The proposed alternate route to connect Southern Peripheral Road(SPR) with NH-8, bypassing the Kherki Daula toll plaza, will become a reality soon. Along with some private developers, Huda is going to start construction work on the project in a few weeks, with road construction work expected to be completed over the next 2-3 months. At […]
Every game has a referee unless it’s being played in one’s backyard. A regulator’s job is similar to referee’s i.e. not only to manage and normalise the situation but also to ensure that all the players play according to the rules. What the real estate industry witnessed in the past was largely because of the […]
Gadkari Wants Rs 10,000cr Eastern Peripheral E-Way To Be Model Of Quality Highways minister Nitin Gadkari on Friday raised the bar for developers of the 10,000-crore Eastern Peripheral Expressway (EPE): “I will come here again and have my car go at 150 kmph. I will pour tea into a cup to see whether a single […]
A new high-speed railway link expected to be operational by 2023 will cut the journey time from Kashmere Gate in old Delhi to Gurgaon’s Cyber City to roughly 30 minutes from the nearly 90 minutes or more that it takes now. The Rapid Rail Transport System (RRTS) route between Delhi and Alwar, via Gurgaon, was […]
With an aim to address grievances of buyers and to bring transparency in India’s real estate sector, the government is planning to implement RERA Act starting from May 1 this year. The upper house of Indian Parliament, Rajya Sabha had passed the Real Estate Regulation and Development Act (RERA Act) in March 2016, which is […]
Chief minister Manohar Lal Khattar on Saturday asked the Haryana urban development authority (Huda) to connect the Northern Peripheral Road (NPR) to National Highway (NH-8) near Kherki Daula in order to make the much-awaited expressway operational for traffic at the earliest. The NPR project, also known as the Dwarka Expressway project is likely to be […]
After May 1, when the Real Estate Regulatory Authority (RERA) is in place, the realty sector will likely see an uptrend with slight price correction, say industry players and stakeholders. This is likely as genuine buyers may pitch in on the back of an improved consumer climate and lower home loan rates. “Considering the present […]
M Venkaiah Naidu, Union urban development minister, has assured that GST will not lead to any price rise of houses in the country. He also promised that the new regime would maintain zero service tax on affordable housing Parliament passed all the four supplementary legislations to enable the government to roll out the landmark Goods […]
Call it the RERA effect, or what have you, but a majority of the nation’s developers seem to be on a `Mission Project Completion’ these days Industry experts say that developers are currently invested in faster completion of their projects to comply with the “timely completion“ clause of the Real Estate Regulatory Authority (RERA), slated […]
Huda on Thursday started construction of the remaining portion of Southern Peripheral Road(SPR), nearly a month after clearing the last hurdle — rehabilitation of oustees of Rambir Ki Dhani. Officials said the stretch is likely to be completed in the next one month. The completion of SPR will resolve the connectivity problems of new sectors […]