DDA delays its housing scheme 2017
January 18, 2017

Delhi Development Authority’s (DDA) new housing scheme, expected to be launched by January end, has been deferred until February or March. The Authority has decided to delay the launch since the basic amenities in the region, such as water supply, streetlights, and approach roads, are not in place yet. Most of the apartments are located in Narela and Rohini. DDA also intends to resell about 13,000 apartments that had been returned by the allottees from… Read More

NDMC exempts property owners from mixed use charges
January 18, 2017

The North Delhi Municipal Corporation (NDMC) has abolished conversion charges through a resolution and sought Centre’s approval for exempting property owners from payment of mixed use charges. NDMC intends to ease the burden of the property owners who have paid annual conversion charges from 2006-07 by exempting them from further such charges with effect from April 1, 2017. Mixed use refers to the provision of allowing commercial establishments in residential structures which are not permitted… Read More

Proposal to enhance density of group housing plots in Noida faces opposition
January 14, 2017

The Noida Authority has recently proposed to amend its building byelaws 2010. The Authority pursued objections and suggestions from the public for the proposed modifications by issuing a public notice. After incorporating such suggestions, the Authority will seek further approval from the state government. However, the amendment, which aims to increase the density of the residential area on group housing plots, has been vehemently opposed by the residents of Noida. If approved without any objection,… Read More

Gurgaon authorities demolish 400 illegal structures
January 13, 2017

The Haryana Urban Development Authority (HUDA), Department of Town and Country Planning (DTCP), and the Municipal Corporation of Gurgaon (MCG) recently executed a demolition drive against encroachment in Gurgaon. The authorities razed down about 400 illegal structures in the new sectors of Gurgaon. These structures, including shops, food joints, labourer dwellings, and construction material shops, were located along the road dividing sectors 82, 83, 84, and 85, in Shikohpur, Sikanderpur Badha, and Sihi villages. The… Read More

Farmers to join homebuyers against errant builders in Noida Extension
January 10, 2017

Homebuyers who have bought under-construction properties in Noida Extension and are yet to receive possessions have now reached out to the farmers to strengthen their movement against builders, Confederation of Real Estate Developers Association of India (CREDAI), Noida Authority, and the state government. Often cited as an emerging locality in Delhi National Capital Region (NCR), Noida Extension has over three lakh apartments in 58 housing projects. However, of these, only 15,000 units have been delivered… Read More

YEIDA begins offering possession of delayed plots
January 9, 2017

The Yamuna Expressway Industrial Development Authority (YEIDA) has finally begun offering possessions letters to plot allottees under Residential Plot Scheme 2009. While YEIDA has already given possession letters to the first lot of 55 allottees, another 1,600 owners will get possession of their plots by mid-2017 and another 4,800 will receive possession next year. The first lot included 20 allottees of 4,000 sq m plots and 35 allottees of 2,000 sq m plots, located in… Read More

Land transfer for new diplomatic enclave in New Delhi gets approval
January 5, 2017

The Delhi government has recently cleared the transfer of 34.87 hectares of land for setting up the city’s second diplomatic enclave in Dwarka. The land was transferred from Delhi Development Authority (DDA) to the Land & Development Office (the Ministry of Urban Development) for the new diplomatic enclave which will house chanceries and embassies. 42 plots have been identified for the project. 21 of them are 2,000 sq m each in size while the remaining… Read More

YEIDA adopts Project Settlement Policy
January 5, 2017

The Yamuna Expressway Industrial Development Authority (YEIDA) has confirmed that the board has adopted the Project Settlement Policy for the Yamuna Expressway area. The policy, which is already in place in the twin cities of Noida and Greater Noida, addresses the issues related to delayed residential projects. Keeping in mind the ground coverage of the allotted plots, this policy will be implemented in YEIDA-governed areas. On the demand of several homebuyers unable to get possession… Read More

Gurgaon’s MRTS project gets land boost
January 1, 2017

The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has acquired 147 acres of land for Rs 660 crore from the Haryana Urban Development Authority (HUDA) for building a Mass Rapid Transit System (MRTS). Officials shared that the acquired land will be used to construct a transport and communication zone, which can be used as a metro depot or logistics. The elevated metro project will connect Gurgaon and Bawal industrial area. The corridor will run… Read More

Centre approves Rs 266 crore for AMRUT projects in New Delhi
December 29, 2016

Centre has sanctioned Rs 266 crore for augmenting water supply and sewerage networks in Delhi under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) in 2016-17. Earlier, in January 2016, the Urban Development Ministry approved Rs 223 crore for similar works in the national capital, contributing to the project cost of Rs 480 crore for 2015-16. Under the AMRUT scheme, the funds are being provided as central assistance to the Delhi government. As per… Read More

Greater Noida Metro receives loan worth Rs 406 crore
December 29, 2016

The National Capital Region Planning Board (NCRPB) has begun to release funds for the long-awaited Noida-Greater Noida Metro project by disbursing the first instalment of Rs 406 crore. The NCRPB had earlier sanctioned a loan worth Rs 1,587 crore to the Noida Metro Rail Corporation (NMRC) for the 29.70 km metro corridor that is estimated to cost a total of Rs 5, 533 crore. The NMRC officials shared that the grant of Rs 406 crore… Read More

Noida Authority begins digitisation of property records
December 28, 2016

Noida Authority is striving to take all its processes online in order to become a smarter civic body. The Authority has already digitised the records of 16,300 properties in the first phase of the project, which included industrial, institutional, and commercial properties. According to Deepak Agarwal, Chief Executive Officer (CEO), Noida Authority, the second phase is expected to witness the digitisation of housing properties while the third and fourth phases will include the group housing… Read More

HUDA to postpone sector launches in Pataudi and Farrukhnagar
December 27, 2016

Fearing losses due to the downturn in the realty space after demonetisation, the Haryana Urban Development Authority (HUDA) is considering to postpone launches of new residential sectors in Pataudi and Farrukhnagar areas of Gurgaon district. As per HUDA’s plan, 800 acres of land in seven villages was to be acquired for new sectors in Pataudi and Farrukhnagar. The authority had planned to spend around Rs 1,875 crore on the project. Out of the budgeted amount,… Read More

Greater Noida homebuyers protest against delayed deliveries
December 26, 2016

Homebuyers in Greater Noida recently staged a protest against the delayed deliveries of apartments this year. The protest was executed by the members of Noida Extension Flat Owners Welfare Association (NEFOWA) outside the Greater Noida Industrial Authority (GNIDA) office. The protestors questioned the lax attitude and inaction of the Authority against the developers who have been unable to deliver their projects as per the timeline promised. The Authority faced the ire of the buyers who… Read More

Properties in South Delhi get identification cards
December 25, 2016

The South Delhi Municipal Corporation has commenced issuing Unique Property Identification Code (UPIC) cards for the properties in its jurisdiction. The civic body has also inaugurated the ‘Link your Record’ programme for the property holders. The scheme will have a pilot run for 15 days before being properly inaugurated. The scheme will allow tax payers to directly access their digitised records as well as to upload their documents. The same will later be vetted by the… Read More

Delhi Metro prepares for 6 new corridors under Phase IV
December 24, 2016

Delhi Metro Rail Corporation (DMRC) has got in-principle approval from the Delhi government to develop six new corridors under Phase IV. The proposal submitted by DMRC includes a 28.92-km-long Janakpuri (West) to RK Ashram metro route will establish a link between two Phase III corridors and one Phase II corridor of Blue Line metro. The Janakpuri-RK Ashram corridor, which will have 25 stations, will connect the two existing corridors lying parallel to the Ring Road… Read More

Press Release

Emaar India signs a Rs 100 crore construction contract for its commercial project
December 20, 2016

Emaar India signs a Rs 100 crore construction contract for its commercial project20th December  2016 Real estate developer Emaar MGF has signed a contract of Rs 100 crore with Capacit’e Infraprojects Limited (CIL) for construction of its upcoming mixed-use commercial project ‘Colonnade’. The project is situated along the Southern Peripheral Road (SPR). At a time when the country is going through an oppressed economic scenario, the Emaar India’s contract will prove to be a major… Read More

Press Release

U.S. Green Building Council ranks third in the world for LEED Green Building
December 20, 2016

U.S. Green Building Council ranks third in  the world for LEED Green Building20th December 2016 According to the U.S. Green Building Council’s annual rating, India ranks third in the list of Top 10 Countries for Leadership in Energy and Environmental Design (LEED). The list highlights countries outside the United States that are taking remarkable leaps in sustainable building design, construction and operations by representing demand for LEED-certified green buildings. Read More

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