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Real Estate Forum on Delhi

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Q: Hi I have heard that DDA is offering 33000 flats in 2014.
Latest Answer: Can anyone let me know where I can get the form & when for upcoming allotments. Also How I can know when form issue.... Thanks Nisha Khanna
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Q: Hi I heard the illegal colonies are getting amenities and all. kindly share the details of the news!

Latest Answer: Any idea how many colonies are there who are demanding the basic amenities??
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Q: Hi i heard there is an update about the rapid metro?? Kindly brief me with the news!
Latest Answer: One more update frnds , i want to give you is that all the stations are functional, except station 4. Internal testing and oscillation trials are on 24x7 and they are waiting for CMRS.
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Q: What is the news about DDA and National Green Tribunal coming up with new process of cleaning the floodplains.
Latest Answer: DDA has failed to uphold the doctrine of public trust by letting DTC continue with the illegal occupation of the riverbed. It's one example where it has knowingly undermined its own authority and law and thus set a dangerous precedence
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Q: Hi, i am looking for investment in this area.. kindly brief me about the area..
Latest Answer: NH 24 is a up growing market for investment, it will provide you a good appreciation in upcoming years. You may invest flats, Plots, Villas and commercial property too within a gated integrated township on NH 24 by the name of Landcraft Golflinks NH 24. You must visit Landcraft Golflinks NH 24 township for best investment opportunity.
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Q: Does anyone have any update on when the Metro work is going to start for phase 3?
Latest Answer: There will be a total of 73 tunnels that will be built along the 35km stretch underground metro line. The tunnelling work between Central Secretariat and ITO on the 9.37 km long Central Secretariat-Kashmere Gate corridor has been completed.
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Q: I hear that the reverse mortgage scheme has been extended till life of borrower, is it true?
Latest Answer: In case of the death of the borrower or if the borrower permanently leaves the property under mortgage, the loan is recovered along with interest by selling the house or property. There is also an option were the heir can repay the loan to get the property released.
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Q: I am planning to get into the housing finance business, how is the industry doing now?
Latest Answer: Well, there is no doubt about that, finance companies such as LIC Housing Finance and Housing Development Finance Corporation, have owned the major share over the banks. This trend has been prevalent for the past few years. It is said that the disbursal of home loans by home finance companies will grow by 19% by the next financial year. The industry has seen a YoY growth of 20% June 2013 report. Where banks recorded 17% and home finance companies stood at 26%.
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Q: Hi, what is the update of the realty market in terms of price correction
Latest Answer: If you are a first-time buyer, financial planners suggest going ahead with the purchase. In such a case, you house is an asset as well as your home, and helps you save on rent as well as get tax benefits. Investors, of course, need to be more careful.
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Q: Hi, i want to invest in Greater Noida, Kindly tell me what are the future prospects of the area.
Latest Answer: At least around 15 to 25 percent hike is expected every year over the properties in Greater Noida West. It is a good destination for long-term investments.
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