Golf Links
A 20-30 per cent hike in circle rates across various categories of properties may be witnessed by the capital over the next fortnight. The hike may be steeper for the upscale colonies in categories like A and B. This effort is been taken to rationalize registration in view of market rates , to tame the black [...] Continue Reading »
New Delhi- With the increase of the circle rates by the Delhi Government, the property prices in Delhi are expected to rise. Circle rates were raised by about 200 percent concerning the minimum valuation of land and immovable property to curb the black money transactions. The 200 percent hike was seen in areas like Greater Kailash, [...] Continue Reading »
The economic slowdown has not affected deals in Delhi’s premium real estate space. In a record deal, Gujarat-based Torrent Group has bought 1,124 sq yards of residential property in Chanakyapuri for Rs 111 crore, at the rate of around Rs 10,00,000 per sq yard. This is the highest recorded rate in the recent past in [...] Continue Reading »
Many high valued properties in India are avoiding the payment of stamp duty as the buyers are acquiring the shares of the construction company, which owns the property. In the process the buyers are not transferring the ownership of the property in their name by paying stamp duty. Thus the seller avoids the payment of [...] Continue Reading »
New Delhi Municipal Council (NDMC) community centres will be added to two more gated communities in Delhi. Resident Welfare Associations of Jor Bagh and Golf Links have reserved their rights for the usage of NDMC centres from NDMC’s Welfare department. These centres will be used for all kinds of activities related to social and cultural [...] Continue Reading »
