With the recent Budget announcements, the sales in the affordable segment are expected to increase.
Prime Minister Narendra Modi on Thursday thanked Qatari Emir Sheikh Tamim bin Hamad Al-Thani for the release of eight Indian nationals, who were sentenced to death after being arrested in Doha in August 2022.
Authorities have suspended civil construction works in Delhi and Haryana as part of emergency measures to improve air quality.
Irrigation woes have contributed to the problem of stubble burning in the state, reports Sarthak Choudhury.
The Central Bureau of Investigation on Wednesday registered a fresh case in connection with alleged irregularities in construction of indoor courts at Sri Fort sports complex for Commonwealth Games and carried out searches in Delhi and Mumbai.
A day after rampant cracker bursting on Diwali night, the residents of the Delhi-region woke up with itchy throats and watery eyes as a thick layer of acrid smog engulfed the region on Friday, November 5, 2021
With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.
Business Standard brings to you a snapshot of average current rates and unit sizes in localities that offer property in the price range of Rs 2 crore (Rs 20 million) to Rs 4 crore (Rs 40 million).
At a time when diesel-powered vehicles have been driving sales in the country's otherwise sluggish automobile market, the industry has been hit by a double whammy.
The currency notes allegedly given as bribe to three Bharatiya Janata Party lawmakers have been traced to some banks in the National Capital Region of Delhi region and not to a Bhopal-based branch of a public sector bank, sources in a Parliamentary committee have claimed.
'The CM wants to develop a Film City that would provide the entire value chain of film-making services and infrastructure in one place.'
The real estate market has seen a decline in affordability due to the recent rise in median loan rates as a result of the 50 basis points (bps) hike in repo rates by the Reserve Bank of India (RBI). A cumulative increase of 0.95 per cent in median home loan rate has impacted the purchase affordability and purchase decisions of homebuyers, according to the Affordability Index by Knight Frank. The Affordability Index tracks the EMI (equated-monthly instalment) to income ratio for an average household.
Setting a new benchmark for apartments in the super-luxury segment in the national capital region, a local developer is offering 7,672 square feet of super area at a basic price ranging between Rs 13,500 and Rs 14,750 per square foot (sq ft), the highest in the region. The property is attracting keen interest in the market and analysts said it indicates the market for luxury properties remains strong as ever.
Business process outsourcing companies in the National Capital Region are being forced to set up centres in other parts of the country and lower their hiring rates on account of higher retention costs and capacity bottlenecks.
Delhi's air quality was again in the severe category with the 24-hour average AQI recorded at 403 after remaining in the 'very poor' category till Tuesday morning, when the AQI was recorded at 396.
In a seeming bid to preempt any move by yoga guru Baba Ram Dev to stage a demonstration in Uttar Pradesh, the UP administration clamped Section 144 of CrPC in all districts falling under the national capital region late Monday evening. Under this section, assembly of four or more persons at any public place is banned.
In his address at a ministerial meeting of the SCO in Moscow in the Russian capital, Singh also referred to the Second World War and said its memories teach the globe the 'follies of aggression' of one state upon another that brings 'destruction' to all.
There is no use of the BJP targeting the likes of Mamata Banerjee and M K Stalin, directly by the party's political bosses, both in Delhi and the respective state capitals, or even using the Raj Bhavans to fire those salvos from. Successive elections have proved that it's counter-productive, if anything. But the BJP is yet to understand it, acknowledge it, points out N Sathiya Moorthy.
An anonymous call threatening to kill Prime Minister Dr Manmohan Singh and Bharatiya Janata Party patriarch A B Vajpayee have prompted security agencies to conduct searches in the National Capital Region to identify the caller, sources said on Wednesday.
After BigBasket, another online grocery retailer, MyGrahak, is scouting for private equity (PE) investment to fund its expansion plans.
Well-known companies like Wipro, ITC, Patni Computers, Spectral Services and many others have received permission to work on 'green buildings' in industrial zones of the National Capital Region like Noida and Gurgaon. Green buildings consultancy company SGS Pvt India Ltd Head Avinash Kumar said there are about 40 buildings in the country that fall under the green category and atleast 10-12 companies are in place that cater for such requirements currently.
Immigration officials at Mumbai's Chhatrapati Shivaji International Airport detained mine owner and Karnataka MLA Santosh Lad on Thursday morning while he was on his way to Dubai. Lad, who represents the Kalaghatgi constituency in Dharwad, was wanted by the Delhi Police in connection with a cheating case.
The CBI on Tuesday carried out searches at 20 premises of DDA and CPWD officers besides that of a private firm in connection with alleged irregularities in laying of synthetic turf for lawn bowl event during the Commonwealth Games.
He slammed naysayers for opposing developmental projects, saying some people have a habit of trying to stall any good work.
'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'
A recent report by Citi had pegged the total amount stuck in stalled projects across seven major Indian cities (Bengaluru, Mumbai Metropolitan region, National Capital Region, Ahmedabad, Hyderabad, Kolkata and Pune) at Rs 80,000 crore.
Housing sales dipped by more than half in the first quarter of 2012 in Mumbai and national capital region due to high prices and uncertain economic conditions, and a continued downtrend could force builders to sell homes at up to 20 per cent cheaper rates, says a report.
However, Bengaluru is on a high with the share of IT/ITeS in the total office space transaction rising from 55 per cent in 2011 to 75 per cent till May 2012, according to data by DTZ, an international real estate research firm.
"I do not think prices can come down because costs are high. We have not seen any decline in prices so far, says Adi Godrej"
The sources said the CBI raids started early in the morning and are focussed on four companies, which had acted as the Indian arm for the same number of international firms. The contracts were bagged by consortium of foreign and Indian firms.
When Kishore Biyani- led Future Group opened the 200,000 square feet Home Town store in Mumbai's Vikhroli early last year, it became a symbol of the group's giant-sized ambitions in home solutions.
43 McDonald's outlets in New Delhi-National Capital Region were forced to down shutters following lapse of their eating-out or health licences in June.
They realised that the Portuguese were better prepared to defend Daman than Dadra and Nagar Haveli. If reinforcements from Daman were to reach Silvassa, there was no chance of defeating the Portuguese. They decided that cutting Daman's communication lines would have to be their top priority before attacking Silvassa. A fascinating excerpt from Neelesh Kulkarni's new book, Uprising-The Liberation of Dadra and Nagar Haveli.
In the NCR region, a significant number of residential projects in areas such as Noida have been delayed because of disputes with regards to land acquisition.
The NCB has widened its probe into a recent seizure of about 50 kg of heroin from a house in south Delhi's Shaheen Bagh area with the arrest of three more people on Friday, officials said.
What months of intervention by gun and baton-wielding cops could not do to quell the prevailing tension between authorities and farmers in Noida, has been accomplished by a man who chose to reach out to all and sundry with a smile.
Th epicentre of the 6.3-magnitude earthquake, which struck at 1.57 am, was in Nepal, about 90 km east-southeast of Pithoragarh
Days after a young girl was abducted and raped outside Sahara Mall on Gurgaon's MG Road, Rediff.com's Priyanka finds that little or nothing has changed along the darkly-lit stretch.
Prime Minister Narendra Modi on Thursday laid the foundation stone for the Noida International Airport at Jewar in Uttar Pradesh. It will be one of the largest aerodromes in Asia.
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