With the recent Budget announcements, the sales in the affordable segment are expected to increase.
As the adjournment of Parliament for an indefinite period with the Rajya Sabha also adjourning sine die kickstarts the final countdown for the general elections, Modi said the last five years were a period of "reform, perform and transform" with the country moving towards "big changes" at a fast pace.
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.
Authorities have suspended civil construction works in Delhi and Haryana as part of emergency measures to improve air quality.
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).
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.
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 meeting between Jaishankar and Zameer in the Ugandan capital city of Kampala came amid an unease in the Maldives' bilateral ties with India.
The Delhi Pollution Control Committee (DPCC) also issued guidelines for implementation of the ban on firecrackers, which included directions to the Delhi Police to register a first information report against the violators of the ban.
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.
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.
The Jaishankar-Wang talks came amid the dragging border row in eastern Ladakh that entered its fifth year in May.
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.
While there was a brief respite from the incessant downpour on Tuesday, collaborative efforts from the defence, national, and state disaster response forces took the lead in executing rescue and relief operations.
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.
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.
After BigBasket, another online grocery retailer, MyGrahak, is scouting for private equity (PE) investment to fund its expansion plans.
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.
As per the Chief Minister's official schedule, Siddaramaiah will be leaving for Delhi by a special flight at 6:30 pm, and will halt in the national capital tonight.
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.
Green think tank Centre for Science and Environment (CSE) said the ongoing smog episode is a public health emergency.
Hailstorms were reported at various parts of the national capital including Palam, Chilpighat and Ayanagar, the IMD said.
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"
Samal also claimed that the Odisha BJP was confident of winning both the polls.
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.
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.
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.
While it hit the national capital two days before schedule, its entry into the financial capital is two weeks late, the Met office 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.
CIDCA is headed by Luo Zhaohui, the former vice foreign minister and ex-ambassador to India.
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.
In the backdrop of some localities in the national capital region removing mobile towers on the ground that they pose radiation hazards, cellular operators on Monday refuted these allegations, describing them as "having no scientific basis".
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.
The agency's latest action, under Prevention of Money Laundering laws, had been taken against the borrower company and its two group companies, which owe the investors Rs 922 crore (Rs 9.22 billion), sources said.
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.
The 980 MW (2x490 MW) Stage-II of the Dadri power project would supply electricity for the Commonwealth Games, next month.
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