Latest Realty News

Ensuring transparency: Noida projects to be on official websites
Jul 18, 2013
DELHI: In a move that will aid buyers in choosing legally sound projects, the Noida, Greater Noida and Yamuna authorities are planning to upload details of all builders who are constructing housing projects on their official websites. The decision was taken after the Uttar Pradesh chief minister directed the authorities to ensure protection for buyers and design a route to evade property related cheatings. Officials have now started the process to buy addition server space for the websites to ac
Environment Ministry limits ambit of clearances for realty projects
Jul 15, 2013
DELHI: The environment ministry, under pressure from real estate and builder lobbies, and state governments, has limited the ambit of clearances for projects in this sector. Now, local civic authorities will lay down the norms relating to building control and safety in line with the relevant master plan.
Noida sector 61 and 62: A complete package for property buyers
Jul 15, 2013
DELHI: If you have made up your mind to buy a residential property in Noida but not able to zero-in the location, then sector 61 and 62 are worth consideration. Unlike locations which are projected to grow in the next 5-8 years, these sectors have already got a decent physical and social infrastructure.
Most owners refuse to pay house tax in Gurgaon
Jul 11, 2013
DELHI: Most of the apartment owners and housing societies in different parts of Gurgaon did not file their property tax despites the MCG’s deadline on the pretext that they can’t pay double taxes to different authorities – the MCG and the developer of their society.
Industries in special areas of Delhi-NCR to require green nod
Jul 11, 2013
DELHI: Industries located in ‘redevelopment areas’ that were not designated for industrial activity but have become industrialized over the past several years will now be brought in the ambit of green laws. Industries that were set up before February 7, 2007, must apply to Delhi Pollution Control Committee for consent to operate, a permission that will be renewed annually.
Farmers start agitation in Noida yet again
Jul 05, 2013
DELHI: Farmers have intensified their agitation yet again in the entire Gautam Budh Nagar district halting construction work at around a dozen developers’ sites. Noida farmers stopped construction work in Sectors 74, 79, 112 and 119, vandalized the equipment and even thrashed the labourers. Farmers have declared that they will not allow construction to resume till Noida and Greater Noida authorities honour the Allahabad high court order and give them additional compensation and developed plots.
Finance minister advises public sector banks to cut lending rates
Jul 05, 2013
DELHI: The finance minister said on July 3 that banks have been advised to reduce their base rates and pass on the benefit of policy rate cuts to borrowers to help stimulate growth. FM reviewed the performance of state-run banks and financial institutions against the backdrop of a sluggish economy. The government is keen to boost growth, which has slowed to a decade low of 5% in 2012-13.
Govt eases norms for use of agricultural land for construction activity
Jul 04, 2013
DELHI: Lakhs of people living in rural areas in Delhi will benefit as Delhi Government on July 3 lifted certain restrictions on use of agricultural land for construction activities.

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