Indian real estate
Within few years, Delhi will witness five new sub-cities on the lines of Dwarka and Rohini by Delhi Development Authority’s (DDA) with it’s has launched a new land-pooling policy. This attempt of government hasn’t been able to meet since long time, but with the help of land-pooling policy, the developers or large landholders are allowed [...] Continue Reading »
Pitampura is a locality situated in northern part of Delhi between Outer and Inner Ring Roads, NH 1 and Rohtak Road. It is residential locality and has good number of retail and commercial centers. Mostly, this area comprises of residential colonies and plotted houses developed by Cooperative Housing Societies and the Delhi Development Authority (DDA). [...] Continue Reading »
Competition Commission of India (CCI) has declined the charges of abuse of dominant position against the real estate company Universal Buildwell. It was declared by CCI that there is no existence of a prima facie case for creating an investigation as Universal Buildwell did not appear to be dominant in the market of development of [...] Continue Reading »
NCR Projects Pvt Ltd has launched a new residential project NCR Olympia, which is located at Greater Noida West. The project is expected to be delivered in 2015 December. The project offers different variants of apartment housing. It offers 2 BHK apartments with a built up area between 995 sq ft and 1190 sq ft [...] Continue Reading »
Jaypee Group launches new residential plots “Jaypee Yamuna Vihar” in Jaypee Sports City in Yamuna Expressway. The project is expected to be completed in December 2015. The project offers different variants for residential plots with area ranges between 209.3 sq.yd to 418.0 sq.yd. The plots are priced between Rs 55.75 lakh and Rs 1.11 crore. [...] Continue Reading »
The new scheme, i.e. the conversion of Delhi Development Authority (DDA) flats that were registered on general power of attorney (GPA) and agreement to sell (AS) to freehold has been liberalised by the Urban Development Ministry. Earlier, DDA had stopped conversion from leasehold to freehold of properties registered on GPA. But the new move brought [...] Continue Reading »
Great Value brings to you world-class new residential project SHARANAM, in Sector 107, Noida. This a new stature of luxury residential apartments at Noida which comprise of 18 exclusive towers with 2, 3 and 4 BHK Flats. There are three variants of apartments in offer. One is the 1095 Sq ft and 1250 Sq ft [...] Continue Reading »
A decision on the draft law to set up a regulator for realty sector with provisions for jail term for the builders who put out misleading advertisements of projects has been deferred by the Union Cabinet. This regulator also made compulsory that all the developers who want to launch projects can only get the approval [...] Continue Reading »
Delhi Development Authority (DDA) is set to hire a consultant to help in retrofitting and reconstructing old building in East Delhi. In a survey done by Central Building Research Institute, it is found out that around 70 percent of buildings were unsafe on Yamuna flood plains and it has become the most important task for [...] Continue Reading »
In a move to bring in great relief for thousands of owners of Delhi Development Authority (DDA) flats, the properties registered between 2001 and 2011 on general power of attorney (GPA) and agreement to sell (AS) will be entitles for conversion. Transferring from leasehold to freehold that were registered on GPA and AS from 2001 [...] Continue Reading »
