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Real Estate Forum on New Delhi

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: National Buildings Construction Corporation Ltd. is aiming to increase its order book from Rs.17000 to around Rs.1 lakh by the end of 2020.
Latest Answer: Great job. NBCC is turning out to a Blue Chip from amonst the PSU companies. Hope other PSU learn from this too. Govt. should also promote some more companies like NBCC and put a strict eye on the private builders.
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Q: New Home Launches down by 14% in the Delhi-NCR market during last year to nearly 23000 units due to slowdown in demand.
Latest Answer: It's true Mukhesh, Noida Expressway is fast emerging as a mid-segment residential destination with presence of basic infrastructure which attracts end-users, while Noida Extension has established itself as the affordable residential region in Delhi-NCR with one of the lowest capital values.
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Q: Housing prices in Delhi-NCR rose by an avg. 3% during last Qtr. 2014 compared to the previous Qtr. as property market showed some signs of improvement,

Latest Answer: But you look at the Bhiwadi which suffered due to the overall drop in Delhi-NCR in July-September 2014, grew by 5% in October- December 2014. These all date indicates that the realty market in Delhi-NCR is increasing.
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Q: The Supreme Court has directed the Centre to make sure that all real estate projects launched in the country elegantly set out the earthquake-resistant category in which they fall.

Latest Answer: The NDMA, was claiming that these guidelines were prepared in 2010 and were still under discussion with the Reserve Bank of India. Even as per the existing consumer protection laws, this information needs to be spread to the population at large. It is not being done at the moment and neither is it being impose by the government.
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Q: Discuss about NDMC s proposal to revamp these two popular markets in New Delhi
Latest Answer: It's been over two years now and no update or news heard from NDMC on this matter.
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Q: Read news of NDMC adopting DDA land rates...what effect will it have?
Latest Answer: Hello, but to convert residential property, the rate is Rs 25,333 per sq metre as land rate. and NDMC will also allow the conversion of residential into commercial property in notified areas and the land rate Rs 89,000 per sq meter.
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Q: What are the new residentials zones in Delhi and are they inlcuded in Master Plan 2021
Latest Answer: Yes Sunil Govt have included them in the new master plan 2021. You can download the plan from DDA website also.. Noida, Gurgaon, Faridabad and Ghaziabad, and now extensions of all these cities came up and prospered due to lack of land in Delhi. With the new Master Plan having come into force, Delhi has now twice the amount of residential areas which it had earlier, and all of these areas are near to already established colonies/zones.
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Q: The Yamuna Expressway has a high rate of demand for residential complexes. Is there any new project coming up in the area?

Latest Answer: A new city named Orris Curio City is coming up in that area. Go for it as it will have the best returns. :)
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