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Gurgaon bypass to become a reality

Gurgaon bypass to become a reality

We have received the in-principle approval for the Gurgaon bypass project and have appointed a consultant to prepare a detailed project report on cost-sharing basis between Delhi and Haryana governments. The consultant will also get the estimate of the overall project cost and the land area that will be acquired for the project,” Ashok Sharma, […]

NCR’s residential realty prices at 3-year low: Report

NCR’s residential realty prices at 3-year low: Report

Residential real estate prices in the National Capital Region (NCR) have plummeted four per cent year-on-year (y-o-y) to 2013 levels in the first half of calendar year 2016 (H12016), says a India Real Estate-Residential and Office report by Knight Frank for January -June 2016 period. Price growth across all cities, however, remained muted in H12016, […]

7th pay panel to boost real estate sector: India Inc

7th pay panel to boost real estate sector: India Inc

India Inc on Wednesday said the country’s real estate sector is expected to receive a major boost due to the implementation of the 7th Pay Commission recommendations. “The 7th Pay Commission implementation will be a positive move and raise the affordability of the government employees by increasing their home loan eligibility,” said Ankur Dhawan, Chief […]

Gurgaon circle rates cut by 15% to boost realty

Gurgaon circle rates cut by 15% to boost realty

Circle rates have been slashed by 15% in Gurgaon effective Tuesday, a move that is expected to provide much-needed boost to the sluggish real estate market. This is the first time that circle rates have been slashed in the corporate hub. In the previous two financial years, circle rates were left unchanged but it failed […]

6 Awesome Facts You Can’t Ignore About South of Gurgaon

6 Awesome Facts You Can’t Ignore About South of Gurgaon

Experts are already calling it the rising star of Gurgaon and whatever your take on the Millennium City (or its traffic), there is no denying that South of Gurgaon – also known as Sohna – will continue to soar to new heights for the next 16 years (at least). South of Gurgaon is steadily poised to […]

Gurgaon to lead residential supply in Delhi NCR

Gurgaon to lead residential supply in Delhi NCR

The hike in Floor Area Ratio (FAR) in Gurgaon is expected to make the city lead Delhi in the supply of residential inventory. Currently, Gurgaon hosts 24 per cent of the total housing supply in Delhi NCR, slightly lower than Delhi (data by 99acres). The Millennium City, Gurgaon has established itself as a coveted residential […]

Gurgaon will now be called Gurugram

Gurgaon will now be called Gurugram

The town derived its name from Guru Dronacharya; the village was given as “gurudakshina” to him by the Pandavas, hence the name Gurugram The Haryana Government on Tuesday decided to rename Gurgaon as Gurugram and its neighbouing district Mewat as Nuh. Announcing the decision, an official spokesman said the decision to change the name of […]