Delhi land scam: Court allows defreezing of Ashok Malhotra’s a/c
New Delhi: A special CBI court has allowed defreezing of the bank accounts of ‘chole-bhature’ vendor Ashok Malhotra, an accused in the multi-crore land scam, and his family members for recovery of Rs 6.13 crore in tax arrears.
Special CBI… Continue reading
Delhi sells its homes faster than Mumbai
Mumbai: Mumbai may be second to Delhi in unsold homes, but it will take longer to sell them. Real estate developers in the financial capital must wait over three years to clear 1.13 lakh units or 120 million sq ft… Continue reading
No sale deed to be registered if property transacted under GPA: Delhi govt
New Delhi: In a bid to ensure strict adherence to the Supreme Court order on property transactions, Delhi government today said no sale deeds will be registered if it is done through General Power of Attorney (GPA).
The government, however… Continue reading
Subroto Roy’s Sahara front runners for Parsvnath’s Delhi land, offers Rs 600 cr
Bhushan Steel
Subroto Roy’s Sahara Group is the front runner for buying Parsvnath’s land in Delhi, sources with direct involvement said. Sahara has offered to pay Rs 600 cr for the 1.8 acre prime commercial land near Cannaught Place. Sources… Continue reading
East Delhi buildings not quake-proof: Survey
s vulnerability to damage from earthquakes, due to unauthorised construction and lack of adherence to norms.
The survey was carried out by the National Institute of Disaster Management with the help of MCD engineers, who were trained for the task.… Continue reading
Delhi government told to expedite flat allotment to 20,000 slum dwellers
NEW DELHI: The 27-year-long wait of slum dwellers to own a house in the capital may soon end with the Delhi High Court asking the city government and its agencies to devise a time-bound plan to allot flats to 20,000… Continue reading
Housing prices in Mumbai, Kolkata down, Delhi rates up in Q3
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Housing prices: Mumbai, down, Delhi up
Mumbai: Prices of residential properties in Mumbai and Kolkata witnessed a downward movement while Delhi prices firmed up during the third quarter of the current fiscal, as per the latest Residex released by the National Housing Bank (NHB).
Prices of… Continue reading
Delhi govt distributes low cost flats ahead of civic polls
New Delhi: With an eye on MCD polls slated for March, Delhi Government finally starts the allotment of around 2,200 low cost flats to industrial workers in the city on Friday.
In the first batch, a total of 115 industrial… Continue reading
Delhi slips to 15th position as a real estate investment destination
NEW DELHI: Growing economic and inflationary pressures saw Delhi and Mumbai slip from their third and fifth place in last year’s list of real estate investment opportunities to 15th and 12th position respectively in 2012, said a real estate investment… Continue reading