Affordable Housing Projects in Gurgaon,Sohna
Festive momentum, infrastructure upgrades and premium launches are turning Gurugram into India’s benchmark for high-end living. Gurugram, popularly known as the Millennium City, has reinforced its position as the National Capital Region’s (NCR) luxury real estate hub, with property prices rising 84 per cent in the past five years. Average rates climbed from Rs 6,150 per sq. ft. in Q1 2020 to […]
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The highway authority invited bids on Wednesday for a firm who will prepare the detailed project report (DPR) which is likely to be completed by October 15. The National Highways Authority of India (NHAI) has started the planning work on constructing an elevated corridor connecting AIIMS to Mahipalpur bypass and the Gurugram-Faridabad Road, officials said. The new corridor is expected […]
Read moreCHANDIGARH – DELHI NCR In a bid to increase the scope of affordable housing, the Haryana cabinet on Wednesday gave the go ahead for amendment in Affordable Housing Policy-2013 Haryana Development and Regulation of Urban Areas Act 1975 for change in Minimum Area Limit, Project Area Limit and Increase in Commercial Component and Parking Provisions. As per the amendments, the […]
Read moreThe 33rd Goods and Services Tax ( GST ) Council meeting in New Delhi has made some important decisions regarding the real estate sector. Reportedly, the Council has approved the lowest rate of 1% tax on the affordable houses, sources said. According to sources, the non-affordable houses will be charged at 5% GST without the input tax credit. The council […]
Read moreTo bridge the gap between the government, developers and consumers, Magicbricks organised an event ‘Real Estate – The RERA and GST Era’ in New Delhi on June 29, 2017 The Real Estate (Regulation and Development) Act, 2016 (RERA), has given India’s real estate sector a new direction but there are some teething problems being faced by developers. To bridge the […]
Read moreGovernment’s announcement to withdraw ₹500 and ₹1000 notes from the market, aimed at curbing black money transactions will affect the Real Estate and Gold markets the most. Curbing the parallel economy has long been a sour spot for the government and the RBI. In real estate market especially, where the transaction values could range in crores, the cash component is […]
Read moreThe Centre has made a provision of Rs 66.65 crore for Haryana under the Pradhan Mantri Awas Yojna for 2016-17. This was informed in a meeting of state-level sanctioning and monitoring committee on Pradhan Mantri Awas Yojana-Urban, which was chaired by Chief Secretary DS Dhesi here on Thursday. The Union government would provide Rs 40 crore, while Haryana’s share would […]
Read more“M3M group has signed an agreement to transfer its shares in the proposed SEZ to Tata Realty and Infrastructure along with Standard Chartered Private Equity” Real estate firm M3M India has entered into an agreement with Tata Realty and Infrastructure to sell its proposed IT-SEZ at Gurgaon for about Rs 500 crore. M3M India’s subsidiary Mikado Realtors Pvt Ltd had […]
Read moreThe Haryana government announced its decision to reduce collector (circle) rates of immovable property in Gurgaon district by 15 per cent, an official said. The lowering of circle rates will bring down the cost of buying property in Gurgaon. The new collector rates lower compared to those of the last year, an official spokesman said here. The new rates have […]
Read moreGURGAON: The Haryana government has unveiled a two-pronged measure to create more space for housing in its cities by allowing plot owners to increase ground coverage as well as purchase additional floor area ratio (FAR). This means the state’s urban spaces, particularly NCR cities like Gurgaon and Faridabad, will get both taller and more congested as the state rakes in […]
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