Business Development

NOC Is Not Required For The Properties That Became Freehold Before March 2000

Listen to The Article The Land and Development Office (L&DO) stated on Thursday that high-end properties in Delhi that were converted from leasehold to freehold before March 2000 may be registered without a no-objection certificate (NOC). L&DO, which reports to the Union Housing and Concrete Affairs Ministry, instructed the Delhi income division in July not to register any property...

DLF Introduces Luxury Independent Floors In Gurugram, Targets Rs 1,800 Crore Sales

DLF Introduces Luxury Independent Floors In Gurugram, Targets Rs 1,800 Crore Sales

Listen to The Article DLF will build a new premium low-rise independent floors housing complex in Gurugram with a sales value of more than Rs 1,800 crore, stated the company’s Group Executive Director Aakash Ohri on September 26. The Grove, located in DLF5, Gurugram, is a low-rise luxury development with 292 units offering 4 BHK and 4 BHK plus entertainment lounge, as well as a staff room...

Industrial township in haryana

Model Economic Township Ltd Invested 8K Cr. in Integrated Industrial Township, Haryana

Listen to This Article 400 companies, including nine blue-chip firms, have purchased industrial land. The overall investment from these enterprises is estimated to be around Rs 9,000 crore, with 51,000 people directly employed once operations commence. Model Economic Township Limited (METL) is a wholly owned subsidiary of Reliance Industries Limited that is developing an integrated industrial...

DDA announces E-Auction programmes

The Delhi RERA Has Directed The DDA To Register All Ongoing E-Auction Programmes

The Delhi Real Estate Regulatory Authority (RERA) has directed the Delhi Development Authority (DDA) to register all current e-auction programmes where plots, flats, or retail shops are still for public sale by May 1, 2017. The decision was issued in response to complaints from the Residents Welfare Association of Rohini, where plots were auctioned in 2013 but improvement work was not completed by the...

Land acquisitions

Max Estates To Acquire 7.25 Acre Land In Gurugram At Rs 322 Crore

On this land tract, MaxVIL, a subsidiary of Max Group, intends to build a commercial project with a leasable area of 1.6 million square feet, marking its entry into the Gurugram real estate market. It already has a footprint in the property marketplaces of Noida and Delhi. The acquisition will allow Acreage Builders' over 7-acre land tract in Gurgaon's lucrative Golf Course Extension Road to be used by...

Omaxe Chowk Have Leased 11,000 Sq. Ft. Of Store Space For Jewellery Giants

Omaxe Chowk aims to become an end-to-end jewellery marketplace by integrating a diverse range of jewellery solutions under one roof. Tanishq, Senco, and Giva have signed up for flagship stores in Chandni Chowk at Omaxe Chowk, taking nearly 11,000 square feet of space in Jewel Court. Other prominent companies, including traditional jewellers from throughout India, are also lining up to sign at Omaxe...

Sohna Highway Will Be Beautified By The Gurugram Metropolitan Development Authority Through The Planting Of Plants

A month after the official opening of the Gurugram-Sohna national highway, the Gurugram Metropolitan Development Authority (GMDA) has opted to beautify the 22-kilometer stretch by planting shrubs. Earlier this year, Gurugram Member of Parliament (MP) Rao Inderjit Singh proposed to the GMDA that the city's highways be beautified. According to authorities familiar with the situation, the MP explicitly...

DTCP banned the sale of property

The DTCP Has Prohibited The Sale Of Homes In 18 Gurugram Societies Due To Licence Rule Violations

Amit Madholia, district town planner (enforcement), stated that action was taken against the 18 societies and notices were posted at the premises in accordance with the DTCP director's office's instructions. The department of town and country planning (DTCP) has prohibited the purchase and sale of properties in 18 residential societies in Gurugram due to licence violations and non-payment of dues,...

Top-Up Loan

Everything You Need To Know About Home Loan Top Up: Eligibility, Key Benefits, And Interest Rate

Home Loan Top up funds can be used for anything from purchasing furnishings to building, extending, or renovating your home. It is available to existing home loan borrowers with no security or guarantee required. Interest rates are lower, and you can get tax breaks on your home loan refinance. The lowest interest rate on a top-up house loan is 7.10%. Repayment terms can be the same as those of a home...

Haryana Modifies Its Affordable Planned Housing Policy, Requiring Builders To Provide 10% Of Their Land To The Government For Free

The new guidelines were included in changes to the "Deen Dayal Jan Awas Yojana policy - affordable planned housing policy-2016." The Haryana government has updated its affordable planned housing policy, setting stringent requirements for colony developers/license holders, requiring them to give 10% of their licenced colony "free of cost" to the government for community facility provision. According...

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