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Price correction in realty sector in NCR.
Q: What is the impact of unsold property in NCR?

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Latest Answer: Hi Rahul Kumar, As of now, NCR real estate market is not showing much impressive or aggressive improvement. Somehow long term investment is a only option here but good time to buy though. Builders are forced to cut down apartment prices as the unsold stock is piling over. Without selling the previous stock, how come they launch new project? Is not it running the reputation of builders?
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Declining rental & capital value in DelhiNCR.
Q: As per the latest survey, I cam to know that DelhiNCR is showing declining trend in the first half of this year. Kindly discuss.

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current market condition
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rental values in delhi
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Latest Answer: As per the latest 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.
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DDA is planning to sell CWG premium flats.
Q: Why DDA is going to sell CWG flats at this point of time when real estate market is down ? Comment .

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Latest Answer: Hey Mr Raj Roy, Sources reveled poor people reaction is a setback for Delhi Development Authority, which as of late declared its first high end housing project in Dwarka location. It likewise plans to assemble 3 major transit oriented development projects in East Delhi as well as Dwarka. Every projects have housing as the principle component.
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Jewar Airport.
Q: Planning to set up a new airport in Delhi NCR. Will central govt approve this proposal ? Kindly discuss

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confederation of real estate developers
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cabinet approval
Latest Answer: Hey Mr Pranab, According to sources, Yamuna Expressway Industrial Development Authority (YEIDA) has sent a new proposition to civil aviation ministry saying that Jewar is a appropriate location for the second airport in the NCR. YEIDA has officially reserved more than 2500 ares of land in Jewar for this project as well as has also a proposition to augment Noida Metro line from Greater Noida to Jewar, a 48km passage with an investment of Rs 2000Cr.
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Delhi Municipal Corporation.
Q: Recently I heard from news that, DMC has increased the property tax. Kindly discuss about it.

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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 ?
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Update on Delhi Urban Development .
Q: Delhi Govt. is going to speed up registration of unauthorized colonies .

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housing schemes in delhi
Latest Answer: Hi Mr Nikhil, As I heard the news, Deputy Chief Minister Manish Sisodia declared the Delhi government will have concerted efforts to manage the issue of housing and accompany a slum development program. Government proposes to use the accessible supply of housing and empty lands for quick beginning a slum redevelopment program.
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Expectations from DelhiNCR real estate market.
Q: More developers will enter to the market in this financial year.

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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.
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What are driving property prices in Patparganj, Delhi ?
Q: Hey,
provide some information about locality price trend.

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transportation & connectivity
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Latest Answer: Hi Mr Jeet, According to me, this location is surrounded by many schools, banks & hospitals. Shakti Mukund Hospital, Max super specialty hospital & Mahadev Madhav Nidhi Charitable trust are some of reputed hospitals in this location. Many reputed banks are available in this location such as Corporation Bank, HDFC Bank, Allahabad Bank, ICICI Bank & Dena Bank. It is a nice ideal place for end users , having all amenities nearby.
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How is Uttam Nagar area from connectivity point of view?
Q: Guys,
I am a first time investor in this locality. Need to know about this location. Kindly share some information about it.

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infrastructural development in delhi
uttam nagar real estate
connectivity & transport
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Latest Answer: Hey Sameer Khan, Delhi Metro ( Noida City Center/ Dwarka Sector-21-Vaishali) begins from Dwarka associate Uttam Nagar to Connaught Place, followed by other major areas , for example, Vaishali , Noida, Anand Vihar ISBT and Pragati Maidan . Metro line is likewise stretched out to the Airport line running through Dwarka. This area has 4 unique metro stations near to it named as Dwarka Mod Nawada, Uttam Nagar West & Uttam Nagar East.
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Latest update in Transit Oriented Development (TOD) .
Q: What is the latest development towards TOD in Delhi?

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infrastructure development in delhi
current market scenario in delhi
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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.
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