Commercial complexes like restaurants, shopping malls and offices will have to use solar power for heating and switch over to CFL bulbs as part of efforts by the government to conserve energy in the power- starved capital.
Two separate notifications, making the use of energy saving CFL bulbs and solar heating compulsory in commercial buildings, have been cleared by Lt Governor BL Joshi and will be implemented soon, Power Secretary Rakesh Mehta said.
The steps come as part of the governments special efforts to reduce consumption of electricity in the capital, which is hit by severe power shortages every year.
The measures will be implemented in shops, restaurants and other commercial establishments. The government will also provide special incentives in residential areas for using CFL bulbs, he said.
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The nine-storey, 90 unit Fraser Suites New Delhi is situated within the newly developed business hub in the Mayur Vihar area, with direct access to the Metro and close to Central Delhi.
The five-star eco-friendly property is based on the Vastu Energy Grid and will use solar energy for lighting, heating and electricity.
The Frasers property offers incentive planners a range of amenities including a fully equipped business centre, health club and spa, swimming pool with pool deck, outdoor whirlpool, a wellness bar, retail offerings, café and restaurant.
Source : citmagazine.com
Theres good news for the people of Indian origin (PIO). The government is planning to allow them to buy property in India without mandatory RBI approval and without the hassles of producing a valid visa.
The current Foreign Exchange Management Act (FEMA) guidelines are also being amended to remove a gender bias where non-residents whose mother or grandmother were citizens of India will also be allowed to buy real estate in the country. The existing rules permit only those PIOs to buy property in India whose father or grandfather were Indian citizens.
The proposal mooted by the ministry of overseas
US bank Wachovia could pick up a significant equity stake in Hiranandani Realtors, part of Mumbai-based property developer Hiranandani Group. In the past one year, Wachovia has invested Rs 304 crore into the Indian firm through financial instruments that will be converted into equity.
A source involved in the transaction said Wachovia had entered into an agreement in August 2007 to invest $77 million in Hiranandani Realtors. The investment was to be in multiple tranches through debentures. As per mandatory documents submitted to the RBI, the debentures were issued in three phases starting October 2007 and the last tranche of
The Archaeological Survey of India are making up Delhi's two world heritage monuments by giving a new look and under that scheme they replaced the buff sanstone with pink blocks up to the first storey while Hamayun Tomb patched up with new marble and light-pink sandstone slabs.
But Conservationists are not happy with this new look, they say that this is against international conservation norms for heritage sites. They have objected that ASI is not keeping the authenticity of the original structures.
A senior ASI official gave his own reason that some sandstone slabs at the Qutub had to
Very few residential projects in Delhi-NCR have garnered the hype that surrounds the Commonwealth Games Village. It covers about 27 acres, and offers slightly over 1,150 apartments for sale (including those that will go to DDA). Of course, it is not the biggest residential development and no matter what to promos say, it is not next to Delhis most preferred residential destinations. But is the Commonwealth Games Village, and for those who came in late they dont want to miss the chance they did with Asiad Village.
Getting there
The road to the Games Village begins from Emaar MGFs office
