The Delhi government is preparing to revise circle rates for agricultural land for the first time in 17 years, with draft proposals indicating an increase of up to eight times over existing rates, officials aware of the matter said on Tuesday. If cleared, the move could significantly alter land valuations across the Capital’s rural belt. […]
The Delhi Development Authority (DDA) on Tuesday launched a special housing scheme exclusively for serving and retired government employees, offering 1,168 newly constructed flats in Narela’s Pocket 9 on a first-come-first-served basis, officials aware of the matter said. The registration of flats will start from December 19 and can be done online, officials said. Narela […]
Golden Growth Fund (GGF), a Category II real estate focussed Alternative Investment Fund (AIF), said on December 15 it closed the second round of fundraising and deployed ₹58 crore to acquire two projects in Anand Niketan and Niti Bagh in south Delhi, with an estimated sales potential of ₹85 crore. Golden Growth Fund (GGF) has […]
The national capital’s air quality slipped into the ‘severe’ category on Saturday morning after wind speeds fell under the influence of a western disturbance, prompting the Commission for Air Quality Management (CAQM) in the National Capital Region (NCR) and adjoining areas to invoke Stage III of the Graded Response Action Plan (GRAP). The AQI was […]
The Delhi Development Authority (DDA) is preparing to float tenders for a four-storey “house-boat convention centre” which people can book in order to host meetings, conferences and dining events, officials aware of the plan said on Thursday. Located at Baansera, the convention centre will feature intricate handmade woodwork. (HT photo) The “convention facility” is being […]
The Delhi Transport Corporation’s (DTC) plan to redevelop its residential colonies in Shadipur and Hari Nagar into high-rise gated housing societies has been plunged into uncertainty, as the board decided to re-examine the financial feasibility of the projects, officials aware of the matter said. The projects are in Hari Nagar and Shadipur. (Representative photo) Both […]
Mt. K Kapital, a real estate investment management firm backed by Mumbai-based real estate developer Rustomjee Group, on November 27 said that it has raised a second fund of ₹4,000 crore. The fund is backed by strong General Partners (GPs) and Limited Partners (LPs), reflecting confidence in Mt. K Kapital’s team as well as performance […]
Luxury homes appreciated 40% across the top seven cities since 2022, and affordable housing appreciated by just 26% during the same period, ANAROCK India, a real estate consultancy firm, said in a report released on November 26. The highest appreciation in the luxury housing segment was reported in the Delhi NCR region, followed by the […]
Ashok Mittal, a South Delhi resident, has bought a property worth ₹65 crore in Delhi’s posh Sunder Nagar area, documents accessed by CRE Matrix, a real estate data analytics firm, showed. Ashok Mittal, a resident of South Delhi has bought two floors of a Sunder Nagar bungalow for ₹65 crore, according to documents shared by […]
AAP Rajya Sabha MP, Ashok Mittal, has bought a property worth ₹65 crore in Delhi’s posh Sunder Nagar area, documents accessed by CRE Matrix, a real estate data analytics firm, showed. AAP MP Ashok Mittal buys bungalow in tony Delhi locality for ₹65 crore. (Photo for representational purposes only) (Pixabay) The bungalow sits on an […]
