GURUGRAM: A no-objection certificate (NOC) from the department of town and country planning is now a must for registry of properties in Gurugram. And to make the registration process transparent, the department has deployed its officials at all the nine tehsil offices, officials said. As per Section 7A of Haryana Development and Regulation of Urban […]
Leading developers and property consultants in NCR have claimed to achieve 50% of sale during lockdown in comparison with the same period, last year. Discount up to 10%, reduction in home loan interest, less booking amount is driving the sale, developers told ET. “We came out with ‘Lockdown offer’ for our commercial as well as […]
Gurugram based realty firm Vatika has leased about one lakh square feet of office space to Dentsu Aegis Network (the UK headquartered media and digital marketing communications company). This standalone commercial building at sector 44, Gurugram is expected to be ready by July 2020 and will cater to over 1100 employees as well as support […]
GURYGRAM: Residents of farm houses in the Ansal Aravalli Retreat and Golden Heights in the Gurugram district are facing demolition after the Sohna municipal committee served notices a week ago for construction on ‘gair mumkin pahar’ (non-cultivable land). The notices were served to 450 farm house owners as per the October 23, 2018 direction of […]
NEW DELHI: The Delhi High Court, dismissing a petition seeking directions to waive rent payable by tenants during the Covid-19 lockdown period, observed that “there can be no eviction, on ground of non-payment of the rent for tenants who are poor” but “it ought to be kept in mind that even the landlords can be […]
Leading developers and property consultants in NCR have claimed to achieve 50% of sale during lockdown in comparison with the same period, last year. Discount up to 10%, reduction in home loan interest, less booking amount is driving the sale, developers told ET. We came out with ‘Lockdown offer’ for our commercial as well as […]
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 […]
