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Dear ck.kislay,
You are subscribed to the thread "Delhi Real Estate Updates" by MANOJa, there have been 3 post(s) to this thread, the last poster was MANOJa.
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/delhi-real-estate/29842-delhi-real-estate-updates
These following posts were made to the thread:
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/delhi-real-estate/29842-delhi-real-estate-updates
Posted by: MANOJa
On: February 22 2018 09:01 AM
[h=1]Sealing drive at Panchsheel Park for stilt parking violations[/h] TNN | Updated: Feb 22, 2018, 01:29 IST [IMG]https://timesofindia.indiatimes.com/thumb/msid-63021126,width-400,resizemode-4/63021126.jpg[/IMG] NEW DELHI: The [URL="https://timesofindia.indiatimes.com/topic/three-corporations"]three corporations[/URL], which are now focusing on [URL="https://timesofindia.indiatimes.com/topic/stilt-parking-violations"]stilt parking violations[/URL], [URL="https://timesofindia.indiatimes.com/topic/sealed"]sealed[/URL] 113 properties on Wednesday. The south corporation sealed �eight properties at 18 points of stilt parking� in N-block of the upscale [URL="https://timesofindia.indiatimes.com/topic/Panchsheel-Park"]Panchsheel Park[/URL]. �All these sections were found to be used for other purposes,� said an official. Eleven more stilt parkings were sealed in the west zone�s Janakpuri, Ashok Nagar and New Mahariv Nagar. �Twenty points were sealed for illegally undertaking commercial activities,� the official added. Four properties were sealed in Dwarka�s Rajapuri market. The maximum action took place in north corporation areas with 55 properties getting sealed for stilt parking violations. Under Master Plan of Delhi 2021, the houses with stilt parking are allowed a relaxation in FAR of 350, excluding the stilt parking area. �But residents have been using the stilt parking space for even commercial activities,� said an official. This has prompted the SC-mandated monitoring committee to order action in these areas. Twenty-two stilts were sealed in Adarsh Nagar and Mukherjee Nagar under the [URL="https://timesofindia.indiatimes.com/topic/Civil-Lines"]Civil Lines[/URL] zone, 14 in sectors 8 and 11 of [URL="https://timesofindia.indiatimes.com/topic/Rohini"]Rohini[/URL] and 11 in Harsh [URL="https://timesofindia.indiatimes.com/topic/Vihar"]Vihar[/URL] and Ashok Vihar. Four each were sealed in City SP and Karol Bagh zones where areas like Naraina Vihar and Ajmeri Gate were targeted. The east corporation sealed 35 properties in two zones for not depositing parking and conversion charges, and misuse of non-notified roads, said spokesperson Rakesh Gupta. [url]https://timesofindia.indiatimes.com/city/delhi/sealing-drive-at-panchsheel-park-for-stilt-parking-violations/articleshow/63020965.cms[/url]
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/delhi-real-estate/29842-delhi-real-estate-updates
Posted by: MANOJa
On: February 22 2018 03:30 PM
[h=1]HC reverses NDMC's move to seal portions of Le Meridien[/h] The court said since none of the NDMC lawyers were reachable despite several attempts after court working hours, it was granting interim relief till Thursday to the petitioners till the civic body conveys its stand.Abhinav Garg and Mayank Manohar | February 22, 2018, 12:30 IST NEW DELHI: New Delhi Municipal Council on Wednesday sealed 24 portions of the luxury hotel [URL="https://realty.economictimes.indiatimes.com/tag/le+meridien"]Le Meridien[/URL], but the action came under challenge before the high court which ordered de-sealing and stayed the notice of the civic body late in the evening. Justice Rekha Palli, after a hearing that started around 7.30pm and lasted nearly an hour, asked the civic agency to de-seal the hotel saying that principles of natural justice were violated. The court also said since none of the [URL="https://realty.economictimes.indiatimes.com/tag/ndmc"]NDMC[/URL] lawyers were reachable despite several attempts after court working hours, it was granting interim relief till Thursday to the petitioners till the civic body conveys its stand. Earlier, NDMC officials said that 24 portions of the property were sealed, including 10 points in the commercial tower, 11 in the hotel block and three in the basement. The sealed areas included restaurants, banquet halls, gymnasium and other common places. NDMC�s action came following a showcase notice that was served on the hotel in January under Section 247 of NDMC Act, 1994 for illegal constructions carried out without seeking any permission from the council. �The unauthorised construction is required to be sealed till demolition is done,� the notice stated. However, by mid-day the hotel approached HC accusing NDMC of contempt of court since it had sealed the commercial tower despite giving an undertaking earlier in court that there won�t be any coercive action. In the first hearing of the day, Justice Palli � who was the roster judge � asked NDMC to de-seal the commercial tower, but refused to stay the ongoing sealing action in other parts of the property for unauthorised construction and misuse in violation of Delhi Master Plan 2021. Appearing for the hotel, advocate Diljit Singh Ahluwalia also questioned why NDMC, after 32 years, decided to issue a showcause notice on alleged deviations/unauthorised construction and argued that the NDMC Act did not apply to the case at hand. On its part, the civic agency, through additional solicitor general Sanjay Jain gave a fresh undertaking that within two hours the commercial tower will be de-sealed, but asserted the right to seal other parts of the property where it had found violations. Later in the evening, the hotel filed a fresh writ challenging the entire sealing action of NDMC and sought an urgent hearing, which was allowed by Acting Chief Justice Gita Mittal who marked it to the roster bench. �CJ International has brought to the notice of NDMC that apart from their actions constituting contempt of court, the hotel was running at 100% occupancy. Sealing of the restaurants and banquet halls, where marriage functions were booked for tonight, has brought inconvenience to the public at large,� the hotel�s lawyer told HC highlighting the urgency of the situation. In September 2017, NDMC had carried out sealing drive at the commercial tower, which houses 98 occupants. However, the tower was de-sealed after one of the occupants had filed a writ petition in the high court. The hotel further claimed that NDMC sealed the commercial block even though the civic body was directed by HC not to take any coercive measures till the pendency of the writ. However, senior NDMC officials claimed that �only those portions were sealed that had nothing to do with the court order.� [url]https://realty.economictimes.indiatimes.com/news/regulatory/hc-reverses-ndmcs-move-to-seal-portions-of-le-meridien/63022820[/url]
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/delhi-real-estate/29842-delhi-real-estate-updates
Posted by: MANOJa
On: February 22 2018 03:33 PM
[h=1]We plan to grow by 20-25% in next 2-3 years: Dikshu C Kukreja, founder, CP Kukreja Architects[/h] Kukreja claims that the company registered 50% year-on-year growth in 2017 thanks to it winning the tender of Pragati Maidan redevelopment and Dwarka Convention Centre.Ankit Sharma | Updated: February 21, 2018, 21:15 IST NEW DELHI: [URL="https://realty.economictimes.indiatimes.com/tag/cp+kukreja+architects"]CP Kukreja Architects[/URL], a Delhi-based architect firm, plans to grow by 20-25 per cent in the next 2-3 years, majorly driven by tenders of government projects, said [URL="https://realty.economictimes.indiatimes.com/tag/dikshu+c+kukreja"]Dikshu C Kukreja[/URL], founder of the company. Kukreja claims that the company registered 50% year-on-year growth in 2017 thanks to it winning the tender of [URL="https://realty.economictimes.indiatimes.com/tag/pragati+maidan+redevelopment"]Pragati Maidan redevelopment[/URL] and Dwarka Convention Centre. �In 2010, about 70 per cent of our revenue used to come from private contracts while 30 per cent came from government tenders, by 2017 the scenario has completely reversed,� said Kukreja. He agreed that the slump in the real estate sector did have a negative impact on overall business of the firm. �We were associated with many prominent developers especially in the National Capital Region (NCR), which defaulted in their payments to us. We are yet to receive the payments from them are awaiting their disputes to be resolved.� The company is also looking for international contracts to expand beyond India. Currently the international contracts form 5% of total revenue share which it aims to grow to 20-25% in the next 3-4 years. �We plan to open new office in Kuala Lumpur, Malaysia and also are in talks to take up few government and private projects in Myanmar and Bhutan,� said Kukreja. [url]https://realty.economictimes.indiatimes.com/news/allied-industries/we-plan-to-grow-by-20-25pc-in-next-2-3-years-dikshu-c-kukreja-founder-cp-kukreja-architects/63016771[/url]
With warm regards,
Team IREF
With warm regards,
Team IREF
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