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In a relief to builders, state reschedules EDC payment

In a relief to builders, state reschedules EDC payment

Coming to the rescue of the recession-hit realty sector, the state government has rescheduled the payment of external development charges (EDC) and the state infrastructure development charges (SIDC) for builders. Now, the builders can start paying the EDC and SIDC through installments for six months to one year after making the down payment of the […]

EMERGING AREAS THAT PROMISE QUALITY LIVING

EMERGING AREAS THAT PROMISE QUALITY LIVING

Several localities in Gurugram promise healthy living. Here’s a look at some of those Improved connectivity, infrastructure, ease of commute with other parts of the NCR, and promise of delivery have made several regions of Gurugram much sought after. Most of these areas are surrounded by good social infrastructure and are likely to have good […]

Hines to invest $500 million to develop new projects

Hines to invest $500 million to develop new projects

US-based realty firm Hines plans to invest USD 500 million in India to develop new commercial and housing projects as it sees great opportunities for growth despite slowdown in the property market, a top company official said. Hines is a global real estate investment firm with a presence in 219 cities across 23 countries. It […]

The Ultima(te) home buying guide!

The Ultima(te) home buying guide!

The affluent hub of Gurugram –Cyber City has the most ambitious minds of the Nation. And owning a home makes it to the top of their bucket list. Talk about the crème de la crème luxury residences and there’s one name that aces unanimously – DLF. The brand carries a rich legacy and history of […]

Haryana starts plans to develop Gurugram 2.0

Haryana starts plans to develop Gurugram 2.0

The new urban centre is proposed to come up on about 50,000 hectares of 159 villages of Rewari, Gurgaon and Mewat. Back in the saddle, the Haryana government is sketching the blue print of a “Dream City”, an urban settlement flanking Gurugram in the south. Conceived to ease pressures of urbanization on Delhi and Gurugram, […]

SPR IS AN EMERGING HOTSPOT OF GURUGRAM

SPR IS AN EMERGING HOTSPOT OF GURUGRAM

Southern Peripheral Road (SPR) in New Gurugram in the Delhi NCR is drawing the attention of end users and investors alike. We give below some salient factors responsible for this trend — Team Times Property Realty players say that Southern Peripheral Road (SPR) has emerged as a posh locality with a mix of residential and […]

Rs 25,000 crore fund to revive 1,600 projects with 4.6 lakh houses

Rs 25,000 crore fund to revive 1,600 projects with 4.6 lakh houses

The government on Wednesday cleared a fund with an initial corpus of Rs 25,000 crore to revive up to 4.6 lakh housing units in 1,600 projects with “positive net worth”, including those that have been classified by banks as non-performing assets or are facing insolvency resolution action. While announcing the move, which was approved by […]