Delhi

Latest News and Stories related to Delhi

Delhi Government’s Decision will lead to sharp rise in property prices

Thursday, May 10th, 2012

The Delhi government’s decision to ban sale of property through general power of attorney (GPA) has brought major changes in real estate sector. The government’s decision will cause hardship for the property owners in Delhi who have purchased property on GPA. From now onwards, any transfer of property sale deed has to be executed and [...]

Unsold homes in Indian cities increasing!

Thursday, May 3rd, 2012

The number of unsold homes in Mumbai and Delhi is increasing and these homes do require minimum of three to four years to be sold. A recent study by Liases Foras, a real estate rating and research consultant firm says that it takes at least three years to clear 1.13 lakh units or 120 million [...]

Delhi electricity bill tariffs to might increase!

Thursday, May 3rd, 2012

The electricity bill tariffs might get high! The Delhi power regulator recently proposed differential tariffs on the occasion of announcing the second fuel adjustment surcharge payable to discoms. As the BSES Yamuna has been allowed to levy a fuel surcharge of 7 percent, the East Delhi residents will end up paying high power tariffs. Whereas, [...]

A roundup on prices of properties across India

Wednesday, May 2nd, 2012

The prices of properties across India is increasing. Mumbai, Chennai, Delhi and other metros in India has set a record for high real estate prices. However, when compared to a decade old real estate scenario, properties in India have become much affordable today. According to real estate experts the monthly rentals in Mumbai ranges between [...]

Chennai in demand post slowdown!

Monday, April 30th, 2012

Although Chennai is facing a shortage of 24000 homes in the budget homes segment, Real Estate experts from the city say that there has been a steady demand for budget and luxury properties in Chennai. If sources are to be believed, the properties in the bracket of Rs. 20 to 45 lakhs are the most [...]

Garbage overflow in localities of Delhi

Monday, April 30th, 2012

The Elephanta Lane, Sector 10 at Dwarka in Delhi is completely filled with debris and garbage! Each and every single road at the localities of Delhi have garbage dump on the end of roads. The footpaths, roads, barren land everywhere one can see dumped garbage and this is the situation residential areas. It has been [...]

Real estate sales across India

Wednesday, April 25th, 2012

The sale of houses and apartments in India is proving a major decline! The home loan rates and rates of properties are also increasing with the days progressing. Properties in India is no more n demand! This present real estate scenario is alarming whole India. The real estate experts have proved major decline of properties [...]

Bangalore crowned as “costliest city”

Wednesday, April 25th, 2012

Unbelievable! The garden city, Bangalore stands high as one of the costliest city in India. This comes as a shocking news that Bangalore has shaded behind Mumbai city which was considered as financial capital in India. The recent analysis of India’s Consumer Price Index (CPI) has proved that, Bangalore city is higher and costlier among [...]

Underpass stalled in Faridabad!

Tuesday, April 24th, 2012

The underpass railway project near the Rajiv Chowk at Fridabad is paused! Yes, the Vivekanand Railway Underpass tussling between HUDA and Railways from years has been stalled! This stretch having close connectivity to Delhi Mathura highway and other such nearby areas has paved way to nothing but prolonged traffic. The residents and commuters are bearing [...]