Mumbai region, Pune lead housing activity, accounts for 53% sales in top eight cities in Q1, Real Estate News, ET RealEstate

Property markets of Mumbai Metropolitan Region (MMR) and Pune are driving the most housing sales among the country’s top seven cities as indicated by the rising contribution of these markets in total sales led by reduction in stamp duty, discounts and appropriate product strategies of developers. MMR and Pune accounted for 53% of total sales […]

North Delhi civic body trying to make five-storey homes possible, Real Estate News, ET RealEstate

NEW DELHI: North Delhi Municipal Corporation has proposed to increase the height limit for residential plotted buildings by 2.5m under the new norms being formulated for Master Plan of Delhi 2041 so that five-storey structures can come up. Mayor Jai Prakash has made this proposal to lieutenant governor Anil Baijal, who heads the advisory council […]

Wait for possession of 348 DDA flats in Dwarka may be longer, Real Estate News, ET RealEstate

Representative Image NEW DELHI: Delhi Development Authority’s (DDA) Housing Scheme 2021 had on offer 1,354 flats as the land development agency only kept carefully chosen clusters in ‘sought after’ locations. However, the handover of the most sought after of these all — 348 middle income group (MIG) flats in Dwarka’s Sector 16-B costing Rs 1.2 […]

Noida & Greater Noida authorities fail to find buyers for ready flats, Real Estate News, ET RealEstate

NOIDA | GREATER NOIDA: Signifying an overall slowdown in the local real estate market, ready-to-move-in flats being offered by the industrial development authorities in Noida and Greater Noida are also struggling to find takers. Having been on the block for six months now, the authorities could sell just a handful of flats to date. In […]

Simpliwork leases over 1.85 lakh sq ft of space in Gurugram, Real Estate News, ET RealEstate

Representative Image In one of the most significant flexible office transactions this year, Simpliwork has leased over 1.85 lakh sq. ft. of space in Gurugram as it looks to expand its operations across the country. The firm has leased spaces across DLF Cyberhub and Cyberpark on a long-term lease. “We are looking at a much […]

NDMC panel proposes regularisation of illegal additions in ‘co-owned houses’, Real Estate News, ET RealEstate

NEW DELHI: The standing committee of the North Delhi Municipal Corporation on Friday proposed to regularise “illegal and extra construction work” done in ‘co-owned houses’ of a certain category, which were built before 2012, after payment of penalties, the civic body said. A resolution to this effect was passed by the NDMC panel in its […]

As builders await pay plan, registry logjam continues, Real Estate News, ET RealEstate

NOIDA | GREATER NOIDA: The registry logjam in the city is far from over even after the state chief secretary’s directions. Developers in the twin cities say that they have not received any communication from the two authorities yet over the revised payment plan as per the State Bank of India’s marginal cost of funds-based […]

Launched in 2009, YEIDA starts registry of residential plots now, Real Estate News, ET RealEstate

Representative Image GREATER NOIDA: After a gap of 12 years, the Yamuna Expressway Industrial Development Authority (YEIDA) has started the process of executing registry of residential plots in sectors 18 and 20. Launched in 2009, the pockets and blocks in the two sectors were developed over the past three years. Around 11,000 of 21,000 plots […]

1,353 flats allotted through online draw of lots, Real Estate News, ET RealEstate

NEW DELHI: The Delhi Development Authority (DDA) on Wednesday allotted 1,353 flats to people under a housing scheme through an online draw of lots, officials said. These flats under various categories are located in Dwarka, Jasola, Manglapuri, Vasant Kunj and Rohini. “A total of 1,353 flats were today allotted through a draw of lots. One […]

Draw of lots for allotment of flats today, Real Estate News, ET RealEstate

NEW DELHI: The draw of lots for allotment of flats on offer under the online DDA Housing Scheme 2021 will be held on Wednesday, the urban body said. These flats are on offer under the scheme for various categories at locations such as Dwarka, Jasola, Manglapuri, Vasant Kunj and Rohini. “The Delhi Development Authority is […]

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