Govt. Says: Over 31,000 Affordable Flats Are About To Be Launched In Gurgaon

The Haryana government said on March 11 Gurgaon’s realty space has provisions for 31,736 flats in the economically weaker section (EWS) and affordable housing categories and asked realtors for a status report on such houses in the city. It also said formalities on allotment of 14,500 flats and plots under both categories had been completed …

Home Loan: RBI Reduces Burden On Buyers, Industry Calls Move ‘Insufficient’

If the Budget turned out to be a non-event for the real estate sector except for benefits to Real Estate Investment Trusts (REITs), the Reserve Bank of India last week offered some relief to home buyers, especially those belonging to the low-income category and for houses that may fall in the affordable category or in Tier II and …

Connaught Place Is The 5th Most Expensive Office Location In The World: Survey

Connaught Place in New Delhi has emerged as the 5th most expensive office space location in the world, according to Cushman & Wakefield’s annual global survey based on office rental values at the end of 2014. The survey that ranks locations across Americas, Europe, Asia Pacific, Middle East & Africa, noted that Connaught Place rose …