Real Estate Forum on Other for Delhi-NCR

The property prices in East Delhi and in the National Capital Region (NCR), are hovering around Rs 17,000-24,000 per sq ft.

Recently there was the highest bid for a 5BHK apartment in the Common Wealth Games village reflects the present scenario of the cost of the real estate properties in NCR.

A green building has the ability to reuse the natural resources. Hence it reduce the pollution level to the environment.

To facilitate the health care support in those areas in Delhi, the government has planned to set up 8 hospitals in different areas in Delhi.

It has planned to lease out its office space to reduce the financial crisis.

Hi Kuntal, which is the office space that it is leasing out and for how much?

Hi Deva, the different taxes collected by the govt. are used as funds for the projects.

Hi, the home loan financiers are planning to disburse more home loans in the coming year.

With the increase in population, the requirements are also increasing. That is leading to the increasing support for the retail market.

It is recorded that a supply of approximately 2 million sq. ft. has happened for the Retail real estate market in New Delhi.

To help the construction of affordable housing, the government has implemented the Rajiv Awas Yojana.

Hey Suneet, builders of Tricity are expecting a reduction in the interest rate from the Banks.

Hi Bulbul, the banks are yet to take any decision on the revised interest rate.

Are the builders given warning first or directly demolition?

The government has announced earlier that any illegal construction in the city will be removed to enhance the city planning.

As new retail market will enter in India, new commercial spaces will be consumed by them. That will enhance the market condition for the real estate.

Hi all, India has a huge opportunity for retail growth. In the global retail development index it stands at the fourth place.

The government is planning to set up an escrow account for the distribution of funds among the builders.

The government wants to make sure that the funds collected for affordable housing scheme will not be used by any other projects.

The residents staying in the surrounding apartments have therefore requested the municipal authorities to clear these kiosks and pave way for parking slots which would serve better purpose for the citizens.

What is the reason that the kiosks were not allotted?

Hello Ankur
Do you have any idea how much they were charging before?

Hey Praveen, You can say the existing price because still now the charges has not increased. The existing rates is Rs 2,350 per hour for pulling down illegal structures.

Ashish, there's no scope of reduction in the cost of real estate properties.

Experts say that the price of apartments may increase highly after 6 months...

They had planned to construct a commercial project over this land but later they have changed the plan.

Thanks for your inputs... Do you know to whom the land is being sold?

These encroaches are seen especially in the surroundings of high-rise apartments in the NCR locality.

We the residents have complained repeatedly about the encroachments but still now no action has been taken by the development authority.

Hi, this comes as a shocking news wherein a small girl who was playing in the balcony with her mother fell down to death with the huge gaps in the balcony railings from 4th floor.

Is it because of the poor quality of construction?

And in that amount 35% has to be invested directly on the real estate projects. But not more than 15% on a single project.

Through some article in Commonfloor, I came to know that in spite of the permission from the regulator, no fund house can come forward to launch a real estate fund.

Hi all, according to the research done by Motilal Oswal, real estate companies are expected to post revenue de-growth of 14% YoY and net profit to decline 13% YoY.

It is expected that this quarter will see improvement in fresh launches at NCR region. This will pave way for better sales among NCR based developers.

Hi Kuntal... Where do TREF get fund from?

It has planned to raise a fund of $200 Million out of which $50 Million is planned to be raised from Anchor investors.

The Parsvnath Developers has a debt of Rs. 1250 crore. So it has planned to reduce its debt by selling some of its land parcels.

Hi Sayanthan, do you know which land it is selling and to whom?

Yes you are right Praveen. This may cause in delay in completion of projects.

What is there in the amendment actually?

CCTV's act as your new colony watchman which will keep track of whoever entering or exiting from your apartment. After all, end of the day, its security what you get from this.

I think it is really important to install CCTV's at apartments or flats for our own safety. I feel this should be made mandatory in all the apartments and cities.

According to sources the CWG flat owners will be getting possessions in this weekend. The flat-owners are happy at last. Due to some issues the possession had been delayed by an year.

Hi Deva it actually happened like this- A landlord has rented his property to a tenant. His sons returned from America due to recession and wanted to settle down here and were in need of the tenented property, but the tenant refused to vacate. Later court gave judgment in favour of the land-owner making the tenant to leave.

As per my knowledge, events like poster making competitions, mini marathons, campaigns on Internet were organised by the RWA's in Delhi for the upcoming polls.

You can know more about the upcoming poll in Delhi by clicking here Delhi voters motivated to vote for April 15 polls.

According to the report, the office spaces take-up in India's major cities has dropped by 14%.

Most demand for office spaces was in Bangalore, Mumbai and Chennai only.

It has planned to set an expert panel to check the transparency of DDA. Also it is proposed that DDA will be having no rights to allot properties.

The new law comes in will ensure transparency and accountability. The law proposes that among the members of RWAs and residents, some of them will be selected to represent them in the ward committees. An expert panel has already started taking views from denizens regarding the same by posting a link on the Delhi government’s website.

The issues that the residents are facing are lack of parking space, stray dog menace, broken roads, potholes and choked drains.

Hi Dev, 3 new projects have been planned by Ecnon. For this it is investing 750 Crores.

Hi Manoj, Shoba developers alone has made a profit of 17 Billion in the last financial year.

Yes Sivakiran. Shoba developers did really good in the market this time. To read more on Sobha Group's success, click here.

The builders are planning to support this increased FSI as they will be able to construct more units in a project place.

GK-II residents’ welfare association has filed a PIL against the opening of Savitri Cinema complex because of lack of parking space and more over the developer has sold some of the parking lots to nearby shops and offices.

I heard that the developers is not following safety norms around the complex. May be for this reason the RWA has filed a PIL against the opening of Savitri Cinema complex.

The Private equity firms mainly depend on the small investors for raising their funds. Some private equity firms invest amount less than Rs 20 lakhs per investment ticket for an equity share.

Hey Ashish, a new township named Orris Curio City is coming up in that area.

Unitech Limited planned to raise Rs 1100 crore funds by renting and leasing office space in Gurgaon region.

Hi Dev, Srikul MLAs are concerned about the transparency of the investments and they assure to maintain the quality of the welfare programmes for the sake of the civilization of the area. And the government of Manipur is also encouraging the development works for the locality.