How is the current real estate market in Delhi-NCR?

Q: I want to know about the current real estate scenario in NCR.. In which areas are majority of projects coming up? And where are the investors heading towards?

Ranjith, Bangalore

18th April 2013

Real estate News in Delhi

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According to sources, the old sectors like sector 1 to sector 57 be given over to MCG at the soonest for the maintenance purposes, so that HUDA can concentrate on the new sectors development. Anita Yadav recommended that for the new sectors, an moderate policy be encircled by the government for requiring of maintenance charges.

Samar, Gurgaon

8th September 2015

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As per news, for the new sectors, another strategy(new policy) may be encircled to collect maintenance charges of Rs 200 to Rs 2,000 as indicated by the span of the plot/building, with a yearly increment of 10% for giving services to the residents. Individuals are paying the charges yet somehow are not able to get the essential services. This new policy will help utilizing the money in sector improvement & public utility services.

Veena K,

9th September 2015

Hi Guys,
According to the news, HUDA is so busy in the maintenance work of old sectors that it is influencing the improvement of new sectors. Since the procedure of giving over old sectors to the MCG has effectively begun, Anita Yadav have recommended that a new policy for requiring maintenance charges be contrived for the new sectors.

Sujan Mitra,

10th September 2015

Hi Guys,
As per the latest news, administrator of HUDA, Anita Yadav has looked for another effective policy for collecting the maintenance charges from the new sectors 58 to sector 115 and the giving over of upkeep services of every single old sector from 1 to 57 to the MCG be sped up.

Samar, Gurgaon

8th September 2015

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Hi All,
According to sources, in a letter to the Chandigarh honorable chief administrator, the administrator of HUDA has looked for that maintenance charges for sectors 58 to 115 be paid to HUDA, along with property tax to the MCG, like how people in colonized territories need to pay maintenance to the developer.

Niraj Shukla, Gurgaon

8th September 2015

Hi Guys,
It is also heard that, honorable administrator Anita Yadav, in her letter sent to chief administrator Brijendra Singh, declared that after the initial assignment of residential sectors by HUDA, an enormous amount/expenses was brought about for maintenance of public utilities like roads, sanitation, water supply as well as sewerage services.

anurag dubey,

8th September 2015

As per sources, Crores & crores money has been paid by HUDA for the maintenance of sectors for the last 15-20 years. Then again, the MCG is charging house tax from inhabitants of HUDA sectors, since origin, yet is not utilizing the same for maintenance of HUDA sectors. Comparatively, HUDA is being loaded with maintenance costs of the sectors.

Niraj Shukla, Gurgaon

8th September 2015

It is one of the upcoming project by DLF. King’s Court will comprise four and five bedroom- hall-kitchen apartments and townhouses in the range of Rs 5,000-7,000 a sq ft. Expected possession is within two years

Rajesh, Delhi-NCR

3rd July 2013

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It is said that it is just the beginning of the development in the Delhi realty market. With zonal plans in the making under the Delhi Master Plan 2021. Moreover developers have already started buying huge land parcels across the city.

N.Mathur, Delhi-NCR

3rd July 2013

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Any information about DLF's King's Court? What kind of configuration they will be offering and when the project will get completed?

Himangi deshmukh, Delhi-NCR

3rd July 2013

Godrej Properties has announced a luxury residential project in Okhla. Another developer, M2K is coming up with a residential project near Model Town and DLF is constructing King’s Court at Greater Kailash II (GK-II). Parsvnath Developers has plans of building a retail-cum-office complex at Kasturba Gandhi Marg in the city.

Huda Ali, Delhi-NCR

3rd July 2013

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DLF has already built a luxury project in GK-II, Queen’s Court, and is in the process of giving possession

Jay, Delhi-NCR

3rd July 2013

Can I get some information about the project Queen's Court?

Farhan Iqbal, Delhi-NCR

3rd July 2013

It had 19 homes which have been sold out and only two penthouses are left. The units are priced at Rs 5,500-9,000 a sq ft.

Pavan Jain, Delhi-NCR

3rd July 2013

Delhi is again emerging as a major real estate destination. Developers are not only anoucing a mass of project but also precious chunks of vacant land, a scare commodity in the city are under process of being released too.

Sanjay Gupta, Delhi-NCR

3rd July 2013

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What are the upcoming projects in Delhi?

Farhan Iqbal, Delhi-NCR

3rd July 2013

Number of new launches in Delhi-NCR have also come down drastically. Around 31% fall has been observed in the new home launches in NCR at 33,500 units during the second half of 2012-13 fiscal compared with the year-ago period, while sales fell by 12 percent to 33,200 units in the review period.

Balwinder Singh,

25th April 2013

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Ranjith, a total of 5.2 lakh residential units are under construction in Delhi-NCR of which around 1.4 lakh are lying unsold due to decreasing demand. I hope the prices would come down if the situation continues. And then you can buy at lesser prices.

Joydeep D,

25th April 2013

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