Noida
Federation of Noida Residents Welfare Association (FONRWA) has written a letter to Noida Chief Executive officer demanding conversion of leasehold to freehold and raising other unresolved issues. FONRWA says that although state government had introduced conversion to freehold and all housing boards, including Ghaziabad Development Authority, Noida authority officials were not implementing the conversion in [...] Continue Reading »
Delhi Metro Rail Corporation (DMRC) is starting trial for eight-coach trains from October. The step has been taken to ease the crowds and these trains will be put into revenue service by this year end. HUDA city centre-Jehangirpuri and Dwarka-Noida/Vaishali corridors are the ones to be benefitted by these trains as the eight-coach trains are [...] Continue Reading »
The residential real estate index prepared by the National Housing Bank (NHB), the housing prices in 16 cities including Delhi, Mumbai, Chennai, Bangalore, Pune, and Kolkata improved in the quarter ending June 2012, compared to the previous quarter ending March 2012. The prices of residential properties in 16 cities have shown an increasing trend in [...] Continue Reading »
With NCR Planning Board has finally given its approval to the Greater Noida Master Plan and opening of Yamuna Expressway, between Greater Noida and Agra, real estate in on track in the area. With the resumption of construction at Noida Extension, good time seems to have arrived for the home buyers. It is a good [...] Continue Reading »
Developers seem to be upbeat about the prospect of real estate industry in Noida Extension. Developers such as Amrapali Group, Assotech Limited and Paramount Group have expressed that the region has immense potentiality as a real estate hub. Noida extension realty sector started with 75 developers offering a range of of 1/2/3 BHK housing for [...] Continue Reading »
There has been considerations regarding verticalisation of Delhi in the new master plan for 2021 by allowing higher floor area ratio (FAR) in the city. The aim behind such plan is to increase housing stock and rejuvenate some old commercial areas. Property rates in Delhi, especially in the south and central parts, have soared to [...] Continue Reading »
The Noida Authority has decided to speed up work on the Faridabad-Noida-Ghaziabad (FNG) corridor project. The chief engineer has been instructed to visit the project site and take stock of all obstacles in way of the project. The corridor is a part of its Master Plan 2021. 16km stretch of the proposed 56km corridor falls [...] Continue Reading »
Real estate major Unitech expects a sales realisation of Rs 400 crore over the next 2-3 years from a new premium housing project in Noida. Unitech launched a seven-acre housing project ‘Exquisite’ in Noida last week. Unitech, the country’s third largest realty firm, will develop 312 luxury apartments in the project. The sizes of the [...] Continue Reading »
As urbanisation is spreading at a fast pace in India, the pressure on land is ever increasing as availability of land is getting scarce. As a consequence, number of high-rise residential projects coming up in Noida, the NCR or elsewhere in the country is adding up. Mohit Arora, the Director of realtor Supertech Group, have [...] Continue Reading »
Gurgaon has emerged as the top commercial destination in national capital region(NCR). In spite of rise of other NCR areas like Greater Noida, Kundli, Manesar, and Dwarka Expressway, Gurgaon still shelters maximum number of IT/ITeS companies. Analysts say that commercial capital values have almost been doubled in past couple of years while the leasing values [...] Continue Reading »
