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Delhi’s drainage system to be redrawn as per new Masterplan
Source: Indian Express
Dated: 30th June 2011

As grievances about waterlogging fill up the complaint books of the Municipal Corporation of Delhi (MCD) year after year, there may yet be some hope left for the future. With every monsoon leading to flooding of roads, the Delhi government is now working on a Masterplan for the drainage system of the city. Under the scheme, the crumbling drainage system in the Capital, which is almost 35 years old, will be revamped.

The civic body will closely work with the Delhi government to revamp the drainage system and ensure uninterrupted flow in drains. Keeping in mind the future requirement of Delhi, a few new drains may also be constructed, said MCD Commissioner K S Mehra. The Standing Committee was informed about the initiative by the government on Wednesday, by Mehra.

“While the city has grown, the drainage system remains the same, leading to waterlogging. In some cases, lines do not have proper outlet and so things worsen. In other cases, storm water and sewer drains settle together. The government is preparing a Masterplan for refurbishment and improvement of the drainage system of Delhi,” he said.

The drainage system laid in 1976 was prepared by the Masterplan Organisation set up by the Irrigation and Flood Control Department during 1972-1976 (finalised in 1977). The Plan had taken into account the urbanisation limits up to 1981.

Since then the Masterplan for water drainage of Delhi has not been updated.

A senior official of Flood and Irrigation Department (the nodal agency for preparation and execution of Masterplan) of the Delhi government said a consultant will study the situation and submit its findings, after which the entire plan will be chalked out. “Considering how vast the city is, there is a lot of work to be done. Many drains will have to be repaired and new drains will have to be created,” said the official.

 

Chandni Chowk revamp from July
Source: Times of India
Dated: 23rd June 2011

NEW DELHI: The Municipal Corporation of Delhi (MCD) is expected to start work on the Chandni Chowk redevelopment plan from July. With Shahjahanabad Redevelopment Board agreeing to pay Rs 12 crore for the project, MCD officials are hopeful that the process of decongesting the area will be completed soon. In the first phase, all the services such as overhead electric cables and telephone lines will be laid underground.

“The Shahjahanabad board has agreed to pay Rs 12 crore. A final decision on the project will be taken in a meeting on June 24. We are hopeful that the work will start by June-end or first week of July. Once the board approves the fund, we will pay BSES Yamuna the money to start laying electric cables underground,” said a senior official.

According to MCD official, BSES was asking for Rs 45 crore to shift the services. “But we can’t pay such a big amount as the total cost of the project is Rs 19 crore. But it is important to shift the cables underground to widen the road,” said an MCD official.

 

Delhi to permit Farm houses in One Acre
Nancy Singh

The existing farm house dwellers, as well as the aspiring ones would soon be able to live in more serene, green and personalized settings. It is learnt that the Delhi administration is seriously contemplating allowing farm house living to be allowed on a one

Heliport to be build soon in Zone-M of Delhi in Rohini

date: 4th June 09

LG of Delhi Mr. Tejinder Khanna has given green signal to DDA to change the land use for common wealth games Heliport project in Rohini. The work is expected to start soon.

This indicates the progress work going on on Master Plan of Delhi-2021.

 

 

South Asian University In South Delhi soon

Moving towards the setting up of another world class University in Delhi, the DDA has already started putting the wheels in motion.

In a public notice dated 11.04.09, the DDA has proposed modification of the Delhi master plan 2021 document, and has invited suggestions and objections. The DDA communiqué says-
” It is proposed to change the land use of an area measuring 100 acres of Land for South Asian University near Village Maidan Garhi, Zone “J” (South Delhi-II) bounded by proposed 100 metres wide road as per draft ZDP, IGNOU in the North, Asola wildlife sanctuary in the east, Village Rajpur Khurd in the west and DDA land in the south from agriculture and water body (rural / Urbanisable are to public and semi public facilities)

This clearly establishes two facts, as far as the readers are concerned.
First, there is tremendous progress on the various infrastructure related plans under the Delhi Master plan 2021. If the land identified for the South Asian University is adjoining the 100 metre road, and the DDA has advertised the fact, it is a clear indicator that the ground level markings on the path of the road have already been determined, and it is just a matter of time before work would commence on the same.
Secondly, if special notifications regarding the change of land use aren’t waiting for the notification of the entire MPD 2021 document, there is a fair bit of behind the scene work under progress. To our best estimate, there are more than 100 notifications being issued in the last 100 days. Isn’t that an indicator to the progress?

In the words of Ajay Dabas, Founding Director of Certes realty-“The proposed setting up of the University is indeed a very welcome sign. I am more enthused about the DDA announcing the exact coordinates of the land, esp. about their announcement of the 100 metre road linking the four NHs – NH-1, NH-10, NH-8 & NH-2.”

Ramesh Menon of Certes Realty brought in another dimension to the announcement. Per him, the recent problems faced by the Indian students migrating to Australia and other foreign universities can be resolved by creating world class institutions in India. He says-“The government releasing large tracts of land and showing clear signs of firm intent are indeed welcome. If we can release the land from the clutches of archaic rules and dharnas, protest, vested interests, India can create the next generation human resources in India itself.”

The time bound announcements and progress towards developing “Delhi into a world class Megapolis” is being keenly watched.

NBCC set to trigger price war

GOVT-OWNED DEVELOPER TO OFFER 30-50% CHEAPER FLATS

Source: ET dated 28th May 09

In a move that could trigger deep cuts in housing prices across the metros, government-owned construction firm National Building Construction Corporation (NBCC) has decided to offer flats at prices much below the current market prices offered by private developers. The prices are expected to be 30-50% lower than the prevailing prices offered by commercial developers.

More than 40,000 flats will be constructed by NBCC in the national capital region in the next three years. While 50% of the flats will be reserved for government employees, the other half will be available for the general public.

“We will be building 40,000 flats over the next three years in the NCR itself. Due to the phenomenal response attracted by our pilot project in Gurgaon, we have decided to scale up our operations in the metros. We had only 800 flats for sale and received more than 20, 000 applications,” said NBCC CMD Arup Roy Chowdhury.

These 800 flats, priced at Rs 1,978 per sq ft in Gurgaon, cost around Rs 30 lakh each. With these flats hitting the markets, prices in the real estate sector are expected to fall further.

NBCC is also trying to bring clarity into the way in which super built-up area is calculated. “There is a lot of ambiguity regarding the way in which different developers calculate the super built-up area. This creates difficulties for home buyers. We will set a precedent here and will bring in transparency,” said Mr Roy.

Super built-up area refers to the entire carpet area along with the thickness of the external walls of the apartment or a commercial unit along with the balconies and other common areas like corridors, staircase, lift room, motor room, security room, meeting hall, gymnasium and an area reserved for indoor games.

“There is still room for correction in real estate prices and even after selling the flats at a discount to the prevailing market prices, we will be posting healthy profits. Our flats will offer all the amenities that the commercial developers are offering at the discounted price,” said Mr Roy.

 

link: http://www.mydigitalfc.com/real-estate/smaller-cheaper-houses-suit-your-pocket-427

Developers Exiting Hospitality assets

Source: Financial Chronicle
Date: 23rd April 09

DLF, Omaxe, Unitech and Parsvnath have put ambitious hotel projects on the block but prospective buyers find valuations too high Hotels are being sold to generate cash and improve bottom lines, which have been dented by the slowdown

A copple of years ago the key words for a developer were ‘acquisition’ and ‘project launch’; today, they are ‘cash crunch’ and ‘distress sales’.

Following the prolonged economic slowdown, more and more developers are selling assets that require huge investments and have long gestation period. Most of these are hotels and huge commercial projects. Realty biggies such as DLF, Unitech and Parsvnath have put their hotel projects on the block. They also want to surrender special economic zones (SEZs). The exercise is to generate cash and improve finances, which have taken a severe hit under present market conditions.

Against this backdrop, a million-dollar question that remains unanswered, is, who will buy these mega-projects and will the valuation offered be acceptable to the developer? In fact, many hotel projects, which were earlier looked upon as money-spinners, now seem to have fallen from grace.

Consider this: Real estate company DLF has scaled down its plans to build hotels and is, in fact, selling smaller hotels or land earmarked for the construction of hotels in several cities. Unitech is planning to sell its hotels in Noida and Kolkata over the next few months.

Parsvnath Developers, which had aggressive plans to open 100 hotels in seven years is now in talks with several HNIs (high net worth individuals) to sell its hotel properties. Parsvnath has put on hold its plans to buy land for the hotel projects.

Developers are desperate to sell them but are unable to find suitable buyers. That there is a shortage of hotel rooms in the country is well known, but equally important is the fact that hotels give profits only after completion and require huge capital investment.

In fact, the recent sale of The Courtyard, Unitech’s hotel in Gurgaon, is a case in point. While the company was expecting Rs 325-350 crore for the hotel, it got a much lower Rs 230 crore. Realty analysts have pointed out that Unitech has not been able to dispose of its Saket office in New Delhi. The developer is expecting Rs 750 crore for the commercial property but suitors are unwilling to offer that kind of sum.

A fair valuation should take into account three important factors – cost of land, cost incurred towards approvals and projected cash flow.

Says Ramesh Menon, founder-director of Gurgaon based consultancy Certes Realty, “The valuations and investments in hospitality projects are based on revenue and cash flows projected over a 5 to 7-year frame. Those numbers are being furiously recalibrated downwards from the assumptions of pre-2008.” Menon further adds that most hotel operators are revising the average room tariff per night and the occupancy rates downwards, which have hit the valuations expected by developers. In fact, industry observers claim that most hotel chains have been passing through tough times, wherein their occupancies have fallen by 58 per cent in January 2009 and the average room rates dropped by 14 per cent. The same developers, who earlier were quite aggressive about land acquisitions and raising funds now seem to scurrying for cover when their projects are being stalled for want of funds.

Says Anuj Puri, chairman of global real estate consultancy Jones Lang LaSalle Meghraj, “Developers had made their expansion plans with an eye on the booming economy and the ease with which they could generate funds for their projects. In fact, nobody had predicted that slowdown would come so soon and so sharp.” A developer needs to exit from unviable projects, he adds. Agrees Menon, “Projects, which do not generate cash flow during the construction phase would be the first to be exited.

Hospitality projects announced by developers, either standalone or as part of larger development plan, would be sacrificed as they are capital intensive, and would not deliver cash flows for construction and development.

Also, most of these assets would have been capitalised, based on an inflated revenue assumption earlier. Those assumptions are no longer relevant.” Menon adds that a residential project would still move forward depending on the projected demand and consumer interest in the particular locality and the project.

A real estate consultant, who has been brokering on one of the high-ticket deals, told FC Estate, on condition of anonymity, “It’s really tough to find buyers in the present market as people are extremely wary of project valuations.

The price offered by HNIs who show interest in buying a project, is in most cases, unacceptable to the developer.” He adds that developers are still expecting boom-time valuations for their projects, which seem highly improbable in the present scenario.

Online link: http://e.mydigitalfc.com/DCF/DCF/2009/04/23/ArticleHtmls/23_04_2009_121_002.shtml?Mode=1

RIL, Citigroup, HDFC, Philips move out of CP, Delhi

Source: Financial Chronicle
13th April 09

Slowdown has another victim. An area that was once the address to flaunt on your business card is now struggling to attract business. New Delhi’s central business district, Connaught Place (CP), is seeing an exodus.

Companies are leaving CP for cheaper destinations such as Gurgaon and Noida, blaming high rentals and poor upkeep of the buildings. Plus, the buildings in the two satellite towns are swankier and provide better facilities than those in CP. Though, rents have crashed by nearly half over the past one year, from Rs 250-325 per sq ft to Rs 130-175 per sq ft, there are few takers.

Cost-cutting has lead to companies such as Reliance Industries, Gulf Air, Philips, Air Sahara, Parsvnath Developers, Citigroup and HDFC, shifting to satellite cities in the NCR (national capital region). Says spokesperson for Delhi-based Parsvnath Developers, which vacated its office in Vijaya House at Barakhamba Road, “This is one of the cost cutting measures adopted to tide over the economic crisis.”
Property brokers, however, put on a brave face in public, for the fear of hurting their business. “Huge office spaces, which a couple of years ago used to be booked in advance, are lying vacant,” says a real estate consultant. Real estate consultancy firm Cushman & Wakefield (C&W) estimates that of the 45 lakh sq ft office space available in 27 high-rise buildings in CP, nearly 2.25 lakh sqft is lying vacant.
Says Anuj Puri, chairman Jones Lang LaSalle Meghraj (JLLM), a real estate consultancy firm, “A company may have a token presence in CP, but going by financial rationality, a bigger office in suburbs makes more sense. But many companies may still want to have a branch office in CP given its snob value.”

Agrees Sanjay Verma, managing director of C&W, “Companies want to optimise costs, of which, rentals are an important component.”
Consider this: A swanky office in Gurgaon and Noida commands an average monthly rental of Rs 50 per sq ft, just a third of the average rental in CP. Even the monthly maintenance charges are a pittance compared to CP, an average of Rs 5 per sq ft versus Rs 15-20 per sq ft per month. Says S Nagarajan, vice-president (HR) of Philips, “The monthly rental bill has come down by a huge amount.” The company shifted from Ambadeep Building in CP to DLF Cyber City in Gurgaon as it needed a bigger office.

Agrees a senior RIL executive, “Though our main office stays put at Barakhamba Road in CP, we are shifting several branch offices to Noida and Gurgaon. We are not only saving on rent but also getting better quality buildings.”
Interestingly, the space owners in Connaught Place are still holding on to rentals. When contacted, they downplayed the vacancy issue and dismissed it as an effect of the slowdown.

Cautions Ramesh Menon, founding director of Gurgaon-based real estate consultancy Certes Realty, “Its only the snob value of CP and its central location in the NCR, which drives a company to set base. Most of the buildings in CP are no match to those in Gurgaon, Noida or newer Delhi localities like Jasola.” In fact, Rs 70 per sq ft per month is the right rent for CP, he says.

Gurgaon, Mumbai residential mkts likely to see oversupply

Source: Economic Times
12th April 09

The residential sector, which has already seen a 15-20% price correction in markets across the country this year, is going to witness a significant residential supply over the next 12 to 18 months in two key markets Mumbai and Gurgaon (NCR). The direct implication of the over supply will be that the rentals will come down drastically which could lead to a further price correction over a prolonged period of time (one to two years).

Says Niranjan Hiranandani, MD, Hiranandani Developers: “There is no over supply in the Mumbai market. In last one month there has been a good sale of apartment as far as Mumbai market goes. There was a short phase and thing are changing. There has been softening of prices, but things will look up from May onwards. This is all a temporary slowdown and the market will pick up.”
Morgan Stanley Research Asia Pacific reveals that in the next few months mid Mumbai micro market will get six to seven lakh million sq ft of residential space as compared to negligible delivery over the last couple of years. In fact the Mumbai market has seen a 50% rental correction in prime areas from Rs 2 lakh for a three BHK in 3Q 2008 to Rs 1.1 lakh now. Rohtas Goel CMD, Omaxe Group & president Naredco said: “The low sentiments majority of buyers are in wait and watch policy. After the recent price cut by the developers by squeezing their margins to the minimum level and interest rate cut by banks, we don’t foresee any further price correction in the real estate.”
In fact, in many markets, the level of transactions have gone down drastically, which has resulted in this dip. This is also because residential capital values in some micro markets in the metros have shown a negative growth in the last one quarter.
Says Santhosh Kumar, deputy CEO of Jones Lang LaSalle Meghraj (JLLM): “In the current real estate scenario, what is being observed is a stabilization of select markets. A consistent upswing is not possible in any market. When a large level of supply is in the offering. Real estate markets have observed high growth levels in the recent past. However, in certain areas, market stabilization has been observed. This indicates that there are not many buyers for the prices quoted for various real estate typologies at this point of time.”

In various markets, despite a slowdown in demand, essentially from the end-user and speculative investors, developers have refrained from reducing rates. But both in Mumbai and Gurgoan now developers are offering 25% to 30% discount on the market rate. Sales in secondary markets have also taken a beating with very few transactions taking place at relatively lower price points than market expectations.

Country has 25 million housing shortage: Government

February 27, 2009
The total shortage of housing in the country is 24.71 million, the government has said quoting reports of a study.

“According to the estimates made by the Technical Group constituted by the Ministry for assessment of Urban Housing shortage at the end of the Tenth Five Year Plan, the total housing shortage in the country is 24.71 million,” Union Minister for Housing and Urban Poverty Alleviation Kumari Selja informed Rajya Sabha in a written reply to a question.

Underling that it is “primarily” the responsibility of state governments to provide for adequate shelter, Selja said, “Union Government, however, has formulated the first urban area-focused National Urban Housing and habitat Policy 2007 to set in motion a process to provide affordable housing for all, particularly economically weaker sections and low income groups.”

The policy intends to promote sustainable development of habitat in the country with a view to ensure equitable supply of land, shelter and services at affordable prices to all sections of society, the minister said.

On the action taken by the government to construct more houses for the poor, she informed the House that a new scheme has been launched for providing interest subsidy to make housing affordable and within the repaying capacity of the economically weaker section and low income group.

“The scheme encourages the poor sections to avail of loan facilities through commercial banks or housing finance companies for the purpose of construction or acquisition of houses and avail five per cent subsidy in interest payment,” Selja added.

Apart from this, the minister said Jawaharlal Nehru National Urban Renewal Mission (JNNURM) has been catering to the needs of housing and basic services to urban people in 63 specified cities under the Sub Mission Basic Services to the Urban Poor programme and in other cities under the Integrated Housing and Slum Development programme.

News item published in Realty Plus Magazine

Floor-wise registration likely to increase property prices in Haryana

February 09, 2009

Real estate business is likely to take off again in Haryana following the state government decision to allow floor-wise registration of the houses falling under municipal limits, Huda sectors and Town and Country Planning licensed areas.

Besides making people in Gurgaon, Faridabad and Panchkula the legal owners of their part of the house, the move will also help the state earn revenue of around Rs 200 crore annually as additional stamp duty.

Property owners and those in real estate business say that the move would give a new push to property prices. They opine that property prices had peaked in Chandigarh after the government allowed floor-wise registration of houses.

State finance minister Birender Singh informed a decision has been taken in a high-level meeting held recently under the chairmanship of chief minister Bhupinder Singh Hooda to allow vertical division of houses and plots.

Singh said it would be applicable only to the residential units in authorised areas and vertical divisions of plots and increase in floor area ratio would not be allowed.

In the existing sectors and areas the size of plots on which floors are proposed to be registered independently should not be less than 180 square yards, Singh added.

Singh said that in addition to the normal stamp duty, 1 per cent extra stamp duty would have to be paid by the party desirous of registering the floor-wise dwelling units through a separate challan. This additional stamp duty would be paid by the treasury to the municipal committee and Huda.

The minister said registration of floors could also be done in case of plots, which are yet to be constructed and there would be no restriction on the size of plots that could have multiple owners floor-wise.

For new sectors, Huda could devise rules and license fees keeping in view this decision. Singh directed to expeditiously carry out any changes required in the existing rules and regulations of HUDA and Town and Country Planning Department to make the decision legal.

Rajesh Oberoi, a leading real estate agent of Panchkula told FE that the step coupled with Union government move to revive the economy by ensuring cheaper loans for homes has brought smiles back on the faces of people. He said that developers in Haryana State are expecting brisk business in the coming days.

Ram Nath Pradeep, executive director of Central Bank of India who was here recently told FE that banks were flush with funds and there was no truth in rumours that banks were not extending finance to developers.

Pradeep said that infrastructure development was a focus area for the Bank. Kewal Vashisht another banker said that the demand for home loans are likely to increase by 20 to 25 per cent now as queries for home loans have already started pouring in.

Avinash Jain, of Avin Properties said, “Real Estate business would pick up as home loans are going to be cheaper and buyers who had disappeared from the market in view of slowdown would come back”.

MCD extends benefit of liberalised building norms to Lal Dora
As per news published in the media:

The Municipal Corporation of Delhi said it has extended the benefit of liberalised building norms to the Lal Dora and extended Lal Dora areas in the capital in keeping with the Master Plan-2021.

“Since MPD-2021 has revised the development control norms for residential plotted development, MCD has extended the benefit of liberalised norms to the areas falling within Lal Dora and extended Lal Dora,” MCD Standing Committee Chairman Vijender Gupta said.

He said now a building, residential in character, and not exceeding 15 metres in height and owned by the original resident of the village or his descendant is permitted to have ground coverage, floor area ratio and dwelling units as per the revised norms.

The Chairman said any other building in Lal Dora or extended Lal Dora area will require prior approval and sanction of the building plans from the MCD.

The Lal Dora areas are the localities falling in between the village and urban areas of Delhi.

Govt. asked DDA to build 40,000 houses every year

DDA first built flats in 1967, since then it has sold just about 4 lacs flats. More than 5 Lacs applications were received for just 5000 falts. Delhi’s housing shortage is projected to touch 24 lacs units by 2021, Looking at the shortage, DDA is asked by center to make budgetary provisions for that and construct 40,000 houses a year, starting next year.

Higher Education Institutes permitted on Lal Dora Land

New Delhi: In a recent declaration made by Delhi’s Chief Minister Sheila Dikshit stated that all the academic institutions operating in “lal dora” land will be allowed to operate in the coming academic session 2008-09.

She made this public on Monday saying that, “Perspective plan for technical education”. The government was committed to facilitate continuation of the existing higher educational institutions, which were passing out approved courses from “lal dora” (delhi) and other non-confronting areas. Moreover, the Government has given approval to increase in intake of students as well as introducing new courses.

Other higher institutions benefiting from this decision of her’s are Guru Gobind Singh Indraprastha University, 13 institutions currently functioning in lal dora land including those in rented premises and seven diploma level institutions running under the Directorate of Training and Technical Education.

DELHI MASTER PLAN MPD 2021WINS ISOCARP AWARD

The blueprint of the Delhi master plan MPD 2021 submitted by the DDA to International society of City and regional planners (ISOCARP) has been selected to be awarded recognition for the master planning for Delhi Megapolis, for the coming years. It has won the coveted “2008 ISOCARP Award for Excellence for Master Plan for Delhi 2021?.

The proposal submitted by DDA is one amongst the six awardees selected from amongst the many nominees representing 17 different countries. Besides, our Delhi Deprivation authority (DDA – pun intended), one institution each from Belgium, Poland, China, Mexico and Netherland have been awarded the recognition.

The 2008 Awards were given to six institutions that expressed this year’s Congress emphasis on sustainable urban development: ‘Urban Growth Without Sprawl’.

The subject of the study under the Delhi master plan submitted by DDA, as listed on the official website of the judges is:

“For the capacity to articulate a holistic planning at one of the most complex metropolitan areas of the world and facing key changes that are in common in many other megalopolises of the planet: from shelter to trade and commerce, from industry to environment, from conservation of built heritage to urban design and from development code to plan monitoring.”

ISOCARP is the global association of professional planners, with in-depth understanding & experience. It was founded as early as 1965 with a vision to bring recognised and highly qualified planners, together, under the aegis of an international platform, for networking & sharing of the wealth of knowledge. A non governmental agency, it currently has members from over 70 countries. ISOCARP is recognised by the United Nations and the Council of Europe and with a consultative status with UNESCO.

The Jury for the selection of the awards consisted of:

Alfonso Vegara, Past President

Pierre Laconte, President of ISOCARP

Elias Beriatos, Vice President in charge of Awards

Ismael Fernandez, Vice President

Jaime Lerner, Regional Project Office

A special award ceremony would be hosted on the 8th of November’ 2008 on the World Planning day. Prior to that, top professionals from the award winning entries would also make a presentation in Dalian, sometimes in September’ 08.

Delhi International airport (DIAL)

The Delhi International airport (DIAL) is one of the most exciting news for Delhi. It is not a green field project, but rather a modernizing effort to contemporarize the outdated & dilapidated earlier airport. It is a large Airport, with almost half a million sq. ft of space. It is being constructed in record time of almost 37 months, whereas, I am told that such a project normally would take upto 60-72 months.

An all round development is being planned for this Airport in New Delhi, and the developer is allowed to develop almost 45 acres of commercial development around the international terminal of the Delhi airport (DIAL).

Leading hotel chains from India &abroad want to be part of the pie. Players like Claridges (Delhi based hotelier), Accor (European) Starwood ( a US concern which owns the Le Meridien and Sheraton brands) are in the fray.Rea;l estate developers like Emaar MGF, Parsvnath, Omaxe, Vipul, DB Realty, Pacifica and Marathon etc. too seem to have thrown in their hat to grab a piece of the action. Meanwhile, DIAL is understood to be considering the applications of interest received from top hotel chains ITC, Indian Hotels and Lemon Tree and Larsen & Toubro (an enginnering and construction conglomerate in India). The district planned by DIAL would house premium hotels, budget hotels, hotels catering to the seminars & conventions, business community etc… The thought seems to be to create a district which can cater to the requirements of all segments of the target audience. More so, since these hotels would be closer to the International terminal, the new areas of development around zone J, K, L, M & N, it makes immense sense to be located around this district.

Our experts have contributed many a consumer interest articles to various media vehicles. Please click on the respective subject below to access the content.

Article : Delhi-to-the-power-of-five

Article : creating-wealth-in-real-estate

Article : do-rent-to-create-wealth-in-real-estate

Article : the-7ps-of-investment-selection

Article: why-invest-in-land

Article: The Lal Dora Opportunity

Article: Collective-buying

Article: why delhi-master plan is attractive

Article: N-zone of MPD-2021 on the move

 

 


 

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