By tripling the Floor Aria Ratio (FAR) from 200 to 600, Delhi Development Authority (DDA) may go vertical. As per the government officials this is done to cope with increasing housing shortage in the city.   Union urban development ministry …

Posted in Gurgaon, NCR Delhi, NOIDA | Comments Off

Property prices in tier II cities around Karnataka have augmented by ten-times over the past few years. This is due to increased interest of developers and end users in properties in secondary cities. The cities gaining preference include Mysore, Gulbarga, …

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A correspondent from The Economic Times recently interviewed a senior official of the housing ministry. As per this official, the housing ministry has asked for an year’s extension to avail the benefit of Tax exemption under Section 80 IB (10) …

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Housing Loan is very helpful for home buyers in present time, when property prices are growing rapidly. Though home loans make home buying easy, the lengthy process involved in this make it a daunting task. Knowing the process in advance …

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As per Economic Times, the Indiareit Fund Advisors, Piramal Enterprises’ real estate private equity branch plans to invest as much as Rs. 250 Crore in two projects in the next month.   Khushru Jijina, Managing Partner, informed the press that …

Posted in Mumbai, Newsletter | Comments Off

On 20 January, the Noida Extension Flat Owners and Members’ Association (NEFOMA) held a meeting to discuss their concerns regarding the lack of regulation in the real estate sector. The association demands quick implementation of the Uttar Padesh (Promotion of …

Posted in NCR Delhi, Newsletter, NOIDA | Comments Off

The government has proposed a plan to establish a Land Authority of India in order to monetize unused government land. The Land Authority of India will take over the unused and underutilized land. It is anticipated that monetization of the …

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Demand of office space in Delhi is anticipated to be stable for 2013. Though there will be improvements in retail demand, commercial buyers shifted attention to more cost effective options. Cautious approach of buyers will bring stability in office demand. …

Posted in Gurgaon, NCR Delhi, NOIDA | 2 Comments

The Department of Town and Country Planning (DTCP) directed real estate developers to transfer administration work to All Residents Welfare Association (RWA). The latest instructions are given to save the interest and rights of home buyers. As per the records …

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According to the Confederation of Real Estate Developers Association of India (CREDAI) housing policy of India should be improved for real estate development in the country.   President of CREDAI said that strong housing policy will play a vital role …

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