Latest Realty News

DDA offers penalty relief
Feb 25, 2014
DELHI: In its board meeting on February 24, DDA decided to launch a one-time relief scheme for those who stayed away from the leasehold to freehold conversion camp conducted recently.
DDA goes chic, new flats to be modern and green
Feb 24, 2014
DELHI: The Delhi Development Authority (DDA) is planning a complete makeover of its flats, adopting snazzy, contemporary designs for its new batch of energy-efficient ‘green’ flats. The new flats will come up in the next two years.
DDA holds camp for mutation of property
Feb 18, 2014
DELHI: There was a mixture of hope and scepticism among applicants at DDA’s Lok Shivir, a five-day camp to expedite the process of leasehold to freehold conversion. While some people came out of the camps with conversion deeds in their hands, some complained of insufficient assistance provided by DDA officials at the camp. According to authority officials, 500 applicants turned up at the Shivir on February 17, of whom 378 applicants were issued conversion deeds on the spot. Those who did not get
DDA holds camp for mutation of property
Feb 18, 2014
DELHI: There was a mixture of hope and scepticism among applicants at DDA’s Lok Shivir, a five-day camp to expedite the process of leasehold to freehold conversion. While some people came out of the camps with conversion deeds in their hands, some complained of insufficient assistance provided by DDA officials at the camp. According to authority officials, 500 applicants turned up at the Shivir on February 17, of whom 378 applicants were issued conversion deeds on the spot. Those who did not get
DLF cuts net debt by Rs 2,500 crore
Feb 17, 2014
DELHI: India's largest realty firm DLFBSE 1.70 % today said it has reduced net debt by over Rs 2,500 crore to Rs 17,400 crore following proceeds from sale of luxury hotel chain Amanresorts, and a refund from DDA.
DDA camps for mutation of property
Feb 17, 2014
DELHI: One of the biggest problem people face in dealing with the Delhi Development Authority (DDA) is when they have to convert the title of their property from leasehold to freehold. In a bid to clear as many pending cases as possible, DDA is holding a five-day special camp at its headquarter, starting Monday.
DDA to release 21,000 hectares for housing
Feb 17, 2014
DELHI: End users and investors will have great opportunities to buy houses in Delhi at relatively affordable prices. In the last one decade, growth in the National Capital Region (NCR) was mainly driven by the construction activities in the satellite town of Gurgaon and Noida. This was mainly because of unavailability of land in Delhi.
Gurgaon, Noida land price may fall with fresh supply in Delhi
Feb 07, 2014
DELHI: Land prices in Gurgaon and Noida could fall as over 70,000 acre is likely to come in the Delhi market because of DDA's new land pooling policy, property consultant CBRE said today.
DDA to raise floor area ratio for hotels by up to 66%
Feb 01, 2014
DELHI: The Delhi Development Authority has decided to increase the cap on total floor area for hotels by up to 66 per cent, DDA vice chairman Balvinder Kumar said on Friday.
DDA to track encroachment online with real-time mapping through satellite
Feb 01, 2014
DELHI: The Delhi Development Authority (DDA) will soon track encroachment of its land online with real-time mapping through satellite.
DDA okays draft land pooling policy
Feb 01, 2014
DELHI: The real estate potential of about 70,000 acres in outer Delhi locations like Mehrauli, Bijwasan, Chhatarpur and Ghitorni came one step closer to realization with DDA board of directors approving draft regulations of land pooling policy in their last meeting.
DDA okays draft land pooling policy
Jan 29, 2014
DELHI: The real estate potential of about 70,000 acres in outer Delhi locations like Mehrauli, Bijwasan, Chhatarpur and Ghitorni came one step closer to realization with DDA board of directors approving draft regulations of land pooling policy in their last meeting.
Extend date for payment, say allottees
Jan 14, 2014
DELHI: Fed up with the quality of construction at Ganga Complex in Vasant Kunj, scores of residents are writing to DDA saying it shouldn't expect money for the flats it hasn't provided. DDA developed the flats for their last housing scheme in 2010. In December it had announced that the flats were ready and had asked for the full payment in the demand letter. After getting the letters, several allottees had been visiting the site and were upset with the state of affairs.
News of LG Najeeb Jung visit moves DDA in Vasant Kunj
Jan 14, 2014
DELHI: Flat owners in Vasant Kunj and Mukherjee Nagar were amazed as DDA officials took charge and finished work that hadn't moved in six months.
DDA forms cell for land pooling
Jan 14, 2014
DELHI: The city has got a cell to implement and monitor the land pooling policy. The decision was taken at the DDA's board meeting on Friday. In addition, the Delhi government has been given 60 flats in CWG Village, a cause of friction with the land-owning agency last year. Addressing another major concern, the conversion of property from leasehold to freehold-the LG asked Delhi Development Authority to prepare a timeline for all the departments concerned so that delays and any irregularity can
Old allottees waiting, DDA announces new scheme
Jan 02, 2014
DELHI: Even as people allotted houses in DDA’s previous scheme are still waiting to take possession of their property, the agency on December 31 announced a new housing scheme “covering all the segments of society”.
East Corporation moots hike in property tax
Dec 10, 2013
DELHI: East Delhi Municipal Corporation Commissioner's second annual budget speech read almost the same as the last with not much to offer. He proposed an increase in property tax (50 percent increase in base unit area value) and four new taxes.
Delhi farmhouse owners bank on new rules to monetise surplus property
Nov 22, 2013
DELHI: After a change of construction rules in Delhi made provisions for smaller one-acre farmhouses, owners of large properties on the city's fringes are actively looking to unlock the value of their surplus land.
Delhi farmhouse owners bank on new rules to monetise surplus property
Nov 21, 2013
DELHI: After a change of construction rules in Delhi made provisions for smaller one-acre farmhouses, owners of large properties on the city's fringes are actively looking to unlock the value of their surplus land.
New land supply to meet the increasing residential demand
Nov 21, 2013
DELHI: Earlier this year, the Delhi Development Authority (DDA) notified its new policy on Country homes (farmhouses). The new policy has reduced the minimum land required to build a farmhouse from 2.5 acres to 1 acre. The FAR (Floor Area Ratio) norms have also been relaxed by allowing an increased limit of 200. This can be further enhanced by purchasing additional FAR from the authorities with a maximum height of 12 meters, i.e. 3 floors. Additionally, FAR of 60 sq mtrs is permitted for EWS (Ec
Constructions flood Yamuna bed in Delhi
Nov 20, 2013
DELHI: Buildings are being constructed nonstop at Jaitpur Extension in absolute violation of Delhi Development Authority’s order to stop fresh property construction in Yamuna river zone.
'Dwarka Expressway sees nearly 3-fold jump in housing rates'
Nov 05, 2013
DELHI: Housing prices have jumped nearly three-fold on Dwarka Expressway in Gurgaon during last five years to Rs 7,000 per sq ft but slow pace of constuction of highway and litigation issues have become a major hurdle for growth of this corridor, property consultant DTZ has said.
Sold as a dream, CWG flats turn nightmare for residents; Shabby maintenance, lack of amenities irk b...
Oct 23, 2013
DELHI: They were touted as India’s most sought-after apartments — a riverfront view, Olympic sports facilities, and top businessmen, politicians and celebrities for neighbours, but the Commonwealth Games Village has just been a bag of worries for the apartment owners.
After a year, DDA to auction 60 plots in November
Oct 20, 2013
DELHI: After a gap of one year, Delhi Development Authority (DDA) has decided to put several plots under the hammer. Over 60 plots, in 14 different prime locations, will be auctioned at Dwarka, Pitampura, Vikas Puri, East of Kailash, Vivek Vihar etc on November 20, 21, 22, said a DDA official. The sale of brochures will begin from October 28.
HC seeks status report on illegal construction on govt land
Oct 10, 2013
DELHI: The Delhi High Court has sought status report from DDA and other agencies of city government on a PIL alleging "rampant" illegal construction on public land in and around the capital.

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