Gurgaon
Chandigarh: The Haryana Government is planning to give up the process of verification of the Below Poverty Line (BPL) cards for allotment of plots and houses under the EWS quota. The government had a practise of verification of genuineness of the BPL cards while allotting plots/flats reserved for the people belonging to the Economically Weaker [...] Continue Reading »
DLF, India’s largest real estate developer, is recovering after concerns over its huge debt of Rs 23,000 crore last year and lack of new launches. Last year, its realty index had fallen by 30 percent, where as, in the last three months, DLF stock had risen by 32 percent. The realty giant’s debt is expected [...] Continue Reading »
Gurgaon- The new master plan for Sohna, which sanctions the development of 6,110 hectares, seems to highly influence the real estate scenario of the region. More than 20 new sectors have been notified in the new master plan. Draft Development Plan 2031 for four towns of Haryana, namely Sohna, Kurukshetra, Farukhnagar and Rohtak have got [...] Continue Reading »
Gurgaon- The Millennium City is a best option for those looking for investing in Delhi-NCR real estate. The city promises high returns on investment and a secure environment. The new master plan of Gurgaon gives hope to investors on better connectivity and lifestyle features of the city. This has attracted more and more investments to [...] Continue Reading »
Recently, the Haryana Urban Development Authority (HUDA) approved a budget of Rs 890.77 crore, in which Gurgaon got the lion’s share of Rs 605.48 for the development work in the urban sector across the state. The development project consists of storm water drainage system, construction of a flyover and special repairs of roads connecting Surajkund. [...] Continue Reading »
IDFC, the leading banker, is in talks over the takeover of the Delhi-Gurgaon Expressway project from the present concessionaire, Delhi-Gurgaon Super Connectivity Ltd (DGSCL). The NHAI has given its approval to IDFC’s purchase of 74% stake in the project. Reports said that the approval does not imply that the company had taken over the project [...] Continue Reading »
Gurgaon is witnessing high demand for home automation. The factors behind this high demand are new product offerings, greater influx of end-user demand and an increasing upwardly-mobile mid-segment, luxury and ultra-luxury housing projects. City-based home automation companies have witnessed over a 100 percent rise in their business in the past three years and are betting [...] Continue Reading »
Paying guest hostels running in plotted colonies in Gurgaon are surveyed by the Enforcement Branch of the Department of town and Country Planning. A senior DTCP official said that PG hostels are running illegally as no commercial activities are allowed in plotted colonies of Gurgaon. The owners usually rent the house for most PG hostels. [...] Continue Reading »
Delhi-NCR to get its first world trade center at Spire Edge in Manesar. This is an integrated 1.6 million sq.ft mixed use IT/ITeS development. WTC Manesar ‘s Senior General Manager, Khair Ull Nissa commented that Spire Edge has undergone a lot of painstaking assessment conducted by World Trade Centers Association (WTCA), to get tagged as WTC. [...] Continue Reading »
Gurgaon- The luxury market of Gurgaon real estate is emerging as a hot destination for investors. As Gurgaon developers have observed, above 70 percent of property buyers in Gurgaon are buying properties for investment purpose and only the rest are end-users. The real estate in Gurgaon started picking speed after DLF came up with luxury [...] Continue Reading »
