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Real Estate India, Delhi NCR - 2011

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Real Estate Industry in India had a mixed experience in the year 2011. It had been both sweet and sour for developers and builders — sweet, in the sense that a number of affordable and luxurious housing projects were launched. On one side, it faced low during land acquisition in Gr.Noida,  then launch of skyscrapers in Delhi NCR especially in the millennium city Gurgaon was really a high point.  Land-related issues, along with the developers’ and buyers’ rights, and initiatives for amendments to the land acquisition laws and real estate regulation bill have also been taken up. The flip side was the uncertainty over forthcoming projects due to land acquisition rows, especially in Noida and Greater Noida, and that the initiative for a real estate regulator is yet to bear fruit. The apprehension of a worldwide recession has also cast a shadow on the realty market. However, Gurgaon witnessed quite a strong appreciation during the year. Prices in Dwarka...
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Gurgaon Real Estate Market Sets The Pace

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Residential real estate in Gurgaon has seen a price appreciation of over 25%, the fastest surge in the Indian Real Estate Market, in the last one year. Gurgaon is registering the fastest growth in the real estate sector in the country. Developers are flocking to the region to launch new projects after prices here shot up by as much as 25% in the last one year. Recently, well-established realty players like Godrej Developer, Tata Realty from Mumbai and Sobha Developers from Bangalore launched their projects in Gurgaon. This has further infused the competition in the sector in the region. A large number of white-collar jobs have been created in Gurgaon after it emerged as a hub for IT and IT-enabled services in northern India. Also, owing to its proximity to the national capital Delhi, several Fortune 500 firms opened their offices here, employing hundreds of high-income professionals. And with Delhi already overcrowded, these people tend to buy houses in Gurgaon itself. But, th...
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Upcoming Dwarka Expressway a Boon for Residents as Well as Paradise for Investors

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If we go with the words of  Delhi development Authority DDA planning departments , the upcoming Dwarka-Manesar Expressway will solve the traffic problems of the residents of Dwarka and other nearby west Delhi colonies. This is the constant refrain of DDA planners whenever faced with queries relating to poor approachability to Dwarka. Similar views were made by them in a recent interaction with the public organized by a resident body in Dwarka. Though work on proposed 18 km long and 150 in wide expressway is still to start, the Officials involved are positive. “The Dwarka-Manesar Expressway is one of the main projects which is going to create a new approach to dwarka and solve a lot of existing problems, related to the approach to NH-8 from Dwarka. Work on the Dwarka side of the project will start soon.” "Dwarka Expressway is definitely going to be a faster way to reach to Dwarka from NH-8, it was the need of the time." says Mr. Vishal Srivastava, Director of well known real ...
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