Parks are an important feature of contemporary, landscaped housing projects. While such projects command a premium, park-facing apartments within the project are also priced higher than those which are road-facing or towards a corner. … READ FULL STORY
Rakesh Yadav bought his first property at Neharpar, Faridabad, at a rate of Rs 2,000 per sq ft in 2009. However, Yaday, who is a foreman, has avoided moving in to his house, as … READ FULL STORY
Total demand for urban housing is estimated at 4.2 million units for the period of 2016-2020, across the top eight cities, according to a report. Existing under-construction and planned supply of 1.0 million housing … READ FULL STORY
With a view to ensure the active participation of the local residents in the development of Gurugram, a ‘Residents Advisory Council’ would be constituted, the government has said. The council will advise on issues … READ FULL STORY
Development of 20 metro stations and its surrounding areas under the multi-modal integration (MMI) project to facilitate last-mile connectivity for metro users, as well as several important road infrastructure projects for the national capital, … READ FULL STORY
The Supreme Court, on November 18, 2016, stayed all the upcoming meetings of home buyers of Unitech Ltd, for giving their approval or disapproval to a proposed compromise scheme forwarded by the company, to … READ FULL STORY
The abolition of Rs 500 and Rs 1,000 currency notes, has come as a shock to Indian industries and the real estate market, in particular. The worry now, is that the realty market, which … READ FULL STORY
The Supreme Court, on November 9, 2016, appointed a two-member lawyers’ panel, to inspect the facilities at the flat of minister of state Rajyavardhan Singh Rathore in Parsvnath Developers’ Exotica project in Gurgaon, after … READ FULL STORY
To bring transparency in Haryana’s booming real estate sector, which is plagued by charges of corruption, chief minister Manohar Lal Khattar has scrapped a decades old policy, which allowed the state’s CMs, absolute discretion … READ FULL STORY
The Supreme Court, on October 21, 2016, directed Parsvnath Developers to hand over possession of a flat in its Gurgaon project, to minister of state for information and broadcasting, Rajyavardhan Singh Rathore, in two … READ FULL STORY
The Supreme Court, on October 19, 2016, directed Unitech Resorts Ltd to refund Rs 15 crores to 39 home buyers in its Gurgaon project, saying a property developer must respect the contractual commitment and … READ FULL STORY
‘Location, location and location’ has been the tried-and-tested format of success in Indian real estate, so far. It has been the best calling card for all developers. Many even assumed that if a developer … READ FULL STORY
Delhi Metro has set an ambitious target, under which the frequency of its trains will go up significantly, ensuring a waiting period of not more than three minutes between trains, for commuters in almost … READ FULL STORY
