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Gurgaon

Gurgaon residents are against new Property Tax rules

Gurgaon residents are against new Property Tax rules
The Haryana government has to met with the anger of the residents for its new property taxes rules. The citizens are calling it a scheme to extort double tax from them. The government had announced a token Rs 1 property tax per square yard on residential properties of 250 square yards or less and apartments [...] Continue Reading »

Circle rates of properties in Noida will be increased

Circle rates of properties in Noida will be increased
The Gautam Budh Nagar district administration has proposed to hike the circle rates of property in Noida by 10-30%. The authority of the finance department has granted a preliminary approval to the new rates. Circle rate is the minimum rate at which stamp duty is charged on transaction of a property. And the authority has [...] Continue Reading »

Commercial rentals are higher in NCR

Commercial rentals are higher in NCR
It is known to all that the South Mumbai business hub of Nariman Point has traditionally commanded the most expensive rentals in India and has been among the top 10 costliest spaces in the world. The trend has changed, and it is recorded that the rent for commercial properties in Noida are costliest in India. [...] Continue Reading »

Property registration in Gurgaon will be costlier

Property registration in Gurgaon will be costlier
The Haryana Government is planning to increase the property registration rates for the financial year 2012-13. The expected hike in the property registration rate may be around 15%. The rate of registration cost for the properties in Gurgaon has witnessed several hikes in last one year. 20-33% hike in registration cost was announced by the [...] Continue Reading »

Tallest luxurious residential building in Dubai

Tallest luxurious residential building in Dubai
Princess Tower in Dubai has been recognized by Guinness World Records as the world’s tallest residential building. It is 107 storey tall luxurious residential complexes in Dubai. Measuring 414 meters from base to tip, the tower comprises six basement floors, a ground floor and 100 above-ground residential levels. The tower is constructed over an area [...] Continue Reading »

Noida Master Plan 2031 creates more scope for high rise projects and group-housing societies

Noida Master Plan 2031 creates more scope for high rise projects and group-housing societies
The NCR Planning Board has recently approved a new Master Plan 2031. There is a lot of scope for infrastructural, residential and commercial development like widening of roads with elevated structure and underpasses, flyovers, greenery, high rise buildings, hotels, major Metro and road linkage projects to ease traffic, etc in the new plan. According to [...] Continue Reading »

Sohna Road in Gurgaon will be constructed by HUDA

Sohna Road in Gurgaon will be constructed by HUDA
Haryana Urban Development Authority (HUDA) has decided to construct the Sohna Road in Gurgaon. The Sohna Road is a 6-km stretch road starting from Rajiv Chowk till Badshapur. HUDA had sanctioned funds amounting to Rs 48.53 crore for the project. The government handed over the project to PWD’s (B&R) Haryana State Road Development Corporation (HSRDC). [...] Continue Reading »

DLF City Gurgaon witnessing water crisis

DLF City Gurgaon witnessing water crisis
Residents of DLF City are planning to stage a protest over the continuing water crisis in Phase I of the DLF residential complex in Gurgaon. The residents have alleged that the developer had failed to meet the water demands forcing them to depend on private tankers; the company has expressed its helplessness claiming that it [...] Continue Reading »

Delhi Development Authority has sold CWG apartments for Rs 400 crore

Delhi Development Authority has sold CWG apartments for Rs 400 crore
87 residential apartments in Commonwealth Games Village were sold at a total price of Rs 400 crore. At present DDA have 110 flats in CWG village. The highest bid was Rs 7.27 crore for an apartment. It is considered as the most expensive apartment in the eastern part of the city. The highest bid came [...] Continue Reading »

Builder is ordered to vacate forest land

Builder is ordered to vacate forest land
District forest department in Gurgaon has issued a notice to the real estate builder Ambience group to vacate the forest land in Nathupur. The Ambience group has constructed Ambience Island Lagun Apartment on the protect land for forest in the area. In the notice it is ordered to remove all the structures constructed on the [...] Continue Reading »



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