News for 'national-capital-region'

Builders from other regions tap into Mumbai's redevelopment market

Builders from other regions tap into Mumbai's redevelopment market

Rediff.com17 Jun 2025

Developers based outside Mumbai are making a beeline for India's largest real estate market through redevelopment projects. These include Delhi-based DLF, Bengaluru-based Prestige Estates and Puravankara, Pune-based Kolte-Patil Developers and Vascon Engineers, and Hyderabad-based Ramky Estates.

BCCI shuffles Test venues! Delhi misses out on SA Test

BCCI shuffles Test venues! Delhi misses out on SA Test

Rediff.com9 Jun 2025

While Delhi was set to host the opening Test against South Africa from November 14-18, it will now host the second Test against West Indies starting October 10.

Delhi govt urges Centre to suspend fuel ban on old vehicles

Delhi govt urges Centre to suspend fuel ban on old vehicles

Rediff.com3 Jul 2025

The Delhi government has requested the Centre's air quality panel to suspend the fuel ban on older vehicles, citing implementation challenges and public discontent. The government is also seeking solutions to restrictions on end-of-life vehicles.

Cab Wars Heat Up at Airports Post BluSmart Exit

Cab Wars Heat Up at Airports Post BluSmart Exit

Rediff.com19 Jun 2025

Uber recorded approximately 200 per cent year-on-year growth in its pre-scheduled ride option, Uber Reserve.

Unsold affordable units drop 19% in top 7 cities in Q1CY25, bucking slump

Unsold affordable units drop 19% in top 7 cities in Q1CY25, bucking slump

Rediff.com15 Apr 2025

After the post-pandemic slump in demand, unsold inventory in the affordable housing segment in the top seven cities dropped by 19 per cent in the first quarter of the 2025 calendar year (Q1CY25), according to a report by real estate consultancy firm Anarock.

Housing Sales Drop 28%

Housing Sales Drop 28%

Rediff.com28 Mar 2025

Average residential property prices in seven cities increased 10% to 34% due to new supplies in the luxury and ultra-luxury segments and overall demand.

Latest trend in India's key realty markets

Latest trend in India's key realty markets

Rediff.com18 Mar 2025

Capital value appreciation outpaced rental value growth in several key micro-markets between 2021 and 2024, with Noida Sector 150 in the National Capital Region (NCR) leading the pack with a 128 per cent rise in capital values compared to rental value growth of just 66 per cent, according to a report by property consulting firm Anarock.

Street gives a thumbs up to Godrej Properties' strong Q4 bookings

Street gives a thumbs up to Godrej Properties' strong Q4 bookings

Rediff.com17 Apr 2025

Realtor Godrej Properties Limited (GPL) is present in top real estate markets such as Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Pune, and Bengaluru. In the financial year 2024-25 (FY25), NCR contributed 36 per cent, Bengaluru 17 per cent, and MMR 27 per cent to revenues with the rest 20 per cent coming from Pune, Hyderabad, etc.

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Rediff.com8 May 2025

Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.

Scientist explains cause behind Delhi earthquake

Scientist explains cause behind Delhi earthquake

Rediff.com17 Feb 2025

Delhi region in northern India experiences frequent tremors due to both far-field and near-field earthquakes from the Himalayan and local sources, respectively.

Why The South Is Worried About Delimitation

Why The South Is Worried About Delimitation

Rediff.com28 Feb 2025

'Peninsular Indians could ask 'Why should we contribute half of India's tax revenues if we account for only a quarter of the seats in the Lok Sabha?'.' 'The rest of the country seems likely to counter that 'democracy means one vote per person irrespective of where that person resides in India'.' 'With no easy answers to this thorny debate, the south's economic ascendancy could end up creating a Hobson's choice.' A revealing excerpt from Nandita Rajhansa and Saurabh Mukherjea's book, Behold the Leviathan: The Unusual Rise of Modern India.

Why Home Insurance Is A Must

Why Home Insurance Is A Must

Rediff.com17 Mar 2025

A home insurance policy covers damage from earthquakes, fires, explosions, floods, landslides, cyclones, storms, aircraft damage, and acts of terrorism.

Flexible office space growth set to trigger IPO wave

Flexible office space growth set to trigger IPO wave

Rediff.com9 Apr 2025

India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.

Will money in hand from tax breaks spur housing demand?

Will money in hand from tax breaks spur housing demand?

Rediff.com21 Apr 2025

Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.

Realty sector turns cautious as equity market tumbles

Realty sector turns cautious as equity market tumbles

Rediff.com14 Apr 2025

'In the past six months, capital markets have seen a dip, and realty is struggling. The stock-market investor will be cautious of putting that investment in real estate when there may be a slowdown coming.'

Real estate attracts $1.3bn investment in Jan-Mar, up 31% YoY: Colliers

Real estate attracts $1.3bn investment in Jan-Mar, up 31% YoY: Colliers

Rediff.com11 Apr 2025

Institutional investments in Indian real estate have seen a strong start to 2025, with inflows reaching $ 1.3 billion in the first quarter - a 31 per cent year-on-year (YoY) increase. This growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the quarter. With $ 0.8 billion inflows, domestic investments saw a 75 per cent annual rise and were largely focused on industrial & warehousing and office segments.

Air pollution: SC questions AAP govt over trucks entry in Delhi

Air pollution: SC questions AAP govt over trucks entry in Delhi

Rediff.com22 Nov 2024

On November 18, the apex court directed all Delhi-NCR states to immediately set up teams to strictly enforce anti-pollution GRAP 4 restrictions, making it clear that the curbs would continue till further orders.

'Toothless' environment laws: SC slams Centre on air pollution

'Toothless' environment laws: SC slams Centre on air pollution

Rediff.com23 Oct 2024

A bench of Justices Abhay S Oka, Ahsanuddin Amanulllah and Augustine George Masih said the Commission for Air Quality Management in National Capital Region and Adjoining Areas Act of 2021 (CAQM Act) was enacted without creating required machinery for implementing the provision to curb air pollution.

Delhi schools, colleges go online as air quality worsens

Delhi schools, colleges go online as air quality worsens

Rediff.com19 Nov 2024

Delhi University and Jawaharlal Nehru University have announced a shift to online classes until November 23 and November 22, respectively, due to the alarmingly high air pollution levels in the city. The decision comes as Delhi and the National Capital Region (NCR) face "alarmingly high" air quality levels, prompting concerns about health and safety. The schedule of exams and interviews remains unchanged, the universities said. The Delhi government has termed the air situation a "medical emergency" and urged institutions to take preventive measures. Several schools and colleges in the region have already started shifting to online classes due to the poor air.

Institutional investment in real estate jumps 31% to $1.3bn

Institutional investment in real estate jumps 31% to $1.3bn

Rediff.com5 Apr 2025

The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.

Buying Under-Construction Property? Read This!

Buying Under-Construction Property? Read This!

Rediff.com11 Mar 2025

The biggest risk in under-construction projects is delay and non-completion.

14-yr-old, out on morning run, hit by speeding Jaguar in Noida

14-yr-old, out on morning run, hit by speeding Jaguar in Noida

Rediff.com11 Jan 2025

The incident took place around 6 am on January 9 near Stellar Jeevan Society in the Bisrakh police station area when the Jaguar car allegedly struck the boy from behind, as per a complaint lodged by the victim's father, Murari Singh.

Budget plans to complete 1 lakh homes in stalled projects

Budget plans to complete 1 lakh homes in stalled projects

Rediff.com2 Feb 2025

Union Finance Minister Nirmala Sitharaman on Saturday announced a fresh Rs 15,000 crore 'SWAMIH Fund' for completion of 1 lakh units in stalled housing projects across various cities, a move aimed at providing relief to distressed homebuyers whose investments are stuck. In November 2019, the Centre announced a stress fund named 'Special Window for Affordable and Mid-Income Housing' (SWAMIH), to complete stalled housing projects across India.

Pollution: Centre announces staggered working hours for Delhi staffers

Pollution: Centre announces staggered working hours for Delhi staffers

Rediff.com21 Nov 2024

The Indian government has announced staggered working hours for its employees in Delhi due to the severe air pollution in the city. The move comes after a week of 'severe' pollution levels, which have slightly improved but are still in the 'very poor' zone. The order also encourages employees to pool vehicles and use public transport to minimize vehicular pollution.

Stubble burning: SC raps Punjab, Haryana govts

Stubble burning: SC raps Punjab, Haryana govts

Rediff.com16 Oct 2024

The Supreme Court on Wednesday rapped the Haryana and Punjab governments over non-prosecution of violators found guilty of stubble burning and summoned the state chief secretaries to appear before it on October 23 and submit. an explanation.

Delhi businessmen get 160 extortion calls in 300 days

Delhi businessmen get 160 extortion calls in 300 days

Rediff.com12 Nov 2024

The majority of these calls originate from foreign-based gangsters or their associates, using Voice Over Internet Protocol or international phone numbers, they said.

Dilli Ab Door Nahin!

Dilli Ab Door Nahin!

Rediff.com15 Jan 2025

'Delhi's streets were not alleys but an artist's canvas,' the eminent poet Mir Taqi Mir noted more than 150 years ago. Syed Firdaus Ashraf savours the sights and cuisine of the national capital.

Delhi AQI 'severe' for 3rd day, GRAP-III curbs imposed

Delhi AQI 'severe' for 3rd day, GRAP-III curbs imposed

Rediff.com15 Nov 2024

Curbs under Stage III include a ban on non-essential construction and demolition, closure of stone crushers and mining activities in Delhi-National Capital Region (NCR).

SC to hear case on Delhi coaching centre deaths on Monday

SC to hear case on Delhi coaching centre deaths on Monday

Rediff.com20 Oct 2024

As per the cause list of October 21 uploaded on the apex court's website, a bench of Justices Surya Kant and Ujjal Bhuyan is slated to hear the matter.

Sunny skies await Indian aviation?

Sunny skies await Indian aviation?

Rediff.com23 Dec 2024

The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer. Also, new airline takeoffs, the future trajectory of revised norms to tackle pilot fatigue and efforts to reduce carbon emissions will be on the radar.

Delhiites breathe easy for 2nd day as AQI improves; curbs relaxed

Delhiites breathe easy for 2nd day as AQI improves; curbs relaxed

Rediff.com5 Dec 2024

Delhi's air quality improved for the second consecutive day on Thursday, with the Air Quality Index (AQI) recorded in the "moderate" category at 165. This marks a significant improvement from the "poor" category recorded on Tuesday. Several restrictions imposed under Stage 4 of the Graded Response Action Plan (GRAP) were lifted, but some restrictions under Stage 2 remain in place. The Decision Support System (DSS) has not been updated since Friday, with technical difficulties hindering the update of data for the last six days.

Minor leak from Parliament glass dome fixed: LS secretariat

Minor leak from Parliament glass dome fixed: LS secretariat

Rediff.com1 Aug 2024

The Lok Sabha Secretariat on Thursday said a minor water leak in the new Parliament building was due to displacement of an adhesive material used to fix glass domes over the lobby and corrective measures were taken immediately.

Several Raj hospitals get hoax bomb threat emails; probe launched

Several Raj hospitals get hoax bomb threat emails; probe launched

Rediff.com18 Aug 2024

Bomb disposal squad teams cordoned off the hospitals to check the hospital premises but found nothing suspicious.

PC makers look to hitch a ride on the q-com bandwagon

PC makers look to hitch a ride on the q-com bandwagon

Rediff.com7 Oct 2024

Bengaluru-based Sunny Gupta had been searching for a laptop for months. In August, while sitting at a coffee shop, he decided to order an Acer Predator laptop - typically priced between Rs 95,000 and Rs 2.5 lakh - through the quick-commerce (q-com) platform Flipkart Minutes. "It took exactly 13 minutes from payment to receiving it at the Starbucks I ordered it to," he wrote in a now-viral post on social media platform X.

Toxic haze envelops Delhi, doctors warn of health risks

Toxic haze envelops Delhi, doctors warn of health risks

Rediff.com18 Nov 2024

Delhi's air quality deteriorated significantly on Monday, with areas like Dwarka, Mundka and Najafgarh recording an AQI of 500, the worst this season. The city's overall AQI reached 491, triggering the implementation of the Graded Response Action Plan (GRAP) Stage-IV restrictions in Delhi-NCR. Doctors warned of health risks, urging people to wear N95 masks and avoid outdoor activities. The Supreme Court questioned the Delhi government on its anti-pollution measures and warned against scaling down preventive measures without its permission. Delhi Chief Minister Atishi accused the BJP-led central government of political maneuvering while neglecting stubble burning in states it governs. Meanwhile, the city enforced stricter pollution control measures, including a ban on truck entry and suspension of construction activities. Air purifier sales surged, reflecting the public's concern over the severe air pollution.

Haryana records 67.90% voter turnout

Haryana records 67.90% voter turnout

Rediff.com6 Oct 2024

Haryana has recorded a voter turnout of 67.90 per cent with Ellenabad assembly seat in Sirsa district witnessing the highest polling percentage at over 80 per cent, according to the updated figures of the Election Commission on Sunday.

Delhi's Pollution Nightmare!

Delhi's Pollution Nightmare!

Rediff.com18 Nov 2024

Clean air needs action all year round; and that it will work only if we act jointly and at scale, asserts Sunita Narain.

E-commerce Creating Jobs For Women

E-commerce Creating Jobs For Women

Rediff.com14 Oct 2024

'Women are taking on key roles in warehouses, such as picking and packing, as well as in our last-mile operations across India.'

Amazon India creates 110K seasonal jobs ahead of festivals

Amazon India creates 110K seasonal jobs ahead of festivals

Rediff.com14 Sep 2024

E-commerce firm Amazon India has announced the creation of over 110,000 seasonal job opportunities across its operations network as it prepares to serve millions of customers throughout India during the upcoming festival season. These positions include both direct and indirect roles in cities such as Mumbai, Delhi, Pune, Bengaluru, Hyderabad, Kolkata, Lucknow, and Chennai, among others. Notably, Amazon has hired thousands of women and nearly 1,900 individuals with disabilities into its existing network.

Godrej Properties on solid growth foundation amid strong pre-sales

Godrej Properties on solid growth foundation amid strong pre-sales

Rediff.com6 Jul 2024

Godrej Properties (GPL) reported strong pre-sales of Rs 22,500 crore in FY24, up 84 per cent year-on-year (Y-o-Y). The performance was led by new launches, which increased 65 per cent to Rs 23,000 crore in FY24, and contributed 70 per cent to total pre-sales. The sales volume increased 31 per cent Y-o-Y to 20 million square feet (msf), while realisation rose 40 per cent Y-o-Y, driven by contribution from high-realisation markets of National Capital Region (NCR) Delhi and Metropolitan Mumbai Region (MMR) and positioning in the premium segment.