Situated on Dwarka Expressway, Sector 106 is an upcoming sector that largely encompasses under-construction apartment projects by reputed developers. Centrally located, it is well connected to NH 8 and IGI Airport. At present, sector 106 Dwarka Expressway is a low-density population area. Rated highly on environment, commuting & places of interest, this sector has all […]
The real estate sector, which has been in doldrums for the past few years, is gaining momentum in Delhi-NCR with improved demand and supply in the affordable housing Gurgaon segment. As far as demand is concerned, affordable housing — which includes units with a price of less than Rs 45 lakh — has seen the […]
The real estate expectations are quite high as Finance Minister Nirmala Sitharaman is going to present the Union Budget for 2021-22 on February 1, 2021 amid Covid-19 pandemic. The economic slowdown and loss of revenue due to nationwide lockdown affected the real estate industry as the industry is slowly coming back to the track the […]
In a bid to boost affordable housing, the Khattar Government has amended the state’s Affordable Housing Policy-2013 by doling out major sops to the recession-hit realty sector. Under the new policy, the builders have been extended major incentives in the matter of project area norms, commercial component and parking area norms. These incentives are intended […]
The Affordable Housing segment is set to get a major boost with the Haryana Cabinet’s go-ahead for amendment in Affordable Housing Policy 2013 Haryana Development and Regulation of Urban Areas Act 1975 for change in Minimum Area Limit, Project Area Limit, Increase in Commercial Component, and Parking Provisions. After the latest guidelines on December 23, […]
With the Haryana government deciding to include car parking space in affordable housing projects Gurgaon, city-based developers expect a surge in demand for such low-budget flats in Gurgaon and Sohna. As per the latest amendment to Affordable Housing Policy 2013, one car parking space for each dwelling unit is now free, which means a buyer […]
2020 started on a positive note with the real estate sector hoping to improve upon the mix bag performance of 2019. The first heartbreak came when the Union Budget 2020-2021 almost neglected the real estate sector, barring some good tidings for the affordable segment. The sector took respite in the government’s focus on infrastructure, which […]
Vikas Garg, deputy MD, MRG World, tells us his outlook for the sector, and impact of the affordable rental housing policy by the Haryana government. What is your outlook for the real estate sector in next six months and 2021? Affordable housing shows a positive response from demand side, and in the coming months, increased […]
Indian real estate leaders have welcomed today’s RBI’s resolve to continue with an accommodative monetary policy stance and focus on reviving growth. RBI’s six-member Monetary Policy Committee on Friday voted unanimously to retain the repo rate at 4 per cent while keeping its policy stance accommodative. As per reports, the central bank sees the economy […]
The RBI today kept the repo rate and reverse repo rate unchanged at 4% and 3.35% respectively. The Apex Bank also announced on-tap TLTRO for Rs 1 trillion at 4% till March 2021 and will conduct OMO worth Rs 20,000 crore next week. The RBI governor also announced that the RBI will take steps that […]