CHANDIGARH: The Coronavirus has definitely taught everyone to live and function as per the new normal. Mindsets of consumers are rapidly changing, and this trend is quite apparent in the residential segment. People living in rental accommodations, have started looking for properties that fit their budgets, and are well-maintained in terms of hygiene and cleanliness. These months of lockdown have been difficult for the tenants staying and working in their confined spaces, they have utilised this time in exploring properties on digital platforms, taken virtual tours in place of site visits to get a real-time experience.
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has issued fresh guidelines to enhance accountability among real estate promoters. These guidelines require promoters to provide essential contact information, including the name, designation, mobile phone number, e-mail address, residential address, and office address of the authorized representative for correspondence.
Top 5 reasons why Gurgaon is the place to invest.
Often called the ‘Millennium City’, the Delhi- National Capital Region (NCR), Gurgaon, has seen rental values skyrocket in recent times. It has emerged as the most attractive destination for real estate investment in the NCR according to a survey by the industry body, PHDCCI.
If you are seeking a luxury lifestyle, then look no further than Gurgaon, where luxury properties have witnessed an unprecedented rise. Gurgaon has transformed into a vibrant metropolis, attracting both domestic and international investors. Experience the epitome of elegance with high-end amenities and exquisite features offered by these luxurious properties.
Indian real estate is one of the most attractive investment destinations, especially for Non-Resident Indians (NRIs). The total NRI investment in primary Indian real estate in the top 8 significant cities will reach about USD 11.5 billion in 2017, according to Square Yards, an investment advisory firm for real estate. The NRI investment sentiment has improved significantly in India due to the progressive regulatory reforms and ease of the NRI investment process
In This Blog, we discuss top SCO Plots in Gurgaon offered by different builders. SCO means Shop-cum-office spaces is a new way to invest your money in real estate or commercial property.SCO plots are considered freehold commercial property where builders give and offer plots space to clients to create their shop and office to build on that area. In Sco plots clients can create their shop, office space, retail space restaurant, etc. Bringing Together The Best Of Retail And Office. Ensuring That Your Business Takes Off From A Perfect Setting You Can Expect. Bringing together all the resources for a world-class commercial cum retail hub. By reading this blog you will get crystal clear knowledge of which commercial property in Gurgaon is best suited for you as per your needs and desire
Spearheaded by Shubham Bansal and Kinshuk Aggarwal, Fortune Keys aims to cater to a vast, diverse portfolio of clients across Delhi, Noida and Gurugram, and educate them with various types of Real Estate Investments
It is becoming a challenging task for Non Resident Indians to invest in Indian property as rupees are touching the grounds in comparison to the dollars. Different cities from Delhi and Mumbai to Gurgaon and Noida, every town offers commercial property for investment purpose
The best investment on earth is Earth. Are you someone who possesses commercial real estate assets in your portfolio? While the stock markets are currently going volatile and the less risky assets are providing no return on investment, the commercial estate properties are continuing to provide great rewards to investors
Gurugram (Haryana) [India], September 3 (ANI/NewsVoir): Leading realty players in Gurugram are optimistic that the growth in the Indian residential segment will peak in 2023, as outlined in the recent ANAROCK report.
It is the second time a resident advisory council is being formed in the city, after the two-year tenure of the previous council members ended this year. Besides RWA members, the council will also include officials from GMDA, MCG, district administration, HSVP, gram panchayat, and representatives from industries, labour, industry, civil society, and real estate associations.
NRI Tax Filing Deadline Updated: Through its latest circular (08/2021; F.NO. 225/49/ 2021/ITA-II) dated 30th of April, 2021, The Central Board of Direct Taxes has extended the Income Tax Filing deadline till 31st May 2021 from 1st April 2021 previously
The second wave of Covid-19 has put brakes on the recovery of the real estate sector. Property consultants suggest that sales have started falling since April and the situation is likely to worsen if the situation does not improve
If you were living abroad for several years, wouldn’t you want to have some tangible connection to your roots? What better way to do this than to buy a slice of land in the country of your origin? This is exactly what the non-resident Indian (NRI) is doing; more so, as a result of the present pandemic. Let’s explore the reasons for this phenomenon that is taking Indian real estate by storm
The top court also clarified that the present provisions serve a specific policy objective to ensure the right of the NRIs to occupy their property in the UT of Chandigarh and the state of Punjab after “returning” to their country.
Khattar said, “As per the figures presented in the meeting, GMDA is facing a loss of around Rs 300 crore. We are looking at alternative revenue generation measures so that the authority can take up more development projects.”
A recent visit to the site by TOI showed that construction is under way at three sites in Ansals Aravali Retreat, involving clearing of land and removal of vegetation. Trees have also been bulldozed to widen a pathway.
WeWork also said it successfully exited 66 locations that were open or were to be opened and that it amended 150 lease arrangements that resulted in an estimated reduction of $1.5 billion in long-term liabilities.
They have filed a police complaint demanding action after the Suncity RWA raised Value Added Services (VAS) invoice to the residents. “We completely oppose this move. It is unlawful and arbitrary in nature,” said one of the residents.
The developers of licenced colonies, whose takeover by the Municipal Corporation of Gurgaon (MCG) was announced two years ago, have neither completed their pending infrastructure work nor paid the civic body to do it on their behalf.
The deal is expected to be worth more than Rs 1,000 crore, with the complex in Gurugram’s Udyog Vihar costing Rs 600-700 crore. The buildings together have about one million square feet of space, with over 90% of it occupied.
Indian Bank's exposure to RHFL is only Rs 120 crore out of the total debt of over Rs 1,00,000 crore. It is to be noted that earlier Delhi High Court had stayed such classification by the lead bank Bank of Baroda on August 14.
"The conditions these families were compelled to live in were just horrendous, said Gregory Leyh, the tenants' lawyer. "The court used the phrase 'outrageous and reprehensible,' which I think is really an apt phrase."
"This initiative is a step towards the goal of attaining faster and hassle-free clearance for land development and building construction approval in a transparent manner," tweeted Goa Chief Minister Pramod Sawant.
A senior DTCP official said most of the complaints centred on high maintenance charges in affordable houses, poor construction quality and demands for a structural audit of projects, absence of roads, pending occupation certificates and lack of amenities.