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Delhi NCR

Real estate to have a paradigm shift in 2013

Real estate to have a paradigm shift in 2013
New Delhi- With the start of the New Year 2013, there have been various changes in the realty sector. Two crucial bills, i.e. the Real Estate Regulation Bill and Land Acquisition Bill were be passed in the year 2013. This will further encourage the stakeholder’s sentiments  in the next few quarters. This year will also initiate [...] Continue Reading »

Properties to be sold in 312 private colonies soon

Properties to be sold in 312 private colonies soon
New Delhi- The revenue Department of Delhi is all geared up to initiate the sale and purchase of the 312 colonies which are constructed on the private land. This proposal was recently approved by the Lieutenant Governor’s office and will be notified by the coming week. The revenue department had sought permission to allow the sale and purchase of the land [...] Continue Reading »

Widening of NH-24 to ease traffic

Widening of NH-24 to ease traffic
Noida- The recent development of the NH-24, is the widening of the left turn of the road leading towards Sector 63 by about nine meters in Noida. This decision was taken by the authority as a  large number of commuters travel from places like Hapur, Indirapuram and Vijay Nagar in Ghaziabad through the Model Town crossing along NH-24. Due [...] Continue Reading »

Real estate projects in New Delhi soon to get fast track approvals

Real estate projects in New Delhi soon to get fast track approvals
New Delhi: Government is planning to approve all the real estate projects in a fast track basis and also to put them online so that the consumers can have a clear idea before booking a house and can bring down home prices. A government committee headed by former commissioner of India chairman Dhanendra Kumar is [...] Continue Reading »

Delhi-NCR witnesses sharp rise in rentals

Delhi-NCR witnesses sharp rise in rentals
Delhi NCR- Renting a house in the nation’s capital is set to be a difficult task as rental values are appreciating sharply. Rental values of properties in Delhi-NCR have seen an upsurge of 25% with rentals in most areas appreciating by 10% annually, reveals a survey. While owning a house is beyond the reach of [...] Continue Reading »

LIC housing plans to generate Rs. 1000 cr through ECBs

LIC housing plans to generate Rs. 1000 cr through ECBs
Delhi-NCR- The state-run insurance giant which promotes its venture of  LIC Housing Finance Limited is expecting to generate about Rs. 700-1,000 crore via external commercial borrowings (ECB). Various realty developers and housing finance firms were permitted to generate about $1 billion via ECBs by the Reserve Bank of India (RBI) last month to promote the affordable housing projects. According to [...] Continue Reading »

Increased NRI investment in Delhi

Increased NRI investment in Delhi
New Delhi- With Indian real estate booming from the past decades, India has become a hotspot for not just nationals, but also for NRIs to make investments. Most NRIs now prefer investing in their homeland and settling down here. As per studies conducted in the year 2012, about 40 percent of the Delhi-NCR properties were from NRI investors. NRIs [...] Continue Reading »

Rohini Sec 9 in Delhi becomes a hot cake in for real estate investors

Rohini Sec 9 in Delhi becomes a hot cake in for real estate investors
Delhi: Rohini Sector 9 is becoming a hot investment place due to the connectivity with the other parts of the city and easy access to schools, colleges and offices. Rohini Sector 9 properties have become the upmarket investment sector in Delhi which pushed the price of the properties and hence multi-storey apartments in Rohini Sector-9 [...] Continue Reading »

Delhi government all set to regularise 205 unauthorised colonies

Delhi government all set to regularise 205 unauthorised colonies
New Delhi- Delhi government has approved regularisation of around 205 unauthorised colonies in the city. The proposal to regularise the settlements were given provisional regularisation certificates four years ago, but were kept pending till now. In this regard, a meeting of the Delhi Cabinet presided over by Chief Minister Sheila Dikshit was held and the [...] Continue Reading »

Plot investment a popular option in Delhi/NCR

Plot investment a popular option in Delhi/NCR
Delhi/NCR- Although investment in flats have always been a favorite among the buyers, plots are not far behind. Buyers preferring to stay in independent homes with a garden and a patio are opting for plots rather than apartments. This is the right time for people who would like to invest in plots as there are  suitable land [...] Continue Reading »



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