Delhi-NCR Observe 20 to 27% Hike in Real Estate Prices

Published: June 13, 2011

Real estate prices in some localities of the national capital skyrocketed by 20 to 27 percent in the first quarter of the current fiscal as compared to the corresponding period of 2010-11, an industry report said Wednesday. “Property prices for Delhi have seen escalation if we compare per square feet prices of quarter (Q)1-11 over [...]

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New Norms Slow Down Property Registration

Published: April 6, 2011

Registration of property transactions has witnessed a steep decline in the capital after the state government made it mandatory to produce a building sanction plan and structural safety certificate as a prerequisite to any form of registry. In nearly all districts, the sub registrar offices have seen the number of registrations come down sharply. Some [...]

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Sobha Developer to Launch Projects in NCR and Chennai

Published: April 4, 2011

As Sobha Developers prepares to launch projects in new markets such as the National Capital Region (NCR) and Chennai, it could look at monetising more land to raise funds, according to reports. J C Sharma, managing director of Sobha Developers said that finances for the new project launches have already been tied up but the [...]

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Delhi Govt To Start Allotment of 10,000 Low-cost Flats

Published: March 14, 2011

Delhi government will soon start allotment process of nearly 10,000 low-cost flats to slum dwellers in the city.
Industries Minister Ramakant Goswami today said the government’s infrastructure agency Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) has completed construction of 9,660 houses which will soon be handed over to Delhi Urban Shelter Improvement Board (DUSIB) for [...]

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