Houses on Rent in Delhi

Houses on rent in Delhi are vital not only for the proper residents of the city but also for the hundreds coming everyday to the city for varying purposes. As a result, a considerable number of individuals is added everyday to the already swelling population of the city. These people from diversified background, such as students, professionals, businessmen, traders and workers require a whole lot of services in order to keep them going in the city, of which the requirement of houses to live in is the foremost.

Being the national capital, the real estate market has always been mounting to new zenith and thinking of owning a property is out of the question for a majority of the population. Even with the handsome salary and easy availability of home loans , several people do not want to invest their money in buying homes on account of various reasons.

As an alternative, houses on rent are always there in Delhi with building contractors , housing companies and housing authorities are paying much attention towards this segment. The surging rental values of residential properties have also attracted the attention of real estate investors and homeowners, who help in increasing the availability of rental houses everywhere in the city.

There is a multitude of rental house options available for you in Delhi according to your choice and budget. Flats, villas, bungalows, duplexes and penthouses are some of them up for rent in the city at reasonable house rents. However to rent a house in Delhi, you may have to go through some legal formalities, rent agreement being one of them. This becomes necessary when you rent a flat or apartment in a prime location of the city, such as New Delhi.

You can also find many homeowners in some parts of Delhi, who give a part of their homes or additional houses for rent. Individuals like students, professionals or commercial workers prefer to live in such houses for rent, as they command comparatively less house rents. Such rented houses in Delhi often do not require a rent agreement, which may sometimes put you in trouble, as you might not be having any other residential proof.

Bhasin Associate
As Real Estate Consultants we provide you with a complete range of services related to Property and Investment in property. These services include complete property title search in the revenue and other Govt records ; Verification of the identity of the parties ; Modus operandis of the deals ; and proper documentation of the transacted deals.

Website: www.bhasinassociate.com

C Lal Real Estate
South Delhi's most comprehensive, real estate services company. Establishing in 1975 it is striving to assist the Real Estate Industry and its Customers in the Sale, Leasing & Purchase of Industrial, Commercial & Residential Properties in wide area of South Delhi.

Website: www.c-lal.com

Jagson Realtors
Jagson Realtors was formed with sole purpose of providing 'Professional and Honest' services* to its valued customers. We believe 'service is our business' and keeping this in mind we have set high standards for the same. And we have always served our clients with sincere endeavor to provide 'One stop property shop' which can cater to all their real estate requirements. At the same time we also realize that several factors go into providing real estate solutions that protect our customer's investment, most importantly Clear title, Quality of Product & Cost-effectiveness. Our extensive database ensures a wide spectrum of choice in properties for our clients.We primarily deal in Sale/ Purchase and Leasing of ;Residential Bungalows/ Flats/ Apartments and Farm Houses,Approved Commercial & Non-commercial Office Space, Industries/ Factory and BPO Call Centres.

Website: www.real-estate-india.com

Source: http://www.indiahousing.com/delhi/houses-on-rent.html

2 BHK Flats in Delhi

2 BHK Flats in Delhi are gaining a strong foothold in the local real estate markets in Delhi since they register maximum demand for buy, sell or rent. 2 BHK Flats in New Delhi are available in all DDA built colonies in various parts of the city as well as private builder group housing societies in areas like Rohini, Vikas Puri, Dwarka, Pitam Pura, Paschim Vihar, Patparganj, Preet Vihar, Vasant Kunj, Defence Colony, GK I & II, Jor Bagh, Panchsheel Enclave, Jaganpura Extension etc.

Recent trend of group housing high-rises is fast overtaking independent houses, bungalows and villas. The capital appreciation in the property prices in Delhi has led to many buying property for investment purposes and then renting it to generate a fixed monthly income. This has led to an adequate supply of 2BHK Flats for sale in Delhi.

Contact the local property dealers in Delhi to get an idea of the ongoing prices for sale, purchase or rent of any 2 BHK Flat. They will help you find full facilitated,and fully-furnished 2BHK apartments in Delhi.

Source: http://www.indiahousing.com/delhi/buy-sell-rent-2bhk-flats-apartments-in-delhi.html

Property, Market Prices In New Delhi

Delhi property rates are touching the skies and with this Delhi property market is booming. Property dealers, builders, banks for the home loans are making use of the opportunities available to them in the business of buying, selling or renting property in Delhi. With an area of 1483 square km Delhi is becoming a home to almost 13,782,976 people. It is being the capital of India and a seat of major companies and great institutes, is the most sought after destination for many people. Due to this ever-burgeoning population the property prices in Delhi and Delhi ncr are growing. Buying a property in Delhi is dream of every person working here. To cater the needs of wide variety of population Delhi property dealers are playing a major role. Whether you are interested in residential or commercial property a property dealer can help you to buy, sell or rent a property. Delhi property rates show a variation. Property price in Delhi varies for apartment, flats, land, individual house and this price also depends on area in which the property is. To serve public in better way Delhi Development Authority established housing program in 1968.

They allotted flats to public through lottery system to remove any corruption and discrepancy. Even for the convenience of public Delhi property search is available online as well. Most of the population of the capital falls in the middle class strata. To keep the demands and more importantly the budget of today's youth in mind the builders are interested to build well-furnished and fully equipped houses. Further to help people to buy property in Delhi and make their dream come true number of banks are offering home loans. Municipal Corporation Delhi (MCD) has reduced the tension of public after buying a property in Delhi the Municipal Corporation Delhi (MCD) has started its online tax payment scheme. To have property for rent in Delhi is not that difficult task. As Delhi has people all over nation and world so different types of flats like LIG, MIG, HIG by DDA, floors by builders and even individual houses are available at different prices for rent. So with good management and thinking one can fulfill his dream of having property in Delhi.

Source:http://www.indiahousing.com/delhi/buy-sell-rent-2bhk-flats-apartments-in-delhi.html

DDA Housing Result

नई दिल्लीः डीडीए की हाउसिंग स्कीम का ड्रॉ निकल चुका है। 5010 लोगों को डीडीए फ्लैट्स मिलेंगे। लेकिन डी डीए की वेबसाइट न खुलने का कारण बहुत से लोग अब तक भी नतीजे नहीं देख पाए हैं। हम आपके लिए पूरा रिजल्ट ले आए हैं। नीचे दिए गए लिंक पर क्लिक करें।

कैसे देखें रिजल्ट

ड्रॉ का रिजल्ट देखने के लिए यहां क्लिक करें।

जब आप यहां क्लिक करेंगे तो आपके सामने एक PDF फाइल खुलेगी। इस फाइल के खुलने के बाद आप अपने कीबोर्ड पर CTRL F दबाएं। आपके सामने एक छोटी सी सर्च विंडो खुल जाएगी। इसमें आप अपना नाम या फॉर्म ऐप्लिकेशन नंबर डालें।

अगर आप अपना नाम डालते हैं , तो एक नाम हाइलाइट हो जाएगा। लेकिन हो सकता है यह आपका नाम न हो , आपका कोई हमनाम हो। इसलिए next पर क्लिक करें और करते रहें। इस तरह आपको बारी-बारी से हर नाम हाइलाइटेड दिखाई देगा।

Source: http://navbharattimes.indiatimes.com/articleshow/3847330.cms

Dream home for few, others wait

NEW DELHI: A 28-minute computerized lucky draw held on Tuesday ended the over three-month long wait of 5.67 lakh Delhiites for a DDA flat in the capital. Most of them were, of course, disappointed.

Though initially, the total number of flats up for allotment was 5,010, it was revised to 5,238. But, only a little over 1% of the applicants could smile at the end of the day.

According to DDA spokesperson Neemo Dhar, the draw for 5,66,906 eligible applicants was held in front of four judges and the results were being uploaded on the Authority's website besides being displayed at its headquarters, Vikas Sadan.

The flats are priced at almost half their market price, ranging from Rs 7 lakh to Rs 77 lakh. Many of them are in the city's most sought after colonies like Dwarka, Rohini and Vasant Kunj besides Motia Khan, Narela, Pitampura, Paschim Vihar, Shalimar Bagh, Dilshad Garden and Lok Nayak Puram. These include one-bedroom, two-bedroom and three-bedroom flats.

According to DDA sources, about 60% of these flats are new constructions and the rest include flats that were either allotted to the government and have now been vacated or those which have been surrendered owing to non-payment by the allottee. About 286 flats are expandable and their owners would be allowed to construct up to two storeys, sources said.

Though the spokesperson did not specify the number of flats allotted to different categories of applicants, she said 17.5% of the flats in the draw were reserved for SCs against 37,741 eligible applicants. About 7.5% flats were reserved for STs 9,147. She added the successful applicants would receive an official letter from DDA by December 30 and they have to deposit the full amount in the next 60 days. "We will give some grace time if the applicant seeks so,'' she said, adding that the Authority would refund the cheque to the applicants who weren't allotted a flat by this month-end.

The DDA would give two days to applicants whose applications don't show up on the website to get the error rectified. A majority of the applicants had made the initial payment of Rs 1.5 lakh availing the offer by banks required at the time of submission of the form. They had to make a one-time payment of a little over Rs 5,000 and this amount included the interest on the amount for the period till the result of the draw was out. Hence, all those didn't make it will lose Rs 5,000.

Although as per the DDA sale document, the Authority would also publish a waiting list of 200 applicants, officials preferred to avoid any question on this issue.

The atmosphere at Vikas Sadan was tense throughout the day as desperate applicants planted themselves at the DDA office early in the day. Extra security guards could be seen deployed to manage the swelling crowd. When the list was finally put up around 2 pm, it caused a mini-stampede in the office as hundreds jostled for a close look. For many, it took over an hour just to get a glimpse of the list as many applicants scanned the list several times to ensure they hadn't missed anything.

Since there was only one LCD screen to telecast the draw live, people gathered outside started shouting slogans against the DDA and raised questions on the transparency of the draw.

Source: http://timesofindia.indiatimes.com/Cities/Delhi/Dream_home_for_few_others_wait/articleshow/3847941.cms

DDA amasses over Rs 120 cr in interest

NEW DELHI: Finally, after a tense three-month wait, results of Delhi's Great Housing Lottery are out. The Delhi Development Authority (DDA) has selected the winners who would be eligible to buy its flats. The odds were tough over 5,60,000 families had applied for 5,020 flats, about 112 applicants per flat. And, without selling even a single flat, DDA has already raked in a profit of a cool Rs 120-Rs 200 crore.

DDA sold 12.64 lakh application forms for Rs 100 each, netting Rs 12.64 crore. Less than half could finally apply given the steep application fees of Rs 1.5 lakh. Yet, roughly every seventh household in Delhi had applied.

So, the DDA ended up with about Rs 7,680 crore in its coffers. This whopping amount has gathered interest for three months. At a conservative 6% per year, that would be about Rs 115 crore, and at 10% it would be touching Rs 200 crore. Barring the 5,020 lucky families, the rest would get back their Rs 1.5 lakh. But DDA keeps the interest Rs 120 crore to Rs 200 crore.

But all this is just the tip of the iceberg. The real question is: Why is there such a mad rush for a mere 5,020 flats in a metropolis of 1.7 crore people? According to the 2001 Census, there was a net shortage of over four lakh homes in the Capital, consisting of 1 lakh families sharing the roof with other families, and another 3 lakh that lived in unserviceable, kuchcha houses.

Besides this, an estimated quarter of Delhi's population stays in rented accommodation. All told, therefore, about 11.5 lakh households needed modern housing. And this was 7 years ago, the situation would be worse today.

It is this mismatch of demand and supply that accounts for the mad scramble for every DDA offer. Homes offered by private builders are unaffordable for most middle class families, leave aside the poor. DDA should have taken care of this as it was created for this purpose. But its sub-par performance over decades has contributed to the housing shortage.

Rahul Gupta registered for DDA's Rohini scheme back in 1981. He, and many others, have still not got plots. There are about 25,000 such persons awaiting allotment of plots for the past 27 years, he laments.

DDA has sold just 3.7 lakh flats in the past 40 years. According to the Annual Administrative Reports of DDA for the years between 2002-03 and 2006-07, its spending on construction of flats and shops declined from about 5% to a measly 1% of its total annual expenditure. It spent about Rs 1,500 crore on construction of houses and shops, and raked in over Rs 2,289 crore from their sale.

DDA's real focus was on land. It bought land for Rs 2,616 crore and netted over Rs 10,155 crore by selling it off to various building agencies like group housing societies. Its income from sale of land has shot up from about 7% to 18% of its total income.

In case you think the DDA might not have the cash needed to build flats, consider this: it earned over Rs 16,383 crore in the past five years from its investments in securities and bonds. Such earnings have gone up from about 23% of its total income in 2002-03 to over 32% in 2006-07. Its total receipts have zoomed up from Rs 6,383 crore in 2002-03 to over Rs 22,394 crore last year, an increase of over 250%.

Experts feel that in the coming days, with huge land development by private builders proposed under the new master plan, DDA's role in affordable housing may shrink further. But since most land in Delhi will pass through DDA's hands, it will still laugh all the way to the bank.

Source: http://timesofindia.indiatimes.com/Cities/DDA_amasses_Rs120cr_in_interest/articleshow/3847761.cms

DDA's dream home draw results to be out today

NEW DELHI: The fate of 5.67 lakh applicants, all hoping to win the opportunity to own a DDA flat, will be decided on Tuesday. The draw of lots for the 5,010 flats up for grabs will be held at noon.

In an attempt at transparency, the computerised random draw of lots will be carried out before a jury comprising senior bureaucrats, professors from IIT and experts from the media. The results will be available on the DDA website from 3 pm onwards and the results will also be published in some newspapers.

In a mad rush to own a home, the DDA offer of 5010 flats had attracted over 7.5 lakh buyers of application forms. About 5.67 lakh forms came back to DDA at the final count. Further, not too many forms were rejected after scrutiny.

Out of the 5,010 flats, 352 are three-bedroom units, 889 are two-bedroom ones, 3,231 are one bedroom flats, while 286 are expandable. In space-starved Delhi and amidst skyrocketing property prices, these flats will be available in areas like Vasant Kunj, Rohini, Dilshad Garden, Paschim Vihar, Motia Khan, Dwarka and Pitampura.

At a time when property prices and escalating EMIs have made the dream of owning a house in the Capital a distant one, these flats would cost anything between Rs 7.2 lakh and Rs 77 lakh.

According to DDA, 60% of these flats are new constructions. The rest include flats that were either allotted to the government and have now been vacated or the ones which have been surrendered owning to non-payment by the allottee. There are also those which were under construction for some time.

DDA Housing Scheme 2008 is the 43rd such scheme by the authority. The first housing scheme was launched by DDA in 1968. Then it was an open ended general scheme where the applicants were registered and as and when the flats were available, the DDA alloted them through a manual draw of lots. This general pattern continued till 1999 when the first one time scheme was launched wherein one time allotments were done and the unsuccessful registrants were returned their deposit. According to senior DDA officials in the housing department, the general scheme was discontinued as it was creating a backlog of pending registrants who were awaiting allotment for long.

Since 1999, DDA has been following the first one time allotment scheme. DDA has allotted 3,71,215 flats in all categories under the 42 schemes launched till 2007.

Source: http://timesofindia.indiatimes.com/Cities/Delhi/DDAs_dream_home_draw_results_to_be_out_today_/articleshow/3842583.cms

Another mega DDA scheme to offer 14,000 flats

NEW DELHI: If you fail to find your name in Tuesday's draw for allotment of 5,010 flats under the mega DDA scheme, don't lose heart. The housing agency is readying an even bigger project which will put a whopping 14,000 flats on offer across the city.

Having finally woken up to the acute housing shortage in the capital, DDA is in the process of constructing flats for all three income groups - high, middle and low - in places like Vasant Kunj, Dwarka, Rohini, Jasola, Narela and Pitampura.

Sources said the upcoming DDA project will deliver around 3,150 flats for the high-income group, around 770 for middle-income group, 8,000 for low-income and 2,000 for economically weaker sections.

Approximately 3,600 of these flats will come up in Vasant Kunj and around 2,100 in Dwarka, a DDA official said. Close to 800 HIG and MIG apartments are also being constructed in localities like Pitampura, Mukherjee Nagar and Motia Khan.

The scheme, likely to be announced by 2010-end, will be another chance for people to own a house in the capital at rates cheaper than those offered by private builders.

Urban development minister S Jaipal Reddy has been pushing the government agency to build more flats to meet the huge demand-supply gap in housing in the capital and has also been urging private builders to focus on affordable housing.

At the recent economic editors conference, Reddy had argued that private builders should "give up their idea of fancy apartments" and instead cater to the huge middle-class demand for affordable housing.

"There is a silver lining to this slowdown. Prices of urban land, which had shot up, have come down. It is time for entrepreneurs to go for low-cost and middle-class housing projects," he had said.

DDA, often criticized for neglecting weaker sections, is constructing houses in Rohini and Jasola mostly for these groups. An official said the agency would deliver around 4,500 LIG apartments in Rohini, 1,400 in Vasant Kunj, 750 in Dwarka and around 2,900 flats for LIG and EWS category in Jasola, Kondli and Molarbandh.

Although these flats will be costlier the earlier ones, the rates will be much less than what private builders and developers charge in the NCR, a DDA official said.

As the number of applications are likely to be more than the housing stock, the allottees would be selected through a draw of lots.

In the housing scheme launched by DDA in August, for which the draw will be held on Tuesday, around 5.12 lakh forms were submitted for about 5,010 ready-to-move flats in various localities. The scheme was launched after a gap of two years.

Source: http://timesofindia.indiatimes.com/Cities/Another_mega_DDA_scheme_to_offer_14000_flats/articleshow/3843003.cms

Another mega DDA scheme to offer 14,000 flats

NEW DELHI: If you fail to find your name in Tuesday's draw for allotment of 5,010 flats under the mega DDA scheme, don't lose heart. The housing agency is readying an even bigger project which will put a whopping 14,000 flats on offer across the city.

Having finally woken up to the acute housing shortage in the capital, DDA is in the process of constructing flats for all three income groups - high, middle and low - in places like Vasant Kunj, Dwarka, Rohini, Jasola, Narela and Pitampura.

Sources said the upcoming DDA project will deliver around 3,150 flats for the high-income group, around 770 for middle-income group, 8,000 for low-income and 2,000 for economically weaker sections.

Approximately 3,600 of these flats will come up in Vasant Kunj and around 2,100 in Dwarka, a DDA official said. Close to 800 HIG and MIG apartments are also being constructed in localities like Pitampura, Mukherjee Nagar and Motia Khan.

The scheme, likely to be announced by 2010-end, will be another chance for people to own a house in the capital at rates cheaper than those offered by private builders.

Urban development minister S Jaipal Reddy has been pushing the government agency to build more flats to meet the huge demand-supply gap in housing in the capital and has also been urging private builders to focus on affordable housing.

At the recent economic editors conference, Reddy had argued that private builders should "give up their idea of fancy apartments" and instead cater to the huge middle-class demand for affordable housing.

"There is a silver lining to this slowdown. Prices of urban land, which had shot up, have come down. It is time for entrepreneurs to go for low-cost and middle-class housing projects," he had said.

DDA, often criticized for neglecting weaker sections, is constructing houses in Rohini and Jasola mostly for these groups. An official said the agency would deliver around 4,500 LIG apartments in Rohini, 1,400 in Vasant Kunj, 750 in Dwarka and around 2,900 flats for LIG and EWS category in Jasola, Kondli and Molarbandh.

Although these flats will be costlier the earlier ones, the rates will be much less than what private builders and developers charge in the NCR, a DDA official said.

As the number of applications are likely to be more than the housing stock, the allottees would be selected through a draw of lots.

In the housing scheme launched by DDA in August, for which the draw will be held on Tuesday, around 5.12 lakh forms were submitted for about 5,010 ready-to-move flats in various localities. The scheme was launched after a gap of two years.

Source: http://timesofindia.indiatimes.com/Cities/Another_mega_DDA_scheme_to_offer_14000_flats/articleshow/3843003.cms

KMDA - Kolkata Metropolitan Development Area

KMDA was formed under a Presidential Ordinance in 1970. It is responsible for planning, promoting and developing Kolkata Metropolitan Area. It develops new areas and townships. Apart from this it provides facilities like water, drainage and waste management. KMDA is also the Technical Secretariat to Kolkata Metropolitan Planning Committee (KMPC).

Real Estate and Area Development Projects by KMDA

KMDA is a housing development authority and undertakes housing development through out Kolkata. It provides houses to different strata of classes according to their need and budget. In last five years it has completed 10 housing projects worth Rs 140.61 crore and work on 8 projects is in progress. Some of the housing projects undertaken by KMDA are:


Barrackpore Housing (Phase-II)
VAMBAY (Valmiki Ambedkar Awas Yojana)
Purba Housing
Baishnabghata-Patuli Township Area
GL Block Housing Complex

Infrastructure Projects by KMDA

From past thirty years Kolkata Metropolitan Development Authority has been successfully planning and developing the urban infrastructure within Kolkata Metropolitan Area. The infrastructure projects undertaken by KMDA cover the areas like water supply, sewerage, sanitation, traffic, transportation etc.

CMDA - Chennai Metropolitan Development Authority

Chennai Metropolitan Development Authority is a planning authority which was constituted under the Tamil Nadu Town and Country Planning Act in 1971. The organisation's aim is to develop a "better Chennai". CMDA plays a major role in development of the Chennai Metropolitan Area, with the help of consultations and establishment of effective development plans.

The Chennai Metropolitan Area consists of 306 villages, 28 Town Panchayats and 8 Municipalities among others. Supervision and management of projects operated through non governmental and government organizations.

The urban development projects used innovation strategy and catered for environment improvement (quality) as well. Public awareness and knowledge was also passed on by CMDA. CMDA advised the public about disadvantages of illegal and unauthorized transactions .

Projects

Some of the projects undertaken by CMDA are:
Outer ring road from Vandalur to Minjur
Traffic action plan
Urban Development Gallery
Detailed Development Plan For Chennai Metropolitan Area
Critical Road Widening And Container Terminal Study

Source: http://www.indiahousing.com/authorities/cmda.html

BDA - Bangalore Development Authority

Bangalore Development Authority or BDA instigated operations on 6th January 1976 under the BDA Act 1976. BDA amalgamated the developmental duties of Bangalore City Planning Authority and City Improvement Trust Board (CITB). The BDA undertakes various housing projects, plans development of the infrastructure facilities for Bangalore city, recognizes newer sites available for developmental projects. The main objective of BDA Bangalore is to attain a continuous, well-planned and sustained growth of the city.

Since its incorporation, Bangalore Development Authority BDA has alloted 76,000 sites to individuals and various builders for construction of mass residential properties in Bangalore . Along with these over 800 sites have been alloted to various public utility boards in Bangalore for development of adequate civic amenities. Timely recognition of new sites for constructions and announcing their auctions and subsequent allotments is enacted in continuum through various BDA projects.

The dedicated departments of Bangalore Development Authority undertaking individual developmental works include:

Engineering Department BDA: It is associated with designing the basic layouts of Banashankari extension project, Shri M. Visveswaraiahnagar, Arkavathi Nagar, Ananda Rao Circle Flyover and Bangalore city Ring Road.

BDA Town Planning Department: This department undertakes planning of mammoth tasks like green belts in the city, land prices, water supply, transport infrastructure, population and social index, urban fabrics etc.

Land Acquisition Department: This department is responsible to acquire the required land for construction of any project planned in that area from the concerned owner or occupant in Bangalore.



Finance Department: The financing arrangements and managing the available financial resources and division for various projects undertaken is the task handled by this department.

Law Department: They look after the legal formalities of any sale, purchase or auction of the land under the jurisdiction of BDA Bangalore and also the legal formalities related to the projects undertaken.

General Allotment Department of BDA: The allotment of the various sites auctioned by narrowing down to the most deserving public utility board depending on the location and size of the site is done by this department.

Public Relations: Being the central development authority for a fast developing Tier I city like Bangalore, BDA has to maintain a dedicated Public Relations wing to attend to any PR subject.

Environment and Horticulture: Development and maintenance of regional and district parks, lakes construction and desilting of existing ones, horticulture grounds etc.

Through effective functioning of all these departments in perfect mutual synchronization has helped BDA in developing a dream city housing top most IT giants and Corporate houses along with world-class residential complexes. Integrated Urban Environment Improvement Project (IUEIP) by BDA Bangalore has helped preserve the scenic beauty of the city with ample green stretches to refresh the people. For further information on other past or upcoming BDA Projects, refer to the official BDA website.

Contact Details:

Address:
Bangalore Development Authority,
T. Chowdiah Road,
Kumarpark West,
Bangalore - 560020
E-mail: info@bdabangalore.org
Website: www.bdabangalore.org

Source: http://www.indiahousing.com/authorities/bda.html

MMRDA - Mumbai Metropolitan Region Development Authority

Mumbai Metropolitan Region Development Authority was set on 26 th January 1975 with a view to plan and carry out development activities in Mumbai. MMRDA was set up under the Mumbai Metropolitan Region Development Authority Act, 1974 Government of Maharashtra. The development strategies of MMRDA expand to sectors like housing, water supply, transport, ecological balance and the likes. As an apex body for the development of Mumbai in all sectors, it has the sole authority over the formulation of policies and preparation of plans for a key project. New growth centers are developed through these key projects under the careful monitoring of the authority. Sometimes, MMRDA itself implement the project taking into account its particular significance.

Mission
Their main aim is to achieve a balanced development in Mumbai. For this they follow certain strategies such as preparation of upcoming projects, endorsement of alternative growth centers, strengthening of infrastructure finance and provision of development finance. In order to put these strategies into practice MMRDA prepares plans, devise certain policies and directs investment in the region

Projects
Bombay Urban Transport Project (BUTP)
It was started in 1997 and completed in 1984. Under this project five fly-overs bus depots wers construted. Apart from this 700 buses were provide and new bus shelters and Hi-Tech traffic signals were installed.

Mumbai Urban Development Project (MUDP)
Under this project 35,000 slum households in Greater Mumbai was provided with better amenities and provision of water supply and storm water drainage were also undertaken.
Some of the other major projects undertaken by MMRDA is:

Shifting of Wholesale Markets from South Mumbai
Wadala Truck Terminal
Mahim Nature Project
Mumbai Urban Transport Project

Contact Details
Address:
Bandra - Kurla Complex,
East, Mumbai - 400 051, India
Phone: 91 22 26590001 -26590008 (8 lines)
Fax: 91 22 26591264
E-mail: mmrda@giasbm01.vsnl.net.in

For further information visit their website: www.mmrdamumbai.org

Source: http://www.indiahousing.com/authorities/mmrda.html

DDA- Delhi Development Authority

DDA - Delhi Development Authority instigated operations in 1957 under the Delhi Development Act for a well-planned, orderly and swift development of Delhi into a capital city in its true sense. The biggest challenge in front of the Ministry of Urban Development Delhi has always been to provide adequate residential and commercial infrastructure facilities to over 11 million people in the city.

This metro and Capital of India has been attracting large number of immigrants from the neighboring cities and states and provided an accommodating atmosphere to all. The credit of this largely goes to the Housing Development Authority or DDA. Starting from the basic plan of Delhi by the legendary Edward Lutyens and Herbert Baker, DDA Regional Housing Authority had the challenge to develop a pre-painted canvas into a beautiful artifact that New Delhi surely is with plenty room for all and more to come.

DDA Master Plans:

The DDA Master Plan was formed in 1962 to ensure an organized and structured development of New Delhi. This included recognizing of new land that can be developed into residential properties and make self-contained colonies by providing ample commercial office and retail complexes as well. The DDA Masterplan was revised in 1982 to formulate the Master Plan 2001 and then re-revised in 2007 to form the Delhi Master Plan 2021.It lays down the basic infrastructure requirements for a city estimated to have a population of 128 Lakhs.

Besides the Master Plan, DDA formulates Zonal Plans, Action Area Plans, Urban Extension Projects etc. focusing on particular areas. The spheres covered include residential Housing schemes, commercial complexes and office spaces, land development, recognition and preservation of unknown heritage sites in Delhi, sports complexes, play grounds, Multi-facility Gyms, Golf courses etc.

DDA Housing:

The development of Housing projects by DDA commenced in 1967 with construction of houses and providing the basic amenities like electricity, water supply, sewage disposal, and other infrastructure facilities. The new projects undertaken instigate with recognition of project sites, public announcement about the new DDA housing schemes in various categories through newspapers and other media advertisements, formal acceptance of the applications, a transparent draw system for shortlisting of the applicants and finally allotment of the property.

Some popular DDA Housing Schemes of the past include New Pattern Registration Scheme that offers home registration along with the property purchase, Janta Housing Registration Scheme that offers house registrations for the EWS (Economically Weaker Section) category and Ambedkar Awas Yojana that alloted Janta, LIG & MIG category flats to the SC/ ST registrants. The Residential land is alloted to individual applicants, the farmers whose land is acquired for development and group housing societies through public auction.

DDA Land Development:
The Delhi Development Authority acquires land for development in Delhi. So far, over 64354.88 acres of land has been acquired with successful development projects on 59504 acres and 30713.95 acres as residential land. Besides, the construction projects, DDA land development also includes providing a lush green belt and forest area for a clean and healthy environment by developing regional parks, neighborhood parks, district parks, play fields, and sports complexes.

DDA Commercial Properties:
DDA undertakes construction, development and maintenance of commercial properties like retail shops in local markets, shopping complexes, office complexes, make shift industrial set ups, hospitals, community halls, clubs, educational institutions, religious segregation centres etc. These properties are disposed through auctions or tenders.

DDA Sports Complexes:
Delhi Development Authority aims to provide an entire network of sports facilities through sports complexes, play fields, multi-facility gymnasiums and fitness centres, golf courses etc. DDA provides the basic infrastructure facilities, coaching through the top sports persons in India, providing stipend and kits and other facilities to identify and train budding sports talent in Delhi.

Besides this DDA also conducts various talent hunt schemes through its Sports Complexes in Dwarka, Saket, Hari Nagar and other areas. DDA Dwarka Sports Complex along with DDA Saket Sports Complex plans to host State Level tournaments to provide a platform to professional and amateur sports people to showcase their talent.

Contact Details
Address:
Delhi Development Authority
Vikas Sadan,
New Delhi – 110023
Phone: 011-2469 0431/35
Website: www.dda.org.in

Source: http://www.indiahousing.com/authorities/dda.html

Ministry of Urban Development

In the federal structure of the Indian polity, the matters pertaining to the housing and urban development have been assigned by the Constitution of India to the State Governments. The Constitutions (74th Amendment) Act have further delegated many of these functions to the urban local bodies. The constitutional and legal authority of the Govt. of India is limited only to Delhi and other Union Territories and to the subject which State Legislatures authorise the Union Parliament to legislate.

Website: www.urbanindia.nic.in

Housing Authorities in India

Housing Authorities in India are solely responsible for the rapid development of India real estate market . Formed under the Ministry of Urban Development, there are regional housing authorities at state and city level with pre-determined areas under jurisdiction. There are Metropolitan development agencies active in the metro cities like Delhi, Mumbai, Kolkata, Chennai and urban cities like Bangalore, Hyderabad, Pune, Noida, Gurgaon, Ghaziabad, etc. These undertake the mammoth task of providing adequate infrastructure facilities to the masses.

Any housing authority in India has to draft a development plan called Master Plan for their city that declares the development plans and objectives set forth by the regional housing authority. The implementation of these plans in an efficient and judicious way has enable the regional housing authorities in developing entirely global cities like Noida , Navi Mumbai etc. Special housing schemes are rendered for the Lower income groups (LIG), economically weaker sections (EWS) and the middle income groups (MIG).

As the property in India is being developed in a well-planned way utilizing the available resources including land and infrastructure facilities in the most optimal manner, there is a general stir of curious interest among the NRI investors for major real estate investments in India . This also forced the Government of India to relax the restrictions earlier imposed on FDI (Foreign Direct Investments) in the real estate sector in India.

We have created comprehensive database of the top listed regional housing authorities in India working under the Ministry of Urban Development India. We give you information regarding the significance and past, present or upcoming projects by each Housing Authority in India. Just browse through our dedicated pages on each and get a detailed profile of these Metropolitan Development Agencies in India.

Source: http://www.indiahousing.com/authorities/