Delhi-NCR
New-Delhi- Being a part of the most popular fashion weeks, wedding exhibitions and innovations, India is all set to host Real Estate Luxury Show (RLS India 2013), which is the first of its kind. This property show is expected to showcase the real estate properties by renowned builders. This property show will be held for two [...] Continue Reading »
New-Delhi- In order to boost the small and affordable housing units, the developers apex body CREDAI has demanded for an inclusive housing policy to the Finance Minister. They have further asked the Finance Minister to initiate the tax incentives which can make the realty sector a new growth of the Indian economy. CREDAI which presented [...] Continue Reading »
Keeping in mind the assembly elections, the Congress will be using development as their trump card to win third time consecutively. Thinking about the winning strategy, the Congress government had already announced new infrastructure projects, which might get completed by the elections or towards the end of it. According to Mr. Rajkumar Chauhan, Public Works [...] Continue Reading »
The Greater Noida and Yamuna Expressway authorities are promoting a residential area to develop 12000 flats, within a duration of two years. The authorities have already identified the project area and even the layout plan has also been sanctioned. Greater Noida will be having 7000 flats, while remaining 5000 flats will be developed at Yamuna [...] Continue Reading »
Lack of land availability and increasing demand for properties in prime city areas, developers are looking at redevelopment of old houses. It is usually a joint venture development wherein the developer signs an agreement with landowners, wherein the house owner will have the ownership of the plot while the builder develops an apartment complex on [...] Continue Reading »
A Delhi metro officials said that due to Republic Day Parade and Beating Retreat ceremony Delhi metro services will be partially restricted. For extra security, train schedules of Metro Line Two from HUDA City Centre to Jahangirpuri, Line Three from Dwarka Sector 21 to Noida City Centre, Line Four from Vaishali to Yamuna Bank, and [...] Continue Reading »
Delhi- The South Delhi Municipal Corporation has planned to build a new 5.5 km arterial road almost next to the Bus Rapid Transit corridor. The project cost is estimated to be around Rs 233 crore. It was envisaged to start in 2007 but failed to be executed. It also plans to create parking place for [...] Continue Reading »
Even though the stay imposed on usage of groundwater for construction activities in Noida and Greater Noida has not been withdrawn, National Green Tribunal has allowed the realtors to present information regarding their liabilities related to usage of underground water. Upon an application filed by developers, the tribunal allowed CREDAI to be impleaded as a party [...] Continue Reading »
New Delhi- Housing sector is likely to gain infrastructure status with the upcoming Budget. This will boost the sector by providing easy access to funds and consequently increasing the availability of houses. Infrastructure status for the housing is a long pending demand. In 2012, the Ministry of Housing and Urban Poverty Alleviation (MHUPA) pushed for [...] Continue Reading »
Mumbai- Maharashtra government has appointed the City and Industrial Development Corporation (Cidco) as the special planning authority (SPA) for around 10 to 25 km peripheral area of the proposed Navi Mumbai International Airport (NMIA) at Panvel. The state government is making significant moves in long term planning of developing a knowledge corridor. Any development or [...] Continue Reading »
