India’s Capital New Delhi is all set to expedite processes for conferring ownership rights to residents of 1,728 colonies that are Unauthorized

Digital map inked for 20 unauthorized colonies
India’s Capital New Delhi is all set to expedite processes for conferring ownership rights to residents of
1,728 colonies that are Unauthorized. The Delhi Development Authority (DDA) initiated processes of
uploading maps on its website of 20 colonies. It was further announced that the application process for
the ownership right will likely get commenced by end of December.
If the Resident welfare association of these colonies has any kind of suggestions/objection pertaining to
boundaries then the same should be submitted within 15 days.
On the official website, unauthorized colonies maps of consisting of areas like Holambi Kalan, Singhu
Border Narela, New Ashok Nagar, Rohini Bawana Village, Khera Khurd Village and Chilla Saroda Village
are being uploaded at present.
In the next few days, the uploading processes of maps of 500 unauthorized colonies will be taken place.
If there is any kind of clarification that needs to done then on the website the contact number of official
will also be provided. By end of this month more maps of 300 unauthorized colonies will be uploaded.
When all the boundaries will be fixed, the DDA authorities will also open the site for conferment of
ownership rights. After the applications being received the site inspection will also be done by the
authorities.

The new e DDA portal to keep an eye on 1,797 unauthorized colonies

The new e DDA portal to keep an eye on 1,797 unauthorized colonies
The New DDA portal will be concrete and will start up loading maps of unauthorized colonies.
Through satellite image this information will be shared to people. If there is any claimant or
resident claiming rights for properties the first thing it will be required to upload geo-
coordinates, detail illustrations or architectural components and other supporting documents
on portal.
It is assumed that the functioning on this portal will be commenced from 1st week of February.
There would also dedicated Suvidha Kendra’s at various locations wherein people can also
submit applications manually.
It will be mandatory for all applicants to have their digi lockers on the portal. This facility is
because the residents can upload photo or documents pertaining to the place. The maps of
400 colonies will be uploaded by second week of November.
In order to give in their suggestions or objections as far as the boundaries are concerned the
residents will be getting time frame of 15 days. The first batch the updating of about 400
settlements awaiting regulation will be done. A proper authorization slip will be provided. It is
assumed that forty lakh people will be benefited from these plans.

Major relief granted to 50,000 shop owners in Delhi

Major relief granted to 50,000 shop owners in Delhi after announcement of drop in Conversion charges
by Delhi Development Authority
50,000 shop owners are now relieved by getting the good news of drop in conversion charges in 100 Top
markets and moreover there would be also relaxed norms for household and industrial units.
The meeting led by Lt Governor Anil Baijal got an approval of converting 81 rural villages into urban
villages. The further news is also that the amalgamation of land plots from 64 square to 200 square
metres will also be done. Using the Social media platform the Union Minister Prakash Javadekar stated
that the decision to abolish charges will prove to be benefitted to more than 50,000 shop owners.
Further it was also said that the shop owners can fearlessly work and that too without any kind of
favors.

Why going Long term is important thing for your investment portfolio?

Why going Long term is important thing for your investment portfolio?
As far as monetary goals are concerned, future perceptions are must to meet. Long term investments
models rather than the short term one. In simplified terms long term investment is holding on things like
stock, shares or securities etc. In order to highlight these are the few aspects and advantages that you
need to know:-
1) Right time equations: - Compared to intra-day or short term investments, in long term even if
you invest a fixed amount the return in the long run could be fruitful. Sticking up with your stock
for longer period of time will allow you to be focused. To strategize your investments for long
term it’s better to seek an expert advice so that fruits of it can be enjoyed in future.
2) Less tax: As compared to the short term investments in the long term investments you will end
up paying fewer amounts of taxes.
3) You will worry less: - Unlike a Intraday trader or a short term investor, you don’t need to wake
seeing up opening bell or reading in paper about the down price. The long term investment will
secure your mind. In order to be at your best and plunge in towards the safer end you could also
invest in mutual funds.
4) You don’t need to spend much on commissions:- As far as intraday are concerned you need to
spend on a lot on agent’s commission but compared to the long term investments you didn’t
need to worry on any aspects.
5) Understanding the trend: - The long term investments will give you time and space to
understand the market space then make your move in realty segment.

United States is optimistic for India’s $5 trillion economy goal.

United States is optimistic for India’s $5 trillion economy goal.
$ 5 Trillion economy goal is on completion version; says US Treasury Secretary Steven Mnuchin. US will
also aim to focus on the changes pertaining to structural reforms made by Government of India. There
are various economic reforms done in recent week to give a boost to slowing economy. The said goal is
expected to get accomplished by 2024. It is expected that this plan will be a powerhouse and will shift
India from 7th position to 3rd position when it comes to current exchange rates. The recent announced
schemes and policies will bring in new investments and some good news for India.
Nirmala Sitharman also added up that there is wider range of discussions over a host of issues that
happened. In the month of October this year, she also made an announcement that there would be
host of negotiations between India and United States on a trade deal that will happen in full speed. Even
on the Iran issue the treasury secretary stated that US is also working with allies to assure that there is
enough oil and the sanctions to be done will safeguard interest even of other nations.

New Law soon will be passed by the Government for Illegal colonies.

New Law soon will be passed by the Government for Illegal colonies.
Owning a Shelter for self-purpose use is the biggest wish of the middle class income people and therefore
Mr.Narendra Modi announced that a law would soon be empowered by Parliament to seek ownership
rights for the residents of unauthorized colonies in National Capital.
In the further conversations, it is also stated that soon the implementation of Pradhan Mantri
Unauthorised colonies in Delhi Awaz Yojana will be done. This drastic step is taken to bring to an end of
the problems faced by the residents of these colonies. This law is expected to get passed in the winter
session of parliament and lot of people are keenly eyeing on it. Before the Prime Minister Narendra Modi
the minister of Union housing and urban development said that the processes will start in 7-10 days.
The residents have to apply for the conferment of ownership rights and procedures are sorted enough to
help people there would be also seva Kendra. It is said more than 40 lakh people will get benefitted
through this Yojana. The urge is also made to the residents to cooperate in the entire activity and let the
government do the needful at the earliest. This scheme is also launched with a purpose of redevelopment
of these colonies and gives a better lifestyle to the residents staying in the Capital of India.

GDP growth forecast of FY20 slashed to 4.9% from 5.7% earlier by Nomura With the harsh reality of deep trough the Japanese brokerage Nomura has massively cut down the GDP forecast.

GDP growth forecast of FY20 slashed to 4.9% from 5.7% earlier by Nomura
With the harsh reality of deep trough the Japanese brokerage Nomura has massively cut down the GDP
forecast. In June the prediction was 5% but severally dropping down stats are point of concern. The
dropping down stats are creating are major hurdle for growth engine and increasing inflation.
It is also said that the RBI will further cut down 0.20% by the mid June in 2020. Even there are various
recovery measures undertaken yet the fruitful improvement has to happen. The declined stats are also
because of the slower consumer demand, lowered investments and certain underperforming service
sectors.
While addressing to the Media; Spokeperson also said that Government is taking various measures but
there is still time to have some positive outcome. In the context and existing problems even the
Financial Minister Nirmala Sitharaman hold several meetings and conferences with the officials and
industry leaders will discuss on the measures of growth and how to plunge in more private investors.

25,000 Cr Fund by the government brings in new ray of hope for stalled housing project

25,000 Cr Fund by the government brings in new ray of hope for stalled housing project
New Delhi: - 25,000 Cr fund announcement by the government for the stalled project is despite relief for
stalled housing projects. This plan intends to complete more than 1,600 stalled projects that even included
the plans that are in bad loans accounts or insolvency proceedings. The main reason of announcing this
plan was to see the boost in real estate segments and its associated sectors.
Nirmala Sitharaman also stated that the Alternative Investment Fund would be of 10,000 crore and
remaining 15,000 Cr. will be from State insurer LIC and the country’s lending leader State Bank of India
(SBI). A special consideration will be given to affordable and lower level income projects. The employment
rate will also boomingly increase because this plan is willing to complete more than 4.58 housing units.
With this purpose the demand for Cement, steel and iron industries will also be revived.
In this plan the RERA registered projects with positive net worth the funds will be provided only for
those. The payout of the funds will be stages and in escrow account the funds will be kept. All the
monitoring and management of funds will be done by SBI Caps. This plan intends to solve off long
intending problems of people. A welcoming change for the fruitful future can now be seen.
How Rs. 25000 Cr. Funds for incomplete flats will work 10 pointers:
1) Finance minister Nirmala Sitharaman had in September announced that a special window for
affordable and middle-income housing will be created for providing last-mile funding for incomplete
housing projects. But it had barred projects that have been declared as NPAs or non-performing assets
or are facing bankruptcy proceedings.
2) However, the government has now removed those conditions. Even if a housing project has been
declared non performing asset but liquidation has not been announced will be eligible to benefit from
this fund.
3) This fund will cover incomplete projects where unit cost or flat cost is less than ₹2 crore in Mumbai,
less than ₹1.5 crore in NCR, Chennai, Kolkata, Hyderabad, Bengaluru, Ahmadabad, Pune and less than ₹1
crore in rest of the country
4) Another condition is that the projects need to be registered under RERA or Real Estate Regulation and
Development Act and their net worth (cash flows minus project cost) should be positive.
5) The fund will release funds to developers in stages through an escrow account.
6) This means funds can only be utilized for completion of the project.
7) The banks cannot recover their earlier loans from this fund. The fund will be only used for completion
of the project, said the finance minister.
8) The fund will give priority to projects that are near completion. The finance minister cited an example
to explain the working of the fund. Say, a project which has three towers and Tower 1 has been 70%completed, Tower 3, 50% completed and work on Tower 2 has not started. The fund will give priority to
Tower 1 and then Tower 3. Tower 2, where work has not been started, will not get funding.
9) The finance minister said that the government is seized of the problem faced by homebuyers who are
forced to pay EMIs on loans taken for buying homes but have not yet got possession and continue to
shell out both loan installments and rent. The RBI will soon issue a note so that home buyers who had
stopped paying EMIs can regularize payments.
10) Analysts have welcomed the setting up of this fund. "The proposed fund is better than the earlier
one since this also includes projects referred to NCLT. This will be beneficial not only to the stressed real
estate sector but also to the home finance and NBFCs which have lent to developers

In order to improve the infrastructure of Delhi the Master Plan 2041 is envisioned

In order to improve the infrastructure of Delhi the Master Plan 2041 is envisioned. Basically it will focus on the key areas like suistanblity, redevelopments, walkablity, street infrastructure, air pollution data and keep regulatory on unauthorised colonies. After this Master plan the perception of smart city will totally change. A lot of landscaping will also be done around the banks of Yamuna River because it is a flood plain.
30 meetings have already been held with the stakeholders and collection of all neccessary data and problems is done. The key aspect of this plan is to bring strategic solution and help commoners to solve the problems. Even for the utilities like Gas or optical fibre under this plan there would be designated areas. It is being seen that more than 6400 hectares of land is pooled under this policy.
The main motive is to bring in quality of life to people and also to fulfill those agendas that were not completed in 2021. The commencement of work is already done by DDA and National Institute of Urban affairs. The plan is aimed to have citizen engagement and provide an quality of public transport. The plan is expected to cover all the needs of city.

Finance Minister Nirmala Sitharaman major and several announcement boosting Indian Economy

Addressing to the People of India, Finance Minister Nirmala Sitharaman made many major and several announcement. The decisions were taken with the perspective of improving and boosting Indian Economy. To address the best of the key announcements that are as follows:-
1) The GST systems would be further simplified.
2) There would online tracking systems available for checking the home loans process.
3) The home loans will be cheaper and banks have agreed to cut down the rate that is being announced by RBI to customers.
4) Private sector banks to return loan documents to customers within 15 days of loan closure.
5) In order to complete all the stalled project the Government will likely do stress fund of 20,000 crore. A Special window will also be provided to Middle and affordable housing developers. The main propose behind this plan is completion of construction for unfinished units. LIC will also invest in the stress fund.
6) Even the interest rate of house building shall be lowered and linked with 10 year G sec yields.
7) By March 2020 at 4 places Dubai like shopping festivals will also be announced and major theme would be Yoga, Textile, Tourism and Leather.

Jewar Airport is finally bringing in new hope

After ages the news of making of Jewar Airport is finally bringing in new hope of connectivity in UP. It is said that the first founding stone was established in 2001. Major aspect to witness about the airport is that it will be built on 2,200 acres of land. The operations will be commenced in 2023. A good growth in realty segment can be expected and prices too set a new raise after the commencement of project.
 Even from the connectivity aspect, if people from western UP, few states of Rajasthan the Jewar airport would be highly beneficial to get connected with other cities. Even the people owning a land near Jewar airport are seeing the difference with the increase of price rates too. It is expected that the spurt of Air-traffic would be phenomenal and the city could get a new hope built in for majority of tourists. The fund of 1,260 cr is approved for acquisition of land. This proposed airport is second after the Indira Gandhi International Airport. In order to develop the airport there are more than private bidders who shown up their interest. Some of the big names are Adani, Reliance and GMR. Officially the bids will be open from November 6, 2019.
The nearby areas surrounding to the proposed airport will earn big time returns. Earlier till 2015 the property rates 4-5 lakhs per bigha but at present times the land at nearby villages has shot up to 25 lakhs. More the developments on the airport more are the rates that will be shot up higher. Even the making of airport there would be millions of job opportunities that would be surfaced up. By 2050 the airport would have a capacity of handle around over 10 crore passengers. The project will be developed in phases and in the functional stage the airport will handle around 60 lakh passengers.

How Delhi with smart city plan will be mirror of Changed India?

The smart city plan will completely change the image of Delhi. Being approved by the Ministry of Urban Development this is surely to keep up interest of buyers. The plan looks more promising and full-proof when it comes to development of real estate. The plan proposes the implementation of sustainable development of 19,000 hectares of land with help of private sector. The key factors are also that this smart city especially N-Zone will get connectivity to Indira Gandhi International Airport and also to newly Metro stations that are been approved by the Authorities. Zone L will share the closest proximity of Best International Schools and college, Gurgoan IT hub and super specialty hospitals. Salient features are also the intense environment friendly designed buildings.

Right from 1 to 4 Bhk flats would be available for the application upon their needs. There would be online process and a person willing to acquire flat has to fill in duly sign in the plan. The entire project has 300 units out of which 33% will be reserved for women applicants. Football stadium and golf course would be the major point of interest and will surely attract the attention of potential buyers.

A lot of population is grown in Delhi and smart resolution to this Smart city plan. It is estimated that more than 85 lakhs of people will get benefitted from this plan. There would also upcoming affordable housing opportunities in zones like J, K-1, L, N &P2.

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Significance of Land Pooling Policy

Basically Delhi Land Pooling Policy is for land owners who have their own land for any size big or small in areas notified by DDA or Delhi Government. An Application process through online mode is required for registration and verification of land. Right from start to August 2019 nearly about 5,028 hectares has been registered. The 95 villages have enrolled themselves for this policy keeping in mind Social, economic and urban development.

The city will be fully equipped to create in 17 lakh units and that will able to accommodate around 76 lakh people. The pooled land method has been initiated in Zones like PII, N, L and K, I is 1027ha, 2654ha, 1152ha and 195 ha. This is the most promising policy that will give in boost to new sustainable developments. This policy is distinctive because it gives the power to landowners and win-win situation is also for developers or stakeholders. This policy maps out the people-centric plan. The benefits of this policy would be great for increasing GDP and creating jobs for larger employment group. In many of the sectors more than 70% of registration work and qualified for development is completed. After verification of documents the construction work will be commenced with fast pace. Through this policy, expectation can be made that Delhi would be the largest metropolitan place to live in throughout the world.

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