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Tag Archives: developers
NHAI: Change payment method for developers
New Delhi: Raising concern over likely loss of Rs 98,000 crore premium in the next 20 years, National Highways Authority of India (NHAI) wants the government to decide on rescheduling the premium payment by developers who have bagged highway projects. … Continue reading
Complete projects before giving possession: GDA
GHAZIABAD: The Ghaziabad Development Authority (GDA) has directed all builders and developers in the city to refrain from handing over possession of housing and commercial units without obtaining ‘completion certificates’ of projects.
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Tagged builders, developers, GDA, Ghaziabad Development Authority
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Festive season fails to bring cheers for builders
Bad news for the developers ahead of the festive season. There is no sign of revival in the property market; in fact it is going south. In last three months, property sale registration in the city has reduced by almost … Continue reading
Ghaziabad farmers protest at GDA office against land acquisition
GHAZIABAD: Following the footprints of farmers in Noida and Greater Noida, villagers of Ghaziabad have now intensified their agitation demanding increased compensation in lieu of land acquired. On Wednesday, around 100 farmers barged into the office of Ghaziabad Development Authority … Continue reading
Developers asked to chalk out farmers’ welfare plans
GREATER NOIDA: In order to keep farmers calm and dissuade protests, the Greater Noida Authority has directed developers in the region to chalk out a welfare programme and also introduce technical training programmes for the children of the villagers. Greater … Continue reading
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Tagged CREDAI, developers, Farmers, Greater Noida Authority, Greater Noida farmers, Noida Authority
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Why property prices rarely crash
When do you put your home on the block and move to an inexpensive destination? When do you look for a buyer for your second home? Only when you fear losing your job; only when you sense you may take … Continue reading
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Tagged developers, high-end properties, Projects, rarely crash, unencumbered land, Why property prices
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Greater Noida coffers empty
Greater Noida: With its coffers nearly empty following last year’s farmers’ agitation over land acquisition, the Greater Noida Authority has approached the Noida and Yamuna Expressway authorities for a loan of about Rs 700 crore to tide over the crisis. The Authority, which … Continue reading
Freehold land: A boon for consumers and developers
The proposed land ownership policy in Uttar Pradesh where land falling under the development authorities of Noida, Greater Noida and the Yamuna Expressway can be converted to freehold land is a positive sign for both consumers and developers. The development … Continue reading
80,000 residential units unsold in Mumbai region, says report
As the pile-up of residential inventory continues unabated, as many as 80,000 units valued at Rs 1,050 billion are currently lying unsold in the Mumbai Metropolitan Region (MMR). A report released by Knight Frank on Thursday said 45,000 units were absorbed … Continue reading
Noida Extn buyers demand clarity
Greater Noida: A day after TOI reported that developers were booking houses and plots without getting layout plans approved by Yamuna Expressway Authority, buyers staged a protest for lack of transparency in the system. The buyers demanded that the Authority, … Continue reading
