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OCUS Group Announces the Launch of its Second Commercial Project in Gurgaon
After the grand success of Ocus Technopolis, located on the Golf Course Road in Gurgaon, Ocus Group has announced the launch of Ocus Technopolis2 — Gurgaon’s first ultra efficient commercial project. Spread over 2.43 acres in Sector 51, Gurgaon, Ocus Technopolis2 is slated to become the location of choice for all retail and commercial needs, [...]
Continue reading...Builders have no right to sell stilt parking: Supreme Court
2. September 2010
The Supreme Court has ruled that builders/promoters cannot sell parking areas as independent units or flats as the same is to be extended as “common areas and facilities” for the owners. A bench of Justices R M Lodha and A K Patnaik in a judgment rejected the argument of a real estate development company that [...]
Continue reading...FAR raised, Noida set to grow taller, greener
2. September 2010
More Flats Soon As Ratio Up From 2.5 To 3 Noida is set to grow vertically, and if all goes to plan, get a greener and more resident-friendly look. The New Okhla Industrial Development Authority (Noida) has increased the floor-area ratio (FAR) — the ratio between total built-up area and area of land on which [...]
Continue reading...Now you can make 3-storey house in Noida
1. September 2010
अगर आप नोएडा में अपने प्लॉट पर घर बनाना चाहते हैं तो एक खुशखबरी है। नोएडा अथॉरिटी बोर्ड की मंगल वार को हुई बैठक में [...]
Continue reading...MP builder cites staff crunch for project delay
1. September 2010
Shortage of skilled r in view of the manpower in view of the Commonwealth Games and construction activity at Indira Gandhi International Airport at New Delhi has been cited as reasons for further delay in completion of Kundli-ManesarPalwal (KMP) Expressway by the concessionaire, KMP Expressways Ltd (KMPEL). Having missed the July 2009 deadline for making the [...]
Continue reading...GURGAON TO CP BY METRO RAIL FROM SEPTEMBER 3
1. September 2010
Gurgaon to Centra Delhi in 48 minutes flat. The dream will finally come true at 3 p.m. on September 3 after Delhi Metro starts operation on its Central Secretariat Qutub Minar stretch. Currently, the line is only partially open -from Gurgaon’s HUDA City Centre to Qutub Minar in South Delhi. For the first time, the Metro will cut [...]
Continue reading...Maharashtra Govt Prohibits Use of Petrol Pump Land for Real Estate Purpose in Mumbai
30. August 2010
Fascinated by the lure of real estate, owners of fuel refilling centres in the city have long started dreaming of giving up their current business and jumping into the land development bandwagon. Some of them, in fact, have already got the civic body’s permission to change the usage of the land. However, the state government [...]
Continue reading...6 Chennai Projects Get Top Ratings from CRISIL
30. August 2010
Six real estate projects in Chennai have got top ratings from Crisil, which has, for the first time, has come out with a product to provide city-specific all round assessment of real estate projects. Addressing a gathering got up to announce the award of 7-Star rating to Abode Valley and 6-Star rating to Central Park — [...]
Continue reading...Om Metals Infraprojects to build hi-end apartments
30. August 2010
Leading hydro-mechanical engineering company, Om Metals Infraprojects Ltd, today said that it has purchased around five-acres of property at Jaipur for Rs 158-crore, to develop high-end apartments. The company, which has acquired the land through Maharaja Shree Umlad Mills Ltd, aims to develop high-end apartments focusing on niche clientele and provide world-class amenities, a press release [...]
Continue reading...Navi Mumbai airport may take off
28. August 2010
There is a fresh ray of hope for the new airport at Panvel in Navi Mumbai, with the environment and civil aviation ministries attempting to bridge their differences over the project. Environment and Forest Minister Jairam Ramesh, who has repeatedly expressed his concerns about the project, has now asked City and Industrial Development Corporation of Maharashtra [...]
Continue reading...Yamuna Expressway comes under Supreme Court scanner
28. August 2010
The 165-km, six-lane expressway linking Noida to Agra faced fresh hurdles on Friday with the Supreme Court asking its environmental panel Central Empowered Committee (CEC) to look into felling of around 4,000 trees close to the Taj Mahal. A Bench comprising Justices D K Jain and H L Dattu asked the CEC and amicus curiae Krishan [...]
Continue reading...Mumbai : Get ready to pay higher property tax this December
28. August 2010
The difference between the old and newrates will be adjusted in the next bill, forthe period between October and March. SWADHEEN KSHATRIYA, municipal commissionerCome December and ment’s those living in south Mumbai will payhigher propertytax than those living in the suburbs. Following the state governnotification, the Brihanmumbai Municipal Corporation will soon begin charging propertytax on the capital [...]
Continue reading...KUNDLI: NEXT BEST INVESTMENT DESTINATION IN NCR
28. August 2010
With NH 1 becoming signal-free, property prices are set to increase manifold in Kundli, says RAVI KUMAR MANGALAM No wonder that Kamal Taneja, MD of TDI Group, says, “India’s No. 1 highway is becoming No. 1 real estate investment destination!” Kundli, on a 15-minute drive from the posh and upmarket residential hubs of north and northwest [...]
Continue reading...MHADA 4241 flat in the next lottery
27. August 2010
दिन-ब-दिन आसमान छूती प्रॉपर्टी रेट के जमाने में अपेक्षाकृत कम कीमतों वाली म्हाडा के मकान खरीदने की आस रखे लोगों के लिए एक [...]
Continue reading...CMDA comes with New Guidelines to Meet Affordable Housing Demand
27. August 2010
In a bid to create housing stock jointly with owners having large tracts of land and to meet the increasing demand for affordable housing in Chennai metropolitan area (CMA), the Chennai Metropolitan Development Authority (CMDA) has framed a new set of guidelines for implementation of the Public Private Partnership (PPP) scheme. The guidelines comes in the [...]
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- OCUS Group Announces the Launch of its Second Commercial Project in Gurgaon
- Builders have no right to sell stilt parking: Supreme Court
- FAR raised, Noida set to grow taller, greener
- Now you can make 3-storey house in Noida
- HDFC raises home loan rates by 50 bps
- MP builder cites staff crunch for project delay
- GURGAON TO CP BY METRO RAIL FROM SEPTEMBER 3
- Consumer Affairs Ministry Gives Green Signal to 49% FDI in Multi-Brand Retail
- Maharashtra Govt Prohibits Use of Petrol Pump Land for Real Estate Purpose in Mumbai
- 6 Chennai Projects Get Top Ratings from CRISIL
2. September 2010
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