real estate in Delhi
Now Delhiites can get their properties converted from leasehold to freehold even without a sanctioned building plan. The same can now be achieved through a copy of house tax assessment order or proof of permanent electricity connection. The Delhi Development Authority (DDA) on Wednesday passed this order in a bid to clear around 1,000 such [...] Continue Reading »
Aiming to solve the problem of regularisation of unauthorised colonies in the national capital city, the Centre will prepare a draft policy on it in the next 15 days. A concept paper will be prepared within 15 days after which Delhi government, in consultation with the Union Urban Development Ministry, would prepare an action plan [...] 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 »
Around 94 properties under the jurisdiction of South and North Delhi that had flouted norms have been demolished by the civic authorities. Around 19 properties in Panchsheel Vihar, Masjid Moth, Chirag Delhi, Nag Complex and Neb Sarai are demolished by the South corporation, while North civic body sent its bulldozers to 75 properties in City, [...] Continue Reading »
The layout of East Azad Nagar in Delhi has been approved by the civic authorities and it has become the first newly authorised colony since 1976. It is one among the 895 colonies which has been regularized last year by Delhi government. This will allow the residents of the East Azad Nagar area to legally [...] Continue Reading »
The new scheme, i.e. the conversion of Delhi Development Authority (DDA) flats that were registered on general power of attorney (GPA) and agreement to sell (AS) to freehold has been liberalised by the Urban Development Ministry. Earlier, DDA had stopped conversion from leasehold to freehold of properties registered on GPA. But the new move brought [...] 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 South Corporation and Delhi Development Authority (DDA) have engaged in a dispute over the fate of farmhouses in the city. Both the agencies are fighting to establish their authority over the properties that will bring Rs 600-1,000 crore into the treasury as convergence fee. The dispute started when DDA passed a proposal to bring [...] Continue Reading »
According to Uttar Pradesh Apartment (Promotion of Construction, Ownership and Maintenance) Act 2010, there are five provisions on the formation and management of residents welfare association (RWA), which include : Association of flat owners: Association of flat owners is one of the five clauses which states that each and every apartment should have an association [...] Continue Reading »
Cosmos Infraestate Pvt Ltd has launched its latest project “Cosmos Shivalik Homes” at Site-C Residential, Greater Noida. This project is a combination of luxurious and affordable housing with exclusive modern amenities. Cosmos Shivalik Homes is strategically located in Surajpur, Greater Noida. The support system of premium schools, affluent malls and enticing multiplexes make it an [...] Continue Reading »
