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.