Sanjay Gupta, Delhi-NCR

Yes me too stuck in metro station and we commuters were not known the reason for this delay. I was happy celebrating my New Year but while returning the metro station was packed with commuters waiting for the train. Really no one knows what the real cause for delay is.

Oh you are talking about this Sunday, it is technical snag that has left Metro passengers in the lurch and you know it is the second time in the past one month happening. This time it is due to a problem in the Over-Head Electrification (OHE).

@Sanjay , in a recent survey it it found that 10 percent of the accident and cases are only because of jumping the read light by commuters. Now the residents should understand as why the traffic department has hiked the fine amount and made it mandatory for the violators. Mainly accidents are happening in Tilak Marg circle, Parliament Street and Chanakyapuri in Delhi. To avoid more accidents in the city the department is now in a survey detecting major accident prone zones to install signals.

I would advice you to first go through the agreement when it was executed. then discuss with the developer and ask him to give a written in black and white. If he denies then think about taking legal actions against the builder.

Still now the same traffic chaos is there but to put an end to this problem the traffic police is soon going to launch a special drive. If anyone jumps the traffic the police will note down the number and pass it to every department and during night time and dangerous driving you will end up with a fine of Rs 1000.

The Government has introduced a new scheme of ultra mega road projects. The realty firms who accept these order will be availed to develop real estate project alongside the stretches. The project will be counted as a key ingredient to pave way for positive development in real estate sector.

Recently DLF has launched a project in Mullanpur Chandigarh comprises of 800 plots which was sold within a matter of days of launch. After the good response from the investor they planned to launch more 500 plots measuring 350 to 500 square yards. DLF group seems to be doing good in realty sector.

In a recent survey it is found that driving with high beam light poses danger to the people coming from the opposite direction.

Delhi city is facing shortage of land for residential as well as commercial purpose. So while framing the Delhi Master plan 2021 the urban development ministry has affirmed that agricultural land has to be used for the developing projects.

The Lok Sabha granted a grace period of three more years to the Delhiites who are staying in illegal and unauthorized buildings.

The major problem that the road work is getting delayed is because of land acquisition. Currently around 58 National Highway Development projects are on halt.

For mid-term investment, go for Noida Expressway because average prevailing price in the area is Rs 3500/- sq ft vis-à-vis the ready to move-in apartment where prices are Rs 6000/- sq ft. If we hold the property for next 3 years the expected price will be around Rs 5000/- plus sq ft.

Sectors 77 onwards, Sector 32 are the best sectors to invest. Sector 77 onwards because they are near developed sector and also near Sector 18 and Sector 32 (commercial hubs). Sector 32 because it is witnessing some good developments and real estate prices will go up because of that.

According to experts, it is found that around 18 buildings collapsed this year. The Municipal Corporation of Delhi indentified many old buildings that are in dilapidated condition.

There is possibility of increase in property charges, parking charges, street parking charges and conservancy charges.

As far as I know the government had already started with online property registration fees at Rohini and Mehrauli.They are planning to start 11 more sub-registrar offices in the city.

The residents will have to go to the Patwari (revenue officials) for getting the revised rates.

Circle rates is the minimum value of any piece of land or immovable property for registration. The introduction of new circle rates in Himachal Pradesh is only for benefit of property buyers or sellers. At present, the rates for registration of land deals are worked out every month and people have to go to the Patwari (revenue official) for getting the rates, which caused lot of inconvenience and the new system would provide relief to people and this will be revised once a year.

Yes it is true that the civic body is planning to redevelop the city. The Municipal Corporation is going to redevelop the areas like walled city, karol bagh and walled city and extension.

The incident took place near Uttam Nagar Metro Station and three person where injured in the incident. The building collapsed when the foundation for another upcoming buildings was being laid.

According to sources, the delay in metro work is due to the delay in land transfer and land acquisition.

The drive has been put on halt because lack of police force led to postpone the demolition drive.

According to sources, MCD are finding ways to increase their revenue, so they have implemented this new form of tax collection. MCD has planned to insist the property owner to pay the tax annually.

The cash-strapped Municipal Corporation of Delhi (MCD) is planning to impose education cess on property tax. Once the proposal is cleared in principal, the exact percentage which residents will have to be paid will be decided.

I can help you out with Neeti Bagh and Green Park as my friends have booked flats over there. At Neeti Bagh the price ranges from Rs 8crore to Rs 19 crore and at Green Park the price ranges from Rs 8 crore to Rs 12 crore.

Many flat owners went to the High Court with a request to de-seal their flats after that MCD passed an order to de-seal the flats but directed the company not to hand over the flats to the owner without the permission from the High Court and Ministry of Urban Development.

Court does not believe in verbal communication so it is essential and mandatory for both the parties to do the registration otherwise it becomes difficult for both to prove the terms and conditions.

Just consult with the lender once. They will write a letter mentioning the amount at which the home loan can be considered fully paid off. This amount is inclusive of prepayment charges as applicable and calculated at a future date to give you enough time to find a buyer. Based on this letter, you can negotiate with potential buyers.

If the buyer wants to take a loan to purchase the property then it is much easier if he approaches the same bank. Then the lender does not need to release the title papers to another lender before getting the payment.If the buyer wants to make an outright payment- he can make the payment out to the bank directly based on the consent letter. And the balance amount will be paid to you. The property papers will be released only after the bank has recovered the entire amount including prepayment charges.

According to experts, it is said that there is a big drop in sales and cash crunch for realtors. At present the realty market is over heated and the sales has gone down drastically in Delhi and Mumbai. Buyers are anticipating the prices to go down further.

According to experts, the circle rates are decided by the State Revenue Ministry. It is the minimum rate for valuation of a plot, flats or independent house in a particular area or locality. The circle rates differ for various categories of colonies. The sale or purchase of property in a particular area is finalized considering the available infrastructure.

Hi Sanjay, this is not only happening in your city but in other cities too. I am from Bangalore. Even I booked an apartment and it got completed only 11 months after the expected date of possession. The reason is that first of all the builders handle a lot of projects together, secondly they do not have money to finish the project and third the price of the materials required for construction are shooting up because of which we the property buyers suffer.

Municipal Corporation of Delhi has asked to vacate 35 residential properties as they were illegal and they will be sealed in next few days. Resident Welfare Association of South Extension had filed a PIL in 2001 seeking action against the illegal structures. These properties were not regularized as well as they have broken laws. The other properties won't face any consequence as long as they are regularised.

Delhi-Mumbai Industrial Corridor's high speed connectivity has offered extreme opportunities for the developers. The mission and vision for the DMIC is to create strong base in the band with globally competative environment and infrastructure to enhance foreign investments and real estate inverstment.

The selling price of your 3BHk flat will cost around 50-52 lakhs, so it is good idea of sell the property and buy a new property at Gurgaon new sector or Dwarka expressway.

There are insurance companies as well as relocators which provide insurance to the goods you may damage while moving. It totally depends on one's personal decision whether to take insurace or not. The goods are bound to get damage as the goods will travel more then 1000kms in India road so it is better to go for an insurance.

Open space is the extended floor plan which can be added to the existing floor plan. It means the place which is eaten up by a wall can be used for other functions. You can consult an architect and remove the wall which is least needed. You can also remove doors to make two rooms into one. Add more windows and natural light to make room look more spacious and use less furniture to make it look less cluttered.

It is said that the road widening at Wazidabad Road will cause major damage to the under ground cables which can cause power cut and water shortage. The people are going to face again the traffic jam, road block and heavy rainfall has been predicted. The PWD is going to bring a huge amount of loss. The DERC are asked to collect the penalty from the agency who are going to undertake the project for widening the roads.

The experts says that it is always better to buy a second house. Apart from financial commitment the second property can mean a lot in terms of tax and loan implications. The rental incoming coming from your first house will be considered a business income and would have to be considered while computing income tax.

The Comptroller and the Auditor General were asked to take the initiative for the development and ensure that the work is transparent. The State Government alos announced that the residents facing problems regarding improper water supply, sanitation and other related issues are going to be solved very soon. The residents are gladly waiting for the government and the CAG decisions.

The New Delhi Municipal Corporation has taken the case to Supreme Courtand after hearing the situation. The Supreme Court has appointed civic officials and asked to do a thorough check up about the land . After the inspection the officials said that there is no other way but to demolish the buildings.

Yes, a real estate club meeting was held recently. The top officials of NDMC, HDFC and realtors were present as expert panel. The meeting was held basically to answer the queries of the people holding heavy properties. There were queries about home loans, water and electricity status in apartments, value of properties, appreciation rates, etc.

The BJP leader is protesting against the hike in the tarrif and he is asking help from Residential Welfare Association and the Non Government Organisations to come forward and join hands with him. The government is not doing anything about the load-sheding problems faced by the residents of Delhi-NCR but contineously increasing the rates. Volunteers from RWA and other organisations will be attending the meeting which is going to held on 27th of this month (November).