Latest Realty News

Centre-legalizing-illegal-colonies:-HC
Feb 06, 2015
New Delhi: The Delhi high court raised questions on the recent amendment to the National Capital Territory of Delhi Laws (Special Provisions) by the government, saying that Centre is "legalizing the illegal"
'Checks can't stop illegal construction'
Sep 18, 2014
Illegal constructions in the city can't be stopped by "inspector raj" even if the court provided 500 policemen to the corporations, South Delhi Municipal Corporation told the Delhi high court
South Delhi's property prices down by 20-35%, Defence Colony and Vasant Vihar worst hit
Sep 11, 2013
DELHI: Prices of homes in upscale South Delhi have dropped by 20 per cent-35 per cent over the last one year, with developers and cash-strapped investors offering big discounts to dispose off their assets in a slowing economy.
South Delhi's property prices down by 20-35%, Defence Colony and Vasant Vihar worst hit
Sep 10, 2013
DELHI: Prices of homes in upscale South Delhi have dropped by 20 per cent-35 per cent over the last one year, with developers and cash-strapped investors offering big discounts to dispose off their assets in a slowing economy.
South Delhi goes south
Jul 22, 2013
DELHI: Real estate may be on fire elsewhere in the country, but for Rohit Minocha, who owns a brokerage firm called Inner Circle Project which deals exclusively in south Delhi houses, business is down. Builders here buy out old bungalows, demolish them, build three or four floors and sell them separately.
Road may eat into farmhouse land
May 30, 2013
As many as 200 south Delhi farmhouses may soon have to give up a part of their land for the expansion of proposed eight-lane Mandi Road. The project, connecting south Delhi to Gurgaon and Faridabad, requires acquisition of around 45 hectares of land and farmhouses along the Mandi Road stretch — on Chattarpur, Sultanpur, Gadiapur and Jonapur — are likely to be affected. Union urban minister Kamal Nath gave in-principal approval for the project on Monday and asked PWD and DDA to expedite the proce
South Delhi Municipal Corporation seeks police records to identify defaulters
Oct 17, 2012
NEW DELHI: To identify rented properties in residential colonies which are not paying property tax, the South Delhi Municipal Corporation has sought help from Delhi Police. The corporation has written to SHOs of various areas to share the data pertaining to rented properties in residential colonies under its jurisdiction. Most landlords get a police verification of the tenant done before renti
South Delhi Municipal Corporation mulls policy to regulate spas, gyms
Oct 07, 2012
NEW DELHI: In the last few years, the city has witnessed an exponential increase in the number of wellness centres, especially spas and gyms, and beauty parlours. To ensure that quality service is offered to customers, South Delhi Municipal Corporation is working on a policy to regulate these centres. Not only will the policy help monitor hygiene standards at these centres, it will also boost the
South Delhi property prices drop 20% on weak sales
Aug 08, 2012
NEW DELHI: Property prices in the upmarket residential areas of Delhi have dropped by as much as 20%, with slowdown in sales forcing builders to settle for less to cut inventory buildup. Of the 368 apartments that came into the south Delhi market over the last six months, only about a sixth have been sold, pressuring prices down by 15%-20%, according to Delhi-based property broking firm IndiaHo

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