News articles tagged Delhi

Lutyens' Delhi Icon Sells for Record 241 Crore in India's Priciest Real Estate Deal

Kusum Ansal sells iconic Lutyens' Delhi bungalow to Gujarat-based Yatah Enterprises for ₹241 crore, setting India's real estate price record at ₹2L/sq ft with ₹17.56 crore in taxes.

The Growing Potential of SM REITs in India

India's Small and Medium Real Estate Investment Trusts (SM REITs) market is booming, projected to reach $60 billion by 2026. Key cities like Mumbai and Delhi are driving growth, offering stable returns and attracting investors.

Learn about the Delhi-Alwar RRTS route map, stations, important information, and most recent updates in 2024

The Delhi-Alwar RRTS, a 164 km rapid transit system, is under construction to link Delhi with nearby cities. It aims to significantly reduce travel time and enhance connectivity.

Map, route, cost, completion date, and most recent updates for the Delhi-Amritsar-Katra Expressway

The Delhi-Amritsar-Katra Expressway, connecting key religious sites, is set to open by December 2025. This 670 km expressway will significantly reduce travel time and boost tourism and real estate in the region.

The rising number of high-rises in Delhi

Delhi's skyline transformation is fueled by luxury high-rise apartments, driven by renowned developers responding to rising demand for modern amenities and increasing population density.

Real estate employment skyrockets

Construction and real estate hiring in India surged 86% between March 2023 and 2024, with Delhi, Bangalore, and Mumbai leading the demand, according to Indeed.

Hiring in real estate and construction surges by 86%; Delhi, Bengaluru, and Mumbai lead: report

The construction and real estate sector witnessed an 86% surge in employment between March 2023-24, with Delhi, Bengaluru, and Mumbai leading hiring activity.

According to a survey, Indian home prices will rise by 7% amidst the surge in luxury real estate.

Indian home prices are projected to rise by 7% this year and next, driven by luxury real estate demand. The affordable housing gap remains a concern despite interest rate hikes by the Reserve Bank of India.

Devastation Descended upon Noida as Real Estate Tycoon Pawan Bhadana's death rattles Sector 93

Pawan Bhadana, renowned real estate tycoon, was found dead in his Noida home, sparking discussions on mental health support within high-stress industries.

The Extended Deadline for Delhi MCD Property Tax Geo-tagging: Everything You Need to Know

Delhi MCD extends property tax geotagging deadline to Feb 29, 2024. Residents can get a 10% tax rebate for self-geotagging before the deadline. This initiative aims to improve urban planning and revenue collection.

The Center forbids using BS 3 and 4 vehicles in Delhi and forbids non-essential construction activities.

Delhi's air quality crisis has led to a ban on non-essential construction in the NCR. This decision impacts ongoing projects and vehicle regulations amidst severe pollution levels.

YashoBhoomi: India’s revolutionary breakthrough in the conference, tourism, and real estate sectors

Prime Minister Modi inaugurated Yashobhoomi, India's largest convention center, in Dwarka, Delhi, aiming to boost the nation's conference tourism and real estate.

Delhi should immediately outlaw any non-essential projects.

Due to worsening air quality, Delhi has enacted GRAP-3, banning non-essential construction. This action may significantly delay the 4.5 lakh residential units under construction in Delhi NCR.

Delhi Government cuts Circle Rate up to 20%- A Boost to Real Estate?

The Delhi Government has cut circle rates by 20% across all property categories for six months to stimulate the struggling real estate market post-pandemic.

Centre Rewards Registry Papers to 20 Inhabitants Of Unapproved Settlements In Delhi

Housing Ministry hands over conveyance deeds to 20 Delhi residents in Raja Vihar & Suraj Park, under PM-UDAY scheme, benefiting 40 lakh residents by regularizing illicit settlements.

Bangalore is costliest Indian city to live in.

Bangalore surpasses Mumbai as India's most expensive city, according to RBI's CPI. High living costs attributed to the IT industry and inflated prices of essential goods.

Affordable Housing, a priority for real estate

India's affordable housing schemes gain infrastructural status, boosting demand and lowering costs for builders and homebuyers alike.

5 reason you should buy a property in Noida

Noida's real estate market is booming due to affordability, infrastructure, reputable developers, anti-forgery rules, and connectivity.

Greater Noida real estate to work more on affordable housing

The new Union bill enhances transparency in Greater Noida's real estate, empowering homebuyers while addressing builders' concerns amidst rising demand for affordable housing.

Centre has sanctioned Rs 658 crore to Delhi for 5 infrastructure projects

The Urban Development Ministry has greenlit Rs 658 crore for five key infrastructure projects in Delhi, including a significant flyover and an underpass near IGI Airport.

Civic Body of South Delhi permitted 180 building plans in 2 months

SDMC approves 180 building plans in 2 months after digitizing and simplifying the approval process, leading to increased rule compliance and reduced corruption.

Connaught Place of Delhi is 7th most Expensive Destination

Connaught Place in Delhi slips to the 7th most expensive office market globally, according to CBRE. Hong Kong retains the top spot in the rankings.

Delhi's Khan market most expensive retail location

Khan Market in Delhi is now India's priciest retail space, with low rental growth, lagging behind Mumbai's Linking Road, as retail demand remains stable.

DDA halts construction on Yamuna bed

Despite DDA's order and NGT's intervention, illegal constructions continue in Yamuna floodplains, fueled by pre-election promises and ongoing property transactions.

Most Delhi structures are not quake resistance

Delhi is highly vulnerable to earthquakes, falling under seismic level IV. Many buildings lack proper safety codes, raising concerns about the readiness to handle a severe quake.