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Gurgaon

Government officials ignorant about the Rs.9 crore pipeline project

Government officials ignorant about the Rs.9 crore pipeline project
Gurgaon- A pipeline worth Rs. 9 crore which was laid down along Sohna Road eight years ago has simply led to a wastage of the public money. The water pipeline  is 8.5-km-long and was laid for the supply of water to the private colonies and is yet to be operational. Shockingly, the higher officials in [...] Continue Reading »

New Gurgaon hogs the limelight against old Gurgaon

New Gurgaon hogs the limelight against old Gurgaon
Gurgaon- With more and more developments happening in new Gurgaon, Old Gurgaon is left far behind as the difference can be seen while driving down the National Highway No 8. The new Gurgaon is enhanced with swanky high-rise residential and commercial properties whereas the old Gurgaon gives a picture of bustling streets, jam packed traffic, potholed and [...] Continue Reading »

Gurgaon to have more bus routes

Gurgaon to have more bus routes
Gurgaon- In an attempt to ease the local transport, the Haryana Roadways  is all set to introduce more bus routes in every nook and corner of the city.  As per the strategy, an additional number of 30 bus routes will be initiated from 12. With the extra 30 bus routes, there will be 150 buses [...] Continue Reading »

Gurgaon-Faridabad road sees increased realty development

Gurgaon-Faridabad road sees increased realty development
Delhi/NCR-  One of the upcoming realty destination is the Gurgaon-Faridabad road which has been witnessing a remarkable realty development due to the constant infrastructure improvement and easy connectivity.  An array of residential and commercial units have been launched in this area. Due to the fast paced and future developments in this area, the authorities  have allotted about [...] Continue Reading »

Gurgaon civic body to revise house tax system

Gurgaon civic body to revise house tax system
Delhi/NCR: The complaints of the residents over travelling a long distance to pay tax has paved way as the tax payment has been made easier by the MCG. The Municipal Corporation of Gurgaon (MCG)  has come up with a decision to revamp the complete house tax payment system. The MCG has merged with various private [...] Continue Reading »

Real estate market to witness growth in 2013

Real estate market to witness growth in 2013
Due to government’s positive approach towards reforms and moderation of interest rates, the real estate may have a kick start in 2013. In 2013, the land acquisition bill and real estate regulation bill are likely to be passed by the government which will bring back the hopes of growth in the real estate sector and [...] Continue Reading »

Maneswar: New Gurgaon’s next industrial hub

Maneswar: New Gurgaon’s next industrial hub
Manesar’s new industrial and commercial hub has become the center point for the investors in North India.  Almost over 1 lakh crore investments apart from an additional Rs. 10,000 crore revenues to Haryana government will be banked. According to a study by Assocham, owing to the industrial hub, about 15 lakh skilled and unskilled jobs [...] Continue Reading »

DLF expects 20% growth in commercial office rent

DLF expects 20% growth in commercial office rent
India ‘s biggest real estate developer, DLF expects a 20 percent annual growth in office rental income. By 2014-15 fiscal year the rental value is expected to increase to Rs 2,500 crore. DLF has already touched Rs 1,500 crore as office rental income in 2011-12, and hence it has currently Grade A office leasing portfolios [...] Continue Reading »

Unitech Corporate Park projects blocked in Gurgaon

Unitech Corporate Park projects blocked in Gurgaon
Unitech Corporate parks is a listed company on London’s Alternative Investment Market, where developer Unitech holds 40 percent stake.The company has decided to block one of the largest assets in India which has a valuation of RS 3,000 crore.  Coming up is a new information technology special economic park in Gurgaon near Delhi which spreads [...] Continue Reading »

Sohna road witnesses 50 % growth in residential values

Sohna road witnesses 50 % growth in residential values
Gurgaon : Investors are attracted to the projects in Sohna road and adjacent sectors like 68 and 69, which offers residential properties in the range of Rs 4500-6000 per sq ft. The price of properties in sectors like 47, 48 49 in the same road has reached to 8000-10,000 per sq ft. Few sectors  like [...] Continue Reading »



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