Sushant Megapolis at Greater Noida

THE TIMES OF INDIA, Dated: 27 Jan 2012

Sushant Megapolis: Sector 4, Greater Noida

ANSAL HI-TECH TOWNSHIPS LTD.: No 53-56, UGF, Ansal Plaza, Plot No. 1/C, Institutional Area, Near Pari Chowk, Greater Noida-201308

Want to invest in this project? Is this “correct” property for you? Will it give you good returns? Is this right time to invest? From where you can get best rates? Continue reading

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Road ministry on bumpy ride, tops list of delayed projects

New Delhi: The Ministry of Road Transport and Highways has left behind 14 other infrastructure sectors, including railways, petroleum, coal and power, in having the maximum number of delayed projects.

In the latest flash report (for September 2011) on the status of the 566 infrastructure projects in the central sector costing R150 crore and above, being monitored by the Ministry of Statistics and Programme Implementation, the road and highways sector has topped the list of delayed projects. As many as 90 of the 132 projects, Continue reading

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Middle-class is off DDA radar for now

New Delhi: If you  are dreaming of owning a two or three-bedroom house in the Capital, do not pin your hopes on the Delhi Development Authority (DDA).

For Delhi’s middle-class, a DDA flat is the only hope of owning an affordable house in the city. But their hopes may be dashed, at least for now, as DDA has shifted its focus to building one-bedroom houses for economically weaker sections (EWS).

DDA, the country’s biggest land development agency, plans to start constructing one lakh houses in the lower income group (LIG) and EWS categories this year. Continue reading

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NHAIs 12th plan target: More roads in Naxal-hit areas

New Delhi: The highways ministry has made elaborate plans to build roads in neglected areas and untouched zones in the next five years.These include roads in Naxal infested areas and tribal dominated zones.The ministry will spend at least Rs 16,000 crore during the 12th plan which will provide greater employment opportunity to locals during construction besides opening roads for economic activities in these areas.
In its document submitted to the Planning Commission,highways ministry has proposed to complete 4,426km in left-wing extremism (LWE) affected areas by 2015 with budgetary Continue reading

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5 existing Metro stations will share Rajiv Chowk’s burden

New Delhi: The maddening rush of commuters at Delhi Metro’s biggest and busiest interchange station Rajiv Chowk will be a matter of past within a few years.

In phase 3, Delhi Metro plans to redevelop its five existing stations into interchange stations.
This measure, the Delhi Metro Rail Corporation believes, will decongest Rajiv Chowk by at least 50 per cent in 2016.

These stations are Rajouri Garden, Netaji Subhas Place, Mandi House, Hauz Khas and Continue reading

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Sealing drive begins in Noida today

Noida: Beginning Friday,all unauthorized properties found flouting land-use bylaws will be sealed in Noida.The drive, following a Supreme Court order, is set to hit scores of shops,nursing homes, gyms and restaurants being run from buildings where commercial activity is prohibited.
According to a preliminary survey by the Noida Authority earlier last month,around 25% of industrial and residential areas housed unauthorized commercial units.
Banks may get some relief as the Noida Authority notified a scheme on Thursday Continue reading

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DLF and Hines start construction of commercial bldg at Gurgaon

New Delhi: India’s largest realty firm DLF today announced the start of construction of its commercial project at Gurgaon in joint venture with leading global real estate developer Hines.

In 2007, DLF and US-based realty firm Hines had announced signing of an memorandum of understanding (MoU) to develop a 15-acre business centre located on Golf Course Road, Gurgaon.

In the project ‘One Horizon Center’, DLF and Hines would develop a 25-storey commercial Continue reading

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Embassy Group launches Boulevard

Just 12 km from the new Bangaluru International Air­port, the new project by Em­bassy Group, Boulevard, at Bellary road will give you a break from the city’s crampy heart. The luxurious high-end villas meant for high net worth individuals will be ready by the end of 2014.

The Embassy Boulevard along with Embassy Lake Terraces simultaneously bagged by Synergy Property Development Services, a project management and consulting company, from Embassy group would have a total investment of Rs 1,239 crore. Continue reading

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Co-op society flat owners fail to register flats

Owners of flats in housing cooperative societies have failed to register their premises individually as per the current circle rates as ordered by the Supreme Court even after being given six months to comply with it. Even as the stipulated time ended on Wednesday, the stamp department said that 3,000 such flat owners still haven’t registered their flats.

The members of such societies in Noida had earlier argued that they had purchased land at their own cost and, after paying stamp duty, the flats were developed and allotted Continue reading

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Sale of residential plots at 2-yr low

Mumbai: Property sales have hit rock bottom in Mumbai with the latest figures showing that only 7,800 residential units were sold in October-December 2011, the lowest quarterly figure in the last two years. At its peak in the quarter beginning July 2009, it was 21,000 units.

The figures, showing a steep decline in sales in the overpriced Mumbai Metropolitan Region (MMR) real estate market, have been compiled by the real estate research agency Liases Foras. The database shows despite sluggish volumes, prices have risen by 75 per Continue reading

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