Latest Realty News

DDA pitches for studio flats
May 29, 2013
Short-term, albeit affordable, housing in the capital is set to become a reality. The Delhi Development Authority (DDA) has proposed a new provision in the Master Plan 2021 for introduction of studio apartments and service apartments. According to the proposal, studio apartments will be allowed to come up in residential zones, while service apartments will be restricted to commercial centres.
FAR along proposed Noida Metro route to be increased
May 29, 2013
In view of the projected increase in population density along the Metro corridor planned between Noida and Greater Noida, the boards of the two authorities have jointly approved a proposal to increase floor-area ratio (FAR) by 0.5% on all plots located within 500 metres on either side of the proposed line. Proceeds from the sale of additional FAR would be used to strengthen the resources of the Metro system.
Housing prices rise by around 1 pc in 20 major cities: NHB
May 28, 2013
Housing prices have increased marginally by an average 1.1 per cent in 20 major cities, including Delhi and Mumbai, in January-March 2013 over the previous quarter due to slowdown in demand, National Housing Bank said today.
Noida land prices may zoom
May 28, 2013
Buying a house or land in Noida, Greater Noida and along the Yamuna Expressway has become costlier. At a board meeting on Monday, three development authorities for these areas announced a substantial rise in allotment prices across all categories of land.
DDA plan on Dwarka water bodies sought
May 25, 2013
The Delhi Parks and Gardens Society CEO has summoned officials from DDA on June 4 to ask about their plans for reviving and maintaining water bodies in Dwarka.
Hi-tech habitat centre proposed in Sec 33A
May 25, 2013
A world-class habitat centre on the lines of the famed India Habitat Centre in New Delhi is soon going to be a reality in Noida. The Noida Authority has invited reputed architects to propose designs for the facility. Estimated to cost about Rs 200 crore, the multi-storied centre is proposed to sprawl across 12.5 hectares in Noida
Delhi to get tout-free, seamless property registration system
May 20, 2013
DELHI : In a major revamp of existing property registration system, Delhi Government will put in place a transparent mechanism by end of the year under which people will be able to access hassle-free services in all 13 sub-registrar offices without any jurisdictional issue.
Soon, Outer Delhi may grow vertically
Jan 27, 2013
NEW DELHI: The skyline in outer Delhi may change in the years ahead if the government approves a plan to let private developers build high rise codomimums, spacious 15-17 story housing complexes with modern facilities. To ensure that development is uniform and planned, the government is set to finalise rules for "land pooling" which would ensure that there is no indiscriminate building spree.
Exhibition for house hunters in New Delhi
Jan 11, 2013
MUMBAI: Those on a house hunt this new year can look forward to a two-day exhibition which will be hosted by India's premier housing finance company HDFC in New Delhi.
Registration of properties in unauthorised colonies in Delhi delayed
Nov 11, 2012
NEW DELHI: Two months after making the announcement, Delhi government is yet to act on allowing sale and purchase of properties in over 300 unauthorised colonies on private land which were regularised along with 583 other such settlements.
No alternative to developing high-rise buildings in Delhi: Kamal Nath
Oct 01, 2012
NEW DELHI: Urban Development Minister Kamal Nath today hit back at those critical of his suggestion that Delhi should choose vertical growth through high rise buildings by saying that some people were raising doubts but had no alternative solution to offer. "Now Delhi can't expand with Haryana on one side and you've got UP on the other side. Where does Delhi expand? What is the kind of urban p
Ground Rules: Govt considers land pooling policy to replace acquisition
Sep 27, 2012
New Delhi: A new land pooling policy that will encourage active involvement of the private sector is being considered as alternative to land acquisition by the Delhi Development Authority (DDA). “The National Council of Applied Economic Research (NCAER) was asked to look into the policy to see if it made economic sense. Their report has been submitted and they have suggested certain models for
High rise only way to go for Delhi: Kamal Nath
Sep 26, 2012
NEW DELHI: Union urban development minister KamalNath on Monday injected a sense of urgency into the entire process of review of the city's master plan by insisting that vertical development was the only way to go and that "planning has to be driven by market forces". Speaking at a Delhi Development Authority (DDA) workshop on 'Review of Master Plan of Delhi 2021', he said if there were no high-r
DDA asked to look into problem of unsafe buildings
Sep 24, 2012
New Delhi : With a survey by Central Building Research Institute finding that 70 per cent of buildings on the Yamuna floodplains were structurally unsafe, Delhi LG Tejinder Khanna has asked DDA to form a specific unit to deal with this problem. Khanna, who is also the Chairman of DDA, said the survey found that 70 percent of houses on the Yamuna flood plains were "unsafe structurally" and coul

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