Gurgaon
Adani group foray into the Delhi-NCR developing two projects on separate parcels of land. The projects will cost 1,500 crore. Adani Realty Business and Delhi-based realtor M2K Group will jointly develop residential projects on 41 acres of plot the latter owns in Gurgaon, near Delhi. Both developers will share costs and revenues equally. Towards the [...] Continue Reading »
Experts say those who did not get a flat in the recent DDA draw must explore options in the NCR. Realty experts say that those who did not get a flat in the recent DDA draw or all those who have not booked a DDA flat must think of the NCR now. The overall development [...] Continue Reading »
The Enforcement Directorate (ED) to attach properties of Unitech wireless and Swan Telecom allegedly involved in 2G scam . ED presented a fresh status report, giving the Supreme Court, an updated account of its investigation. The ED has told the Supreme Court that it will ‘attach’ the properties of companies within 2 months. “The properties [...] Continue Reading »
South City 1 Gurgaon residents are up in arms against their developer. The residents will stage a demonstration against their developer Unitech. The EWS association is supporting the South City 1 Residents Welfare Association in its fight for their rights on April 30. The residents of posh township are up in arms against their developer, [...] Continue Reading »
The Gurgaon district administration issued a show cause notice on Friday to all property dealers in the city who have not registered themselves so far. Under the Haryana Regulation of Property Dealers Consultants Act of 2008, it is mandatory for all individuals/companies dealing in real estate to get themselves registered with the district administration. Registered [...] Continue Reading »
The Gurgaon district administration’s decision to begin, starting Monday, a demolition drive against 12,287 properties falling within the restricted 1,000-yard (900 m) radius from the boundary of the IAF ammunition depot resulted in massive protests in the area. Gurgaon residents protest against the Administration’s plan to demolish their colonies. The Administration, however, claimed that these [...] Continue Reading »
Housing prices could fall by up to 20 per cent in Mumbai and Delhi-NCR sooner than expected if RBI raises key rates in its upcoming monetary policy review, says a report by property consultant Jones Lang LaSalle . It is widely expected that the apex bank would increase the key policy rates by up to [...] Continue Reading »
Resident Welfare Associations ( RWAs) of Gurgaon protest against the amendment of Urban Areas Act which will allow builders to obtain partial completion certificate.Protesting the amendment in the Haryana Development and Regulation of Urban Areas Act 1975, Resident Welfare Associations submitted a memorandum to Haryana governor Jagannath Pahadia. The governor assured the residents that he [...] Continue Reading »
The interim order by Competition Commission of India (CCI) brings some relief to apartment buyers of DLF Ltd. CCI passed an interim order against the real estate developer in a case pertaining to its alleged abuse of dominance by changing original provisions of agreements without informing the buyers-Belaire Owners’ Association and Park Place Residence Welfare [...] Continue Reading »
Property buyers in Gurgaon and Faridabad may have to fork out an extra ‘charge’ with Haryana deciding to levy an infrastructure augmentation charge on developers.The state assembly passed the Haryana Development and Regulation of Urban Areas (Amendment) Bill, 2010 on Tuesday.The amendment enables private developers to get full and partial completion certificates for projects. The [...] Continue Reading »
