Tag: Delhi-NCR

Latest StoriesResidential

Delhi: DUSIB to Remove Encroachments, Build Housing for Slum Dwellers

NEW DELHI: The Delhi Urban Shelter Improvement Board (DUSIB) is exploring various strategies to provide housing for the city’s slum dwellers. To this end, they will conduct a survey of the land they oversee and detect any encroachments. In a recent meeting, the DUSIB CEO instructed officials to map jhuggi jhopri clusters located on the agency’s properties and determine the extent of encroachment by each cluster, along with the number of families residing there. DUSIB engineers have been directed to deliver the report as soon as possible. An official noted that the current government has issued stringent guidelines to all…

Latest StoriesRegulatory

Delhi HC notices police on Gopal Ansal’s FIR quashing plea

NEW DELHI: The Delhi High Court issued a notice to police on Monday regarding a petition filed by real estate mogul Gopal Ansal, who seeks to quash an FIR against him related to a cheating case stemming from the Uphaar fire tragedy. The FIR was prompted by a complaint from a buyer of land within a project managed by Ansal Buildwell Limited. Justice Amit Mahajan requested a status report from Delhi Police, with the hearing set for September 10. The High Court further instructed the state not to take coercive actions against the petitioner until the next hearing date. A…

Latest StoriesRegulatory

Delhi civic body holds 1,800+ tax camps for amnesty scheme

NEW DELHI: The MCD has launched 1,862 property tax camps across its 12 zones to help property owners file their taxes and take advantage of the Property Tax Amnesty Scheme introduced in May. As per MCD officials, over 48,546 taxpayers have benefited from these camps so far. The civic authority plans to conduct more camps in the coming days to further extend the advantages of the Property Tax Amnesty Scheme for 2025-26 and the Sumpattikar Niptaan Yojana (SUNIYO). Taxpayers or Resident Welfare Associations (RWAs) can contact their zonal offices to request a camp in their locality. “We have successfully conducted…

Latest StoriesRegulatory

Delhi Consumer Commission Finds DLF Gayatri Developers Liable

NEW DELHI: The Delhi State Consumer Disputes Redressal Commission has ruled that DLF Gayatri Developers is responsible for the delays in their housing project and for retaining the complainant’s funds for an extended period. The panel, headed by presiding member Bimla Kumari, ordered a refund of ₹15 lakh along with compensation for mental distress and legal costs totaling ₹1.5 lakh. The commission noted that the company had no right to utilize or withhold the complainant’s money, underscoring that the developer was obligated to secure labor for project completion. The commission observed that the complainant had paid approximately 75% of the…

InfrastructureLatest Stories

85 of 730 Illegal Structures Cleared in Faridabad’s Aravalis

GURUGRAM: In Faridabad, of the 730 forest areas protected under Section 4 of the Punjab Land Preservation Act (PLPA), about 85 have been cleared of encroachments. “Demolition drives began on June 11, targeting 85 locations identified during the survey,” stated a senior forest official. The PLPA prohibits construction, encroachment, and tree felling in these forest areas. “We are now focusing on larger structures like farmhouses. We’ve encountered resistance at certain sites, leading to two FIRs against individuals for damaging machinery and causing injuries,” he added. The Supreme Court, in its July 2022 ruling, mandated that all Aravali land protected under…

Latest StoriesRegulatory

Delhi HC: Rent Control Act is Outdated Legislation

NEW DELHI: The Delhi High Court has described the Delhi Rent Control Act as an “outdated law,” criticizing its “severe” misuse that has left property owners in distress as affluent tenants “unfairly occupy properties for decades.” Justice Anup Jairam Bhambani was reviewing petitions challenging the 2013 decisions of the Additional Rent Controller (ARC), which had denied eviction petitions from property owners based in the UK and Dubai in Sadar Bazar, siding with the tenants. “This court must note that while managing the Rent Control Roster, it has uncovered numerous instances of wealthy tenants, enjoying financial stability, unjustly residing in properties…

IndustryLatest Stories

NCR Sees 7.2M Sq Ft Office Leasing in H1 2025

NEW DELHI: The National Capital Region (NCR) has outshined other Indian cities in both commercial and residential real estate during the first half of 2025, achieving a record 7.2 million sq ft of office space leased and a significant increase in ultra-luxury home sales, as reported by Knight Frank India. Office Market: Record Leasing Momentum in NCR NCR’s office leasing rose by 27% year-on-year, reaching an unprecedented high and signaling the region’s growing status as a commercial hub. Gurugram, recognized as NCR’s corporate focal point, represented a remarkable 65% of total office leasing, a notable increase of 900 basis points…

Latest StoriesResidential

Half of Homes Sold in H1 2025 Exceeded ₹1 Crore

NEW DELHI: The premium housing sector has taken the lead in India’s residential real estate market during the first half of 2025, with nearly 50% of homes sold exceeding ₹1 crore. A report by Knight Frank India indicates that 49% of the 1.7 lakh housing units sold across the top eight cities from January to June 2025 were in this premium category, despite a slight year-on-year dip of 2% in overall housing sales. This trend highlights a shift in buyer preferences due to limited supply of affordable housing and an increase in demand from mid-to-high-income buyers. The National Capital Region…

Latest StoriesResidential

DDA to Auction Residential Plots in South Delhi

Representative Image NEW DELHI: The Delhi Development Authority (DDA) has formulated a plan to auction residential plots in prime areas. Shifting focus from flatted development, the DDA has initiated steps to engage a specialized firm for demarcating 118 plots in D6 Vasant Kunj, located in south Delhi. The DDA has issued a tender notice to select an experienced agency to carry out the demarcation, as well as to develop necessary infrastructure like roads, stormwater drains, and pipelines for water supply and sewerage. An official stated, “The goal is to prepare the site for e-auction.” Additionally, the authority has identified areas…