Delhi-NCR
Faridabad is growing at a rapid pace and is among the fastest growing realty destinations in NCR area. Increased demand for residential property has pushed the property market and transactions have increased by manifold in the area. Availability of homes at affordable rates along with improved infrastructure have resulted in property prices to go up [...] Continue Reading »
According to a survey, India ‘s most expensive office space in New Delhi (Connaught Place – CBD ) moved from 9 th position to 5 th position. Where as, Mumbai’s CBD – Nariman Point which was at 20th position until July has now gone to 25th position. Mumbai’s commercial real estate continues to fall further. [...] Continue Reading »
According to a real estate research, 2012 was not a thriving year for the real estate sector and even in 2013 the real estate market is not likely to witness the graph of success. Although there is a steep rise in residential properties, the private equity sector dried up. If the land acquisition bill and [...] Continue Reading »
According to the property consultant, along with the land price, house prices will also increase if the land acquisition bill is passed by the government. Confederation of Real Estate Developers’ Associations of India (CREDAI) National President Lalit Kumar Jain commented that this will not be a good step towards the economic growth and it will [...] Continue Reading »
Indian real estate is witnessing a tough competition both internally and externally. Foreign retail players are rushing to step in the Indian realty sector and at the same time, the domestic real estate developers are trying to reach out to them. The domestic retail developers reported that they are trying to build the retail chains [...] Continue Reading »
Compared to other areas like Indirapuram, Vaishali and Vasundhra in Ghaziabad, Crossings Republik which is situated in NH 4 offers half rental prices for properties in Ghaziabad. According to reports, Crossings Republik offers Rs 5-6 per sq ft for any property whereas others rental properties offers Rs 9-13 per sq ft. Crossings Republik in Ghaziabad [...] Continue Reading »
Multi storey apartments in Dwarka have witnessed a steep hike in rental prices and the Sector 4, which is located in the heart of Dwarka is enjoying a noticeable rise in rental prices. As per sources, there is a 15 percent rise in the rental prices in Dwarka during July-September 2012 quarter sector 4. Owing [...] Continue Reading »
In a move to extend Lal dora boundaries, Delhi Development Authority’s (DDA) advisory group has approved and included the extension of Lal dora areas in Master plan 2021. The extended Lal dora land which came up till 2007, will be given residential status according to the decision taken by the authority. The master plan was [...] Continue Reading »
The hi-tech city on 9000 acres by Wave Infratech was halted due to the agitating against land acquisition by the farmers. This project was antagonized for last two years. The Gautam Budh Nagar Administration designed policies in Lucknow, hence senior officials have already taken the final decision and it is also passed by Ghaziabad Development [...] Continue Reading »
Delhi- NCR : Finance Ministry has asked Reserve Bank of India (RBI) to relax the provisional norms depending on the infrastructure of the buildings. This will help the banks to lend attractive home loans to the buyers. The rule is that all the banks have to keep aside an amount equal to the one percent [...] Continue Reading »
