assets across the country, aiming to raise Rs 5,000 crore through this.The company will use the proceeds to [...] Continue Reading »
Close on the heels of a building collapse in New Delhi’s Sadar bazaar area on Sunday afternoon, the suspension of three civic officials was ordered by Lieutenant Governor Najeeb Jung, who also announced a compensation package for the deceased and the injured. Two people have lost their lives and 11 were injured in the building [...] Continue Reading »
The newly-elected MPs from Mumbai have come together in New Delhi to demand the acceleration of work on delays-hit infrastructure projects in the maximum city. Mumbai MPs are camp in New Delhi essentially to draw attention to the fact that requisite environment clearances have not been given to over half-a-dozen infrastructure projects in Mumbai. Moreover, [...] Continue Reading »
In New Delhi, the officials from the Indian Embassy spoke with their Japanese counterparts regarding investments to develop 100 smart cities and high-speed bullet trains to improve infrastructure. Amitabh Kant, Secretary in the Department of Industrial Policy and Promotion mentioned that Japan is their chosen partner because this quality driven nation is the best in developing [...] Continue Reading »
Sometimes prime property can give you very low returns, in terms of rent. In such a case, you might find it hard to manage the expenditure for basic upkeep, what with such a low rental return. But you can definitely charge a higher rent rate, only if you keep a few real estate essentials in [...] Continue Reading »
