DDA told to pay up 3L for faulty flat

Written by Jayanta Sunday, 03 November 2013

( 0 Votes )Given 3 Mths To Fix Defects New Delhi: Pulling up Delhi Development Authority (DDA) for handing over a flat having structural defects, the national consumer court has asked the authority to pay Rs 3 lakh to the flat owner. The court also directed DDA to fix the structural defects in three months. DDA shall restore the flat/structure allotted to...

Delhi NCR residential property: Festive season update

Written by Jayanta Saturday, 26 October 2013

( 0 Votes )Over the last two quarters, the residential property market in south Delhi has shown only marginal appreciation in capital values and rentals. This could have more to do with the recent upward revision in circle rates in various zones than any other factor. Supply and demand dynamics in south Delhi have been more or less constant, and the revision...

DDA, UP told to clarify floodplain policies

Written by Jayanta Saturday, 26 October 2013

( 0 Votes )Noida: The National Green Tribunal on Wednesday directed government authorities in Delhi, Haryana and UP to clarify the basis on which they carve exceptions for construction activities on the floodplain areas of rivers. Clarifications were sought after authorities submitted a reply that exceptions have been granted for construction of certain...

Shabby maintenance, lack of amenities irk buyers of CWG flats

Written by Jayanta Wednesday, 23 October 2013

( 0 Votes )NEW DELHI: They were touted as India’s most sought-after apartments — a riverfront view, Olympic sports facilities, and top businessmen, politicians and celebrities for neighbours, but the Commonwealth Games Village has just been a bag of worries for the apartment owners. Somit Makar, an investment banker-turned-executive search firm owner, paid ov...