Latest Realty News

NCR Planning Board meet called over Haryana plan
Feb 27, 2014
DELHI: The NCR Planning Board will meet on March 6 to discuss, among other things, an approval of Haryana’s crucial sub-regional plan.
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.
DDA offers penalty relief
Feb 25, 2014
DELHI: In its board meeting on February 24, DDA decided to launch a one-time relief scheme for those who stayed away from the leasehold to freehold conversion camp conducted recently.
Demand up for luxurious realty in Millennium City
Feb 25, 2014
DELHI: Millennium City Gurgaon today has a growth story that mirrors India’s growth over the last decade. Registering rapid urbanization, Gurgaon has become the city with the third highest per capita income in India.
Removal of the toll plaza, might hike Gurgaon Expressway property rates
Feb 25, 2014
DELHI: After the removal of the toll plaza, Gurgaon seems to have brought more than traffic to speed. According to real estate experts, dealers and builders, there is already increased activity in the real estate market and prices in Gurgaon could see an increase of about 10 to 20%.
Steep hike in circle rates likely in Delhi
Feb 24, 2014
DELHI: The capital may witness a 20-30 per cent hike in circle rates across various categories of properties over the next fortnight. The hike may be steeper for the upscale colonies in categories like A and B.
Gurgaon-Pataudi Road is set to emerge as a prime residential destination
Feb 21, 2014
DELHI: Once upon a time, Pataudi was the seat of a princely state, which was ruled by the nawabs of Pataudi. With the rising demand in housing today, Pataudi (Gurgaon-Pataudi Road) has turned into an urban cluster teeming with real estate development and industrial set-ups.
Real estate market looks up in Greater Gurgaon
Feb 20, 2014
DELHI: Located 24km from Gurgaon city, Greater Gurgaon, the newly-notified area in the new Master Plan, is the new marketing name for Sohna Road. Currently, Greater Gurgaon is registering a boom in the real estate market with supply keeping pace with demand; experts even say the area is all set to emerge as the next axis for residential, commercial, institutional, and industrial development in Gurgaon.
Connaught Place eighth costliest office location in world: Report
Feb 19, 2014
DELHI: Connaught Place in Delhi slipped four notches to become the world's eighth most expensive office location as rentals remained stable and rupeeweakened in 2013, said property consultant Cushman & Wakefield.
New Gurgaon has a range of housing options
Feb 19, 2014
DELHI: New Gurgaon — well connected to NH-8, the forthcoming Kundli-Manesar-Palwal Expressway, and Dwarka-Gurgaon Expressway—has brought fresh supply of units for people looking to invest in residential and commercial real estate. And, the residential property looks especially attractive here owing to the affordable rates.
DDA holds camp for mutation of property
Feb 18, 2014
DELHI: There was a mixture of hope and scepticism among applicants at DDA’s Lok Shivir, a five-day camp to expedite the process of leasehold to freehold conversion. While some people came out of the camps with conversion deeds in their hands, some complained of insufficient assistance provided by DDA officials at the camp. According to authority officials, 500 applicants turned up at the Shivir on February 17, of whom 378 applicants were issued conversion deeds on the spot. Those who did not get
HSIIDC goes online to allot plots
Feb 18, 2014
DELHI: With the financial year drawing to a close, HSIIDC, the industry authority, is attempting to attract new investors to the region. The latest in a series of systemic upgrades announced by the corporation’s head offices is the new online facility for prospective entrepreneurs planning to invest in Haryana. The ‘online mode’ for allocation of industrial plots aims to make the process of allotment speedier.
DDA holds camp for mutation of property
Feb 18, 2014
DELHI: There was a mixture of hope and scepticism among applicants at DDA’s Lok Shivir, a five-day camp to expedite the process of leasehold to freehold conversion. While some people came out of the camps with conversion deeds in their hands, some complained of insufficient assistance provided by DDA officials at the camp. According to authority officials, 500 applicants turned up at the Shivir on February 17, of whom 378 applicants were issued conversion deeds on the spot. Those who did not get
40.72 lakh high spenders in the country under tax scanner
Feb 17, 2014
DELHI: Over 40.72 lakh high value spenders are under the scanner of the Income Tax department which plans to check potential evasion instances before the closing of the financial year on March 31.
DDA to release 21,000 hectares for housing
Feb 17, 2014
DELHI: End users and investors will have great opportunities to buy houses in Delhi at relatively affordable prices. In the last one decade, growth in the National Capital Region (NCR) was mainly driven by the construction activities in the satellite town of Gurgaon and Noida. This was mainly because of unavailability of land in Delhi.
Allotments for 900 plot owners in Gurgaon
Feb 17, 2014
DELHI: The HUDA administrator said the process will begin on February 17 and would go on for a week. Each day a specific plot size will be allotted in the draw. The plots will be given to those who had not been given land in Sector 56-57 due to litigations.
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
HUDA to fine architects for faulty building plans
Feb 15, 2014
DELHI: Architects, not house owners, will be issued notices if HUDA authorities find violations in building layouts in newly constructed houses within its jurisdiction.
Land allotment rates hiked in Greater Noida
Feb 15, 2014
DELHI: Your dream house in Greater Noida has just got costlier. In its 97th board meeting on February 13, Greater Noida Industrial Development Authority (GNIDA) announced a 10.21% hike in the allotment price across all categories of land in the city. The hike comes into effect from April 1 this year. The authority will soon take out a formal notice.
Finance cost pulls down Unitech net
Feb 15, 2014
DELHI: Real estate developer Unitech has posted a 61 per cent decline in its net profit to Rs 32.8 crore for the the quarter ended December 31 because of higher expenses and finance costs.
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.
Work speeds up on Dwarka Expressway in Delhi
Feb 12, 2014
DELHI: There is good news for investors and end users who bought property along the 18km-long, 150-metre-wide Dwarka Expressway in Gurgaon with the latest estimates saying that the project is likely to be completed by the end of this year.
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.
Gurgaon: Sector’s growth engine in the NCR
Feb 11, 2014
DELHI: Investments in real estate have been one of the greatest wealth builders in history. However, such investments have to be well gauged and thoroughly researched, a report by DTZ says. Over the years, a few micromarkets in the Delhi NCR have emerged as destinations for future investments, which are not only providing relative affordability but are also undergoing significant transformations owing to infrastructural development, improving connectivity, and the potential to attract real estat

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