Property for rent in Chattarpur Delhi

After a demolition drive in Asola on March 14 and in Mehrauli on April 12, the South Delhi task force recently carried out a drive in Adhchini. Forty-year-old shops and a room that was found to be encroaching were razed. Not just these places, in March, the Delhi Traffic Police were able to remove encroachments from 32.5 km of roads in the national capital.

India has taken a liking for luxury real estate and it is here to stay.

Ashok Vihar tops the charts with 56.5% appreciation in the last one year

Through an order in 2011, the Supreme Court held that transferring property title through a general power of attorney was not valid. The top court directed municipal bodies not to register/mutate properties based on these documents. Following the order, states banned the registration of properties sold through GPA. The SC, however, said that genuine transactions carried out through GPA would be valid. In light of this, should you be entering property transactions that involve sale through power of attorney? Let us find out.

National Building Construction Company (NBCC) is now planning to buy insolvency-hit Jaypee Infratech, a move that would help the public company to acquire land parcels in tony localities, Taj Expressway and Japyee Hospitals. NBCC will be competing with other construction majors, including L&T, Suraksha Asset Restructuring Company, Kotak group and ICUBE, which have shown interest in buying Jaypee Infratech, the sister concern of Jaiprakash Associates Limited (JAL). This is the second time process is on to acquire the insolvency-hit realtor.