Real Estate Forum on Current Market Scenario In Delhi

Latest Answer: Dear Investors @@@@@@@ I can see that there is much emphasis on investment in L zone and as the market is reverting to L zone this would be upcoming and best place to invest. Following are the key points which will give hype to the area : 1. Proximity to Airport 2. Proximity to Commercial Hub Gurgaon 3. Delhi Pincode 4. Diplomatic Enclave 5. Dwarka expressway 6. Close proximity to Existing metro station Dwarka 21 7. AIIMS 2 in vicinity 8. Well connected with upcoming Major roads. 9. Prices per square foot already reached to 10500 in Dwarka and 11000 in gurgaon Now things to keep in mind before investment: 1. Time frame for investment should me more than 5-7 Years 2. registerred society,check proper documentation and registry paper of land 3. Consult a reputed property consultant to save yourself from False commitments

Latest Answer: Hey Guys, As per my knowledge, the bench also asked status report from city government on for what reason such a step was taken & for whom. It likewise said that the circular is getting rid of the common man. While builders are profiting from this. What is the reason for executing such circular or order ?

Latest Answer: I completely agree with Nikhil Agarwal, Delhi NCR especially areas like Noida sector 144, sector 119 and areas surrounding these sectors are gaining huge response from both builders and investors. Some well-known builders Geoteck, Unnati Fortune Group and more are building some big projects that include residence, commercial and retail space.

Latest Answer: Hi Guys, As per the news, a drop in home deals has pushed developers inventory to untenable levels in the NCR of Delhi, making conditions at a genuine price correction that builders have so far evaded . There are approx 175,000 unsold apartment units in NCR and some are under construction. While deals have been on a slide in the majority of the big cities, the issue in the NCR is strange. High costs and huge sizes has pushed the majority of the apartment units past the range of average home purchasers.

Latest Answer: Sources uncovered that development or redevelopment in TOD zone will be supported by allowing essentially higher FAR (floor area ratio) of 400, which will allow vertical construction which is needed to solve this deficiency of land availability. These higher standards are only for plots of 1 hectare or more for which detailed plan must be arranged.

Latest Answer: Guys, truth be told, railways and civil aviation came in for extraordinary notice at a meeting met to survey and finish focuses for infrastructure sector with the street service offering to recompense contracts for the development of 10,000 km parkways, which will be a 25% increment contrasted with a year ago's 7,980 km.

Latest Answer: Hi Mr James, As per my insight, the National Capital Region includes Delhi, New Delhi, urban communities encompassing them in Haryana, Uttar Pradesh and Rajasthan. Its compass incorporates the Haryana Sub-Region with Faridabad and Gurgaon, which are the two most unmistakable regions here, with a ton of guarantee. At that point there is the UP sub-district that incorporates Ghaziabad, the Rajasthan sub-area and now UP needs Aligarh, Mathura and Agra to be incorporated in the NCR locale. The National Capital Region is the nation's biggest residential property market.

Latest Answer: Hi Raj, According to current business situation, purchasers are not coming in great numbers in the auxiliary business, however a few deals have been occurring. Costs have been stagnant for maybe a couple years or just peripheral uptake in particular areas. In the course of recent years, specialists have likewise gradually begun moving towards the auxiliary business sector.

Latest Answer: Hi Raj, As per my knowledge, the development authorities to have done as such are New Town Kolkata Development Authority, Chennai Metropolitan Development Authority, Haryana Urban Development Authority, Bhubaneswar Development Authority, Hyderabad Metropolitan Development Authority and Jaipur Development Authority. Supriyo further said that the Ministry of Urban Development has prompted the state governments to streamline the building authorization techniques to accord clearances in a month's opportunity.

Latest Answer: Hi Mr Raj, The Delhi NCR market, which is required to take over three years to pass its current lodging stock, has all of a sudden saw four project dispatches in the new money related year from organizations like Supertech, M3M India and Mahindra Lifespaces in Gurgaon, and Mahagun in Noida, with numerous others in the pipeline.