Private developers
Latest housing scheme by the Delhi Development Authority (DDA)’s with about 3,000 flats on offer will be postponed by at least six months due to the unfinished construction of flats as well as ongoing elections. The housing scheme was announced after a hault of four years and was likely to roll out last month. For [...] Continue Reading »
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 »
Delhi- In order to promote low-cost housing projects, the government is planning to allow foreign direct investment (FDI) in such projects, subject to a host of conditions, including a lock-in period and minimum capital requirements. At present, FDI is banned in the real estate business but 100 percent FDIis allowed in the construction development projects [...] 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 »
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 »
Bangalore- Karnataka Chief Minister Jagadish Shettar has directed the Bangalore Development Authority (BDA) to allot sites to applicants only if infrastructure facilities have been created in the layouts. Half of the work on providing basic facilities has been done in the BDA’s newly formed layouts. The remaining work has been planned to be completed by [...] Continue Reading »
The state government offers 32 authorised public parking lots under the revised parking floor space index (FSI) policy for 30,000 vehicles in the city. Brihanmumbai Municipal Corporation (BMC) has received 70 proposals out of which 32 got government’s nod, 20 of them are located in the isle of the city and nine in the western [...] Continue Reading »
The 2,750 acres of land in Bangalore North was acquired by Bangalore Development Authority to form Arkavathy Layout about nine years ago. Despite the fact that allotment of the site is yet to be completed, high-end villas, villaments and row houses have come up all around Arkavathy. The private developers have been showing interest to [...] Continue Reading »
Ghaziabad is fast becoming one of the hot spots of real estate growth in India. The reason being concerted effort put up by Ghaziabad Development Authority (GDA), UP Awas Vikas, the municipal authorities and various private developers to improve the social and physical infrastructure of the city . The city has witnessed an appreciation of [...] Continue Reading »
The tussle between public and private authority has pushed back development in Gurgaon. Almost the entire area of ward 34 comes under private developer DLF in New Gurgaon. Due to this, the authority of the Municipal Corporation of Gurgaon (MCG) in the area remains constrained. The councilor of the area has also been in a [...] Continue Reading »
