Home seekers demand has exceeded supply and hence there is a possibility of rentals going up by atleast 10 percent.
The Supreme Court Wednesday directed the Centre and states to ensure implementation of the decisions taken in a meeting to curb air pollution, observing that it cannot get into the 'nitty gritty' and the bureaucracy has developed a 'sort of inertia' of not taking decisions which are left to the courts.
According to the National Centre for Seismology, the magnitude of the earthquake was 3.7.
The sky turned cloudy around 4:30pm and gusty winds swept the national capital.
A blinding layer of dense fog over north India, including Delhi, caused major inconvenience to commuters. The visibility levels were 50 metres around 5:30 am.
Home prices across the top six cities are set to jump 6-10 per cent this fiscal and 3-5 per cent in the next financial year because of a steep rise in raw material, labour and land costs, and relatively favourable demand-supply dynamics, a report said on Thursday. The report by Crisil also said large residential realtors are on course to log a robust 25 per cent sales growth in 2022-23 and 10-15 per cent in the next fiscal. The unsold inventory level is down to 2.5 years from four years pre-pandemic, and this has credit profile of the large realtors strengthening, the report said.
The neighbouring cities of Faridabad (469), Greater Noida (464), Ghaziabad (470), Gurgaon (472) also recorded 'severe' air pollution levels.
Dense to very dense fog prevailed in some parts of the National Capital Region (NCR), Haryana, Punjab, west Uttar Pradesh and north Rajasthan on Tuesday.
Subsidies have been stopped for several manufacturers that are under investigation for alleged violations of local-sourcing rules.
Prices of luxury properties appreciated by 8-12 per cent during the last year across major cities and has breached the 2015 peak level, according to India Sotheby's International Realty. In its annual 'Luxury Outlook Survey 2023', India Sotheby's International Realty (ISIR) revealed that 61 per cent of High-Net-worth Individuals (HNIs) and Ultra High-Net-worth Individuals (UHNIs) are looking to buy luxury real estate during 2023-24. The sample size of the survey is more than 500 HNIs and UHNIs.
The national capital has been witnessing an incessant spell of light to moderate rain for the past two days.
Housing sales declined 23 per cent in April-June across seven cities compared with the previous quarter due to the second wave of the COVID pandemic, but witnessed an 83 per cent rise on an annual basis, according to JLL India. In its latest report, real estate consultant JLL India said that sales of residential properties stood at 19,635 units during April-June period of this calendar year. Sales of residential properties stood at 25,583 units in the January-March quarter of 2021, and at 10,753 units during April-June period of last year.
Ariyippu drives home the point that nothing can force you to leave the path of righteousness, discovers Utkarsh Mishra.
The home ministry noted that it took a number of steps to ensure adequate and uninterrupted supply of essential medical oxygen as well as life-saving drugs, including remdesivir.
Housing sales have risen 49 per cent year-on-year to 83,220 units in the July-September period across eight major cities on pent up demand, despite rise in interest rates and property prices, according to PropTiger.com. Sales stood at 55,910 units in the same quarter last year. The sales have surpassed the pre-pandemic levels of 2019's Q3 (July - September), housing brokerage firm PropTiger.com said on Thursday in its quarterly report Real Insight Residential -- July-September 2022.
He said his government's goal is to make Delhi a grand city equipped with all the facilities as expected of the capital of the country.
Couples -- young and old -- celebrated Valentine's Day on Tuesday with flowers and gifts even as a few right-wing outfits played spoilsport in some parts of the country.
During a sale, many store windows invite the shopper with impossible-to-miss visuals announcing '50% Discount'. Only upon entering does the shopper realises that the one rack which fulfils this promise sells items she'd never purchase.
The air quality in the national capital remained poor for the sixth consecutive day on Monday with stubble burning accounting for seven per cent of the capital's PM2.5 pollution.
The chief minister said certain steps by the government, including the introduction of an electric vehicle policy in 2020 and 24-hour electricity supply, had led to an 18.6 per cent decline in air pollution levels in the last four years.
Delhi's minimum temperature on Wednesday morning plunged to 4.4 degrees Celsius -- the season's lowest -- making the national capital colder than Dharamsala, Nainital and Dehradun.
The Air India Group has started vacating its offices, which are currently being operated from government-owned properties, from this month, as part of its strategy to consolidate workspaces across the country. The loss-making Air India and its international budget arm Air India Express were taken over by the Tata Group on January 27 this year, after successfully winning the bid for the airline on October 8, last year. Besides these two airlines, Tata Group also holds a majority 51 per cent stake in Vistara, its joint venture airline with Singapore Airlines (SIA), and a 83.67 per cent stake in budget carrier, AirAsia India.
Three major cities in south India -- Bengaluru, Hyderabad and Chennai -- dominate India's office market with the contribution of 66 per cent of the total demand for office space during the last financial year 2020-21, according to Anarock report. The consultant noted that the main southern office market has overtaken other regions in terms of new supply, net absorption, and even rental growth. Among the top-seven cities, Bengaluru, Hyderabad and Chennai saw their share of total office leasing increase to 66 per cent in the 2020-21 fiscal year as against 47 per cent in FY18.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries:
The city's 24-hour average AQI was recorded in the 'poor' category at 265 on Saturday as residents flouted the ban on firecrackers in parts of the national capital ahead of Diwali, according to Central Pollution Control Board's (CPCB) data.
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Production, storage and sale of firecrackers in the capital will be punishable with a fine of up to Rs 5,000 and three years jail under Section 9B of the Explosives Act, the minister told a press conference in New Delhi.
No improvement in the air quality in Delhi-NCR is expected for another three days, authorities said on Monday, as the Supreme Court directed the Centre to call an emergency meeting to decide on measures like stopping non-essential constructions, transport and power plants by Tuesday evening.
The Central Bureau of Investigation has busted a multi-state racket of imposters and arrested four of them for allegedly attempting to cheat people of Rs 100 crore with false promises of Rajya Sabha seats and governorship, officials said.
According to Central Pollution Control Board's (CPCB) Sameer app, the city's air quality index (AQI) stood at 449 in the severe category at 8 am on Saturday. It was 462 on Friday.
'I got an opportunity to direct him in Baaghi 3.' 'He played a police commissioner's role, and it was so weird directing him.' On the first day of shooting, I asked him, 'What do I call you today?' and he shot back, 'Satish uncle'.'
Leading milk supplier Mother Dairy has increased milk prices in Delhi-NCR and other cities by Rs 2 per litre with effect from Sunday on rising input cost. The milk prices were last revised in December 2019. Justifying the hike, Mother Dairy said that procurement cost of milk from dairy farmers has gone up by 8-10 per cent in the last one year. Other operational costs have also risen.
Housing sales jumped over 4.5 times year-on-year in April-June across eight cities to 74,330 units on lower base effect, while demand was up 5 per cent from the previous quarter, according to PropTiger data. Housing sales stood at 15,968 units in the April-June period last year and 70,623 units in the January-March quarter of 2022. The price of residential properties rose 5-9 per cent annually, driven by rise in input costs, inflationary pressures and premium attached with ready-to-move-in inventory. Pune and Chennai saw maximum appreciation at 9 per cent each.
Rentals of prime offices in Bengaluru and Mumbai fell 8 per cent and 6.2 per cent, respectively, during January-March 2021 as compared to the year-ago period, according to a Knight Frank report. In its Asia-Pacific Prime Office Rental Index Q1, 2021 report, the consultant said the prime office rents in the national capital region (Delhi-NCR) declined by only 1 per cent during January-March this year as against the same period of 2020.
Indian start-ups raised issues, such as blockages in international wire transfers, disruptions due to threshold limits on withdrawals, lack of communication from US agencies, and the need for preferential access to credit, in a meeting with the government over the fallout of Silicon Valley Bank's collapse. Rajeev Chandrasekhar, minister of state for electronics and information technology, held a virtual meeting with over 450 members from start-ups, venture capitalists, and investors who have been directly affected by the closure of SVB. He assured them that the IT ministry would put together a list of suggestions and give it to the finance minister on behalf of start-ups.
The CBI has said the mall belongs to Yadav who has made investment in the project through a company.
Senior IMD scientist R K Jenamani said the monsoon covered south and central Arabian Sea, entire Kerala, parts of Karnataka and Tamil Nadu between May 31 and June 7.
There are conflicting reports about the magnitude of the earthquake that shook Delhi and its adjoining areas. While the Indian Meteorological Department measured the quake at a scale of 4.9, the United States Geological Survey put the magnitude at 5.2 on the Richter scale.
The Popular Front of India (PFI), banned recently by the government for alleged terrorist links and spreading communal hatred, has a "well-structured and organised" presence in the Gulf countries for raising and mobilising funds, the Enforcement Directorate said on Monday after a local court took cognisance of its latest charge sheet filed against three PFI office-bearers.
Delhi logged 23 COVID-19 fatalities on Tuesday, the highest since June 16, and the positivity rate rose to 25.65 per cent with the government directing closure of all private offices, except those in exempted categories.
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