The Haryana government has proposed higher collector rates for the Gurugram district, marking the second revision for current financial year. The state government currently reviews the collector rates – also known as circle rates – applicable to the region twice a year. Collector rate is the minimum value at which a property is registered at […]
Last year, Haryana had notified a rule under which up to four floors can be constructed on a plot and sold individually, making Gurgaon on the outskirts of Delhi attractive for buyers who prefer to live in independent floors. DLF, while announcing its quarterly result, said it would upgrade existing plotted inventory to independent floors, […]
Housing sales declined 27 per cent to 55,138 units during the first three months of the calendar year 2020 from 75,534 units in the year-ago period across nine major cities IT city Gurugram in Haryana witnessed the highest drop of 63 per cent in housing sales during the January-March period of this year, on poor […]
The revival of confidence among buyers could lead to prices of residential and commercial properties in Gurugram increasing by as much as 10% to 20%. The market in Gurugram is now witnessing the positive effects of the implementation of Real Estate (Regulation and Development) Act, 2016 (RERA). Bucking the trend in urban centres around the […]
New Delhi: Real estate developers have restarted construction work at over 100 projects in the National Capital Region, after getting permission from local authorities and fulfilling government mandated conditions that include sharing worker details and making provisions for isolation rooms and doctors at sites. The group has received permission to restart work at seven projects […]
NEW DELHI: Jasola, a colony known for water problems, has suddenly become a sought after place.The Delhi Development Authority (DDA) auctions reflect that the real estate prices have seen an upward trend, even in the troubled Jasola Phase II.In three days of auctions of residential plots in Jasola, DDA raked in Rs 141.90 crore.The plots […]
The report also stated that the price growth has gradually stagnated across the country, although Pune witnessed the highest price growth of 67% in the last decade. The National Capital Region (NCR), including Delhi, Gurugram, Noida, Greater Noida, Faridabad and adjoining areas, witnessed the lowest decadal increase in the price of residential housing at only […]
A report released by real estate consultancy Anarock on Monday stated that new Gurugram witnessed supply of 5,400 new units to become one of the hottest real estate micro-markets in the country. New Gurugram and Sohna have emerged as the third and eighth most active residential real estate micro-markets in the country based on the […]
The circle rates are hiked twice in a year and the administration has sought objections for the revised rates till January 10. Move to hike circle rates is likely to depress the market further.Homebuyers will have to shell more money to buy independent floors in plotted residential colonies, and apartments in group housing societies mostly […]
To bring transparency in property registration and weed out corruption, the district administration is introducing online property registration from December 25 in Faridabad Tehsil. The facility is being started as a pilot project in eight districts, including Faridabad, Jagadhari, Thanesar, Rewari, Tohtak, Jind, Kaithal and Karnal. The software is being developed in Chandigarh and the […]
NEW DELHI: The draw of lots for DDA’s flagship ‘Housing Scheme 2014’, offering over 25,000 flats across various categories, will be held on Monday to decide the fate of over 10 lakh applicants. The draw would be held DDA headquarters ‘Vikas Sadan’ at 11:30 AM and officials said the date has been decided after conducting […]
NEW DELHI: Delhi government on Friday took steps to not only put an end to the confusion among property buyers and sellers but also to contain the builder mafia. In a circular, sub-registrars across all 11 districts have been directed that the `agreement to sell’ between a buyer and the builder or developer must be […]
