Affordable Housing Projects in Gurgaon,Sohna
GURGAON: 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 […]
Read moreThe Gurgaon administration has proposed to slash circle rates of properties by 15% this year to help revive a slumbering real estate market that is in the grip of a prolonged downturn. If the Haryana government approves the proposal, it will be the first time in recent history that Gurgaon, a premium real estate market, will see the circle rate […]
Read moreThe Real Estate (Regulation and Development) Act, 2016 will come into effect from Sunday. It has set in motion, the process of making necessary operational rules and the creation of institutional infrastructure for protecting the interests of consumers. Earlier this week, the Ministry of Housing and Urban Poverty Alleviation (HUPA) notified 69 of the total 92 sections of the act […]
Read more“US-based realty major Trump Organisation today announced a tie-up with India’s real estate private equity firm IREO to develop an office tower in Gurgaon that would cost around Rs 1,000 crore.” This is the third project in India by Trump Organisation, founded by republican presidential front-runner Donald Trump, but the first commercial project in the country. It has two residential […]
Read moreGURGAON: In yet another roadblock to the Dwarka expressway project, landowners are now objecting to the land-pooling scheme for rehabilitation of project oustees. They had earlier agreed to give up their land under the scheme but are now reneging on their word. With this, the draw of lots scheduled for April 12 to allot plots to oustees and landowners under […]
Read moreGURUGRAM: The Haryana government has set an ambitious target of generating 1,600MW power through rooftop solar plants by 2021-22. The focus on rooftop solar power plants is part of the Haryana solar power policy released by the Manohar Lal Khattar government in March. Last year, the government had made an announcement making it mandatory for houses built on plots of […]
Read moreNEW DELHI: Realty firm M3M India Ltd today said it has paid the last installment of over Rs 700 crore to Sahara group, thereby completing the deal to acquire 185 acre of land in Gurgaon for 1,211 crore. The Gurgaon-based developer said the last installment was deposited in the Sahara-Sebi account on March 29. Sahara had in December 2014 sold […]
Read more“The town derived its name from Guru Dronacharya; the village was given as “gurudakshina” to him by the Pandavas, hence the name Gurugram” The Haryana Government on Tuesday decided to rename Gurgaon as Gurugram and its neighbouing district Mewat as Nuh. Announcing the decision, an official spokesman said the decision to change the name of Gurgaon had been taken on […]
Read more“Emaar Properties, which entered India in 2005 with largest FDI in the realty sector, has invested about Rs 8,500 crore in Indian real estate market through its JV firm Emaar MGF.” Dubai-based realty firm Emaar Properties and India’s MGF Development have decided to end their 11-year-old joint venture through demerger of Emaar MGF Land Ltd into two separate entities. Emaar […]
Read moreDLF had in October announced that its promoters will sell their stake in the DLF Cyber City Developers Ltd (DCCDL),which holds the bulk of office and retail complexes. Shares of realty major DLF today climbed over 3 per cent after the company initiated the process to sell promoters’ 40 per cent stake in the rental arm, a deal estimated […]
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