Delhi NCR
As Gurgaon is booming steadily upwards in terms of real estate prices, various companies and industrialists are looking for investing in other options beyond the National Capital Region (NCR). As a result, Dharuhera, Bawal and Jhajjar in Haryana are emerging as alternative real estate destinations. The latest real estate destination is ‘Jhajjar’ in Haryana district. [...] Continue Reading »
The Metro firm has signed a loan arrangement for the second phase of the Intra City rapid metro project, while the first phase is all set to start in Gurgaon this May. The Rapid Metro Rail Gurgaon South Limited (RMGSL), the Special Purpose Vehicle (SPV) is formed for taking of the phase 2 project, has [...] Continue Reading »
The South Corporation and Delhi Development Authority (DDA) have engaged in a dispute over the fate of farmhouses in the city. Both the agencies are fighting to establish their authority over the properties that will bring Rs 600-1,000 crore into the treasury as convergence fee. The dispute started when DDA passed a proposal to bring [...] Continue Reading »
After the meeting with the group of Central ministers, the draft land acquisition bill for which the farmers protested against was called off. Government allowed to form a committee to look after the demand of the farmers demonstrating in Delhi since long time under the banner of Kishan Khel Mazdoor Mahapanchayat with a definite timelines. [...] Continue Reading »
The new monorail project will not only benefit the commuters, but the real estate of Gurgaon and Faridabad will also be impacted. The monorail, connecting Gurgaon to Faridabad, is expected to start in April or May 2013 as the trials are over. This monorail will connect areas like DLF 1, 2, 3, 4 and 5 [...] Continue Reading »
Within the next 3-4 years, Advance India Project will invest Rs 600 crore to build 600 premium residential units in Gurgaon. According to Executive Director of Advance India Projects Ltd (AIPL) Sanjay Sachdeva, they have estimated a budget of Rs 600 which is specifically kept for the development of the new project “The Peaceful Homes” [...] Continue Reading »
The Municipal Corporation of Gurgaon (MCG) took over the water supply service from public health engineering department (PHED). MCG will provide the water supply service from April 1 to all of old Gurgaon. Recently, the PHED and MCG had a meeting regarding this to fine-tune and discuss the process of takeover. The water supply service [...] Continue Reading »
A three-day international conference and exhibition took place in Delhi on ”Good Governance” regarding the challenges of rapid urbanization and expanding cities in order to provide enough space for the rapidly increasing population. The seminar was attended by many stakeholders and city developers from across the world. They shared their views on ways to build [...] Continue Reading »
North Delhi Municipal corporation has been carrying out an identification technique in order to register all the unregistered properties in the city. Around 60,000 new properties have been registered with NDMC under the tax net within the past one year. Soon tax defaulters will be sent notice by post by the municipal corporation. With the [...] Continue Reading »
SARE Homes has launched The Grand, an international-lifestyle resident apartments at Sector 92, Gurgaon. The project offers opulent lobbies, concierge services and grand terrace balconies for house parties. The best part of the project is all the apartments are centrally air-conditioned with sophisticated individual zone control (VRV system). The Grand will construct an impressive 6-metre [...] Continue Reading »
