Gurgaon
Recently, the Department of Town and Country Planning (DTCP) has come up with a new rule, stating that the private developers will now have to notify the flat owners and the investors if there is any change expecting in the layout plan of the projects in Gurgaon. This directive will surely bring some transparency in [...] Continue Reading »
Gurgaon- In order to establish the Haryana Real Estate Regulatory Authority (HRERA) for regulation and planned development of the realty sector, the Haryana Town and Country Planning Department has invited suggestions on The Haryana Real Estate (Regulation and Development Bill-2013). The Authority would regulate properties of over 1000 square meters or projects consisting over 12 [...] Continue Reading »
The detailed status report of the 26 projects by National Highways Authority of India (NHAI) has been put on its website on the back of a face-off with minister of environment and forests (MoEF) over delayed green clearances for several road projects. The authority had posted all the details of each of the project, describing [...] Continue Reading »
Chandigarh: The Haryana Government is planning to give up the process of verification of the Below Poverty Line (BPL) cards for allotment of plots and houses under the EWS quota. The government had a practise of verification of genuineness of the BPL cards while allotting plots/flats reserved for the people belonging to the Economically Weaker [...] Continue Reading »
Gurgaon- The Millennium City is a best option for those looking for investing in Delhi-NCR real estate. The city promises high returns on investment and a secure environment. The new master plan of Gurgaon gives hope to investors on better connectivity and lifestyle features of the city. This has attracted more and more investments to [...] Continue Reading »
Recently, the Haryana Urban Development Authority (HUDA) approved a budget of Rs 890.77 crore, in which Gurgaon got the lion’s share of Rs 605.48 for the development work in the urban sector across the state. The development project consists of storm water drainage system, construction of a flyover and special repairs of roads connecting Surajkund. [...] Continue Reading »
IDFC, the leading banker, is in talks over the takeover of the Delhi-Gurgaon Expressway project from the present concessionaire, Delhi-Gurgaon Super Connectivity Ltd (DGSCL). The NHAI has given its approval to IDFC’s purchase of 74% stake in the project. Reports said that the approval does not imply that the company had taken over the project [...] Continue Reading »
Gurgaon- The luxury market of Gurgaon real estate is emerging as a hot destination for investors. As Gurgaon developers have observed, above 70 percent of property buyers in Gurgaon are buying properties for investment purpose and only the rest are end-users. The real estate in Gurgaon started picking speed after DLF came up with luxury [...] Continue Reading »
Gurgaon- The takeover of the Delhi-Gurgaon expressway by Infrastructure Development Financial Company (IDFC) has led to chaos in the maintenance of the project. Delhi-Gurgaon Super Connectivity Ltd (DGSCL) said that they had been working as per the memorandum of understanding (MoU) with National Highway Authority of India (NHAI). NHAI, IDFC and other stakeholders have scheduled [...] Continue Reading »
After selling of the non core realty assets, DLF is planning to to launch up to 15 million square feet of new projects next fiscal. Aman resorts, luxury hospitality chain and Mumbai land, which is non-core assets, have been sold by DLF for around 4,400 crore. This is included in their “wind energy” venture of [...] Continue Reading »
