NCR-based real estate developer, MRG Group has announced to build a new affordable housing complex in Sector 90, Gurgaon. The project, located along the Dwarka Expressway Gurgaon, will meet the region's growing demand for affordable homes. "We are committed to the state's vision of affordable housing and are excited to continue our efforts in Gurugram to provide competitively priced residential...
The price of affordable flats in Gurugram, Faridabad, Panchkula, Pinjore, and Kalka has increased from $4,200 per square foot (sq. ft.) to $5,000 per sq. ft. as a result of new rates announced by the department of town and country planning (DTCP) on Thursday. Additionally, the cost of a balcony has gone up from $1,000 to $1,200 per square foot. However, according to the regulation, if the balcony is...
Listen To The Article The department of town and country planning (DTCP) Gurugram has suspended the licences of three affordable housing projects for failing to comply with their terms and conditions. Ocean Seven Buildtech Private Limited was granted licences in 2016, 2018, and 2019 to develop Expressway Towers in Sector 109, Golf Heights in Sector 69, and The Venetian in Sector 70 Gurugram...
Listen To The Article The Department of Town and Country Planning (DTCP) has issued a public notice regarding maintenance charges in affordable housing societies in Gurugram and has requested suggestions and objections. This follows complaints from homebuyers of affordable housing projects that developers charge Maintenance fees ranging from 2.50 to 4 rupees per square foot, violating the...
Listen To The Article The Haryana Government's Deen Dayal Jan Awas Yojana (DDJAY), a scheme to provide affordable housing units, has been suspended in Gurugram and Faridabad districts for being unaffordable to the common man. The decision was taken after CM Manohar Lal Khattar raised the issue of pricing of these units in the two districts with the departments concerned while pointing out...
Listen To The Article According to international property consultant Savills, premium residential values in Mumbai, Bengaluru, Delhi, Gurugram, and Noida will rise significantly through 2022. Demand for rental properties has also increased as professionals have returned to their workplaces. End-users are considering renting larger homes in residential complexes with superior facilities in...