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Construction & Real Estate

Yamuna Expressway may become operational for tourists before Commonwealth

The six-lane Yamuna Expressway (erstwhile Taj expressway) is all set to get ready for commuting before the Commonwealth Games. The project, scheduled for completion by April 2013, is being speeded up on orders of CM Mayawati who wants CWG visitors to get a fast ride to Agra, which will cut Delhi-Agra travel time by an hour and ease congestion on the Mathura Road route.

Property prices set to rise as "Construction Activities" come under service tax ambit

At a time when the real estate sector has started reviving after two and a half years of downturn, the Finance Minister appears to have put a couple of roadblocks ahead for the residential as well as commercial real estate sector.

Infrastructure in Capital getting a major facelift on eve of Commonwealth Games 2010

As the countdown to Commonwealth Games 2010 has already started and the games are just 228 days away, it is time to take an account of how well the Capital is prepared for the D-day.

DIAL offsets Rs 1472 crore of project cost by lease of land

International Airport Pvt. Ltd (DIAL), the private operator of the Indira Gandhi International Airport in New Delhi, has successfully raised Rs 1,472 crore from the sale of 45 acres of land to developers. This is well above the Rs 912 crore it had expected to raise from the sale last year.

Another mega sub-city for Delhi approved by apex court

The Supreme Court has granted approval to the Delhi government to acquire approximately 12,000 acres of land in and around Chhattarpur in south Delhi. This acquisition is for the development of a mega sub-city Chattarpur belt on heels of Dwarka — as already envisaged in the Master Plan of Delhi (MPD)-2021.

6th International Conference on Real Estate

Date: 
10/02/2010 (All day)

6th International Conference on Real Estate

Wednesday 10th Feb

at Hotel Sheraton, Saket, New Delhi

Real Estate sector pleads for its cause before the budget

Real estate developers met finance minister Pranab Mukherjee recently to press for incentives in the forthcoming budget to boost housing. Among their key demands was a plea to allow external commercial borrowings (ECBs) for home builders.

Mayawati throws open a new residential scheme in Ghaziabad

For the residents of NCR of Delhi seeking to buy a property, the recent housing scheme launched by Ghaziabad Development Authority is yet another chance to try your luck.

Greater Noida Residential scheme for 3216 flats opens today

The Chief Minister of U.P. Mayawati has thrown open a new residential scheme in Greater Noida in four different sectors, namely ETA-2, Omicron-3, Omicron-1 and Omicron 1A to offer 3216 new flats ranging from Rs 19.90 lakh to Rs 38.67 lakh for fresh applicants.

3900 residential plots in Haryana on easy payment basis

HUDA has recently thrown open a new residential scheme to offer 3900 plots of different sizes in 15 towns, which closes on January 5, 2010.

ASI bye-laws hamper Railways plans for fresh construction

Archaelogical Survey of India (ASI) has taken a serious note of the fresh construction started by Railways in a prohibited area falling within 100 meters of a notified monument.

Hotels around modernised airport likely to miss Commonwealth Games target

A host of hotels in Capital to be built on land allocated to airport developer DIAL are likely to start functioning only in 2011, well after the curtains to Commonwealth Games 2010.

MCD ready to review Property tax norms

MCD has invited feedback for the unit area method of charging Property tax in Delhi which was introduced just five years back.

Draft for new Delhi Property Bill ready for review

As there are plenty of loopholes in the existing "Property Bill' in Delhi, the draft for revised 'Property Bill' with digital registration of properties right and a nodal authority for settling fraudulent transactions is up for review .

Redevelopment of plots making way for stilt parking

The liberalization norms followed by MCD regarding the development of plots and a series of advantages the plot holders could get by redevlopment of old plots is now paving way for the dedicated stilt parkings for different plots under redevelopment. The same also has the added advantage of offering the old plot holders with more headroom in each floor, apart from any additional floor they can construct.

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