Apartments in Gurgaon
The new hike in electricity bill has surprised the residents of apartments in Gurgaon, since they were not expecting it due to the frequent power cuts. The power cuts in the city were observed for more than 10-12 hours. Even the domestic security deposit has increased from Rs. 1,000 to Rs 1,500. Now, the residents [...] Continue Reading »
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 »
Rental value appreciation for apartments in Gurgaon, Mumbai, Pune and Bangalore has seen a higher rise. The apartments in Whitefield in Bangalore have recorded a rise of 16 percent for the rental value. The rise of rental rates for residential properties in India has become area specific. As Whitefield continued to be a priority destination [...] Continue Reading »
L&T’s construction division has won orders valued at Rs 2,592 crore for the construction of multi-storied residential apartments in Bangalore and Gurgaon, including additional work in ongoing projects. In the commercial segment, L&T has got orders totaling Rs 1,165 crore for the construction of mixed-use development, a hospital building and institutional buildings. The company has [...] Continue Reading »
The residents of Gurgaon are facing water crisis. To avoid people from wasting potable water, the authorities have decided to act tough. Last month the Haryana Urban Development Authority (HUDA) has fined 12,000 people for wasting potable water. The defaulters were penalized for using potable water to wash cars, terraces and maintain green belt areas. [...] Continue Reading »
One of the senior town planners (STP) in Gurgaon has directed the developers of Orchid Petals apartments in Gurgaon to declare RWA elections. The RWA elections is kept pending since a year and now finally the elections are said to be slotted by May 4. The Orchid Infrastructure Developers Pvt. Ltd (OIDPL) has been directed [...] Continue Reading »
After being appointed as HUDA administrator on November 2011, Praveen Kumar has done many good things for the betterment of the city. The residents of apartments in Gurgaon had high hopes and he had fulfilled many of them like removed encroachments along the roads in many sectors, developed parks, repaired damaged roads to name a [...] Continue Reading »
Most of the projects in Gurgaon became a concern for the home buyers and the investors. When analysts calculate the appreciation values of the projects, construction delay works as a negative pulse on the return on interest. The normal appreciation value of real estate properties are in a range of 25-30%. After adding the delay [...] Continue Reading »
Predicting the real estate market down the lane by next five years, the developers and realty experts say that one can expect launch of maximum 1,50,000 ready flats by the end of year 2015 in the Gurgaon real estate market. This rough data was scaled going by the number of licenses issued to the real [...] Continue Reading »
The apartments in Gurgaon, maximum are turning to be high-rises. High-rise apartments might be a pride to real estate sector of the city, however these high-rises the distinct divide between Delhi-Gurgaon Expressway is blurring. Couple of years ago, the National Highway-8 that is Delhi-Gurgaon Expressway use to give a clear distinct between old and new [...] Continue Reading »
