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Real Estate Forum on Delhi-ncr

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: I am looking for a shop n Lajpat nagar market

Latest Answer: I want to open a shop for Western cloths. Budget is not a matter.
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Q: How is the property markets in Delhi/NCR? Has there any sales volumes seen in Bengaluru and Pune.
Latest Answer: Hi. The property Market in Delhi NCR is expanding. One can understand on the basis of International Developers movement. For eg. Risland is coming up with a project is Delhi South by the name of Sky Mansion. Gurugram is witnessing projects by developers like Hines, Sumitomo Corporation, Emaar Group and many more. One can understand mulit million dollar investment is already in process and sales have seen an upgraph. These are certain positive signals what one can look into.
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Q: In spite of the fact that interest at higher rate is charged from consumer for delay and minimal interest is payable by the builder by his own delay.
Latest Answer: This is a cheating and criminal breach. Matter has not been solved yet and Aggarwal alleged that he also filed a complaint before State Consumer Dispute Redressal Commission where a settlement was arrived at, as per which a plot measuring 335 sq-yrd was agreed to be given on further payment of Rs 22.23 lakh.
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Q: Now, the home ministry is expediting a bill to amend the Damage of Public Property Act, 1984, to ensure that agitators are made to pay monetary compensation for cruel acts during the agitation.

Latest Answer: Another amendment was entry of a Section 4B that will address ''abetment of mischief''. According to this new clause where damage to public property is caused in consequences of demonstration, hartal or bandh called by any organization, office-bearers of such organization shall be deemed guilty of the commission of the offense of abutment of an offense punishable under this Act and shall be liable to be proceeded against and punished accordingly.
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Q: Home sales across the top 8 cities improved 7% y-o-y in the quarter to December 2015 while sales rose 15% on a quarter-on-quarter basis.

Latest Answer: Hi, But on the other hasnd, total new launches, across top cities decreased by 11% q-o-q to 67.1 million sq-ft. with Bengaluru witnessing the highest addition of 15.8 million sq-ft. The NCR witnessed 61% declining in new launches during the qtr.
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Q: Non-Resident Indians, who return to the country every now and then can purchase a house in India.
Latest Answer: Hi folks, Yes, and any other flat cannot be imposed upon the consumers. They have got their free will to accept or reject the other flats offered to the complainants.
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Q: Why Gurgaon is considering as most attractive property destination in NCR?
Latest Answer: Because all top developers, real estate companies, IT companies, business sectors, factories and many more works there. Just like one of the premium real estate company named as Zvesta is selling big builders projects like Vatika, Godrej Sobha City, Ashiana Mulberry etc. You can call to know more 8595103103
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Q: New Home Launches down by 14% in the Delhi-NCR market during last year to nearly 23000 units due to slowdown in demand.
Latest Answer: It's true Mukhesh, Noida Expressway is fast emerging as a mid-segment residential destination with presence of basic infrastructure which attracts end-users, while Noida Extension has established itself as the affordable residential region in Delhi-NCR with one of the lowest capital values.
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Q: Why the sizes of houses in MMR have reduced?
Latest Answer: The event started first in cities such as Mumbai and Delhi as the investor component in these cities is higher and investors don't typically care about the size of the apartment. While in Mumbai Metropolitan Region, the trend first started in the suburbs and Thane, and later extent to Navi Mumbai, which at the begining had a lot of investor interest. But now they understand the trick.
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