Delhi-NCR
New Delhi- People in Delhi prefer shopping on high streets than in malls. This change has been witnessed through a study wherein the shops on the high streets get more buyers and retailers than those in malls. The demand for the high streets is increasing when compared to the supply followed by an increase in the capital [...] Continue Reading »
New Delhi- A report released by the Knight Frank Investment Advisory, stated that due to the increased property prices ranging from Rs. 3,200 per sq ft to Rs 15,000 per sq ft, there will be an increase in the property buying with real estate acting as a promising asset in the coming years. Mumbai leading the first [...] Continue Reading »
New Delhi- A report by National Housing Bank ( NHB) showed the real estate housing trend in 11 cities which included Bangalore and Kolkata. These cities witnessed a decline of about 5 percent from July-September meanwhile the other 9 cities saw an increase of about 10 percent. The highest price rise of 10.1 percent was witnessed [...] Continue Reading »
New Delhi- In a recent announcement made by Ramprastha Group, it was stated that the investment firm Clearwater Capital Partners, will be investing Rs 100 crore on the 600-acre township in Gurgaon which has been created at a whooping cost of Rs 4,000 crore. Currently, the real estate firm has launched six housing projects consisting of about 3,000 flats along [...] Continue Reading »
New Delhi- Builders will never get tired of trying their tactics on home buyers. At a time where the home sales are quite slow, builders have come up with new concepts like roping in the renowned figures like Mary Kom and Maria Sharapova to sell their homes by having a boxing academy of Mary Kom in a [...] Continue Reading »
New Delhi- Recently the Delhi Development Authority (DDA) was asked to pay the property tax for the year 2012-2013 by the civic agency followed by the South Municipal Corporation. The property tax was to be paid by the DDA for using parks and grounds in East Delhi for various events like marriages, functions and ceremonies. Although the parks and the [...] Continue Reading »
Chandigarh- The issue of imposing property tax on the residential properties in Chandigarh has created a rift between the officials and public representatives due to the pressure from the UT administration and the government. However, this issue has been dragged along as the mayor refused to form the agenda based on the issue regarding the detailed [...] Continue Reading »
Delhi-NCR- A recent report by property consultancy firm, Knight Frank India stated that Delhi-NCR and Mumbai have once again topped in terms of investment when compared to other cities. Areas like Ulwe, Wadala, Chembur in Mumbai and Noida Extension and Dwarka Expressway will witness an increased appreciation in the coming five years based on the capital [...] Continue Reading »
New Delhi- The final hearing of DLF’s petition against Competition Commission of India’s order imposing 630-crore penalty on the company was deferred to November 29 by the Competition Appellate Tribunal (COMPAT). A time of two weeks was given to the fair trade regulator for the completion of the draft modifications of the sale agreements between DLF and [...] Continue Reading »
New Delhi- With the increase of the circle rates by the Delhi Government, the property prices in Delhi are expected to rise. Circle rates were raised by about 200 percent concerning the minimum valuation of land and immovable property to curb the black money transactions. The 200 percent hike was seen in areas like Greater Kailash, [...] Continue Reading »
