Residential property in Delhi-NCR
Real estate firm Anant Raj Ltd has reduced debt by 6 percent to Rs. 1,403 crore last fiscal and is considering selling some of its hotel properties and land parcels to further cut the borrowings. Delhi—based Anant Raj said it has also invested about Rs. 1,000 crore in last three years to purchase 270-acre land, [...] Continue Reading »
Faridabad, which started off an industrial town, has presently become an end-user/buyer market; emerging as the most affordable real estate market in the NCR region. While most of the employment opportunities in Faridabad previously emerged from the town’s industrial sector, there has, in recent years, been a gradual shift in the trend; resulting in the [...] Continue Reading »
Noida: In the wake of the rise in property fraud cases and violation of environmental norms, the Noida residents and delegation of home buyers to meet the Uttar Pradesh administration to take strict actions against the violators. Anuj Singh, an ex-Army officer complained that after he booked a luxury flat in Noida, he found out [...] Continue Reading »
Real estate prices have been rising in NCR area and combined with increasing demand the scope for middle income group to get hold of residential property has been decreasing. As this supply demand gap is increasing, Tronica City area in Ghaziabad, is fast becoming a hub of residential and commercial property for the middle-income group. [...] Continue Reading »
According to RBI data, the growth in outstanding credit of banks, under priority sector housing loans, halved to 6.80 per cent in April, against 11.90 per cent in the year-ago period. SBI, the country’s largest public sector bank, expects a moderation in the growth in home loans. Close to 30 per cent of the home [...] Continue Reading »
