Author Archive

Single Window Clearance to Come In Existence by November 30, 2015

Single Window Clearance system has lately gone through a series of considerations and analysis by Urban Development Ministry. The government has now announced that the same will be worked upon as early as November, 2015. The system has long been demanded by the real estate developers, who presently need to get approvals

Smart City Plans Not To Be Entertained After December 15, 2015

The Union Urban Development Ministry has declared that it will not entertain any submissions for Smart City plans after December 15, 2015. The same must be submitted to the ministry by concerning urban local bodies on or before the asserted date. The announcement was made during a meeting of ministry officials with

Now Get 5% Extra FAR in UP for Green Infrastructure

In a bid to promote, eco-friendly constructions in Uttar Pradesh the state government will now give 5% extra FAR free for green buildings. Green infrastructures having more than 5,000 square meter will be allowed 5% of extra vertical construction without any extra tax implication.  The demand was raised by IGBC (Indian Green

Earthquake-Readiness of Noida and Greater Noida

Earthquakes and tremors have always been a security concern for authorities and developers. The recent tremors felt on Monday in entire Delhi-NCR once again highlighted such concerns. So are regions like Noida and Greater Noida quake-ready? As both these regions fall in sensitive Seismic Zone 4 and this is the main reason

9 Million Square Feet of Corporate Office Space Leased in the Third Quarter

According to CBRE, a property advisory, in the third quarter starting July to September of 2015, corporate office space leased across the top seven cities of the country touched 9 million square feet, marking a 20 per cent increase from the last year. In terms of quarter-on-quarter basis figures, a 6 per

Playing the Game of Property Investment in Right Way

Home buyers and investors in search of value for money property must keep in mind that it isn’t easy to get double-digit returns without proper planning and selection. As per real estate investment analysts investors must choose affordable properties that lie in proximity to metro network. Even the properties that have proposed

Realty Hopes Rise Following Recent RBI Rate Cuts

In a recent development, Reserve Bank of India (RBI) has raised the hopes among real estate developers with its 0.50 per cent rate cut. Experts in the real estate industry believe that this move by RBI will help in increasing the sales and ultimately leading to clear down the piled up inventory.

Mumbai Witnesses the Most Expensive Residential Deal

Mumbai’s US consulate which was actually known by the name of Lincoln House was recently sold at an astonishing price of INR 7.5 billion (approximately $113 million). This is now officially, the most expensive residential deal in the history of India. The building was once home to an Indian Maharaja and was

8000 Smart Flats to Be Constructed by NBCC in Delhi

If you have long desired to own a smart flat in Delhi then this wish of yours might soon become possible. The plan for development of about 8000 smart flats is almost ready for regions of Delhi namely Karkardooma and Trilokpuri which might start becoming reality by the start of next year.

Property Now- India’s Realty Channel by Times Network

Times Network has inaugurated the country’s property and realty news channel called ‘Property Now”. This channel will feature an amalgamation of news, dialogues and discussions, counselling and analysis of topics pertaining to the real estate sector. This channel will not only be of assistance to the home buyers but will also take