Delhi-ncr

Delhi-NCR housing market remains buoyant; sales up 25%: PropEquity

India's key property market Delhi-NCR has remained buoyant during the December quarter, with housing sales and new supply estimated to rise 25 per cent and 59 per cent, respectively, according to PropEquity. Real estate data analytic firm PropEquity data shows that housing sales in Delhi-NCR are likely to rise to 12,915 units during the October-December period of this calendar year from 10,354 units in the year-ago period. New supply in Delhi-NCR is set to increase 59 per cent to 11,223 units in the current December quarter from 7,072 units in the corresponding period of the previous year. Among nine major cities across India, Delhi-NCR is the only market where sales and new supply are estimated to rise during the current quarter, real estate data analytics firm PropEquity's data showed. The other eight markets -- Bengaluru, Pune, Hyderabad, Chennai, Kolkata, Mumbai, Navi Mumbai and Thane -- are likely to witness a fall in sales and new supply during this quarter. As per the ...

News updates: Grap 4 curbs invoked in Delhi-NCR as air quality turns severe

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Highlights: Dixon Technologies, Vivo to set up electronic manufacturing JV

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Centre revises air pollution control plan for Delhi-NCR, tightens curbs

The Centre's panel on Delhi-NCR air quality has issued a revised plan to tackle winter pollution, asking states to implement stricter measures when the air quality deteriorates and making it mandatory for schools to shift to hybrid learning on days with severe air pollution. Poor air quality, driven by unfavourable weather conditions, usually persists for long periods during winter, from November to January. During this time, Delhi frequently enforces restrictions under the Graded Response Action Plan (GRAP), which categorises air quality into four stages: Stage I (Poor) with AQI between 201 and 300, Stage II (Very Poor) between 301 and 400, Stage III (Severe) between 401 and 450, and Stage IV (Severe Plus) for AQI above 450. According to the revised plan, inter-state buses from NCR states, except those EVs and those running CNG or BS-VI diesel, will not be allowed to enter Delhi under Stage II. This provision earlier came into effect under Stage III. Resident welfare associations

Delhi clubs, bars to check hard copy age proof for legal drinking

The Delhi government has directed operators of the city's hotels, clubs and restaurants serving liquor to verify the age of their clients through hard copies of government-issued identity proofs after violations of the legal drinking age norm were detected. In Delhi, liquor is served only to persons aged 25 years and above. The excise department of the Delhi government, during routine inspections by its teams in recent days, found customers younger than 25 years having alcohol at bars, clubs and restaurants. The inspections also revealed that some customers were consuming liquor pretending to have completed 25 years. Complaints were also received by the department that some excise licensees were serving liquor to underage persons, officials said. Under the Delhi Excise Act, 2009, no person or licensed vendor or his employee or agent will sell or deliver liquor to any person apparently under the age of 25 years for personal or others' consumption. The violations of the age restrict

Haryana's Hisar Airport to transform into logistics hub with US aid

The project will increase air cargo throughput at Hisar Airport, located in the National Capital Area, which includes Delhi, as per the statement

Noida International Airport will boost ease of living for NCR, UP: PM Modi

Prime Minister Narendra Modi Monday said the upcoming Noida International Airport will boost connectivity and ease of living for the national capital region and Uttar Pradesh. Modi also said his government has been taking many steps to ensure top-quality infrastructure for the people and leverage the power of connectivity to further prosperity. His remarks came in response to a post by Civil Aviation Minister Ram Mohan Naidu in which he said that he witnessed the successful first test flight landing at Noida International Airport today, marking a major milestone in the development of this state-of-the-art infrastructure. "Under the leadership of Prime Minister Narendra Modi Ji and the guidance of Chief Minister Yogi Adityanath Ji, this airport will revolutionise regional connectivity and play a pivotal role in the expansion of India's aviation sector," Naidu said. Tagging Naidu's post, Modi said on X, "The upcoming Noida International Airport will boost connectivity and 'Ease of ..

Delhi fines 260,000 vehicles over Rs 260 cr for pollution violations

Authorities' crackdown on air pollution has hit violators hard in the city, with over Rs 260 crore in fines imposed on more than 2.6 lakh vehicles lacking Pollution Under Control Certificates (PUCC) in just 50 days. The crackdown was implemented under the Graded Response Action Plan (GRAP). Between October 16 and December 6, the Environment Department issued 260,258 challans across all four stages of GRAP. Breaking down the time period and stages, a total of 12,756 challans were imposed in Stage 1 from October 16 to October 22, 111,235 in Stage 2 between October 22 and November 14, 13,938 in Stage 3 from November 15 to November 17, and 114,089 in Stage 4 from November 18 to December 5. Meanwhile, 8,240 challans were issued in Stage 2 after Stage 4 restrictions were lifted on Thursday, with Stage 2 restrictions remaining in effect, according to official data. A fine of Rs 10,000 is imposed on motorists for not having a valid pollution under control (PUC) certificate. Delhi's air .

Delhi's air quality remains in 'Poor' category: Is worst over for capital?

The neighbouring cities of Gurugram and Noida are now breathing easy as their air quality hovers in the "moderate" category, while Ghaziabad continues to struggle with poor air quality

NHAI to raise Rs 1,000 crore via green bonds for Delhi-Mumbai Expressway

DME Development aims to raise about Rs 48,000 crore from banks and financial markets through loans and bonds and has successfully raised around Rs 42,000 crore

Signature Global eyes taking over Noida's stalled projects to expand biz

Realty firm Signature Global is looking for land in Noida and Greater Noida to expand the business and will explore taking over stalled housing projects as well provided there are no legacy litigations. Signature Global, which got listed in 2023, has a significant presence in the Gurugram market of Delhi-NCR. In an interview with PTI, Signature Global founder and Chairman Pradeep Aggarwal said, "We want to expand our business in Delhi-NCR beyond the Gurugram market. We are looking for land parcels in Noida, Greater Noida and Yamuna Expressway." The company will participate in land auctions conducted by development authorities of these three regions, he added. That apart, Aggarwal said, "We are also looking to take over stalled housing projects in Noida. The Noida authority has come up with a co-development policy to revive stalled projects. A couple of projects have been approved under this new policy." Aggarwal, however, said the company will take over stalled housing projects,

Weather update: Karnataka to experience light rainfall, cloudy skies today

The Bengaluru city is expected to receive light rainfall on Wednesday. Light to moderate showers may take place in several districts and the temperature ranges between 20 and 27 degrees Celsius

Massive traffic jams at Delhi-Noida border as farmers' protest continues

Farmers' vehicles, including buses and tractors, were stopped 5 km before Charkha Chowk, where protestors were directed to continue on foot

Housing prices up by 11% in 8 cities; Delhi-NCR highest at 32% rise: Report

India's eight major cities saw an average 11 per cent increase in housing prices annually during the September quarter on strong demand, with Delhi-NCR witnessing the highest appreciation at 32 per cent, according to a report. Realtors' apex body CREDAI, real estate consultant Colliers and data analytic firm Liases Foras on Monday released their joint 'Housing Price-Tracker Report Q3 2024'. "Average housing prices across the top eight markets in India rose 11 per cent Y-o-Y (year-on-year) at Rs 11,000 per sq ft during Q3 (July-September) 2024, led by sturdy demand and positive market sentiments," the report said. The average housing prices have increased for the 15th consecutive quarter since 2021. All the eight major cities saw an annual increase in housing prices, the consultant said. Delhi-NCR witnessed the highest rise at 32 per cent Y-o-Y, followed by Bengaluru at 24 per cent Y-o-Y rise during the July-September period. According to the data, the average housing prices in .

Delhi Guv Saxena directs crackdown to make capital drug-free in 3 years

Earlier, in a bid to tackle the growing problem of drug abuse, LG Saxena announced the launch of a one-month anti-drug campaign set to begin on December 1

Delhi CM Atishi extends electric vehicle policy till March 31, 2025

Chief Minister Atishi on Thursday announced several cabinet decisions, including the extension of the Delhi Electric Policy till March 31, 2025. At a press conference here, Atishi said in the wake of poor air quality, the Delhi cabinet has decided to extend the EV policy and roll out subsidies and road tax exemptions pending from January 1. "Electric vehicles purchased on Jan 1, 2024, and after will get a subsidy and road tax exemption, which were halted by the BJP when Arvind Kejriwal was sent to jail," she said. Announcing another cabinet decision, the chief minister said the Delhi government has approved a grant of Rs 17 crore to the Delhi Scheduled Caste Finance and Development Corporation Limited (DSFDC) for paying pending salaries to its employees. Atishi also announced a four-year bachelor's program in optometry at a new wing at Guru Nanak Eye Centre.

ED team conducting raids in cyber fraud case attacked in Delhi, 1 detained

An Enforcement Directorate team undertaking searches in a cyber fraud linked money laundering case was allegedly attacked here on Thursday, officials said. The agency has registered a police FIR about the incident that took place at a farmhouse that was raided by ED officials in the Bijwasan area of the national capital that falls under the Kapashera police station in southwest Delhi. An Enforcement Officer (EO) suffered minor injuries during the attack. He is continuing with the searches after he was given first aid, officials said. The probe pertains to a case against the PYYPL app. The alleged accused in the case, including Ashok Sharma and his brother, allegedly attacked the ED team. The situation is under control and searches are going on, the sources said. The search operations, according to sources, has been launched after the ED got inputs from the I4C and the Financial Intelligence Unit (FIU) about cyber crimes like phishing, QR code cheating, part time job fraud leading

Delhi reports isolated Japanese Encephalitis case; no outbreak: Officials

Addressing concerns, officials assured the public that no outbreak has occurred in Delhi, and most reported cases are from neighbouring states

Signature Global to launch housing projects worth Rs 50K cr in next 3yrs

Realty firm Signature Global Ltd plans to launch multiple housing projects worth Rs 50,000 crore in Delhi-NCR over the next three years as part of its expansion plan amid strong consumer demand. Signature Global, listed on stock exchanges, is one of the leading real estate firms in the country. It sold properties worth Rs 7,200 crore last fiscal and is targeting to sell Rs 10,000 crore this fiscal. In an interview with PTI, Signature Global Chairman Pradeep Aggarwal noted that housing demand continues to be strong in Gurugram, and the company would keep expanding its presence by launching more projects and acquiring new land parcels. "We have a strong launch pipeline. We are targeting to launch projects worth Rs 50,000 crore over the next three years," he said. The company has already acquired land in Gurugram and adjoining areas to launch multiple projects, Aggarwal noted. "We gave guidance to launch Rs 16,000 crore worth of projects during the current fiscal year. We achieved Rs

Centre in SC opposes setting up ex judges panel to monitor stubble burning

The Centre on Friday opposed in the Supreme court a proposal to form a committee of former apex court judges to oversee the implementation of measures to curb stubble burning, a key contributor to Delhi-NCR's air pollution. The suggestion was put forth before a bench of Justices Abhay S Oka and Augustine George Masih, hearing a case related to the rising pollution in Delhi-NCR, by senior advocate and amicus curiae Aparajita Singh. She sought to leverage the expertise of judges as part of the proposed fact-finding committee. The amicus said the judges had previously dealt with air pollution and stubble burning issues. A bench headed by former Supreme Court's Justice Madan B Lokur had heard pleas related to pollution and the role of stubble burning as a contributing factor in the past. In 2020, a bench headed by the then CJI Justice S A Bobde set up a panel headed by Justice Lokur to deal with the issues relating to stubble burning. The order was later recalled. On Friday, the amic