Housing projects
Noida: Despite many challenges being faced by housing projects in Gautam Budh Nagar because of the land row for an inordinate amount of time, the region continues to be an affordable housing hub. The Greater Noida and Yamuna Expressway authorities had recently released housing project forms for 12,000 flats for which they witnessed overwhelming response. [...] Continue Reading »
Gandhinagar: New housing policy has been drafted by the Gujarat government and is expected to be announced in a month’s time. According to sources, the government will simultaneously announce two sub-policies on slum rehabilitation and affordable housing in the cities. The state government has been planning to develop 22 lakh houses in the urban areas [...] Continue Reading »
Despite the real estate market in small cities and towns witnessing a revival, developers are concerned as these areas had faced the maximum heat of economic slowdown. Astrum Homes was planning to develop mid-income housing projects in smaller cities in 2013. Now the company has extended its launches by 2015. The company was set up [...] Continue Reading »
Gurgaon- With property prices increasing rapidly in Gurgaon, buying a property in the city has become extremely difficult for buyers of low-income group (LIG). Gurgaon has emerged as a favourite destination of many property investors and real estate developers. In order to support developers in building more and more affordable housing units, the government of [...] Continue Reading »
Lucknow- Uttar Pradesh government has planned to revise housing policy in favour of developers for reserving certain percentage of units for economically weaker sections (EWS) of the society in their housing projects on above 3,000 square metres of land. The policy will be made applicable to both group housing and plot development projects. According to [...] Continue Reading »
New Delhi- While many buyers are struggling to find affordable houses to buy in Delhi, there are over 500 DDA flats lying vacant. The Delhi Development Authority (DDA) has several flats which are lying vacant as they were either surrendered or cancelled under various housing schemes. Among the vacant flats, many are higher income group [...] Continue Reading »
New Delhi- The new regulator has just proved to be beneficial for the buyers, as it will keep the builders on a tighter leash while selling their projects. With the new regulatory law in effect, the builders can no more sell their projects based on their initiated ‘super area’ concept rather they will sell their residential properties [...] Continue Reading »
New Delhi- The Competition Commission of India has modified few clauses for commercial agreements between realty giant DLF and property buyers, in two projects by DLF in Gurgaon in the NCR. In March 2012, the Competition Appellate Tribunal (COMPAT) had directed CCI to present a modified buyer-seller agreement and the fair trade regulator (CCI) is [...] Continue Reading »
Chennai- It surely takes some time for areas located in the city outskirts to get reasonably priced civic amenities, observes urban planners. Projects have been announced in the suburbs even before the land acquisition formalities are completed. Areas such as Oragadam and Sriperumbudur lack basic amenities such as water supply, sewerage system and health and [...] Continue Reading »
The Greater Noida Authority has started survey of acquiring land freshly in Noida Extension villages which also include Shahberi region, where several were hampered by Supreme Court. To acquire 156.3 acres of land in Shahberi village, the Supreme Court had destroyed the 2007 notification of the UP government last year. The authority had imposed a fine [...] Continue Reading »
