Residential properties
Now Delhiites can get their properties converted from leasehold to freehold even without a sanctioned building plan. The same can now be achieved through a copy of house tax assessment order or proof of permanent electricity connection. The Delhi Development Authority (DDA) on Wednesday passed this order in a bid to clear around 1,000 such [...] Continue Reading »
In a research report titled Economy & Realty @ Glance for March 2014, Knight Frank India, says that the sales volume in realty has declined across India. The report gives us an insight into how has this happened. The report categorically says that the sales volume of listed real estate companies across India has halved [...] Continue Reading »
Guwahati sees highest rise in the real estate prices in the last quarter of 2013 The last quarter of 2013 witnessed Guwahati registering the second highest rise in prices of residential properties among major cities in India. As per the National Housing Bank (NBH), a subsidiary of Reserve Bank of India (RBI), the prices of residential properties in 16 cities [...] Continue Reading »
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 »
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 »
Nashik- Following an issue raised by an opposition leader at the general body meeting regarding selective waiving of property tax, the Nashik Municipal Corporation (NMC) asked the property tax department to conduct a probe on the issue. The opposition leader, Sudhakar Badgujar, had claimed that the deputy commissioner (taxes) has selectively waiving property tax worth [...] Continue Reading »
According to a survey, the National Property Index (NPI) rose by over three percent October-December quarter (2012) as compared to the preceding three months quarter. These results were obtained despite weak buyer sentiments prevailing in market. National Property Index (NPI) is a weighted average of supply and prices across 11 cities namely Bangalore, Ghaziabad, Mumbai, [...] Continue Reading »
Delhi: The Delhi Development Authority (DDA) has approved the proposed ‘land pooling’ policy, presenting a new hope that would speed up the process of development of the nation’s capital. Ever since the implementation of the first Master Plan of Delhi 1961, the DDA started acquiring large chunks of land, develop residential or commercial properties on [...] Continue Reading »
Pune Municipal Corporation (PMC) is set to recover the long pending property tax of approximately over Rs 5 lakh in a new initiative. The civic body has decided to hire a brass band to play music to awake property owners who have not paid pending property taxes on time. This brass band will follow the [...] Continue Reading »
DLF has launched DLF Ultima, an ionic complex with its strong and powerful architectural vocabulary in Mediterranean style. DLF Ultima is located Sector 81, Gurgaon. DLF Ultima has large balconies with independent houses which become an outdoor space binding the entire apartment. “DLF Ultima” is a huge complex, which is separated into two smaller complexes. [...] Continue Reading »
