The market for rental accommodation in the Delhi-National Capital Region (NCR), has remained strong, especially along the outskirts. With the government’s demonetisation drive affecting real estate sales, the rental market has gained momentum. Consequently, … READ FULL STORY
City development authorities in most Indian states, either provide land development rights to developers to build projects or sell residential land as freehold through auction. The trend to allot land on leasehold, is mostly … READ FULL STORY
Uttar Pradesh chief minister Yogi Adityanath, at a meeting with developers and top administrators from Noida and Greater Noida Authority, has asked builders to hand over 50,000 flats in the next three months, after … READ FULL STORY
Alka Rajpurohit, a non-resident Indian (NRI) from Dubai, wanted to sell her luxury apartment in Gurgaon and instead, buy a premium apartment in Noida. Rajpurohit’s decision, reflects the changing dynamics of NRIs’ investments in … READ FULL STORY
IT/ITeS and BPO companies, have been instrumental in attracting the young workforce to big cities like Delhi, Bengaluru, Mumbai, Pune, Hyderabad, Jaipur, etc. Consequently, this job sector has significantly impacted the rental landscape of … READ FULL STORY
If extra FAR (Floor Area Ratio) is a good incentive for developers to build green buildings, then Noida should have many such buildings, noted a panelist at a seminar on sustainable development, in Delhi. … READ FULL STORY
With rising demand for office spaces in Delhi, co-working spaces have gained popularity. The trend started last year, with providers of such spaces enticing start-ups and self-employed people to lease such properties. Now, these … READ FULL STORY
The Allahabad High Court, on August 30, 2017, directed the authorities in Noida not to ‘make any development or changes’ on the 4,500 acres of land allotted for a food park, to be set … READ FULL STORY
The Allahabad High Court, on August 29, 2017, expressed strong dissatisfaction over the Uttar Pradesh government’s offer of ‘adequate compensation’ to a Noida resident, on whose land thousands of trees are likely to be … READ FULL STORY
A petition challenging allotment of more than 4,000 acres of land to Baba Ramdev’s Patanjali Yog Sansthan, in Noida in Uttar Pradesh, came up for hearing before the Allahabad High Court, on August 28, … READ FULL STORY
The 7th Pay Commission has been notified and the salaries of central government employees and pensioners, are set for a major revision. This is likely to boost demand and liquidity in the real estate … READ FULL STORY
Scores of home buyers in Jaypee Infratech’s projects in Noida, on August 19, 2017, raised slogans against the company for its failure to deliver homes on schedule and also tried to march towards the … READ FULL STORY
Abhinav Kanchan works with a reputed developer from Bangalore. Consequently, he understands the importance of buying a home from a credible developer. Therefore, seven years ago, he booked a flat in Noida in Jaypee … READ FULL STORY
