Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
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".
The 980 MW (2x490 MW) Stage-II of the Dadri power project would supply electricity for the Commonwealth Games, next month.
As its reach now extends from north Delhi to the satellite city Gurgaon, Delhi Metro's ridership is increasing day-by-day with over 14 lakh people taking a ride on the new age transport system on Monday alone.
Over 100 workers have been killed during the construction of the metro railway in India's capital city, New Delhi, since 1998, according to a submission by the metro authorities.
Besides Karnataka, states like Tamil Nadu, Kerala, Uttarakhand, Uttar Pradesh, Maharashtra, Assam, West Bengal, Arunachal Pradesh and Meghalaya have already announced area-wise lockdown for different durations.
About Rs 2,000 crore of realty money has flown into stocks in the National Capital Region in the months after demonetisation.
Mayawati recently appointed her brother Kumar as national vice president of the Bahujan Samaj Party.
Cutting across party lines, members of Parliament on Wednesday voiced concern over the law and order situation in the capital and adjoining areas, with Community Party of India-Marxist leader Brinda Karat, alleging that the National Capital Region was turning into a "crime haven'.
Worli and Mahalaxmi in Mumbai Metropolitan Region are placed at second and third positions with average housing prices of Rs 41,500 and Rs 40,000 per sq ft, respectively.
Days after a Rs 3 per litre rise in petrol prices, it is the turn of compressed natural gas. Indraprastha Gas (IGL), monopoly marketer of CNG in and around this metropolis, is looking at raising the price by up to six or seven per cent (Rs 2 per kg) sometime next week, due to higher cost on account of a weakening rupee.
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.
The national capital will soon be better connected with neighbouring cities as the government is finalising dedicated rail corridors for the National Capital Region.
Latest CBRE data show Mumbai and the National Capital Region together have just 13 per cent more office space than Bengaluru.
The 2010 Commonwealth Games tickets will be finally available in retail outlets across Delhi and the National Capital Region (NCR) from Wednesday.
One can no longer get these facilities at high-end hospitals in Delhi, National Capital Region and in Mumbai, Bengaluru and Chennai.
An anonymous caller threatening to blow up two Metro stations, including at the busy Rajiv Chowk in the heart of Delhi, on Sunday triggered a scare in the National Capital Region, prompting authorities to step up security at these installations.
The module was also planning to carry out targeted killings in India and was in the advanced stage of procuring arms, including automatic rifles and pistols, ammunition and explosives to carry out the attacks, he said.
Modi also said that presently a 'new trend' is being seen in the country where protests are based on creating doubts through misinformation while union ministers urged farmers not to have any misconceptions about the three agriculture reform legislations.
Doctors have declared the situation as a 'public health emergency', while the government has taken a series of measures in view of high pollution levels.
The Supreme Court on Monday issued notices to Hindustan Petroleum Corporation Limited and the Union government, taking note of a news item that said the diesel sold in the national capital region was being adulterated.
From fast food and athleisure to ACs, the demand for several non-discretionary items has spiked since May 17, when Lockdown 4.0 was extended till May 31.
CREDAI-MCHI, a body of developers in Mumbai, has pegged the drop in sales booking at around 80 per cent in the February-March period this year. This is the second highest fall in residential sales in the past five years, after Q1, 2017, when the decline, due to the note ban, was 37 per cent.
Owning property in Gurgaon is set to become more expensive with the Gurgaon Municipal Corporation planning to impose property tax.
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.
Mumbai, the financial capital of India, witnessed the sharpest decline in rental values in the first quarter of 2009, while the National Capital Region witnessed significant decline in rental values in central business district in the first quarter of 2009, according to Cushman & Wakefield's latest office market report. Demand declined by approximately 30 per cent over the first quarter of 2008.
India's representation in the top 50 Emerging Global Outsourcing cities has grown to four, from last year's three, with the addition of Jaipur to the list at number 31. The other Indian cities in the list include Kolkata at number six, Chandigarh at 12 and Coimbatore at 17, says the study.
In a presentation to investors, the company said it has become a key player in all four metros.
Harjit Singh Chhabra, head, Sadar Nishkarm Welfare Association, estimated that losses could go up to hundreds of crores.
The government in 2007-08 had announced tax holiday scheme of five years for two-star, three-star and four-star hotels, besides convention centres in NCR.
Because of oversupply and rising vacancy levels in cities such as Delhi, Mumbai, Bangalore, among others, rentals are expected to remain stagnant in the next six months or see a further fall of 10-15 per cent.
"Our extensive research reveals that as the real estate sector's growth continues to improve, the country will witness a supply of 138,000 residential units in 2010, 57 per cent more than the supply seen in 2009."
The capital recorded 2,373 fresh coronavirus cases taking the tally to 92,175. With 61 deaths, the fatalities now stand at 2,864.
Simply put, tax evasion occurs when any trust, individual, or firm, seeks to avoid paying taxes by illegal and unfair means, by, for example, deliberately hiding income from the tax authorities to reduce the tax liability.
Rustomjee Business School, promoted by realtor Boman Irani, stands tall on S V Road in Mumbai's Dahisar area. Just a year ago, it was the site of an equally impressive Mega Mart promoted by Vishal Retail.
NRI demand would help offset the liquidity problem, which is presently affecting realty sales.
Greater Noida in the National Capital Region (NCR) saw the 8th highest annual growth in rental values in the world as on December 2008, a report by a global real estate consultant said.
Through Micro Lost Mobile Tracking System, Micro Technologies would provide security to the mobile handsets of Airtel subscribers, the firm informed the Bombay Stock Exchange. The application would have a software in the GSM enabled mobile handsets that would inform the user about the new mobile number, which replaced the original number, through an e-mail, Micro Technologies said.
Big conglomerates of Japan, including Mitsubishi Corporation, Sumitomo Corporation, and Mitsui Group, are looking to both build and buy commercial properties in key Indian cities.
IGL's share price has taken a beating at the stock exchanges.
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