we take a look at a micro-market in Gurgaon called Southern Peripheral Road. This developing micro-market has several completed and under-construction apartment projects. It has sound conenctivity through National Highway-48, SPR, Sohna Road and Golf Course Extension Road. The price range of houses is between Rs 5,100 per square feet and Rs 7,500 per square […]
NEW DELHI: Homebuyers are likely to slowly return to the market in the coming six months as real estate is still perceived as the preferred mode of investment, a report by National Real Estate Development Council (NAREDCO) and Housing.com points out. According to ‘concerned yet positive – The Indian Real Estate Consumer (April – May […]
Property owners have begun inserting a lockdown clause in new agreements with tenants following disputes over payment of rent for the lockdown period. Fresh agreements being drawn up by lawyers mention that in case of a lockdown there will be no waiver of rent or mention a mutually agreed percentage of the rent that could […]
The Haryana government has proposed higher collector rates for the Gurugram district, marking the second revision for current financial year. The state government currently reviews the collector rates – also known as circle rates – applicable to the region twice a year. Collector rate is the minimum value at which a property is registered at […]
Last year, Haryana had notified a rule under which up to four floors can be constructed on a plot and sold individually, making Gurgaon on the outskirts of Delhi attractive for buyers who prefer to live in independent floors. DLF, while announcing its quarterly result, said it would upgrade existing plotted inventory to independent floors, […]
Housing sales declined 27 per cent to 55,138 units during the first three months of the calendar year 2020 from 75,534 units in the year-ago period across nine major cities IT city Gurugram in Haryana witnessed the highest drop of 63 per cent in housing sales during the January-March period of this year, on poor […]
The revival of confidence among buyers could lead to prices of residential and commercial properties in Gurugram increasing by as much as 10% to 20%. The market in Gurugram is now witnessing the positive effects of the implementation of Real Estate (Regulation and Development) Act, 2016 (RERA). Bucking the trend in urban centres around the […]
New Delhi: Real estate developers have restarted construction work at over 100 projects in the National Capital Region, after getting permission from local authorities and fulfilling government mandated conditions that include sharing worker details and making provisions for isolation rooms and doctors at sites. The group has received permission to restart work at seven projects […]
NEW DELHI: Jasola, a colony known for water problems, has suddenly become a sought after place.The Delhi Development Authority (DDA) auctions reflect that the real estate prices have seen an upward trend, even in the troubled Jasola Phase II.In three days of auctions of residential plots in Jasola, DDA raked in Rs 141.90 crore.The plots […]
The report also stated that the price growth has gradually stagnated across the country, although Pune witnessed the highest price growth of 67% in the last decade. The National Capital Region (NCR), including Delhi, Gurugram, Noida, Greater Noida, Faridabad and adjoining areas, witnessed the lowest decadal increase in the price of residential housing at only […]
A report released by real estate consultancy Anarock on Monday stated that new Gurugram witnessed supply of 5,400 new units to become one of the hottest real estate micro-markets in the country. New Gurugram and Sohna have emerged as the third and eighth most active residential real estate micro-markets in the country based on the […]
The circle rates are hiked twice in a year and the administration has sought objections for the revised rates till January 10. Move to hike circle rates is likely to depress the market further.Homebuyers will have to shell more money to buy independent floors in plotted residential colonies, and apartments in group housing societies mostly […]
