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NCR real estate to benefit from Yamuna Expressway: Property experts

NCR real estate to benefit from Yamuna Expressway: Property experts
With Yamuna Expressway being opened, property analysts believe that that real estate market in the region is going to witness a boom and the NCR and western UP belt will become a hot destination for homebuyers as well as investors. A hike of 30 per cent in property prices is expected as the Expressway is [...] Continue Reading »

Maharashtra Housing Bill 2012 gets approval

Maharashtra Housing Bill 2012 gets approval
The Maharashtra Housing Bill 2012 has finally been passed by both Houses of the Maharashtra legislature, which sets the stage for the development of the country’s first housing regulator and appellate board with substantial powers to protect the consumer and penalize the builders in case of any offense. The Bill has laid down the rules [...] Continue Reading »

Homebuyers of Noida Extension demand banks to give up interest

Homebuyers of Noida Extension demand banks to give up interest
Greater Noida Authority has been offering a zero period to builders for paying installments. This seems to have motivated the homebuyers of Noida Extension. The buyers, forming a group of around 80 members, on Monday, demanded banks to waive off interest paid on EMIs during the land row period. Although builders have promised not to [...] Continue Reading »

DDA Delhi to provide Permanent Address to Thousands of Homebuyers by 2021

DDA Delhi to provide Permanent Address to Thousands of Homebuyers by 2021
Delhi will be mapped using remote sensing and GIS (Global Information System) tools. This would be updated from time to have real-time data of the ground situation. Inputs would be taken from here to detect and prevent unauthorized development and encroachment on public land and facilitate the protection of green belts. According to DDA, Delhi [...] Continue Reading »

Homebuyers hit by Project Delays considering Legal Action after CCI Order against DLF

Homebuyers hit by Project Delays considering Legal Action after CCI Order against DLF
Lawyers in Delhi, Mumbai, Bangalore and Kolkata have been approached by people whose dream homes remain a distant dream as real estate developers keep postponing projects and missing delivery deadlines. The Competition Commission of India (CCI) order has come as a huge boost to those looking for relief as some have decided to move the [...] Continue Reading »

95 Percent of Housing Societies in Mumbai are not Insured

95 Percent of Housing Societies in Mumbai are not Insured
Insurance of buildings has been compulsory since 2001 under the state government byelaws, hardly any housing societies have taken the initiative. Title insurance ensures that the current owners are safe from past claims and title faults, and puts the property firmly in their possession, particularly in case of housing societies. Insurance can also protect against [...] Continue Reading »

Noida Extension Builders assured no Extra Burden on Existing Customers due to the Land Row

Noida Extension Builders assured no Extra Burden on Existing Customers due to the Land Row
Builders in Noida Extension have assured existing buyers that they do not have to incur any additional expenditure due to the ongoing land row. The builders say that new home buyers may have to shell out more than the current prices to cover the losses incurred by them if additional compensation is paid to villagers. [...] Continue Reading »

Buyers unite on saving Noida Extension

Buyers unite on saving Noida Extension
26,000 homebuyers had been homeless and their dreams have been shattered in less than a fortnight time under the twin blows order by Allahabad High Court of Sahberi and Patwari verdicts, but seems the realisation that it is more important to buyers to ensure the survival of Noida Extension first for safeguarding individual investments is [...] Continue Reading »

Buyers have to pay EMIs also after the initial investment in the Noida Land

Buyers have to pay EMIs also after the initial investment in the Noida Land
When Supreme Court upheld an Allahabad high court order cancelling the land acquisition in Sahberi village, the builders had offered to relocate the initial 6000 homebuyers out of 26000. But still buyers have little prospect of relocating to another apartment in the same area and on top of that they will also have to keep [...] Continue Reading »

High Hopes of Patwari Farmers want better Compensation instead of Land

High Hopes of Patwari Farmers want better Compensation instead of Land
The Patwari farmers got what they wanted. It was their 600 hectares of land which was acquired by the builders and was given back as per the Allahabad High Court order to Greater Noida Authority and developers. For about 600 hectares in Patwari, the total compensation paid to farmers was over 450 crore. Yet they [...] Continue Reading »



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