Delhi NCR
Finally over 2,000 flat allottees of the Delhi Development Authority’s (DDA) 2010 housing scheme are about to get relief from their problems. Though most of the total 16,000 allottees of the housing scheme have been given possession of their flats, a large number of them are yet to receive power or water connections in their [...] Continue Reading »
The residents of Indirapuram housing society lodged an FIR against a developer claiming that the developer had not paid the electricity bill, due to which around 250 families in the society had to face a power blackout for over 12 hours. Similarly, residents of Eastern Heights Society in Nyay Khand-III also said that the developer [...] Continue Reading »
Faced with increasing instances of protests by Noida Extension homebuyers, the district administration has asked the home buyers’ association not to protest in groups. The administration took up the step saying that such protests have often obstruct traffic and law and order arrangements in the city. Buyers have demonstrated twice at the offices of developers [...] Continue Reading »
Greater Noida Expressway have seen high demand for multi-storey apartments on the stretch in the last few quarters. The demand has been especially for 3BHK apartments. Location and greenery seem to be the main pulling factor of the area. The residential demand is generated from a lot of working people commuting from Delhi to NCR [...] Continue Reading »
Delhi’s skyline seemed to be changing soon. The cooperative housing societies in Delhi have shown keen interest in Delhi Development Authority (DDA)’s notification for higher floor area ratio (FAR) for existing group-housing societies. Since the additional FAR can be availed only for new constructions, cooperative societies are exploring possibilities of knocking down old constructions. The [...] Continue Reading »
A developer has to pay the price for delay in delivery of flats to buyer in Gurgaon. District Consumer Disputes Redressal Forum has ordered a builder to pay Rs 20,000 as compensation to a resident for delaying possession of a flat. The complainant approached the consumer forum against the builder for not delivering the flat [...] Continue Reading »
In a recent announcement by the real estate firm Supertech, it was stated that they have merged with the hospitality chain The Leela Palace, Hotel and Resorts for the management of its luxury hotel in Noida which has been planned to develop with an investment of Rs 450 crore. The hotel containing 250 rooms is [...] Continue Reading »
One of the major commercial regions of Delhi-NCR, Gurgaon is witnessing a fast paced development and demand of office space in less than 10,000 sq ft category off late. The city has been witnessing a great demand for office property which has an area of about 1000-5000 sq ft. Also with the increased supply of [...] Continue Reading »
Through real estate fund that focuses commercial property is suppose to raise up to Rs 500 crore in the top seven cities of India by Azure Capital. India reality fund II, will be launched by Azure Capital, that will totally focus on commercial properties across the seven cities of India. The investors will focus on [...] Continue Reading »
Flat owners of cooperative housing societies in Noida are finding it difficult to meet the deadline set by Noida Authority. In September, Noida Authority had set a deadline of three months for owners of flats in these societies to get their properties registered with the Uttar Pradesh Stamps and Registration department. However, the residents have [...] Continue Reading »
