Delhi-NCR
After it was established that a stable government would come to power, real estate experts opined that private equity investment in Delhi-NCR is expected to rise by as much as 50%. Although the real estate investment climate has remained dim for a long time, it’s expected that this scenario will change drastically post-election. Officiating president [...] Continue Reading »
Among the prominent localities of west Delhi, Rohini is a region mainly comprising lower income group and middle income group DDA (Delhi Development Authority) flats. Divided into regions, this locality comprises sectors, some of the popular ones being Sector-5, Sector-7, Sector-9, and Sector-13. The rent rates in almost all sectors are very cheap in comparison [...] Continue Reading »
In the wake of the looming exhaustion of development potential in the sprawling suburban areas of Noida, Gurgaon, and Ghaziabad, real estate action is increasing shifting to some new emerging corridors in the Delhi-NCR region. The growth of satellite towns as well as other suburban areas of the NCR region is essentially an upshot of [...] Continue Reading »
With a new generation of moneyed professionals in the BPO and IT sectors apparently looking for upscale residential complexes in Gurgaon, the developing sectors of New Gurgaon and National Highway 8 (NH-8) have become prime locations for most developers. Given the ever-increasing purchasing power of the new generation of wealthy professionals, the residential properties in [...] Continue Reading »
An official release issued here said. A decision to this effect was taken at a meeting of the state Cabinet here today, It said The Central government has given in principle approval for the project. It said the Badarpur-Faridabad Metro line upto YMCA chowk is likely to be completed by September 2014. A sum of [...] Continue Reading »
The Delhi Metro Rail Corporation (DMRC) is planning to run trains at a higher average speed of 40-45 km per hour on the approved extension from Noida City Centre to Bodaki village. The line , which will run along the Noida-Greater Noida expressway, is slated to be completed by 2017, DMRC officials said. An official [...] Continue Reading »
To address the discrepancies in the existing setup and to generate more revenue, the Delhi Government’s Revenue Department is mulling a proposal for re-categorisation of colonies and revise circle rates. The sources said “The discrepancies will be removed this time to generate more revenue from circle rate.” Top sources said the committee on circle rate [...] Continue Reading »
The official said the detailed project report (DPR) for the extension will be ready in another six months, a senior official of the Haryana government said. Once the DPR is ready, the Haryana government will approach the Centre for project approval. It will run alongside the northern and the southern peripheral roads, which are around [...] Continue Reading »
The industry authority, HSIIDC, has recently put together a road layout plan for this newly acquired development land, which will connect parts of Phase V with the rest of the township.The newest industrial pocket of IMT Manesar – Phase V – is now being readied for fresh development activity lined up for the coming years. [...] Continue Reading »
The new rates are likely to be effective from next month. According to sources, the Noida Authority proposes to hike the land allotment rate of residential and commercial properties by 15% and industrial properties by 10%, respectively. Sources told sources the proposal is ready and will be tabled in the next board meeting of the [...] Continue Reading »
