Tag: Delhi real estate

Weak Home Sales Fail to Halt Price Hikes

Property prices are still rising despite the weak home sales. The last quarter witnessed fall of home sales and rise of property prices. Sky-touching home prices have hurt the sentiments of buyers, keeping them away from buying. Though this, the higher property prices, have caused the fall of home sales, still the prices are shooting […]

DDA to Probe Dubious Land Dealings in Delhi

As per the direction of the Delhi High Court, Delhi Development Authority (DDA) will probe against the illegal deals of plots in the city. Delhi Development Authority (DDA) is asked by the Delhi High Court to probe into the land deals in the city. After hearing the PIL filed by Mr. Rajesh Kumar, a Delhi […]

DDA Plans to Reconstruct Dangerous Buildings

Delhi Development Authority (DDA) plans to reconstruct some dangerous buildings in the city. DDA is prompted by the increasing incidents of building collapses. Seeing the increasing incidents of building-collapses, Delhi Development Authority has decided to reconstruct some most dangerous buildings of the city. However DDA has to attain the consent of the flat owners to […]

Focusing Delhi Real Estate, DLF Sells Aman Hotel Shares

India‚Äôs largest real estate firm DLF plans to develop some Delhi real estate properties. The real estate major has sold its Aman Hotel stakes with this purpose. DLF has sold its Aman Hotel stakes with double purpose. Firstly with the amount the firm will be able to cut off its debt and secondly the firm […]

Central Government to bring in law to regulate Delhi real estate

The Central Government on Thursday said that it is considering a model legislation on regulating real estate in Delhi. In reply to a written question in the Rajya Sabha, Minister of State for Urban Development Saugata Roy said that ‘the Delhi Real Estate Management (Regulation and Control) Bill’ can also serve as a reference for […]