Latest Realty News

Land rates hiked in Noida, Yamuna e-way areas
Jun 03, 2014
DELHI: Buying a property in Noida and along the Yamuna expressway has become more expensive.
Prices of commercial property like offices and shops fall 30% from peak on oversupply, weak demand
May 13, 2014
DELHI: Prices of commercial property, which includes offices space as well as shops in malls and shopping complexes, have fallen 30% from their peak values in 2008 because of a glut in supply and weak demand over the past few years.
Greater Gurgaon: New axis for reality development
Apr 24, 2014
DELHI: Greater Gurgaon, 24km from Gurgaon city, is a newly notified area in the new Master Plan and is the new marketing name for Sohna Road.
Market gets a new drive on Dwarka Expressway
Apr 11, 2014
DELHI: Construction on Dwarka Expressway is going on in full swing and it is likely that it will be completed in 2014-15, giving a big boost to residential and commercial real estate projects in the region.
Realty development in Dharuhera
Mar 26, 2014
DELHI: Dharuhera is the fastest growing industrial town on the outskirts of Delhi. One report says that in terms of demography, Dharuhera is the fastest growing town of Haryana, and that it is also the new growth corridor of Gurgaon and New Delhi.
Bhiwadi: Best bet for middle class
Mar 25, 2014
DELHI: Bhiwadi is one of the fastest growing destinations with manifold developments taking place in the residential, commercial, and industrial sectors here. The big advantage of Bhiwadi — for that matter places on or near NH-8 — is the ease of connectivity. The place has attracted a lot of industrial activity and provided scope for a boom in the real estate.
DDA proposes more FAR
Mar 24, 2014
DELHI: DDA is planning to increase the floor area ratio (FAR) for residential as well as commercial property in Delhi. At present, the FAR of residential property is only 2.
Realtors welcome Aravali plan, activists protest
Feb 26, 2014
DELHI: The proposed easing of the existing construction norms in green zone by the NCR Planning Board have been hailed by realtors and recreational industry players in Gurgaon.
Multiplexes, parks OK in NCR’s green zones
Feb 25, 2014
DELHI: The NCR Planning Board’s green light to more real estate construction activities in ecologically fragile zones like the Aravalis not only allows more commercial activities in the name of tourism but also gives state governments virtually a free hand in deciding how they to want to use these areas.
Greater Noida West brings opportunity for retail buyers
Feb 15, 2014
DELHI: Commercial property has always been considered a huge investment and preferably a deal made for corporate houses, MNCs, big and foreign investors. Retail players or small buyers found it expensive due to location, size and cost and hardly got a small office space within their budgets, so they preferred to rent a small office space to run their operations. But for the first time in the NCR (National Capital Region), Greater Noida West is offering opportunity for retail and small buyers too
Investments have an edge along NH-8 in Delhi-NCR
Feb 14, 2014
DELHI: National Highway 8 has been playing a crucial role in catering to the people coming from all corners of the country by facilitating the growth of commercial and residential real estate investments along this stretch. Realty projects under construction along NH-8 cover a stretch of 15km through Haryana and present multiple options for investors in search of early-bird investment opportunities.
Gurgaon is still an investor’s gold mine
Feb 12, 2014
DELHI: Gurgaon—one of the most promising realty markets in India—began its innings as the Millennium City with the creation of high-quality commercial spaces.
Planned urban infrastructure key to growth in Delhi-NCR
Feb 08, 2014
DELHI: Investment inreal estate in the long term is always rewarding. Among all the asset classes, the long-term real returns from real estate are the highest. But for this, one must find out the right areas to invest. In the Delhi NCR, there are a number of pockets, where the return can be very good.
Mixed land use policy to soon be implemented in Noida
Feb 07, 2014
DELHI: After an in principle approval of mixed land use policy for specific areas within industrial and residential sectors in November last year, Noida Authority on February 6 held a meeting with residents and entrepreneurs to discuss the issue.
World's Ultra-rich Hold a Fifth of Their Wealth in Real Estate
Jan 16, 2014
DELHI: The world's super rich people hold a fifth of their wealth in property, estimated at USD 5,328 billion, while Asia's ultra rich have a greater share in real estate, a report says.
Developers eye Aravali green zones in Haryana
Dec 30, 2013
DELHI: “Conservation zones” in the national capital region, including the eco-sensitive Aravalis, Yamuna riverbed and areas around major water bodies, have been the main targets of Real Estate developers who sought the lifting of restrictions on “recreational activities” put in place by state government tourism policies. In a concerted approach, they appealed to the NCR Planning Board (NCRPB) to, in fact, include tourism projects under the “recreational” category.
Indian retail: Managing dead mall spaces
Dec 28, 2013
MUMBAI: As a consequence of India’s retail transformation, the country has seen a substantial increase in mall space over the years. However, out of the hundreds of shopping centres operational today, only a few can be counted as genuinely successful.
Commercial market a preferred investment choice in Delhi/NCR
Dec 26, 2013
DELHI: Developers and investors are now turning their focus upon commercial property, as these have greater potential for capital appreciation compared to residential property.
Early start, proper planning will guarantee good future
Dec 10, 2013
DELHI: Lt Col Jit Bahadur Chettri, a 39-year-old Indian Army officer, is posted in a remote area in North-East India. His wife Ritu is also an officer in the Army Education Corps. They have two sons, Sparsh (9) and Utkarsh (7). Chettri represents that rare breed of officers who are financially well-aware of the need to meet their financial goals comfortably. When Lt Col Chettri approached us for financial planning this year, his family already had a well-diversified investment portfolio. With a
Cyber City Gurgaon rents soar
Nov 21, 2013
DELHI: Outsourcing giant Convergys has left its iconic ship-shaped building in Cyber City and moved to a new office on Sohna Road after rents in the IT hub appreciated sharply in anticipation of Rapid Metro’s launch.
Bhiwadi is the boomtown in the desert
Oct 30, 2013
DELHI: Bhiwadi, a typical Tier II city, promises value for money to investors and end users alike. The town is adequately equipped to handle the huge demand for affordable housing, coming from the work force employed in various industries here.
Gurgaon shows resilience to recession
Oct 24, 2013
DELHI: Golf Course Road continues to dominate Gurgaon’s suburbs as the prime address for both residential and commercial property. It is followed closely by Golf Course Extension Road, which is emerging as yet another zone for luxury real estate and golf-themed projects.
MCG gets nod to resume property tax collection
Oct 18, 2013
DELHI: After months of deliberation, the special committee appointed by the state government was finally able to clear the property tax muddle late on October 16, paving the way for the municipal corporation to resume tax collection in Gurgaon.
Allotment of commercial properties put on hold in Noida
Oct 17, 2013
DELHI: The Noida Authority has temporarily suspended allotment of 30 commercial properties, including two plots meant for malls in Sectors 2 and 61, for defaulting on payments amounting to about Rs 200 crore. Officials said sub-lease, mortgage and construction permission to the defaulters will also be banned. The Authority has warned of cancelling allotments of 20 more commercial properties.
New Delhi traders rue sky-high land rates
Oct 15, 2013
DELHI: In the last five years, only 65, mostly commercial, properties in New Delhi Municipal Council areas have been converted from leasehold to freehold. Reason, the exponential increase in land rates—a crucial component in calculating conversion charges—from Rs 28,980 per sq metre to Rs 19.35 lakh per sq metre for commercial establishments.

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