Realty News
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 »
Noida has been in the spotlight due to its drastic and sudden improvement in the residential and commercial real estate area. Billboards and newspaper advertisements has driven the interest of many buyers from Delhi-NCR region. A real estate broker said that Yamuna expressway and the surrounding areas are the best to invest currently. He said [...] 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 »
Paras Tierea is a new residential project by Paras Buildtech which is coming up in Noida expressway. This project is located at sector 137 Noida expressway, which is one of the hottest investment destinations presently. The project offers 3 BHK apartments and Paras Buildtech has thoughtfully designed the apartments to ensure the comfort level of [...] 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 »
The real estate private equity arm of Piramal Enterprises, Indiareit Fund Advisors has recently made two investment in realty projects in Mumbai, Pune and Bangalore. The total amount of investment made is around Rs 200 crore. The first investment made is worth Rs 100 crore in a project by Omkar Realtors & Developers. This a residential [...] Continue Reading »
The realty firm ATS Infrastructure has announced that it will invest around Rs 600 crore on a housing project “ ATS Lifestyle” in Punjab. ATS Lifestyle spreads over 22 acres and comprises of 300-acres integrated township situated at Dera Bassi near Chandigarh. According to the ATS Group Managing Director Getamber Anand, the project will have [...] Continue Reading »
The new project launches in Delhi-NCR is highly affected by project approval delays, increasing costs and lackluster demand from the buyers. The new launches in NCR has dropped by 35 percent to 5,208 when compared to the statistics of last year which was around 8, 041 units. Launches were limited to few areas like Greater [...] Continue Reading »
