Residential
The swanky Green line is zipping ahead and so are the property prices: Construction work along the Metro corridors may have disgruntled them but property owners on this stretch now have good reasons to be delighted. As work expedited on the Malleswaram-Peenya line, land prices along the stretch rose by 20-30%, in the past two-three [...] Continue Reading »
With an aim to provide better connectivity, Delhi Metro Rail Corporation (DMRC) under its Phase III expansion plan plans to set up more than one station in large residential and commercial areas of the national Capital. According to officials, the expansion has been planned in a manner that the large residential as well as commercial [...] Continue Reading »
Lieutenant-Governor Najeeb Jung is highly likely to give green signal to the Delhi Development Authority’s plan to set up residential units along ‘facility corridors’ in the Capital. Once passed, this amendment in the Master Plan Delhi 2021 will open new areas in the city for housing projects. Regions located on the outskirts of Delhi including [...] Continue Reading »
In last one decade the satellite towns of satellite town of Gurgaon and Noida experienced great development primarily because of unavailability of land in Delhi. However, this may change soon as DDA has approved a policy based on the concept of pooling of agricultural land to accommodate the increasing demand of urbanization. This is a [...] Continue Reading »
The joint venture real estate company of Dubai’s Emaar Properties and India’s own MGF Group is seriously considering the idea of what it calls an “iconic” building in India. The venture has since its launch in the country in 2005, remained focused on high-end residential and commercial properties (in the ratio of 9:1). The development activities of [...] Continue Reading »
In one of the first real estate sentiment indices, Industry body FICCI and residential and commercial property consultancy, Knight Frank India have concluded an overall negative sentiment for realty across all zones including the National Capital Region (NCR) and Mumbai Metropolitan Region (MMR). The index further cited that the mood have got worse than what it was in the last [...] Continue Reading »
The Bangalore Development Authority (BDA) informed the Karnataka high court that in residential areas having roads less than 40 feet wide roads, no commercial or ancillary land use will be permitted. This was announced by the BDA counsel in a hearing of a PIL challenging the revised master plan 2015. It was actually in response [...] Continue Reading »
Mixed land use policy has been approved in Noida by the authorities on Wednesday. Thus, allowing commercial activities in residential sectors. As per the proposal, the commercial activities will be allowed in residential areas where the width of roads is 24 meters or above. The activities like hospitals, banks, schools, ATM kiosks, Guest Houses and [...] Continue Reading »
Bangalore- The Bangalore Development Authority (BDA) issued notices to 12 property owners in Kengeri for installation of mobile towers on the terrace of their homes. The authority claims that renting out terrace portion to any telecom company for setting up their mobile towers is in violation of the rule that residential property cannot be used [...] Continue Reading »
Hyderabad- Renowned Bangalore-based developer Salarpuria Sattva has announced the launch of “Necklace Pride”, a mixed-use development project in Necklace Road, Hyderabad. Following the completion of the Cyber Garden project in Hitec City, the company is launching this project, said Bijay Agarwal, Managing Director of Sattva Group. Being spread across 8.5 acres in the centre of [...] Continue Reading »
