Apartments in Delhi
The Delhi Development Authority (DDA) is planning to make a new provision in the Master Plan 2021 for introduction of studio apartments and service apartments. As per the proposal, studio apartments will be allowed to come up in residential zones while service apartments will be restricted to commercial centers. According to the DDA’s proposal, it would [...] Continue Reading »
NCR Projects Pvt Ltd has launched a new residential project NCR Olympia, which is located at Greater Noida West. The project is expected to be delivered in 2015 December. The project offers different variants of apartment housing. It offers 2 BHK apartments with a built up area between 995 sq ft and 1190 sq ft [...] Continue Reading »
Currently, studio apartments are in high demand in both metros and tier II cities. According to the CEO, Jones Lang LaSalle India, studio apartments are usually the first ones to be sold out in a residential project. Studio apartments are generally the most cost effective residential options for people who prefer to own rather than [...] Continue Reading »
Delhi- Besides slowdown of economy, overflow of new residential properties in South Delhi has been hampering the real estate growth of the city. Sluggishness in the market is forcing some of the developers to sell apartments at discounted rates. Property prices are stagnating and in colonies like Saket and Greater Kailash, apartments are being sold [...] Continue Reading »
Delhi- One of the major reasons for acute shortfall of housing in Delhi is the lower floor area ratio (FAR) which does not allow high-rise apartments in Delhi. Thousands of high-rises with having 15 to 20 floors are found in Mumbai and National Capital Region (NCR), since the FAR value is high. But it is [...] Continue Reading »
If the government approves the plan by private developers to build high rise condominiums and 15 to 17 story buildings with all the modern amenities, then in the coming years, outer Delhi’s skyline may change. To make the development uniform and well planned, the government is planning to finalise the rule for “land pooling”. The [...] Continue Reading »
New-Delhi- Delhi will now go vertical by tripling the floor area ratio (FAR) from the present 200 to 600. The planning body of the city will now make the houses of the poor and the middle class go vertical due to the growing housing shortage. The urban development ministry administering the city’s civic urban planning [...] Continue Reading »
New-Delhi- Unless the Army ensures to offer a gainful redevelopment plan to the Delhi Government, they will have to vacate a World War II barrack on prime land in Lutyens, Delhi. The Army was further asked to make the government’s intention clear about forfeiting the underutilized land in an overcrowded Capital. As per the Army, they are ready to vacate the Princess [...] Continue Reading »
Almost all the rickety and stubby government buildings will be soon reconstructed to new high rise apartments and office blocks in Delhi. This is one of the biggest redevelopment exercises that will come up in the heart of Delhi since Independence. The existing two storey structures will be rebuilt to 10-12 storey residential blocks which [...] Continue Reading »
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 »
