Latest Realty News

DDA set to clear plan for housing projects in outer Delhi
Jan 15, 2014
DELHI: The Delhi Development Authority is close to clearing a plan that could open up new areas in the city for housing projects. DDA's board of directors last week decided to take up final public suggestions on the move before it clears the proposal, probably in its next 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
Delhi govt housing scheme sparks NRI interest
Jan 13, 2014
DELHI: Since the Delhi Development Authority (DDA) announced a few days earlier of a new housing scheme this year, the phones at its offices have not stopped ringing. The calls are mostly from Indians based in America and South Africa, making enquiries about the new opportunity.
Ensure quality construction of DDA flats: Lt Governor Najeeb Jung
Jan 11, 2014
DELHI: Lt Governor Najeeb Jung has directed the Delhi Development Authority officials to pay special attention on the quality of DDA flats so that there are no complaints from consumer.
123 properties in prime locations in Delhi may go to Wakf Board
Jan 09, 2014
DELHI: The urban development ministry has prepared a draft cabinet note to denotify 123 properties in prime locations in Delhi, and to transfer the ownership rights to the Delhi Wakf Board in a way annulling their acquisition by the British government between 1911 and 1915.
Four years on, DDA announces housing scheme 2014
Jan 03, 2014
DELHI: Announcing the launch of a new housing scheme in 2014, Delhi Development Authority (DDA) said its scheme would cover all segments of society and would provide accommodation ranging from one-room tenements to three-bedroom flats. The flats will be made available in different parts of the city, DDA officials said.
Delhi Development Authority to launch housing scheme
Jan 02, 2014
DELHI: Delhi Development Authority will be launching a new housing scheme under which people from all the segments of the society will get affordable flats through a draw this year.
Properties near metro stations can be turned commercial soon
Dec 31, 2013
HYDERABAD: Land owners having properties within 300 metres of the proposed Hyderabad metro rail stations would soon be able to utilize their properties as per the new guidelines on Transit Oriented Development (TOD) prepared by the Hyderabad Metropolitan Development Authority (HMDA).
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.
DDA's land-pooling policy: Will it dampen property prices in NCR?
Nov 13, 2013
DELHI: Can runaway property prices in Gurgaon and Noida be reined in? That could happen with about 40,000 acres of land expected to come into the market because of Delhi's new land-pooling policy. This could mean some 1.5 million apartments will be launched over the next three-four years in the city, possibly having an impact on the appreciation in the value of property in the wider National Capital Region, which includes Gurgaon and Noida.
'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.
Redevelopment scheme guidelines get DDA nod
Sep 23, 2013
DELHI: In order to ensure that more dwelling units are built rather than larger ones under redevelopment schemes, the Delhi Development Authority (DDA) on Thursday passed a new proposal. It has been proposed that in residential premises, the number of dwelling units will also be increased in proportion to FAR.
Competition watchdog to probe DDA
Sep 12, 2013
DELHI: The Competition Commission of India (CCI) will soon probe if Delhi Development Authority (DDA) has been abusing its dominant position in the residential market.
East Delhi colony to get freehold rights
Sep 10, 2013
DELHI: As many as 144 families displaced after partition, who had been campaigning for full rights to plots given to them in the 1950s, have won their long and arduous battle. Delhi Development Authority on September 9 announced that families who were given plots after 1950 in east Delhi’s Jheel Khuranja area will now have freehold rights.
DDA to offer service apartments on minimum 2,000 sq mt plot
Sep 06, 2013
DELHI: Aiming at addressing housing requirements in the capital, Delhi Development Authority (DDA) has decided to offer service apartments which will be introduced on a minimum plot size of 2,000 sq mt, officials said.
Delhi Master Plan-2021 will unlock a new wave of urbanization
Sep 03, 2013
DELHI: Delhi may soon see a flurry of real estate activities. A path-breaking policy, which has been incorporated in Delhi Master Plan-2021, will make available around 21,000 hectares of land for residential purposes and around 2,073 hectare for commercial activities in the periphery of the existing city.
Over 4,780 acres of DDA land occupied by squatters: Government
Aug 23, 2013
DELHI: Over 4,780 acres of land belonging to Delhi Development Authority ( DDA) has been encroached upon in the national capital, the government said on Thursday.
Over 4,780 acres of DDA land has been encroached upon
Aug 23, 2013
DELHI: Over 4,780 acres of land belonging to Delhi Development Authority ( DDA) has been encroached upon in the national capital, the government said on August 22.
Now, 1 BHK for just Rs 20 lakh in Gurgaon
Aug 22, 2013
DELHI: Low-cost housing in Gurgaon might sound incongruous, given the sky-high prices of apartments but the Haryana government has baby-stepped towards the concept by launching a new affordable housing policy recently.
Height of houses on Delhi Development Authority’s agenda
Aug 21, 2013
DELHI: Delhi Development Authority is expected to review its proposal for an increase in height by 2.5 metres of residential houses to allow for stilt parking in its meeting on August 19.

Latest Realty News Of State

Realty Talk's