Monthly Archives: November 2012

Actresses like Bipasha Basu and Karishma Kapoor have become brand ambassadors of EMGEE Group and Avalon Group respectively, while actor Shah Rukh Khan is endorsing the Mahagun Group.     It is not new that movie stars are endorsing real …

Posted in Mumbai, NCR Delhi, Newsletter, NOIDA | Comments Off

The concept of a ‘Weekend Getaway’ or a ‘Holiday Home’ is fast catching the fancy of property buyers.   Developers in Mumbai are cashing in on this trend of buyers looking for second homes, away from the clamour of the …

Posted in Investment, Mumbai | Comments Off

Background Dwarka Expressway, also known as the Northern Peripheral Road, part of Gurgaon-Manesar Urban Complex, was initially proposed in the Gurgaon- Manesar Master Plan 2021 in 2008. One of its edge borders the airport and extending till NH8 (Delhi- Jaipur …

Posted in Gurgaon, Investment | Comments Off

The Real Estate Regulation Bill 2012, pending since 2009 is likely to be discussed in the Winter session of the parliament. This was confirmed by Ajay Maken, Union Housing and Urban Poverty Alleviation Minister, at the inauguration of the 14th …

Posted in Gurgaon, Mumbai, NCR Delhi, Newsletter, NOIDA | Comments Off

The Confederation of Real Estate Developers’ Associations of India (CREDAI) expressed resentment amongst developers regarding a proposal made by Ajay Maken, the Union Minister for Housing and Poverty Alleviation. As per the proposal as much of 35 percent of housing …

Posted in Gurgaon, Mumbai, NCR Delhi, Newsletter, NOIDA | Comments Off

Recently a Canada based Bob Dhillon, CEO of real estate firm Mainstreet Equity Corp, has announced that he is looking at Haryana and adjoining areas of Chandigarh for development of a township. Given the right circumstances, an investment of 25 …

Posted in Investment, Newsletter | Comments Off

In a press conference held on 6 Nov, Sandeep Mehta, CREDAI President said that should the government approve for multiple level parking in apartments, such a step would relieve parking space pressure besides enhancing the architectural aesthetic in the city …

Posted in Newsletter | Comments Off

On 5 November 2012, after inspecting a usually congested stretch, Vimal Yadav, Mayor promised to undertake some significant infrastructural changes.   This included converting existing roads from Rajiv Chowk to Sohna chowk as well as from Sector 4 round about …

Posted in Gurgaon, Newsletter | Comments Off

Gurgaon, a district in Haryana derives its origin from Guru-gram(village of the teacher). It is strategically located close to South of New Delhi, India’s capital, and forms a prominent part of National Capital Region. Although the city is a major …

Posted in Gurgaon, Investment | 4 Comments

The growth of real estate development and urbanization has almost been parallel since 1993 ever since GE capital set its operations in Gurgaon. As per statistics, between 2001 and 2011, there has been a change of nearly 74%. Given that …

Posted in Gurgaon, NCR Delhi, Rentals | Comments Off