Okhla Property

With several cities witnessing a flood-like situation, it becomes mandatory to ensure your house is not in a vulnerable area.

Incessant rains between July 25 and July 26 have exposed the wide holes in national capital Delhi's infrastructure. At a time when the water level of the Yamuna is seen flowing above the danger mark, the city administration has yet to devise a plan to keep its citizens safe in case of a flood-like situation.

The ferry service for a few kilometres between Tronica City and Sonia Vihar will commence once the monsoon subsides. The idea is to develop it as a major tourist attraction. The project will be funded by the Inland Waterways Authority of India which has approved Rs 7.55 crore for the trial project.

In Noida, the period between 2011 and 2012 was declared a zero-interest period. During the zero-interest period, when construction was hit because of farmer protests, builders were not required to pay interest on land dues. After great deliberation and study, the move was launched. Now, authorities suspect developers of misusing the benefit offered to them.

The DMRC is foraying into residential real estate and its housing scheme guarantees home buyers 2BHK and 3BHK units at a cost advantage. Starting May 2017, prospective home buyers can fill in their applications for the same.