Poll sop: Freehold rights in 45 resettlement Delhi colonies

Written by Jayanta Saturday, 21 September 2013

( 0 Votes )NEW DELHI: Seen as a poll sop, Delhi Government will grant freehold rights tomorrow to residents of 45 resettlement colonies which were developed almost 50 years ago. Chief Minister Sheila Dikshit said the certificates conferring freehold rights will be presented to a number of residents by Congress Vice President Rahul Gandhi at a function...

South Delhi’s property prices down by 20-35%, Defence Colony and Vasant Vihar worst hit by slowdown

Written by Jayanta Friday, 20 September 2013

( 0 Votes )NEW DELHI: Prices of homes in upscale South Delhi have dropped by 20 per cent-35 per cent over the last one year, with developers and cash-strapped investors offering big discounts to dispose off their assets in a slowing economy. Till about six months ago, discounts on new homes in the area were being offering only by developers facing...

Bawana colony to wait longer for rights

Written by Jayanta Friday, 20 September 2013

( 0 Votes )NEW DELHI: Relocated from a slum in Saraswati Vihar in 2006, Saroj Devi now camps in a tattered makeshift jhuggi (hutment) in a vacant plot at the Bawana resettlement colony in northwest Delhi. Despite the sub-human conditions in most lanes, around 60 families wait in desperation for their allotment slips promised during the relocation. There are...

Men posing as DDA staffers held for prime plot fraud

Written by Jayanta Thursday, 19 September 2013

( 0 Votes )NEW DELHI: Two employees of Delhi Development Authority have been detained and four men posing as DDA staff arrested for duping people of crores on the pretext of selling them prime plots in the city. The victims were allegedly sold plots under the Nazrul Act, which lets DDA sell land at subsidized rates to private educational institutions and...