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Rents are computed on Super Area basis which is explained here below :
Super Area/Carpet Area
Most of the Commercial spaces now days are sold and Leased on the basis of Super Area. Super area includes all the spaces i.e. Carpet area, common areas (staircase, lobby, landings, entrance , fire escape etc.) and wall thickness. Depending upon the building, Super Area can vary between 25 % to 43 %. For example if the area quoted is 100 Sq. Mts. as Super Area, then Carpet Area will be between 57 to 75 Sq. Mts.
LUTYEN’S DREAM TURNING INTO A NIGHTMARE - 1 by Sanjeeb Mukherjee
The Rashtrapati Bhavan, Rajpath, India Gate, Parliament House and Teen Murti are a part of the capital better known as Lutyens Delhi, which is in the eye of a storm as it is the latest entrant in the list of the world’s 100 most endangered sites.
NOT FAMILY SILVER, IT’S CRUMBLING MASONRY By Arvind Kala
If European countries can sell their castles to foreigners, why can’t India do the same with its crumbling forts and palaces? The idea seems outrageous but it makes economic sense. Letting foreigners buy the palaces will enrich both India and the impoverished royals who own these palaces. The royals will get good money and our priceless heritage buildings will be restored free of cost. Because the foreign buyers will renovate and
Please Note : Houses are generally unfurnished. Staff Costs Houses come equipped with fans, lights, geysers (hot boilers). Almost all of them have a servant quarter and car parking facility. Garage may be there in few cases. Telephone is easy to get. In Power cut zones, (List of Areas without Power Problem or Cuts) tenants have to install their own
Last 14 months have witnessed phenomenal returns on real estate in Delhi and NCR and whole of India. Though currently Gurgaon is slowing down, with prices having come down by 20% in certain cases ... still there is bullishness with caution. However, seemingly money is moving to Dwarka from Gurgaon.
Amendments to Delhi Rent Control Act (1958) in 1997 (a piece of legislation violating the fundamental right of an individual to property rights) has once again been put back. Strong traders lobby (main beneficiaries of status quo) has successfully capitulated the Urban Development Ministry. The Ministry has decided to hold back the move of tabling it in the monsoon session of the Parliament.
Thesis Spring 2004: Proposal ____________________________________________PAROMITA ROY
How could ‘Lutyens’ Delhi’ – the post-colonial city core of New Delhi, be re-described as an evolving democratic public environment for its people, re-emphasizing its significance as ‘world space’, ‘nation space’ and ‘city space’?
How and why was Lutyens’ Delhi built?
According to a study conducted by KSA Technopak, India's leading management consultancy firm specialising in the fashion and retail industries, organised retailing in the country is estimated to touch Rs. 18,000 crores in 2002-2003. This reflects a 20 per cent growth over the previous year. This was announced by KSA Technopak on the second day of the 5th KSA Retail Summit currently being held in Mumbai.
Pity the poor city landlord! Renting out an apartment gets him less than returns from a bank fixed deposit. I see gleaming three-bedroom apartments in South Delhi worth Rs 50 lakh which rent for just Rs 20,000 a month. That works out to Rs 2,40,000 a year but it comes down to just Rs two lakh because roughly two months’ rent goes in house tax. So the landlord ends up getting a return of just 4 %.