News & Facts

15 percent cut in the circle rate will revive realty market Bagish Jha reports that Gurgaon has plans to slash down the circle rates by 15% to recuperate the realty market which has been sluggish for quite some time. In the recent years starting from 2014, there has been no decrease in the circle rates to uphold the buyer sentiments. But, for the first time in the history of Gurgaon, the circle rate will see a downward flow which will definitely be a good sign for the realty market to improve.... Read More
The proposed elevated road to undergo change in future The proposed elevated road above the Dadri-Surajpur-Chhalera (DSC) Road will get a new design according to the authority of Noida. This move is aimed mainly to develop sectors and provide connectivity to other areas. By doing this, the DSC road will see less traffic and motorists will be able to commute easily. The congestion in areas near Barola will get diffused to a significant extent. Apart from that the villages such as Bhangel and Sa... Read More
Dharamsala getting the status uplifted for the first time as Smart City SHIMLA: With a massive number of Westerners visiting the place, Dharamsala has become very popular for quite some time now. Apart from that the city has been added to the list of “Smart Cities” recently. More noteworthy information is that the spiritual leader Dalai Lama has settled there. Venkaiah Naidu, the Union Urban Development Minister proudly announced the winners of the Fast Track Smart Cities Competiti... Read More
Yamuna e way to offer 280 flats at unimaginable prices, via draw GREATER NOIDA: In a surprising development, the Yamuna Expressway Industrial Development Authority launched a brilliant housing scheme on Wednesday to offer residential flats, industrial plots and other commercial units. Out of the 280 residential flats that are on offer, the smaller units totalling to 200nos will be costing Rs.11 lakhs each and the remaining ones will cost about Rs.19 lakhs each because of its increased size. A ... Read More
Surprising discounts from Gaursons and Supertech and a waiver on maintenance Gaursons has come up with an idea to grant access for buyers to the stadium and gym at a very minimal cost possible. NOIDA: Two big builders of great repute in Noida have agreed to cut down the maintenance charges in a collective effort, for their buyers. Gaursons has sent out a circular to their buyers saying that the charges to access the stadium and gym will be minimized to a significant level. Additionally, if an... Read More
5 more commercial hubs planned to decongest traffic in Lucknow The increasing traffic in the city of Lucknow has driven the authorities to take some essential steps by submitting proposals to construct five commercial centres in the developing areas. These centres will be built in the core areas of the city as reports confirmed. LUCKNOW: By decentralizing commercial activities in Lucknow, the traffic around the areas of hazratganj and Gomtinagar will definitely get eased to a significant exten... Read More
Choices of realty increasing in the heart of Noida The first-time home buyers that invested way back in 2009 in Noida Extension, now known as Greater Noida West, were definitely smart buyers. The prices at that time ranged between Rs.1800 and Rs.2200. However, people that started moving into their new houses faced problems due to incompletion of work and delays caused by other government issues. Their patience got tested very badly. Somewhere close to 3000 families moved into townships and ind... Read More
Unitech experiences a sale of Rs 963 crore in the year 2016 For the fiscal year 2014-2015, Unitech has sold properties worth about Rs.828 Crores, according to official reports. NEW DELHI: The sales bookings of Unitech raised by 16% taking the value up to Rs.863 crores for the last fiscal year. At the same time, the company has reported a loss of Rs 902.69 crore on a turnover of Rs 2,072.27 crore during the 2015-16 fiscal. At the end of the fiscal year, the Net debt stood at Rs 7,165.70 crore ... Read More
Ghaziabad begins to assess circle rates for the period 2016- 2017 The district administration of Ghaziabad is focused now on revising circle rates of properties for the period 2016-2017. The officials have taken a firm stance that the rates should be revised with minimal difference or should not be revised at all since real estate industry has experienced slump in the recent past.Circle rate is the value at which the second sale of property or transfer takes place. From 2013 onwards, this rate ... Read More
Noida Property details to be viewed on the internet by the end of June The property details of projects in and around Noida will be uploaded on the internet which includes, allotment letter, transfer of memorandum, occupancy certificate, from the end of June. The authority clearly confirmed that 60% of the documents are already on the internet while necessary steps are being taken to upload the remaining set of documents by June 15. Saumya Srivastava, deputy chief executive officer (DCEO), Noi... Read More
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