Embattled real estate firm Unitech Ltd has been directed by the Supreme Court, to deposit Rs 15 crores principal amount by September-end, to pay back investors who had bought flats in its Gurgaon project … READ FULL STORY
According to a report by Colliers International India, Q2 2016 witnessed the residential sector on the cusp of a recovery, as the top six cities – Bengaluru, Pune, Mumbai, Gurgaon, Noida and Chennai – … READ FULL STORY
In 2009, Manisha Ghai was offered a flat in Greater Noida, for Rs 35 lakhs. She liked the apartment and its cost. However, the interior decorator, who mostly travels in and around Delhi-NCR for … READ FULL STORY
In a recently-launched project in the National Capital Region (NCR), the developer promised amenities, such as power back-up, fully air-conditioned rooms, modular kitchens, pantry and laundry facilities, as well as a professional concierge services … READ FULL STORY
When Aditi Mishra, a fashion designer, shifted to Faridabad in 2009, she did not like the place. After having spent many years in Gurgaon, she found Faridabad to be a sleepy city, devoid of … READ FULL STORY
Office space absorption increased by 46%, to over 10.2 million sq ft in the second quarter of 2016 on improved demand from corporates, according to property consultant CBRE. The National Capital Region (Delhi, Gurgaon … READ FULL STORY
Real estate continues to remain an attractive investment option for Indians. Nevertheless, despite the attractive returns on investment, it may be time for a reality check. According to a pan-India survey by Track2Realty, more … READ FULL STORY
Property has emerged as the first choice for investment, among serving government employees, as well as those who have already retired, with close to half of the employees in 20 cities of India, preferring … READ FULL STORY
When Anita Juneja bought an apartment in Delhi, in 2012, the cost of the apartment was Rs 2 crore and the circle rate was Rs 1.4 crore. This meant, that she could benefit by … READ FULL STORY
In a recent judgment, the Delhi High Court has held that service tax cannot be levied on the purchase of under-construction flats. Presently, service tax of 15% is levied on 25% of the consideration … READ FULL STORY
The Supreme Court on July 1, 2016, directed real estate major Unitech Ltd, to deposit an amount of Rs 5 crores in its registry, for failing to hand over apartments in Noida to consumers, … READ FULL STORY
Greater Noida west, popularly known as Noida Extension, is the third phase of Noida’s development, after Noida and Greater Noida. It is rapidly emerging as an affordable hub, for middle-class buyers in the National … READ FULL STORY
For the past two years, Swadeep Sharma was on the lookout for a house in Noida. Last year, he zeroed-in on a house, in one of the newly-completed projects on the Noida Expressway. However, … READ FULL STORY
