Gurgaon-Manesar
Sub-regional plan revised by Haryana but the builders have to wait for change of land use licenses. Real estate projects awaiting change of land use (CLU) licenses have seen a ray of hope from the state government as the department of town and country planning on Tuesday submitted a revised sub-regional plan to the NCR [...] Continue Reading »
The new Draft Development Plan of Gurgaon-Manesar Urban Complex-2031 states that land will be no longer acquired for the SEZ (special economic zone) purposes. The provision, one among several others, comes in the wake of viability of SEZs put in question. Reliance Haryana SEZ Limited’s (RHSL) inability to purchase and accumulate contiguous lands for their [...] Continue Reading »
Manesar, the industrial hub in Haryana that houses several automobile factories has a huge demand for residential units. However, there is very less number of houses which are ready to shift into right away. There is a shortage of houses and the recent unrest at the Maruti Manesar factory has made the situation worse. Residential [...] Continue Reading »
According to ranking prepared by real estate data firm Qubrex, Noida has replaced Mumbai as the second-best realty destination of India this year. Gurgaon-Manesar retained the top slot. The rankings are based on parameters like – supply and demand, likely price appreciation in three years, emerging connectivity, potential growth in economic activity, nationally reputed builders, [...] Continue Reading »
