Category: Delhi

Delhi Government Cuts Down Circle Rates For Residential, Commercial & Industrial Properties

In a big relief for homebuyers and a major boost for the real estate sector, the Delhi government on February 5 decided to slash circle rates for residential, commercial and industrial properties in Delhi by 20 percent flat until September 30, 2021. The decision was taken at a cabinet meeting […]

DLF All Set To Make It’s Presence Felt In Mumbai – Chennai Residential Property Market After NCR

DLF, the country’s largest listed developer, could again diversify into residential-property markets such as Mumbai and Chennai after focusing on its home turf, the National Capital Region (NCR). The developer started concentrating on Delhi-NCR after selling some of its land parcels in cities such as Mumbai in 2012 to reduce […]

Real Estate Slump Worsens Amid COVID-19 Pandemic: Sales Drop By 62% In Delhi/NCR

The real estate sector has been the worst hit by the pandemic in the first nine months of this year, with nationwide sales from January to September falling by 43% as compared to the same period last year, according to a report by property consultants Anarock. According to the Anarock […]

COVID-19 Will Ensure That The Masses Use Public Spaces In A Different And New Way: Bharti Realty CEO

Bharti Realty, the real estate arm of Bharti Enterprises, has developed and is currently managing five million square feet of commercial real estate space across, including Delhi, Gurgaon, Kolkata, Ludhiana, Bangalore and Chennai. Some of its projects include, Bharti Crescent in the Capital and Aerocity in Gurgaon. The company’s whole […]

DDA Suggest Modifications In Plan To Invigorate Real Estate Sector

With the coronavirus pandemic impacting real estate sector, the Delhi Development Authority (DDA) on Tuesday approved two significant modifications in Master Plan of Delhi (MPD) 2021 to help stakeholders for strong business proposition. During DDA’s board meeting chaired by Lt Governor Anil Baijal, nods were given to increase maximum ground […]

Magicbrick’s Report Talks About The Steps To Recover For Real Estate

As the Indian economy is slowing getting back to a ‘new normal’ following the Covid-19 outbreak, green shoots have also emerged in the real estate sector with home buyers returning to the market — though in lower numbers — across tier- 1 cities, reveals the recently released Magicbricks’ Propindex Report […]