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properties in Delhi

home loans

SBI surprise: Growth in home loan portfolios

When the nation is yet to recover from the shock of increased repo rates, the State Bank of India (Bangalore Circle) has made it to the headlines by announcing its plan to increase its home loan portfolio by 22% to meet its target of Rs 2200 crore in this fiscal year. Home loans have become pretty expensive […]

CommonFloor Editorial Team

FAR increase

DDA increases FAR for housing, hospitals

On a move to meet the housing requirements of the national capital, the Delhi Development Authority has raised the floor area ratio (FAR) of hospitals and housing. Under the review process of Master Plan Delhi-2021, the DDA gave its nod on Thursday to relax the FAR values in the city. The FAR value of hospitals […]

CommonFloor Editorial Team

Property prices plunge in 22 major cities

The prices of residential properties have shown a declining trend across the markets, as per the National Housing Bank residential index. It was revealed that 22 out of the 26 cities, showed a fall in the price of properties during April-June 2013, when compared with the previous quarter (January-March 2013). As per market reports, real […]

Highrise city Gurgaon witnesses increase in properties

Delhi-NCR realty market is currently passing through a transition stage, after terribly being affected by the economic slowdown; it is now showing off signs of improvement. A sudden increase in the number of property dealings has been observed in the recent quarters. And even the prices of properties in Delhi-NCR have been rising in the […]

Pros and cons of additional floor development

In order to curb corruption and ease out sanction process for building plans, the Delhi Government has modified norms for construction of additional floors in residential apartments having multiple ownerships. Earlier, if an owner having right over third floor in a residential building plans to build flat in that floor, then he had to seek […]

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