Delhi-NCR
Flat owners of cooperative housing societies in Noida are finding it difficult to meet the deadline set by Noida Authority. In September, Noida Authority had set a deadline of three months for owners of flats in these societies to get their properties registered with the Uttar Pradesh Stamps and Registration department. However, the residents have [...] Continue Reading »
The business deals between Robert Vadra, the son-in-law of Congress Party president Sonia Gandhi, and DLF Group has come under scanner for the last few days. Amidst all the political ruckus, new information reveals that Vadra had bought 41 premium apartments from DLF but subsequently sold most of them at a profit. All the apartments [...] Continue Reading »
The residents of Vasant Vihar have raised opposition against the proposed Metro station in the area. The dispute over the location of the station between the authorities and residents has been going on for more than a year. The residents have been claiming that the site chosen by Metro falls within residential zone. The residents [...] Continue Reading »
Construction work in Noida, Greater Noida and Yamuna Expressway regions have taken a hit due to acute labour shortage. Consequently, the home owners in these regions may have to wait longer to get possession of their dream homes. After failing to get requisite number of labourers from the UP-NCR region, developers have now begun to [...] Continue Reading »
The Greater Noida Authority (GNA) has begun issuing cancellation notices to over 300 allottees of plots in industrial sectors. The allottees that have been sent cancellation notices are the ones who did not not set up functional units despite several years after taking possession of plots. Those who have defaulted upon entering into lease deeds [...] Continue Reading »
ICICI, HDFC and Vijaya Bank have joined the race to cut rates for the festival season, in a series of efforts by lenders to boost home market. The lenders have cut their rate by up to 100 basis points on their home loans. Under the festival scheme, ICICI Bank will offer home loans of Rs [...] Continue Reading »
Crossings Republik is newly emerged NCR locality which is attracting lots of home buyers. Located on NH 24 bypass road, Crossings Republik is particularly attracting a lot of buyers for 3BHK multi-storey apartments. The key factor attracting buyers to Crossings Republik is its proximity to Noida. It is located at a distance of 6 km [...] Continue Reading »
The residents of apartments with piped liquefied petroleum gas (LPG) supply can now take a sigh of relief. The government has relaxed the norms about supply of gas cylinders and decided that each occupied flat is entitled to an annual supply of six subsidised cooking gas cylinders. Earlier decision had been taken under which the [...] Continue Reading »
Delhi Development Authority (DDA) has given hotels in Delhi a more than 11 times hike in FAR( floor area ratio). FAR has been increased to 175 from 15. The decision has been announced at the recent DDA meeting. The added FAR would be applied to hotels with sanctioned building plans as on February 7, 2007 [...] Continue Reading »
The state authorities have approved resuming of the construction of the 22-km long link road between the two national capital region (NCR)s – Greater Noida and Ghaziabad. The approval has raised hopes of real estate developers and buyers who has invested in both the areas as there is widespread speculation that prices will rise once [...] Continue Reading »
