Delhi Real Estate
Residents of various labour colonies in Delhi will be given ownership rights as planned by the government, ahead of Assembly elections. The proposal will be forwarded to Delhi cabinet for approval. Around 4,844 houses of four colonies named Nehru Nagar, Giri nagar, Moti Nagar and Vishwakarma, will be made freehold. AK Walia, labour department minister [...] Continue Reading »
Delhi-NCR to get its first world trade center at Spire Edge in Manesar. This is an integrated 1.6 million sq.ft mixed use IT/ITeS development. WTC Manesar ‘s Senior General Manager, Khair Ull Nissa commented that Spire Edge has undergone a lot of painstaking assessment conducted by World Trade Centers Association (WTCA), to get tagged as WTC. [...] Continue Reading »
Due to an inordinate delay in a project in Sector 61 to 65, a group of home buyers have lodged a complaint with the Gurgaon Police against ABW Group. The buyers have paid between Rs 10 lakh and Rs 25 lakh after the project was introduced which was two and a half years ago. The [...] Continue Reading »
South Delhi is booming with the increase of investors in two areas: Khan Market and Meherchand Market. Entrepreneurs are eying in south Delhi’s Meherchand Market as it is the alternative destination for many investors because Khan Market is lacking in commercial space. South Delhi corporation now planned to revive the market in order to boost [...] Continue Reading »
According to a real estate research, 2012 was not a thriving year for the real estate sector and even in 2013 the real estate market is not likely to witness the graph of success. Although there is a steep rise in residential properties, the private equity sector dried up. If the land acquisition bill and [...] Continue Reading »
Delhi-NCR : The development of seven new townships, which spread over 20,000 hectares along the proposed Delhi-Jaipur Expressway, are to get nod from the Government. The plan for townships in Manesar, Pataudi and Rewari has been already approved by the Haryana Government, while Rajasthan is expected to allow four new townships in Behror, Kotputli, Sahapura [...] Continue Reading »
Delhi- Noida has been witnessing an increased number of illegal colonizers who are encroaching the land and selling the unauthorized plots to the buyers. The Sector 75 has quite a number of lands which are being sold by the land mafia. Despite the Noida Authority being completely aware of such illegal professions, there has been seldom action [...] Continue Reading »
Delhi/NCR- With the increased saturation of all the three main corridors (Mehrauli-Gurgaon Road, Golf Course Road and Sohna Road) in Gurgaon; here is very less land or have all the projects occupied. This eventually gives the new buyers an opportunity to invest in the next best area; the Golf Course Extension Road. The key reason for [...] Continue Reading »
The greater Noida Expressway has today become one of the top realty destinations to invest in, as the area is peaceful and is away from the bustling cities. The area has been witnessing a considerable demand for multi-storey apartments, especially for 3 BHK by about 33%. The key factors for the demand in the area is [...] Continue Reading »
The slowdown in the economy has not affected the premium real estate spaces. A Gujarat based Torrent group recently bought a residential property, close by US Embassy, 1,124 sq yards in Chanakyapuri for Rs 111 crore, at the rate of around Rs 10,00,000 per sq yard, which is the highest recorded rate in the recent [...] Continue Reading »
