Delhi NCR
Pataudi Road, located in the vicinity of three major highways –Gurgaon Expressway (NH-8),the upcoming Kundli-Manesar-Palwal (KMP) Expressway and the Dwarka Expressway, is on route to become a residential hub in NCR. A part of the 2021 Gurgaon-Manesar Master Plan, Pataudi Road offers affordable prices at present and the increase in demand is set to push [...] Continue Reading »
After issuing the notification for regularisation of 895 unauthorised colonies, the Delhi government has now asked the city’s municipal corporations to clear the layout plans for these colonies. The layout plan includes boundaries of the unauthorised colonies and it is to be drawn in consultation with the resident welfare associations(RWA). The layout plans are to [...] Continue Reading »
The Haryana Urban Development Authority (HUDA) has announced that it is planning to provide canal water to builders for construction purposes. While the details and the procedure is to be finalized soon, HUDA officials state that canal water supply is likely to increase by the end of this month. Till then, the builders will have [...] Continue Reading »
Faridabad‘s commercial real estate is all set to undergo significant change. A large number of business and IT Parks are coming up in the city, which will push the commercial scenario in the city. The commercial sector has already noted an average escalation of 8-10 per cent in past six months. Faridabad-Mathura Road is the [...] Continue Reading »
The Delhi-Gurgaon expressway is set to witness some changes in order to provide smooth passage to commuters. Delhi Gurgaon Super Connectivity Limited (DGSCL), has prepared a report in this regard. The report will be submitted to the National Highways Authority of India (NHAI). Accordng to sources,among different measures to ease traffic congestion, scrapping the U-turn [...] Continue Reading »
Federation of Noida Residents Welfare Association (FONRWA) has written a letter to Noida Chief Executive officer demanding conversion of leasehold to freehold and raising other unresolved issues. FONRWA says that although state government had introduced conversion to freehold and all housing boards, including Ghaziabad Development Authority, Noida authority officials were not implementing the conversion in [...] Continue Reading »
Gurgaon IT/ITeS and BPO professionals are driving home demand in West Delhi. According to consultancy firm Jones Lang LaSalle (JLL), most potential customers belong to the salary bracket of Rs 12 lakh to Rs 24 lakh per annum. Since infrastructure facilities in Gurgaon still has a long way to go, they are looking to buy [...] Continue Reading »
Farmers of villages along Noida Extension has vented their anger against developers and demonstrated against construction. The farmers have alleged that the Greater Noida Authority has not carried out its part in providing 10 per cent developed plots and 64 per cent hiked compensation to the farmers. They complained that the issue of abadi land [...] Continue Reading »
Delhi Metro Rail Corporation (DMRC) is starting trial for eight-coach trains from October. The step has been taken to ease the crowds and these trains will be put into revenue service by this year end. HUDA city centre-Jehangirpuri and Dwarka-Noida/Vaishali corridors are the ones to be benefitted by these trains as the eight-coach trains are [...] Continue Reading »
The residential real estate index prepared by the National Housing Bank (NHB), the housing prices in 16 cities including Delhi, Mumbai, Chennai, Bangalore, Pune, and Kolkata improved in the quarter ending June 2012, compared to the previous quarter ending March 2012. The prices of residential properties in 16 cities have shown an increasing trend in [...] Continue Reading »
