Delhi
New Delhi- As a carriageway of the Kalindi Kunj bridge has been closed for repairs, travelling has become an issue to commuters. The commuters who used to spend hardly forty minutes to travel from Faridabad to Nehru Place even during peak hours, have been spending around two-three hours. Many of them have started taking alternate [...] Continue Reading »
Almost all the rickety and stubby government buildings will be soon reconstructed to new high rise apartments and office blocks in Delhi. This is one of the biggest redevelopment exercises that will come up in the heart of Delhi since Independence. The existing two storey structures will be rebuilt to 10-12 storey residential blocks which [...] Continue Reading »
According to a survey, India ‘s most expensive office space in New Delhi (Connaught Place – CBD ) moved from 9 th position to 5 th position. Where as, Mumbai’s CBD – Nariman Point which was at 20th position until July has now gone to 25th position. Mumbai’s commercial real estate continues to fall further. [...] Continue Reading »
Delhi- The government has strictly warned all taxpayers to disclose their true income and those who fails would be receiving notices from the Income Tax Department. Since the tax collected was very less in April-November, it asked taxpayers to file correct returns by December 15, when the third instalment of advance tax is due. The [...] Continue Reading »
New Delhi: One of the diversified Indian real estate giants, Adani Realty joined hands with Delhi-based M2K Group, to come up with Rs 10 billion luxury project, in Gurgaon. Oyster Grand is also one of the prestigious residential projects brought up by the Adani Group. The project is in 19 acres of virgin land with [...] Continue Reading »
Delhi- The three development authorities of Gautham Budh Nagar were targeted on 4th December by frustrated home buyers as there were allegations that despite various home buyers being cheated, action was taken against only selected developers. A demand by the buyers stated that the developers should upload all their project’s NOC and other related important [...] 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- Along with speeding up the work on the delayed Faridabad-Noida-Ghaziabad (FNG) corridor project, the anti-encroachment plan has also been taken up in to action by the Noida Authority. This drive will be effective from December 6 on the proposed highway. Due to the increase of the unauthorized constructions and infringements, the authorities have taken up the anti-encroachment drive in September to curb them. [...] Continue Reading »
In terms of real estate, 2012 was a dull year because of poor industrial production and high interest rates, according to Jones lang LaSalle. In 2012, 1,60, 622 residential units launched and at the same period in 2011, 1,54,701 units were launched. The year-on-year rise in average residential capital value in 2012 was in the [...] Continue Reading »
Kolkata – The serious issue regarding land and sops policy is highly affecting the West Bengal’s real estate market. During an inauguration of a three day conclave on Bengal Builds with top city and few pan India developers as invitees, Chief Minister, Mamta Banerjee quoted that the state is in deep debt to offer freebies to [...] Continue Reading »
