DTCP bans property purchase and sale at a society in Sector 90, Gurugram

GURUGRAM:  Due to violation of license norms and regulations, the DTPC (Department of town and country planning) has banned the sale and purchase of possession in a group housing society spread across 11 acres in Sector 90, Gurugram. The DTPC has also issued strict orders to the tehsildar anxious to not execute any sale deeds in […]

The Residential Sector Grew 15% In The Top Eight Cities During Q3 2022. Report

Similar intense activity was also observed in new launches, which grew 15% year-on-year (YoY) to 69.687 units during Q3 2022. All markets experienced an average price increase of between 3% and 10% YoY. The residential sector experienced an annual growth rate of 15% New Delhi: The residential sector experienced an annual growth rate of 15% between […]

Lenskart’s co-founder buys south Delhi property for Rs 22 crore

Two people aware of the transaction said Neha Bansal (co-founder of Lenskart eyewear retailer) had purchased a 400-square yard bungalow in Greater Kailash, Delhi’s. The purchase cost for this bungalow was Rs 22 crore. After selling their shares or stakes in companies, startup founders and promoters who want to reduce taxes are the most prominent […]

Noida: 5 years & 100 Plus hearings but many Jaypee buyers no closer to flats

Homebuyers have summoned Jaypee that it is trying to derail the process to prevent them from claiming their crown jewels, a claim Jaypee does not deny. In addition, government agencies appear to be making statements that are not beneficial to homeowners. NEW DELHI In January of 2010, Puja Mehrish secured a place in Jaypee Infratech […]

Gurugram: A fresh scare at Chintels Paradiso about cracks in balconies

GURUGRAM:  Residents of society have a complaint about fresh cracks in the balconies of towers F and E of Chintels Paradiso, the housing society, where due to vertical collapse of five living room floors left two residents dead earlier this year, set alarm bells ringing again and again, a team from the district town and country […]

Delhi property owners in a fix on circle rate, mismatch in market value

New Delhi: Some property owners in New Delhi find it difficult to sell their properties as those falls in colonies marked with circle rates; the government’s compulsory minimum prices are much higher than the actual market price.  On the other hand, there are several other colonies where the circle price is far below the prevailing […]