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DDA Published: Delhi Master Plan 2021 Amendments

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New Delhi: Delhi Development Authority has published the public notice for objections/suggestions to modify Delhi Master Plan 2021 Notice Published Date- 26-May-2018 Last Date-                      09-Jun- 2018 For more details log on to www.dda.org.in

Centre has to seek public opinion before amending Delhi Master Plan: Supreme Court

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The  Supreme Court  on Thursday refused to exempt Centre from seeking public opinion on its proposed amendments in Master Plan of Delhi-2021 and directed it to grant 15 days time to city’s residents to file their objections which were to be considered before taking final decision on bringing change in the plan. While vacating its stay on proposed amendments in master plan and granting green signal to Centre to proceed, a bench of Justices  Madan B Lokur  and Navin Sinha had on May 15 directed the government to give 15-days window period to general public to express their opinion and objections against the amendments. “The  Central Government  will first invite objections from the people which can be submitted within 15 days of the notification inviting objections. After that period of 15 days is over, the Government will meaningfully consider and address the objections and make necessary modifications, as deemed appropriate. The amendments may then be ...

Dwarka L-Zone

L Zone is the first product of Land Pooling Policy Delhi. Now the question is why anyone should look for product in L zone.  As per as my understanding and reading various documentary. This zone is going to be a super world class city. If I can list out few unique features of this is below. A) DDA has decided density of 250-300 persons per hectares. So you can imagine the green beauty. B) There are three high security existing development likes- BSP Camp in Chawla, CRPF Camp in Jharoda Kalana and Air Force Base in Dhansa. C) Out of 22979 hectares there will be residential development in 5344 hectares only. D) There will be two major forest reserve in this area one in Mitraon and another in Jainpur. E) There are existing Industrial area in Tikri Kalan and Whole Sale food grain market in Najafgarh. F) For the better provision of Water there will be water reservoir in 900 acres. There are many reasons to invest in L Zone. We should contact the author for better understanding. ...

Home buyers make a comeback

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The pent-up demand for housing is now getting converted into actual sales. While industry experts have been terming the scenario as buyers’ market for some time,  home buyers  themselves seem to have become more active now. The performance of some of the listed real estate companies in terms of  residential  sales over the past one year indicates that things are looking up. Lower  home loan  interest rates and the government’s impetus on  affordable housing  have played a key role in this. The government has supported the housing sector through affordable housing fund, lower Goods & Services Tax (GST) rates, increased tenure of loans under the Credit Linked Subsidy Scheme (CLSS) of  Pradhan Mantri Awas Yojana  (PMAY) and extended  income tax  benefits to apartments of carpet area of 645 sq ft. “Growth has been there in most parts of the country. There could be some pockets where the growth has been slightly slower tha...

DDA Land Pooling Policy- Smart City

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Real Estate Research: ET Wealth Survey 2018

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Recently a leading Newspaper has surveyed among the prospective Home Buyers of Delhi NCR and their key findings are followings: Reason for Buying a House :- Most buyers are motivated by the need for more space and savings on rent. What Motivates Buyer to Buy a House :- Most buyers are waiting for property prices to fall or their income to rise before they take the decision. How Much of Total Savings Will Buyers Put in the Down Payment :- One out of two home buyers is ready to pour more than 50% of of his total savings into the down payment. Key Factors That Buyers Consider while Buying:-  There are 3-4 key factors- Size of units, Price of property, Proximity to workplace and Amenities like Club House, GYM & open spaces.

World Class Exhibition Cum Convention Centre in Dwarka Sector-25

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New Delhi: World Class Exhibition Cum Convention Centre is coming up in Dwarka Sector-25, New Delhi. Features of this centre- 1. There will be big central hall to accommodate 10000 people at one go. 2. There will be 2 exhibition hall which will be built in 80000 sq mtr. 3. There will be many Hotels for guests. 4. First phase will be complete by 2019. 5. This center will be merely 3 km from IGI airport. Fore more details stay logged in............