Listen to The Article The officials proposed establishing an online system for people to obtain duplicate copies of their property's revenue documents in Haryana. Currently, a person must go to the revenue office to obtain a copy of the document. A system to verify Aadhaar cards at the time of property registration, appointment of lawyers at the tehshil level, auto-mutation of property after...
Listen to The Article The company, which primarily operates senior living facilities, announced in a statement that it has opened a 22-acre kid-centric project called “Ashiana Amarah” in Sector 93, Gurugram. Despite a rise in home loan interest rates, Ashiana Housing Ltd said on Monday that it had sold all 224 flats in its new Gurugram housing complex for Rs 242 crore, owing to festive...
Listen to The Article The enforcement wing of the department of town and country planning (DTCP) partially demolished 27 flats in the Palam Vihar area on Thursday after developers and property owners unsealed the sealed units and resumed work. The DTCP has sealed 32 flats that were illegally built by developers in the neighbourhood. The violators, on the other hand, quickly removed the seals...
Listen to The Article M3M Realty will invest Rs 130 crore in developing 4.87 lakh square feet of retail space in Gurugram. The project is expected to generate Rs 1,000 in revenue for the M3M developer. The 'M3M Route65', an over 4 acres’ project in Gurugram, next to the Worldmark in Sector 65. "We are pretty aggressive in our retail portfolio and have delivered over 5 million square...
Listen to The Article The upcoming cabinet meetings of the state and federal governments may put two proposed metro lines for the city on the agenda, where the present urban rail network is limited to 17 kilometres and has not been extended since 2017. One of the two planned routes is an 8.4-kilometer-long corridor. Gurugram runs from Palam Vihar to Dwarka in Delhi. The metro line for...
Listen To The Article The Reserve Bank of India's decision to raise the repo rate by 50 basis points to 5.9 percent, far higher than the pre-pandemic level of 5.40 percent, is likely to restrict the pace of expansion in the residential real estate industry. The city's realtors believe the move will have a long-term impact on the sector's growth and could have been postponed until after the...
Listen to The Article Nucleus Office Parks, the operating platform for Blackstone Group's fully owned office property in India, has leased over 7.50 lakh commercial projects this year throughout its Pan-India portfolio, and these rentals are likely to increase as rental income increases. Annual revenue of approximately Rs 1,100 crore. The operational platform has completed nearly 2.5 million...
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...
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...
Listen To This Article Here is the good news for Amrapali Group's troubled home buyers, the Supreme Court was notified on Friday that 11,858 apartments will be delivered in 2 to 3 months, with 5,428 units being turned over in October. Court receiver senior lawyer R Venkataramani informed a bench of Chief Justice UU Lalit and Justice Bela M Trivedi that during the impending Christmas season...
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