real estate in Delhi
Max Group is planning to enter the hospitality sector with a wellness resort brand “Vana”. Vana Retreats and Hotel Pvt Ltd is a venture which is lead by Analjit Singh‘s son Veer Singh. The firm is planning to operate lifestyle properties across India and abroad with an initial project budget of Rs 300 crore. This [...] Continue Reading »
Residents residing in privately developed localities such as DLF, Sushant Lok, South City, Ardee City, Sun City, Nirvana Country, Palam Vihar and in other areas should pay the house tax to the Municipal Corporation of Gurgaon at the earliest. Government is now strict about the collection of house tax within the municipal limits, a senior [...] Continue Reading »
The state telecom Mahanagar Telephone Nigam (MTNL) has mandated a consortium led by the global real advisory firm DTZ to unlock roughly Rs 5000 crore from the land holdings in Mumbai and Delhi. The company also said that the land can be given for sale, lease and redevelopment through public-private partnership as a part of [...] Continue Reading »
Real estate market is in great demand among the NRIs as they are keen in investing in properties in the homeland. As per the statistics, in the year of 2012, around 40% enquiries related to Delhi’s real estate was from the NRIs. NRIs are also looking into investing in commercial properties along with residential properties. [...] Continue Reading »
An official from Ghaziabad Development Authority (GDA) said that within two years the authority will build two lakh low cost housing units. Ghaziabad is divided into two parts; old Ghaziabad and new Ghaziabad. The old area has a rich traditional background and the new area has a modern and cosmopolitan character. Ghaziabad real estate has [...] Continue Reading »
Delhi: Rohini Sector 9 is becoming a hot investment place due to the connectivity with the other parts of the city and easy access to schools, colleges and offices. Rohini Sector 9 properties have become the upmarket investment sector in Delhi which pushed the price of the properties and hence multi-storey apartments in Rohini Sector-9 [...] Continue Reading »
Ghaziabad- Northern Peripheral road connecting NH-24 with North Delhi is expected to boost up the real estate business by about 10 to 15 percent. Ghaziabad Development Authority (GDA), in collaboration with Central Road Research Institute (CRRI) planned the road project and the estimated budget for this project is Rs 440 crore. It is expected to [...] Continue Reading »
Almost all the rickety and stubby government buildings will be soon reconstructed to new high rise apartments and office blocks in Delhi. This is one of the biggest redevelopment exercises that will come up in the heart of Delhi since Independence. The existing two storey structures will be rebuilt to 10-12 storey residential blocks which [...] Continue Reading »
Faridabad is growing at a rapid pace and is among the fastest growing realty destinations in NCR area. Increased demand for residential property has pushed the property market and transactions have increased by manifold in the area. Availability of homes at affordable rates along with improved infrastructure have resulted in property prices to go up [...] Continue Reading »
Indian real estate is witnessing a tough competition both internally and externally. Foreign retail players are rushing to step in the Indian realty sector and at the same time, the domestic real estate developers are trying to reach out to them. The domestic retail developers reported that they are trying to build the retail chains [...] Continue Reading »
