Delhi-NCR
The three municipal corporations of Delhi have collected crores of rupees through property tax this financial year. East Delhi Municipal Corporation has collected Rs 140 crore and has been rated as the highest. There were 2,10,837 tax payers this year whereas, last year, the number of tax payers was 2,04,117. A corporation official said that [...] Continue Reading »
Delhi: The recent CAG of India report criticized about the inability of the government in rise in cost and non-completion of infrastructure projects, particularly in providing low-cost housing. Many projects had been announced under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) to provide housing for the poor. Despite getting a year’s extension, most of [...] Continue Reading »
Noida has been in the spotlight due to its drastic and sudden improvement in the residential and commercial real estate area. Billboards and newspaper advertisements has driven the interest of many buyers from Delhi-NCR region. A real estate broker said that Yamuna expressway and the surrounding areas are the best to invest currently. He said [...] Continue Reading »
A decision on the draft law to set up a regulator for realty sector with provisions for jail term for the builders who put out misleading advertisements of projects has been deferred by the Union Cabinet. This regulator also made compulsory that all the developers who want to launch projects can only get the approval [...] Continue Reading »
As per a new construction technology, panels made of gypsum reinforced with glass fibre can be used as load-bearing walls replacing brick in a multi-storied building. They can also be used as floor/roof in place of reinforced cement concrete (RCC) slab and these slabs are earthquake resistant too. Rapidwall Building Systems, Australia, has developed a [...] Continue Reading »
Paras Tierea is a new residential project by Paras Buildtech which is coming up in Noida expressway. This project is located at sector 137 Noida expressway, which is one of the hottest investment destinations presently. The project offers 3 BHK apartments and Paras Buildtech has thoughtfully designed the apartments to ensure the comfort level of [...] Continue Reading »
In a move to bring in great relief for thousands of owners of Delhi Development Authority (DDA) flats, the properties registered between 2001 and 2011 on general power of attorney (GPA) and agreement to sell (AS) will be entitles for conversion. Transferring from leasehold to freehold that were registered on GPA and AS from 2001 [...] Continue Reading »
Delhi- Besides slowdown of economy, overflow of new residential properties in South Delhi has been hampering the real estate growth of the city. Sluggishness in the market is forcing some of the developers to sell apartments at discounted rates. Property prices are stagnating and in colonies like Saket and Greater Kailash, apartments are being sold [...] Continue Reading »
Noida- The Uttar Pradesh government is all set to announce projects worth Rs 3,300 crore for the development of Noida, a city in India under the management of the New Okhla Industrial Development Authority. Uttar Pradesh Chief Minister Akhilesh Yadav has approved the slew of projects in Noida, Greater Noida and the Yamuna Expressway. The [...] Continue Reading »
After a long pause, the work on all the four Metro projects in Gautam Budh Nagar district is expected to resume in May this year. The work was stopped for several months due to various reasons. As per some reports, Noida authority officials have taken this matter seriously and is working hard to complete all [...] Continue Reading »
