The New Delhi Municipal Council (NDMC) has made headlines with its latest financial performance for the fiscal year 2023-24, reporting a substantial revenue of Rs 3,795.3 crore. This marks a 15.11% increase from the previous year, showcasing an impressive stride in the urban body’s financial management and operational efficiency. Let’s delve into the various aspects of NDMC’s revenue sources, the strategies behind their successful year, and what this could mean for the future.… Read more
All About National Capital Region Planning Board
Tags: NCR
The National Capital Region Planning Board (NCRPB) was established in 1985 through an act of Parliament to manage the growing population pressures on the National Capital Region (NCR), which encompasses parts of Uttar Pradesh, Delhi, Haryana, and Rajasthan. Chaired by the Union Housing and Urban Affairs Minister and including members from the constituent states, NCRPB exemplifies inter-state and inter-agency collaboration for regional development.… Read more
Chintels Paradiso: Is there any chance of another demolition?
A housing development called Chintels Paradiso is situated in Gurgaon, India. The complex’s occupants are in a condition of anxiety and uncertainty as a result of recent speculations that it would be demolished. We shall investigate the sources of these reports and the prospects for Chintels Paradiso in this piece.… Read more
Why is Sohna preferred for Gurgaon land/plot investments?
Sohna is home to several residential societies, independent villas, and planned projects by well-known developers. According to insider reports, residential plots account for roughly 30% of the inventory for sale in Sohna. Land values in the area have continuously increased, and as a result, demand has skyrocketed. Land values in Sohna have risen from Rs 45,000 per square yard in January 2021 to Rs 54,900 per square yard in January 2022.… Read more
Safest Localities in Gurgaon
MG Road
While the Gurugram section of the Mehrauli-Gurgaon Road (MG Road), also known as National Highway-148A, is acknowledged as one of Gurgaon’s most notable business centers. Three of Gurugram’s best and safest residential residences are also known to be located there. Some of the most impressive residential townships, including Essel Towers, DLF Beverly Park, and Chintels Serenity, are located in the area. The growth of the industrial and residential sectors of MG Road is attributed to the area’s proximity to some of the most recognizable businesses, its state-of-the-art infrastructure, and its connectivity to other corporate areas like DLF City.… Read more
All to Know About Transfer charges in Noida
The Noida Authority reduced the switch rate by nearly half on September 24, 2021, in a move that might significantly lower the cost of purchasing resale homes. The Noida Authority decided to lower the switch of memorandum (TM) rate for the residential category, which includes flats and plots, from 5% to 2.5% during its 203rd board meeting, which was held on September 24, 2021.… Read more
NCR contributed for the most proportion of real estate investments in H2 2022: estimated
In accordance with the Vestian research ‘Institutional Investment in Indian Real Estate: H1 2022,’ NCR contributed to the most real estate investments in H2 2022, drawing 21% of overall investment.… Read more
Commercial property stamp duty in Noida
Buyers considering acquiring commercial property in Noida, such as stores, workplaces, and marketplaces, must pay stamp duty and registration fees to transfer the immovable asset to the city. To determine the overall price of the property, they need to get a thorough grasp of the indirect tax.… Read more
Noida has no EV charging stations and no development permits.
To lessen the environmental benefit, the Noida Authority has declared that it would not accept a construction design unless it includes measures for the installation of electric vehicle (EV) charging stations. According to the authority’s amended Building Manual 2010, these charging stations must take up at least 20% of the parking space. Officials hope that the measure will inspire individuals to buy electric vehicles and adopt more environmentally friendly activities. Furthermore, the move is expected to be cost-effective for the real estate and construction businesses.… Read more
Leading Areas To Invest in Gurgaon
While connection, affordability, and facilities are important concerns for purchasers when purchasing a property, investors also examine the scope of returns on their investments. In this blog we have analysed the rental yield and price gains in several Gurgaon neighbourhoods over the previous three years, and these sectors identified as the best places to invest in Gurgaon.… Read more
