Category: Delhi

Housing demand in India is up 7.3% year on year, while supply is up 6%.

October 29, 2022

NEW DELHI: According to the Magicbricks Proplndex report for Q3, 2022, aggregate demand (searches) in India’s top 13 cities increased 7.3% YoY (year on year), while cumulative supply (listings) increased 6.0% YoY. According to the report, aggregate demand and cumulative supply fell slightly year on year (quarter on quarter). Greater Noida, Gurugram, Bengaluru, and Mumbai […]

Housing demand in India is up 7.3% year on year, while supply is up 6%.more

In Delhi, a fine of Rs 32.4 lakh was imposed for failing to comply with dust regulations.

October 27, 2022

NEW DELHI: Authorities in Delhi issued 253 challans and fined user agencies a total of Rs 32.4 lakh for failing to comply with dust control standards, according to Environment Minister Gopal Rai. As of October 6, government officials had inspected 6,868 construction sites as part of the anti-dust campaign, according to the minister. “A total […]

In Delhi, a fine of Rs 32.4 lakh was imposed for failing to comply with dust regulations.more
Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

In the second quarter of FY23, ACC reported a net loss of Rs 87.32 crore.

October 18, 2022

NEW DELHI: In the second quarter of the fiscal year 2022–23, Adani Group’s building materials division, ACC, reported a net consolidated loss after tax of Rs 87.32 crore. According to a BSE filing, the company reported a profit after tax of Rs 450.21 crore in the previous fiscal’s corresponding quarter. In Q2 FY23, the company’s […]

In the second quarter of FY23, ACC reported a net loss of Rs 87.32 crore.more
Property Transfer

Indiabulls Commercial Credit Buys a Property in South Delhi for Rs 60 Crore.

October 15, 2022

IBCCL, a wholly owned subsidiary of Indiabulls Housing Finance Ltd. (IBHFL), has paid Rs 60 crore to Sheela Gehlot, wife of Ambience group promoter Raj Singh Gehlot, for four floors in Anand Lok in south Delhi. The house is situated on a 780-square-yard lot, with the first four floors being registered separately. According to documents […]

Indiabulls Commercial Credit Buys a Property in South Delhi for Rs 60 Crore.more
Home Loan

According to Colliers International, institutional investments in Indian real estate totaled $3.6 billion between January and September.

October 14, 2022

NEW DELHI: According to Colliers India, the NCR real estate market increased 2.5 times year on year to $754 million between January and September. From January to September this year, total investments in Indian real estate increased 18% to $3.6 billion, up from $3.03 billion in the same period last year. Inflows were led by […]

According to Colliers International, institutional investments in Indian real estate totaled $3.6 billion between January and September.more
Delhi High Court

The Delhi High Court has dismissed the ED’s ECIR against India Bulls Housing and Its Employees.

September 28, 2022

The high court also set aside the Lookout Circulars (LOC) issued against those employees in an order issued on Monday and stated that there would be no search, seizure, or summons arising from the Enforcement Case Information Report (ECIR). NEW DELHI: The Delhi High Court has quashed the Enforcement Directorate’s ECIR against India bulls Housing […]

The Delhi High Court has dismissed the ED’s ECIR against India Bulls Housing and Its Employees.more

The government is working to construct electric highways: Nitin Gadkari

September 12, 2022

NEW DELHI: Union road transport and highways minister Nitin Gadkari said on Monday that the government is working on developing solar-powered electric highways that will allow heavy-duty trucks and buses to be charged. At an event hosted by the Indo-American Chamber of Commerce (IACC), Gadkari reiterated the government’s desire to develop India’s public transportation system […]

The government is working to construct electric highways: Nitin Gadkarimore
Airport Plan

Tata Projects will construct Noida International Airport.

June 4, 2022

Tata Projects has been chosen by Yamuna International Airport (YIAPL) to handle the engineering, procurement, and construction (EPC) of Noida International Airport (NIA). The company was chosen from three qualified teams to build the airport’s terminal, runway, airside infrastructure, roadways, utilities, landside amenities, and other auxiliary buildings. According to Christoph Schnellmann, CEO of YIAPL, “Our […]

Tata Projects will construct Noida International Airport.more