Cities
There is some bad news for the developers in NOIDA as a National Green Tribunal(NGT) order is not allowing NOIDA Authority to handover completion certificates to projects within a 10-kilometre radius of the Okhla bird sanctuary. There are more than 30,000 completed homes lying in the inventory of the builders and they have lost Rs [...] Continue Reading »
There is a disconnect between the Mumbai Metro project and the Maharashtra government and Reliance Infrastructure regarding the fares and it is unlikely to be resolved soon. The Mumbai Metropolitan Region Development Authority (MMRDA) has promised to assess the costs incurred by Reliance Infrastructure due to inflation and other factors. The operating costs have risen [...] Continue Reading »
With the toll for commuters between Delhi and Gurgaon having been discontinued, and with traffic on National Highway-8 having become much smoother, the realty sector in the NCR region is apparently looking towards its next big destination — New Gurgaon. There has been a substantial increase in demand for housing in the New Gurgaon areas [...] Continue Reading »
A magnificent new residential project – called ‘Sobha Valley View’ – has been launched by Sobha Developers Limited in Bangalore. It is at one of Bangalore’s oldest residential communities – Banashankari 3rd stage (South Bangalore) – that the Sobha Valley View luxury residential project is located. The new residential project launched by Sobha Developers is [...] Continue Reading »
Last week, on June 6, the Delhi Development Authority (DDA) announced the launch of 4 helpdesks or Nagrik Suvidha Kendras in Delhi. The helpdesks were launched by the DDA as part of the ‘agenda for 100 days’ submitted before the UD ministry. The locations at which the 4 Nagrik Suvidha Kendras have been launched are: [...] Continue Reading »
In a recent announcement, an upcoming Pune-based realty firm Apex Multicons said that the company is offering special discounts to its customers, thereby unfolding an exclusive opportunity for first-time home-buyers to purchase their dream homes. Limited to first-time home-buyers, the special discount offer announced by Apex Multicons will be valid only till June 20, 2014. [...] Continue Reading »
Property owners in the Western suburbs of Mumbai are reportedly quoting high values for their properties in resale market because of an increasing demand for housing in the area. The increase in demand for housing in Western suburbs is apparently an upshot of the fact that the area boasts good connectivity as well as proximity [...] Continue Reading »
Commercial development along the Mysore Road, Bangalore, is apparently set to witness potential growth in the near future, thanks largely to the Mysore Road’s upgraded connectivity in the area via the proposed Metro line and widening of the Sirsi Circle Flyover. The Mysore Road meanders through the southwestern quadrant of Bangalore city, connecting it to [...] Continue Reading »
There was a noteworthy 10 percent increase, in a period of barely three months, in capital values of apartments in the localities in the vicinity of Kolkata Eastern Metropolitan Bypass (EM Bypass) area. According to the figures released by one of India ‘s Property Portal, the capital values of apartments along the EM Bypass have, [...] Continue Reading »
With Prime Minister Narendra Modi-led new Government taking charge at the Centre, it is widely expected that the pace of revamp of government colonies in Delhi will apparently be accelerated. The speculations about a push to the development of government colonies by the new Government have prompted the National Buildings Construction Corporation (NBCC) to begin [...] Continue Reading »
