Soaring high on the hope that an international airport would come up at Jewar, the real estate boom in Greater Noida and around Yamuna Expressway has gone bust, pricked by the Uttar Pradesh government’s decision to scrap the airport.
Developers have invested between Rs.4,000 crore and Rs.5,000 crore in the region. If the airport [...]
The new ownership policy recently announced by the UP govt. could mean free hold of properties at Noida, Greater Noida, and even Yamuna Expressway.
Currently, land is allotted on lease for 90 years in Noida-Greater Noida. The authorities have formulated different slabs for the annual lease and charge 10% for residential property and 27.5% [...]
EMIs to fall by as Repo rates decreased by 50 basis points
After a gap of three years, and hiking the policy rates for 13 consecutive times between March 2010 and October 2011, the Reserve Bank of India (RBI) on Tuesday announced a cut in repo rate from 8.5 per cent to 8.0.
This [...]
The proposed real estate regulator would make registration compulsory for property agents as well as for residential projects over 1,000 square metres or 12 dwelling units in an effort to improve transparency and accountability in the sector.
The Cabinet will soon consider the bill that seeks to establish the [...]
The event organized by us for Jaypee Greens finally took place and all went well! Many eminent figures from the Real Estate fraternity turned up in full attendance on Saturday night.
It was a delight as our customers began to pour in much before the show and caught up with friends [...]
We take great pleasure in sharing with you that BOP Group has won the “Best Real Estate Advisory Services Firm of the Year” Award and the “Employer of the Year in Real Estate” Award at the Realty Plus Excellence Awards 2012 for North India, instituted by Realty Plus, India’s Leading Real Estate Monthly [...]
Finance Minister Pranab Mukherjee has moved an inch ahead with reforms in direct taxes, but could have fared much better.
Quoting Reuters, the Finance Minister ‘played it safe’, pledging reforms but setting only modest targets for trimming a ballooning fiscal deficit, disappointing investors and sending bond yields surging.
The key features of the budget that [...]
A day into the sealing drive and 8 sealed banks later, Supreme Courts finally slams break against the sealing drive by Noida Autority. The banks faced banks facing impending closure in residential areas of Noida
The bench granted six weeks’to the Noida Authority CEO to provide alternative sites to the banks which, in [...]
The sealing of banks and other establishments that are functioning in violation of land use clause was clearly missing action on Friday, with no sealing activity actually taking place. The Noida Authority stated lack of clarity on the directions of the Supreme Court Order as the primary reason for no sealing.
[...]
Noida-based Real Estate Giants, Supertech Limited, at a press conference on Jan 13th, 2012 announced the launch of ‘ORB,‘ premium property projects. Consisting of three circular towers, with total estimated investment of Rs 2,250 crore ORBis a part of 50-acre integrated township ‘Capetown’.
EL DÉCOR winner and former Bollywood actor, Twinkle Khanna, has [...]
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