Realty News
Residents’ Welfare Association (RWA) of Orchid Petals, located in Sector 49 Gurgaon, has now decided to provide different facilities like power back up, road and security apparatus to the residents of the apartment. The RWA has taken over the maintenance of the township and this has become the biggest development in the city’s address because in [...] Continue Reading »
Delhi- Parliamentary Affairs Minister has called for a meeting of political parties on 7th March with regard to the planning of land acquisition bill. The government wants to move ahead with the bill and also the concern raised over the proposed legislation will be discussed in the meeting which will take place on first week [...] Continue Reading »
The Uttar Pradesh Government has stalled two major multi-crore projects of Delhi. The Public Works Department’s (PWD) project on the bypass road in Kalindi Kunj area and Transco in Noida are the two projects which have been temporarily stopped by the Government. According to senior Delhi Government officials, CM Sheila Dikshit had personally spoken to [...] Continue Reading »
Sahara has caught up in legal battle between Sebi and Supreme Court’s order to refund Rs 19000 crore to the investors. The firm is directed to deposit the amount with Sebi. In order to verify the authenticity of claims of repayment made by the two Sahara companies – Sahara India Real Estate Corporation and Sahara [...] Continue Reading »
Nashik- As water scarcity issue is rising in many cities, the Nashik Municipal Corporation (NMC) has stopped builders from using potable water for the ongoing constructions by disconnecting water connections. The Corporation said that the concerned builders have to arrange water from other sources like wells, borewells, etc. This move of the civic authority of [...] Continue Reading »
NBH is setting up an Urban Housing Fund with an allocation of Rs 2,000 crore to infuse liquidity for urban housing and to boost demand in the city. According to NHB, the budget will boost the affordable housing with an additional interest benefit of Rs 1 lakh on first-time home loans up to Rs 25 [...] Continue Reading »
Real estate sector of Delhi NCR remained upward in 2012. Places such as Gurgaon , Faridabad, Noida and Greater Noida witness new launches in the first quarter 2013 and have grown as the new residential areas. Land Craft Developers said that after getting good response for their two projects – River Heights in Raj Nagar [...] Continue Reading »
A day after the budget, the industry estimated the sale of affordable homes could increase up to 20 percent this year because of the additional exemption granted to the first time buyers. This benefit is for property which doesn’t exceed Rs 40 lakh. In the Budget it is said that, in 2013- 2014, the first time buyers, [...] Continue Reading »
Noida housing has got costlier than before. Even the additional rebate on interest of loans up till Rs 25 lakh for first-time homebuyers will not boost up the real estate market in Noida . Although the value of the land still remains high and demand also increasing day by day. So investing will add a [...] Continue Reading »
Luxury homes are going to cost more after the finance minister reduced the abatement on service tax availed by real estate developers for homes and flats above 2,000 sq ft or costing Rs 1 crore and above to 70% from 75%. The impact will be expanded in Mumbai for all the home buyers of under-construction [...] Continue Reading »
