Delhi-NCR
New Delhi- Although Delhi might be prospering swiftly in terms of per capital income, but a recent mathematical calculation report stated that about 32.2% residents have just a single room to call as their home. This eventually proves that the capital has a very large proportion of lower middle income class as its population. On [...] Continue Reading »
Owing to abounding investments of non resident Indians (NRIs), alluring offers provided by the builders and changing lifestyles of buyers, the demand for luxury housing market is gradually cheering up in the metros. The demand for luxury and ultra-luxury homes is growing, particularly for those ranging between Rs 1 crore to Rs 20 crore, or [...] Continue Reading »
Delhi/NCR- Most home buyers are quite baffled whether to buy or rent a home in a metro city. However, the increased costs of the property in prime areas along with the suburbs have made housing a difficult option in metropolitan cities especially for the middle income class. According to various analysis based on rental and property values [...] Continue Reading »
Delhi/NCR- About 3000 owners from the individual flats of a co-operative group housing societies from Noida are waived off with a small amount in terms of penalties for the delay in the registration. The properties belonging to people here are that of original owners who are no longer traceable. Three months ago, the Noida Authority had issued notices to the [...] Continue Reading »
New Delhi- If you haven’t yet paid your service tax dues, hurry up as November 27 is the deadline with over Rs.10-lakh rental income out of the immovable properties. Tax payers who fail to pay by the deadline will be charged a penalty. Tax implies to renting commercial properties with the rental amount exceeding the limit of Rs.10 lakh annually. [...] Continue Reading »
New Delhi- The Nodal Steering Committee was appointed by the High Court on the unauthorized construction and encroachment and asked the deputy commissioners to address the power distribution companies (discoms) and Delhi Jal Board (DJB) in order to disconnect the water and electricity supply. Also the sub-registrar of the zones were not allowed to register any unauthorized property. In [...] Continue Reading »
Delhi/NCR: With recent developments of infrastructure on the Gurgaon-Faridabad Road, it has been considered as the next prime location of the real estate development. Developments have been taken place in both the residential and commercial units and developers like IREO Group’s Gurgaon Hills, Krrish Group’s Province Estate, Paras Group’s Paras Trade Centre and others are coming [...] Continue Reading »
Delhi/NCR- The latest area of development; Ghaziabad has an increasing number of malls and multiplexes which are proving to be a positive sign for the real estate development. This sort of a development in the area will cater to the needs of big realty players who can indulge themselves in new projects. Currently, the city has [...] Continue Reading »
Delhi NCR- An increased positive growth of realty sector is expected in Delhi NCR, post Diwali as there will be more home buyers of about 10-15% when compared to the previous quarter. In the past eight months, the residential sales fell by about 40% in NCR and the coming months will witness a change as [...] Continue Reading »
New Delhi: The distressed Air India has decided to generate capital from the realty market by selling, redeveloping and leasing its assets. It has also mandated Delhi’s real estate consultant DTZ International Property Advisors Private Limited for its plan. Selling and leasing the firm’s real estate assets will fetch the company the costs to meet the [...] Continue Reading »
