MRG Group announced to develop ‘PRIMARK’ with a substantial investment of Rs 250 crore in sector 90, Gurugram. This investment aligns with the group’s vision of creating ‘Spaces for Life’ and aims to address the growing demand for affordable housing options in one of India’s rapidly developing urban centres. The new project draws inspiration from […]
The ultra-luxury housing is in high demand and Delhi-NCR has emerged as one of the top locations for this trend. Post-pandemic, the luxury housing market has acquired a strong foothold, thanks to the rising disposable incomes accompanied by a desire for better living. To tap the luxury housing market, Noida-based real estate player Galaxy Group […]
The Delhi Development Authority (DDA) is reviewing the eligibility criteria for allotment of flats offered under the agency’s housing schemes that allows one person to bid for just one unit, as the authority is looking to augment sales by attracting more buyers. The clause was added to provide affordable housing to a larger part of […]
NEW DELHI: The Delhi government’s plan to revise circle rates of residential and commercial areas in the capital is back on the drawing board. Officials said the previous plan prepared by the revenue department proposing the creation of subcategories in A to H categories of residential areas with multiple slabs of circle rates was returned […]
The under-construction Dwarka golf course, being built by the Delhi Development Authority (DDA) in Sector 24, will be ready by the end of the year, according to senior DDA officials aware of the matter. Pegged as the country’s longest, the golf course is spread over 159 acres. The 18-hole course has a total length of […]
GURGAON: A private agency hired by MCG has started distributing tax assessment bills to 6.4 lakh property owners, so they can rectify as well as revise the existing data with the corporation on property tax, officials said on Tuesday. With the exercise underway, residents won’t have to visit MCG’s office to make corrections in the […]
NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has bought land in Sector 33 to finally hand over 55 plots that were allotted about a decade ago. The Authority has also started development work in sectors 32 and 33. The plots were allocated to MSMEs in 2013, with 1,769 plots in Sector 32 and 144 […]
Bharti Real Estate has revealed plans to invest over Rs 6,595 crore ($794 million) for the establishment of a global business hub adjacent to the . SK Sayal, the CEO of the company told ET, “We have undertaken one of the largest developments in Delhi and once completed, it will competewith the best of the […]
The department of town and country planning (DTCP) on Wednesday issued directions to the developers of Chintels Paradiso condominium in Sector 109 to get Tower G vacated at the earliest as it has been declared unsafe for habitation by the district administration following a safety audit by IIT-Delhi experts.. The department also said the audit […]
Gurugram: The Haryana government on Thursday regularised 450 colonies across the state, including three falling under Manesar Municipal Corporation.Chief minister Manohar Lal Khattar, who was addressing a press conference in the state capital Chandigarh on Thursday, said the government was considering 1,856 more such colonies for regularisation, and these will be considered once the regularisation […]
The Noida and Greater Noida authorities have moved quickly to take up the recommendations of the union government-appointed committee on stalled real-estate projects, which includes a model package to give a boost to developers in the two cities, over the weekend. This comes in the wake of the committee, headed by former NITI Aayog CEO […]
After a report by an expert committee of the Union Ministry of Housing and Urban Affairs (MoHUA) on legacy stalled real estate projects, Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has said 3,467 real estate projects are registered with it. Out of this, 1,598 projects are registered in the National Capital Region (NCR) of […]
