Delhi-NCR
Gurgaon- With property prices increasing rapidly in Gurgaon, buying a property in the city has become extremely difficult for buyers of low-income group (LIG). Gurgaon has emerged as a favourite destination of many property investors and real estate developers. In order to support developers in building more and more affordable housing units, the government of [...] Continue Reading »
New Delhi- Many developers in India have started to reduce the size of units in their projects in order to increase home sales. Without cutting the price per sq ft area, the developers are opting to cut the size of the units which seems to be based on the concept of “sachet marketing” adopted by [...] Continue Reading »
New Delhi: Realty developers are likely to seek finance ministry’s help against the proposed property tax to be imposed on property sales. The realtors are worried that the additional tax would curb the growth of the real estate sector which is already facing slowdown. By inserting Section 43CA in the Income Tax Act, the government [...] Continue Reading »
Delhi: The Delhi Development Authority (DDA) has approved the proposed ‘land pooling’ policy, presenting a new hope that would speed up the process of development of the nation’s capital. Ever since the implementation of the first Master Plan of Delhi 1961, the DDA started acquiring large chunks of land, develop residential or commercial properties on [...] Continue Reading »
A three-day international conference and exhibition took place in Delhi on ”Good Governance” regarding the challenges of rapid urbanization and expanding cities in order to provide enough space for the rapidly increasing population. The seminar was attended by many stakeholders and city developers from across the world. They shared their views on ways to build [...] Continue Reading »
North Delhi Municipal corporation has been carrying out an identification technique in order to register all the unregistered properties in the city. Around 60,000 new properties have been registered with NDMC under the tax net within the past one year. Soon tax defaulters will be sent notice by post by the municipal corporation. With the [...] Continue Reading »
Noida authority has decided to warn the “defaulter” developers, who have not paid the due amount for the land given to them for development. Noida and Greater Noida home-buyers need to be serious about the issue, as such developers will not be allowed to sublease or register flats in the favour of home-buyers. As per [...] Continue Reading »
The detailed project report (DPR) of the proposed 2.7 km metro line connecting Noida’s Sector 62 to Indirapuram has been declared by the Ghaziabad Development Authority (GDA). According to the report, the estimated cost of the project is Rs 764 crore. Sources have reported that the UP government will have to bear Rs 371 crore [...] Continue Reading »
Commercial property located within a radius of one kilometre from any metro line in Delhi is likely to witness a hike in property tax very soon. The three new municipal corporation heads have given a positive nod for the move. Considering the assembly elections scheduled next year, residential properties will be excluded from the hike. [...] Continue Reading »
Cosmos Infraestate Pvt Ltd has launched its latest project “Cosmos Shivalik Homes” at Site-C Residential, Greater Noida. This project is a combination of luxurious and affordable housing with exclusive modern amenities. Cosmos Shivalik Homes is strategically located in Surajpur, Greater Noida. The support system of premium schools, affluent malls and enticing multiplexes make it an [...] Continue Reading »
