Real Estates Now

Recently a leading Newspaper has surveyed among the prospective Home Buyers of Delhi NCR and their key findings are followings: Reason for Buying a House :- Most buyers are motivated by the need for more space and savings on rent. What Motivates Buyer to Buy a House :- Most buyers are waiting for property prices to fall or their income to rise before they take the decision. How Much of Total Savings Will Buyers Put in the Down Payment :- One out of two home buyers is ready to pour more than 50% of of his total savings into the down payment. Key Factors That Buyers Consider while Buying:-  There are 3-4 key factors- Size of units, Price of property, Proximity to workplace and Amenities like Club House, GYM & open spaces.

New Delhi: World Class Exhibition Cum Convention Centre is coming up in Dwarka Sector-25, New Delhi. Features of this centre- 1. There will be big central hall to accommodate 10000 people at one go. 2. There will be 2 exhibition hall which will be built in 80000 sq mtr. 3. There will be many Hotels for guests. 4. First phase will be complete by 2019. 5. This center will be merely 3 km from IGI airport. Fore more details stay logged in............ 

New Delhi: DMRC has started extending the high speed Airport Express Line deeper into Dwarka with the construction work of an underground stretch. The Corridor currently running between New Delhi Metro Station and Dwarka Sector-21, will be extended till Dwarka Sector-25. 

New Delhi: The DDA has pegged its budget expenditure for the 2018-19 fiscal at over Rs 8,000 crore and plans to transform Delhi into a "world-class city" through various projects, which include the rejuvenation of the Yamuna. The budget, along with revised estimates for 2017-18, was presented before the Authority, the DDA's highest decision-making body, during a meeting held today at Raj Niwas under the chairmanship of Lt Governor Anil Baijal. "The budget expenditure for the year 2018-19 has been set at Rs 8,032 crore approximately, projecting a growth of 67 per cent over the revised budget estimates for 2017-18 at Rs 5,295 crore," the Delhi Development Authority said in a statement. As part of its budgetary allocation, the housing authority plans to spend Rs 3,633 crore on houses and shops; Rs 765 crore on acquisition of land and payment of enhanced compensation; Rs 2,348 crore on development of land; and Rs 1,286 crore on establishment and

NEW DELHI: The government today asked builders not to charge any GST from home buyers as the effective GST rate on almost all affordable housing project is 8 per cent which can be adjusted against the input credit.  It said builders can levy GST on buyers of affordable housing projects only if they reduce the apartment prices after factoring in the credit claimed on inputs.  Read more at: //economictimes.indiatimes.com/articleshow/62822084.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Courtesy- Hindustan Times 05-04-2018 

A housing society group on Thursday urged  Prime Minister  Narendra  Modi to ensure implementation of earlier approved Land Pooling Policy, as the new policy will deprive people of  affordable housing  in some parts of the national capital, and also warned of an agitation if this was not done. The Federation of Housing Societies and Developers in  Delhi  (FEDHSDD), which held a day-long protest at the  Delhi  Development Authority's (DDA) office, also wrote to Modi demanding immediate rollback of modified land pooling policy as it will "increase the cost of homes by 40-50 per cent and affect more than 40,000 people who have invested under the policy". To know more: https://realestatesnow.blogspot.com