Real estate in India
Mumbai, Gurgaon and Bangalore have been witnessing steady appreciation in property prices for over four years now. The property prices in Mumbai went up by an average 66 per cent, whereas Gurgaon saw an average rise of 52 per cent closely followed by Bangalore with an average of 46 per cent. Experts believe that the [...] Continue Reading »
Gurgaon introduces registering property with e-stamping facility. E-stamping and on-line registering is already practised in Delhi. Land registration is described as matters concerning ownership, possession or other rights of land and kept as records. The state Government of Haryana has requested to make provision for regular issuance of stamp papers from treasury and bank. It [...] Continue Reading »
The demand for studio apartments is increasing. Studio apartments are generally the most cost effective residential options for working professionals who want to own rather than renting. Studio apartments basically comprise of single large room that include the bedroom, living and dining areas, with small kitchen and bathroom. Studio apartments are preferred largely by bachelors, working [...] Continue Reading »
The Delhi Government plans to develop public utility services on unused plots of 1,000 sq. yards or above which are vacant in unauthorised colonies; in a bid to protect them from land sharks. The Delhi Urban Development ministry commenting on this move said that although there is no land vacant in over 700 colonies; there [...] Continue Reading »
Mumbai: On a move to step up real estate sales, Reserve Bank of India (RBI) has cut Repo Rate for the third time since January by 25 basis points. However, the lowering of the Repo rate by 0.25 percent may no sooner be beneficial to home loan seekers as it is too small to have [...] Continue Reading »
Wave Infratech sets its hopes high for their super ultra-luxurious commercial project in Sector 18, Noida. With a total built up area of around 10, 00,000 sq. ft.; this iconic landmark building will boast of 37 floors consisting of an Ultra-luxury Hotel, Commercial space, Retail space, Multiplex and many more. Christened ‘Wave One’ the project [...] Continue Reading »
Housing and Urban Development Corporation is coming up with a new housing scheme, where low rank government employees can own a house for themselves. The state authority is in negotiation with the government agencies in Andhra Pradesh, Maharashtra, Punjab and Karnataka for its new Rent-to-Own scheme. Before the scheme is launched, a government agency will [...] Continue Reading »
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 »
Gayatri Group has launched its new project “Gayatri Life” situated at Noida 16, Noida Extension. The project is expected to be completed in 2016. The project offers different variants for residential apartments well planned 1, 2 and 3 BHK apartments. The built up area for the flats varies from 625-1650 sq ft. The catching factors [...] Continue Reading »
