Delhi NCR
With NCR Planning Board has finally given its approval to the Greater Noida Master Plan and opening of Yamuna Expressway, between Greater Noida and Agra, real estate in on track in the area. With the resumption of construction at Noida Extension, good time seems to have arrived for the home buyers. It is a good [...] Continue Reading »
Developers seem to be upbeat about the prospect of real estate industry in Noida Extension. Developers such as Amrapali Group, Assotech Limited and Paramount Group have expressed that the region has immense potentiality as a real estate hub. Noida extension realty sector started with 75 developers offering a range of of 1/2/3 BHK housing for [...] Continue Reading »
Real estate firm Ansal Properties and Infrastructure‘s sales bookings in the first five months of this fiscal have declined by 13 per cent at Rs 1,088.8 crore compared with the year-ago period. The company had sold properties worth Rs 1,250.1 crore in the April-August period last year. The company sold 7.32 million square feet area [...] Continue Reading »
Volume of home sales dropped in most micro markets across the country in the first quarter of the year. An Edelweiss research report states that home sales dropped the most in NCR, followed by Chennai and Hyderabad. Most developers across the country reported a seasonal decline. Revenues of 13 listed real estate firms declined by [...] Continue Reading »
Chintels India Ltd., a real estate development company, has announced the launch of over five million square feet of residential and commercial development projects recently. The projects are valued at around Rs 3500 crore in current market rates. Chintels has an extensive presence in Delhi and NCR. The launched projects spread across Sectors 106, 108 [...] Continue Reading »
Emphasis on energy efficiency seems to be shifted to smaller buildings of late. In order to help smaller buildings in Delhi to reduce their carbon footprint, a special programme has been devised. An offshoot of GRIHA – the green rating for integrated habitat assessment – SVAGRIHA has been conceptualised especially for buildings that are less [...] Continue Reading »
Real estate prices have been rising in NCR area and combined with increasing demand the scope for middle income group to get hold of residential property has been decreasing. As this supply demand gap is increasing, Tronica City area in Ghaziabad, is fast becoming a hub of residential and commercial property for the middle-income group. [...] Continue Reading »
Faridabad, long considered as an industrial hub of Haryana, is now considered as one of the best residential hub in the National Capital Region (NCR). With improving infrastructure, Faridabad has transformed into a booming realty destination. Land crunch in Delhi has pushed the prices in most of NCR cities. Faridabad enjoys proximity to Delhi and [...] Continue Reading »
RIL (Reliance Industries Limited) is set to come up with a mall in Delhi. According to sources, RIL will use the land Mukesh Ambani won in a Delhi Development Authority bid for around Rs.400 crore in 2007 to construct its 720,000 sq ft commercial complex at Alaknanda. RIL plans to accommodate two- fifth of the [...] Continue Reading »
Supertech Limited has launched Spira Residences, India’s tallest mixed use located project in Sector 94 Noida. Spira stands at a height of 300 metres and it comprises of 80 floors amongst which 13 floors are dedicated for the residential apartments. The fully furnished apartment units spanning over an area of 3,200 sq. ft. to 4,000 [...] Continue Reading »
