Faridabad
It is quiet surprising to know that neither Bangalore nor Delhi are the affluent neighbourhoods in the country. Faridabad is known as the one of the richest neighbourhood with average income of every house being Rs 22.96 lakh. Sectors 14, 15, 16, 16A and 17 are the main areas in the race. Others which follow [...] Continue Reading »
Ever heard of water affecting the housing sector in a city? Yes it is true in case of Gurgaon! The ground water level in the city has been going low at an alarming rate which in turn is affecting the real estate projects in Gurgaon and Faridabad. Keeping the water level in mind, Central Ground [...] Continue Reading »
The delay in National River Conversational Plan (NRCP) has increased the pollution level in Yamuna river, Haryana. According to the Comptroller and Auditor General (CAG), the failure of STP’s in Faridabad has resulted in increase of pollution level in Yamuna river. The industrial wastes from Panipat and Faridabad said to be polluting the river in [...] Continue Reading »
Demand for property in major cities across the country have dipped and sharp increase in borrowing costs had kept buyers on the sidelines. Banks have raised their lending rates sharply in the past few months after Reserve Bank of India (RBI) raised interest rates 11 times since March 2010. Bhopal leads the pack in rise [...] Continue Reading »
Experts say those who did not get a flat in the recent DDA draw must explore options in the NCR. Realty experts say that those who did not get a flat in the recent DDA draw or all those who have not booked a DDA flat must think of the NCR now. The overall development [...] Continue Reading »
The Solid Waste Treatment Plant at Bandhwari is nearing completion and will be functional in November this year. Now, the residents can hope that Faridabad will become a clean and beautiful city. Solid Waste Treatment Plant has been built under JNNURM with a cost of Rs 76 crore. The Solid Waste Treatment Plant at Bandhwari [...] Continue Reading »
Property buyers in Gurgaon and Faridabad may have to fork out an extra ‘charge’ with Haryana deciding to levy an infrastructure augmentation charge on developers.The state assembly passed the Haryana Development and Regulation of Urban Areas (Amendment) Bill, 2010 on Tuesday.The amendment enables private developers to get full and partial completion certificates for projects. The [...] Continue Reading »
