News & Facts

5 Best Real Estate Apps For Real Estate Professionals     With the advent of several electronic means, the realty sector has started doing thing much easier than before. The realestate professional are able to really generate potential leads for projects in and around the city. There is an app for every operation you want to perform which makes the agents intelligent over time. There are several way these days for brokers or realtors to find the right choice of customers for the de... Read More
Pradhan Mantri Awas Yojana Grants Rs 66 Crores for Haryana’s Development CHANDIGARH: Under the Pradhan Mantri Awas Yojna, Haryana has been granted Rs.66 Crores for its development in the next two years. In a meeting chaired by the Chief Secretary DS Dhesi here on Thursday, this was announced. It was a state-level meeting in association with the monitoring committee on Pradhan Mantri Awas Yojana-Urban.While the Union government would grant more than half that amount, the state’s... Read More
Rs. 500 Crore deal between M3M Group and Tata Realty to sell Gurgaon Tech SEZ New Delhi: A 500 crore rupee deal has been struck between M3M India and Tata Realty to sell the IT special economic zone – SEZ Gurgaon very soon. Meanwhile, Mikado Realtors Pvt Ltd, M3M India’s subsidiary has already been granted approval by the commerce ministry to develop an electronic and hardware IT/ITeS in Gurgaon on twenty five acres. Official reports say that M3M group has signed a Memorandum of Un... Read More
Real estate development is the key to the success of Smart Cities Mission RICS has released a statement today highlighting the growth of real estate development in the wake of the Smart Cities Mission. There will be opportunities stemming up due to this mission for the realty sector to grow in the near future. This change is due to the proposed budget allocated for the development of cities, which is 89%, concerning buildings, waterfront, transportation, sewage etc. RICS has joined hands with ... Read More
Supreme Court orders Supertech to deposit Rs 5 crore New Delhi: The Supreme Court has explicitly ordered Supertech to deposit Rs.5 Crore in the registry to make refunds to home buyers in relation to a particular project. The Allahabad High Court earlier had ordered demolition of a twin tower named Emerald Court in the National Capital Region. The court also mentioned that the amount had to be deposited on or before the apex court said that the amount has to be deposited by July 25 af... Read More
DDA flats returned by allottees due to bad quality New Delhi: In a shocking response, over forty percent of the houses allotted under the DDA scheme by the government has been returned back by the allottees, due to bad quality and size.The Minister of State for Urban Development Rao Inderjit Singh said in a written statement that out of twenty five thousand flats allotted under the scheme, roughly around ten thousand flats have been returned back for lack of quality. Most people did not s... Read More
Dubai Realty Market Revolves Around Golf Properties Dubai’s realty market is slowly getting influenced by Golf Homes currently. Reputable builders are focused on constructing premium accommodations. With the DP World Tour in the offing, Dubai’s realty industry is picking up at great speed. Jumeira Golf Estates, Arabian Ranches and Emirates Hills are some of the Golf communities creating a stir in people’s minds. An explicit report from Luxhabitat, one of Dubai’s largest ... Read More
Circle Rate Increase in Noida Not to Impact Middle Class Good news for middle class and lower middle class real estate investors in Noida.On 25Jul2016, Noida District Administration has intimated that, the proposed sharp increase in the circle rates would not affect the middle class property buyers, and the increased circle rates would be applicable only to the elite areas of the city. Supporting this announcement Noida Extension Home Buyers Association withdrew their protest against the rev... Read More
Industries to be Graded for Shifting to Outskirts, According to Pollution Levels As a part of the pollution control drive, the government has decided to categorise industries into 3 types according to the pollution levels. This is mainly to shift these industries to different locations in the outskirts of the city. The Urban Local Bodies developed this plan earlier to reduce the pollution levels in Gurgaon and improve the quality of air. The plan will be implemented by the municipal corporatio... Read More
Omkar Realtor’s Ananta is Unveiling Details of Unsold Units Omkar Realtor, one of the top Mumbai based realtor has recently unveiled details of its limited unsold inventory on higher floors of its project named Ananta. The units are mostly 2BHK apartments starting at Rs.1.5 crores. The surprising fact is that these units will have an additional car parking each and this facility has been extended to those that missed out the opportunity of booking flats at this project initially by giv... Read More
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