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Delhi-NCR

The Gurgaon Jaipur Highway Developer to be replaced soon

The Gurgaon Jaipur Highway Developer to be replaced soon
Because of the very poor performance, the Gurgaon Jaipur Highway will be replaced by the month of August. The Highway ministry officials mentioned that the government will take up the project from the developer just in case there is failure incurred on behalf of the bank to substitute the current contractor. In order to solve [...] Continue Reading »

30, 000 completed homes not handed over to the owners due to NGT’s order in NOIDA

30, 000 completed homes not handed over to the owners due to NGT’s order in NOIDA
There is some bad news for the developers in NOIDA as a National Green Tribunal(NGT) order is not allowing NOIDA Authority to handover completion certificates to projects within a 10-kilometre radius of the Okhla bird sanctuary. There are more than 30,000 completed homes lying in the inventory of the builders and they have lost Rs [...] Continue Reading »

New Gurgaon the next big destination for real estate development in NCR

New Gurgaon the next big destination for real estate development in NCR
With the toll for commuters between Delhi and Gurgaon having been discontinued, and with traffic on National Highway-8 having become much smoother, the realty sector in the NCR region is apparently looking towards its next big destination — New Gurgaon. There has been a substantial increase in demand for housing in the New Gurgaon areas [...] Continue Reading »

Four helpdesks launched by DDA as part of its ‘agenda for 100 days’

Four helpdesks launched by DDA as part of its ‘agenda for 100 days’
Last week, on June 6, the Delhi Development Authority (DDA) announced the launch of 4 helpdesks or Nagrik Suvidha Kendras in Delhi. The helpdesks were launched by the DDA as part of the ‘agenda for 100 days’ submitted before the UD ministry. The locations at which the 4 Nagrik Suvidha Kendras have been launched are: [...] Continue Reading »

Redevelopment of govt colonies likely to gather pace under new Government

Redevelopment of govt colonies likely to gather pace under new Government
With Prime Minister Narendra Modi-led new Government taking charge at the Centre, it is widely expected that the pace of revamp of government colonies in Delhi will apparently be accelerated. The speculations about a push to the development of government colonies by the new Government have prompted the National Buildings Construction Corporation (NBCC) to begin [...] Continue Reading »

Rental price and sale price of properties in the NCR remain stable in FY 14 and FY 15

Rental price and sale price of properties in the NCR remain stable in FY 14 and FY 15
As per the reports of the Leading real estate portal , the average housing prices remained stable in the national capital region (NCR) during January- March period compared with the previous quarter. This report has done a thorough analysis of the buying and rental price trends in the residential real estate sector across 7 major cities of [...] Continue Reading »

Land registered by Infosys in Sector number 85

Land registered by Infosys in Sector number 85
Infosys, also known as Infosys Technology formally is a leading multinational corporation which functions in India. It is an expert when it comes to providing consultations on matters of business, information technology, and software engineering as well as outsourcing services. The headquarters of this located in Bangalore of Karnataka and is third largest IT Company [...] Continue Reading »

Delay in Noida Flats because of National Green Tribunal

Delay in Noida Flats because of National Green Tribunal
There are currently around 20,000 buyers at Noida who are facing a delay in receiving the possession of their houses which have been completed. This is primarily because of the recent judgement by the Noida Green Tribunal which stopped Noida Authority from giving away any kind of certificate of completion for projects within about 10 [...] Continue Reading »

Circle Rates have been increased in Noida of Ghaziabad

Circle Rates have been increased in Noida of Ghaziabad
Because of the sudden increase in the rates of land allotment in Noida, the UP stamp along with the registry department are now ready to increase all circle rates in Noida, Greater Noida and Ghaziabad. From the 1st of August, the circle rates which have been revised will be implemented in Gautam Budh Nagar and [...] Continue Reading »

Developers in Delhi & NCR region seek clarity on UP Apartment Act

Developers in Delhi & NCR region seek clarity on UP Apartment Act
Real estate developers in the Delhi & NCR region have sought clarity on the UP Apartment Act, despite the fact that a Monday-released notification of the Act empowered apartment buyers in Noida and Greater Noida. Developers are of the opinion that the Apartment Act requires some fine tuning so that there is no impact on [...] Continue Reading »



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