16 Feb 2024

Zomato CEO Deepinder Goyal has acquired two separate land parcels totaling 5 acres in Mehrauli Tehsil, New Delhi, for a combined sum of INR 79 crore. The first 2.5-acre plot was purchased for INR 29 crore in March 2023, followed by the second 2.5-acre parcel acquired for INR 50 crore in September 2023. The plots in the Dera Mandi village, Chhatarpur area, are attracting affluent buyers interested in farmhouses. A surge in demand for such properties post-COVID has seen prominent figures like JC Chaudhary and Jaguar investing in Delhi's farmhouse areas.Read more

17 Nov 2023

Risland India achieves a milestone as Sky Mansion, its South Delhi skyscraper, receives an advanced Occupancy Certificate, signalling readiness for immediate move-in. The subsidiary of Singapore-based Risland boasts a global residential portfolio of Rs 1 lakh crores and aims to apply a 5% price hike this month following the project's completion before the scheduled date. With top-notch amenities, infinite views, and a strategic location, Sky Mansion positions itself as a premium residential choice, with notable neighbours including celebrities like Yuvraj Singh who owns a penthouse in the building.Read more

15 Nov 2023

The Municipal Corporation of Delhi (MCD) has issued new guidelines to address low property tax returns. In cases where tax arrears exceed Rs 25 lakh, punitive actions, including prosecution under the Delhi Municipal Corporation (DMC) Act, will be taken against defaulters. Despite previous measures, such as attaching bank accounts and properties, proving insufficient, the MCD will now initiate prosecution under sections 152A and 467 of the DMC Act for tax amounts exceeding Rs 25 lakh. Assessing officers are mandated to file complaints and commence prosecution proceedings against individuals who have wilfully defaulted on payment or attempted to evade tax.Read more

15 Nov 2023

The Delhi High Court has invalidated a demolition notice issued by the Delhi Development Authority (DDA) targeting "unauthorized" constructions near the Mehrauli Archaeological Park. The court directed the DDA to restart the process, emphasizing the importance of granting a fair hearing to the affected parties before taking further action on alleged encroachments. The court highlighted procedural lapses, stating that no intimation was issued to the petitioners before the demolition notice, and quashed the notice issued in December 2022. The ruling underscores the need for administrative actions to adhere to statutory procedures and principles of natural justice.Read more

31 Oct 2023

The Municipal Corporation of Delhi (MCD) is taking determined steps to address pollution and enforce environmental standards. Over a two-week period, they issued 24 challans with fines totalling Rs 8.2 lakh for violations related to construction and demolition guidelines. The MCD has deployed 511 surveillance teams to monitor environmental concerns, including open burning, illegal construction, waste dumping, and road dust. They've stationed anti-smog guns at high-rise buildings, landfills, and hotspot areas to combat air and dust pollution. The MCD's efforts are aimed at ensuring environmental compliance, especially in anticipation of the upcoming winter smog and pollution.Read more

31 Oct 2023

Shravan Kumar Chaudhary, director of Gujara Construction Pvt Ltd, was arrested at Delhi's airport over a fraudulent property deal involving over Rs 2.3 crore. The victim, Sushil Kumar of Noida, filed a complaint alleging Chaudhary duped him in a fraudulent property transaction. Chaudhary had claimed ownership of a seven-story building in Harola village, Sector 5, and promised to sell half of it for Rs. 9.50 crores. The real owner was later identified as the Noida Authority. Chaudhary is now in police custody.Read more

17 Oct 2023

Delhi's Winter Action Plan, initiated by Chief Minister Arvind Kejriwal, is in full swing to combat air pollution as the city prepares for winter. At its forefront is the Anti Dust Campaign, featuring 591 teams from 13 departments, inspecting construction sites to enforce dust control guidelines. Fines for non-compliance send a stern message to violators. The Green War Room coordinates these efforts, while bio decomposer spraying and anti-smog guns are also used. This campaign, lasting from October 7 to November 7, is crucial for mitigating winter air pollution. Stricter penalties await severe violators, and public participation is encouraged through the Green Delhi App, reflecting a unified effort to create a cleaner, healthier Delhi.Read more

17 Oct 2023

A Delhi court has ordered an FIR against a builder for allegedly defrauding a buyer, Masud Alam, of Rs 1.3 crore under the pretence of selling a property in Bara Hindu Rao. The property, paid for between August 2019 and July 2021, was later sealed by the Municipal Corporation of Delhi. Accused Mohammad Gulfam Qureshi and Anshul Goel reportedly pressured Alam for payments, despite construction delays. The case highlights the need for vigilance in property transactions.Read more

03 Oct 2023

A major fire broke out at a Mukherjee Nagar PG facility in northwest Delhi, allegedly due to faulty electrical wiring ignored by the building owner despite multiple complaints. Thirty-five individuals were rescued, and a case has been registered against the owner. A police probe is underway to determine if fire safety protocols were violated. The Municipal Corporation of Delhi (MCD) has ordered a survey of all PG facilities in the area. Survivors claim repeated pleas to fix wiring issues were ignored. This incident follows the MCD's recent sealing drive against coaching centres without NOCs after a similar fire left 61 students injured.Read more

28 Sep 2023

The Municipal Corporation of Delhi (MCD) is contemplating the introduction of "compensatory regulatory charges" in south and east Delhi, a move that may significantly affect residential construction costs in these areas. Previously, this fee was limited to North Delhi. The charges will be based on the built-up area of new residential structures or renovations and will be applied during the building plan approval process. The proposal is set to be discussed in an upcoming house meeting. MCD officials argue that these charges are necessary to support infrastructure development in MCD-governed regions. However, there are suggestions to revise the fee calculation method to correlate with the built-up area, potentially impacting construction costs.Read more

26 Sep 2023

In a significant legal development, the Delhi High Court has rejected R K Arora's petition, chairman and owner of Supertech, challenging his arrest by the Enforcement Directorate (ED) in a high-profile money laundering case. The court upheld the legality of his arrest, emphasizing the ED's adherence to legal provisions and the prompt notification of grounds for arrest. Arora's claims of violations of the Prevention of Money Laundering Act (PMLA) and his fundamental rights were dismissed, as the court found no substantive evidence. The court also addressed the issue of interim bail, suggesting video conferencing for meetings with creditors. Subsequently, the ED filed a charge sheet against Arora and others, alleging conspiracy to defraud homebuyers.Read more

22 Sep 2023

The Delhi Development Authority (DDA) has approved an annual 8% increase in charges for obtaining property rights in unauthorized colonies under the Pradhan Mantri-Unauthorized Colony in Delhi Awas Adhikar Yojana (PM-Uday scheme). This revision, effective from April 1, 2022, follows an amendment to the National Capital Territory of Delhi (Recognition of Property Rights of Residents in Unauthorized Colonies) Regulations, 2019, in compliance with Section 57 of the Delhi Development Act, 1957. The charges for property rights will increase by 8% each year. While this move aims to regularize unauthorized colonies, it may pose challenges for applicants seeking legal recognition of their properties in these areas.Read more

13 Sep 2023

The upcoming five-day special Parliament session in New Delhi will see the old Parliament building bid farewell, with the inauguration of the new structure set for Ganesh Chaturthi on September 19. Both Houses will reflect on the historical significance of the old building on the first day, and Parliamentarians will share their memories. A joint sitting of Parliament is expected. A new dress code, designed by NIFT, is being introduced for staff, while marshals will wear Manipuri or Kannada turbans.Read more

11 Aug 2023

The Galaxy Group, a real estate developer based in the National Capital Region (NCR), has secured a land parcel in South Delhi's Lodhi Colony through a lease agreement with the Rail Land Development Authority (RLDA). Valued at Rs 356 crore, the land spans 43,345.82 square meters and is planned for a transformative residential development. Divided into sections including Lodhi Colony and Sewa Nagar, a significant portion will be allocated for residential development. The Galaxy Group plans to invest Rs 1,000 crore in comprehensive projects that include housing for railway staff and the redevelopment of existing railway colonies.Read more

19 Jul 2023

The Union Housing and Urban Affairs Ministry has announced a two-day conclave that will feature a series of 24 presentations. The event aims to bring together key speakers, including chief town planners from various states. These presentations will cover a wide range of topics related to housing and urban development. The conclave is expected to provide a platform for sharing insights, discussing best practices, and fostering collaboration among the participants. With experts from different regions, it offers a valuable opportunity to exchange knowledge and experiences in the field of urban planning and development.Read more

17 Jul 2023

ParkMate, India's top app-based platform for smart parking solutions, is set to expand its services in Delhi NCR. The company aims to revolutionize the parking experience by offering seamless operations, digital transactions, and reduced parking issues. Within the next six months, ParkMate plans to provide over 500,000 parking services in key areas like Connaught Place and Lajpat Nagar. The company will launch an updated app to enhance the user experience. Currently serving 500-700 customers daily, ParkMate's "Drop & Shop" service offers real-time parking and secure vehicle handling.Read more

11 Jul 2023

The Municipal Corporation of Delhi (MCD) has initiated trial runs for its largest construction and demolition (C&D) waste plant located in Burari. With a daily processing capacity of 2,000 tonnes, the plant is expected to be fully operational next month. It aims to meet the waste disposal requirements of government agency sites and local residents in six zones, including Civil Lines, Paharganj, and Karol Bagh. Government agencies can deposit waste after paying processing fees, while private players will be charged for transport and processing from their homes.Read more

11 Jul 2023

The Aam Aadmi Party (AAP) government in the national capital recently presented a report to the National Green Tribunal (NGT), suggesting an increase of 50 percent in penalties for non-residential units. The report highlights the need for stricter measures to enforce environmental regulations. According to the AAP government, this higher penalty would serve as a deterrent and encourage non-residential units to comply with the prescribed norms. The proposal aims to ensure greater accountability and adherence to environmental standards in commercial and industrial establishments.Read more

11 Jul 2023

In a significant move, the Delhi Development Authority (DDA) has assigned 1,078 flats to economically weaker section (EWS) families in Jwalapuri Bagh and Ashok Vihar. This initiative is a part of the Seetu Punarwas Yojana, aimed at replacing slums with affordable housing. The recipients were issued allocation letters on June 27. To facilitate this process, a facilitation centre was inaugurated by MP Harsh Vardhan. The centre will offer services such as biometric verification, loan assistance, and document processing for property possession.Read more

06 Jul 2023

The Delhi Development Authority (DDA) has allowed the amalgamation of two adjacent flats as part of their new housing scheme, which has received a positive response with 4,000 registrations so far. Applicants purchasing two neighbouring flats can merge them by creating a common door through a shared wall, subject to necessary approvals. This provision also applies to those who already own a flat from a previous scheme. The scheme offers 1-BHK, 2-BHK, and 3-BHK flats in various locations across Delhi, providing flexibility and personalized living spaces to meet the diverse needs of potential homeowners.Read more