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In order to connect city sector roads with the Motorway, the National Highways Authority of India (NHAI) agreed to buy land at eight locations along the Dwarka Expressway. Santosh Kumar Yadav, the head of the NHAI, gave his approval to
Real estate in the National Capital will now cost more as the Delhi government approved a 1% rise in transfer duty on properties priced above Rs 25 lakh throughout the city. The Delhi government did not announce the rise in
In the National Capital, the Delhi government announced an increase of 1 percent in transfer duty on properties priced above Rs 25 lakh. Although the Municipal Corporation of Delhi (MCD) accepted the increase in transfer duty in May 2022, the
Golf Course Road, an established micro-market recognized for its upscale residential and commercial developments, is a popular area for real estate development. Godrej Properties, one of India’s top real estate developers, put the highest offer and received the Letter of
The focus is now on land purchases as real estate developers are picking up the pace with new projects as major companies have high sales goals for themselves beginning this year. According to JLL India report, approximately 100 land transactions
Deen Dayal Jan Awas Yojna (DDJAY), a programme for low- and middle-income homeowners, has been suspended by the Haryana government in the districts of Faridabad and Gurugram due to the high cost of land. The Final Development Plan 2031 of
MCG has established 16 teams to investigate cases of tax evasion involving conversions of properties from commercial to residential, industrial, or institutional usage, and they have to report their findings by April 30. There are 1,244 commercial properties have been
The National Capital Region (NCR) saw a spike in new residential unit releases during the first quarter of 2023, as per the most recent data by the real estate consultants Anarock. However, there has been a small decline in sales
