New DDA Scheme May be delayed due to polls

Written by Jayanta Monday, 27 January 2014

( 0 Votes )New Delhi: The upcoming Lok Sabha elections might prove to be a dampener for those dreaming of owning an affordable house in Delhi. The Delhi Development Authority (DDA) had announced last month that it will launch a new housing scheme in 2014. For most Delhiites, DDA’s housing schemes are the only chance of owning a house in the Capital at a...

Tatas plan ` 130 crore luxury villas in heart of Delhi

Written by Jayanta Thursday, 23 January 2014

( 0 Votes )New Delhi: Tata Housing, the real estate arm of the Tata Group, is planning to develop ultra-luxury residential villas in the heart Lutyens Delhi. Each villa will cost ` 130-170 crore. The villas will be developed on the 1.3 acre plot of land, at Hailey Road near Connaught Place, which the company had bought in 2012 for ` 250 crore, sources said....

Expressway ‘solution’ within a week?

Written by Jayanta Thursday, 23 January 2014

( 0 Votes )NEW DELHI: Infrastructure Development Finance Company, the lead financier of the Delhi-Gurgaon expressway, has claimed a solution to the highway project will be found in the next seven days when it submits its final proposal before the Delhi high court. That solution, government sources said, could finally pave the way for the removal of the toll...

New DDA chief eased land row

Written by Jayanta Tuesday, 21 January 2014

( 0 Votes )NOIDA: Balwinder Kumar, the IAS officer who steered the Noida Authority through the land acquisition crisis two years ago, has been appointed vice-chairman of Delhi Development Authority. Kumar will take the reins from D Diptivilasa. Before his appointment, Kumar was development commissioner with the Union textiles ministry. A 1981-batch IAS...