Latest Real Estate News Delhi, India - Real Estate market in india

Land Acquisition

Do You Know the benefits of the Land Pooling Policy?

–  by Arti Choudhary We all are familiar with the term called land acquisition, especially in today’s date when it is ruling the Indian real estate. The land acquisition means the process where the government takes possession of land for the public purpose for its own use or for the private entity by paying compensation to its owner. But in some cases either the land distribution is inequitable or the amount of compensation is not satisfactory. And in order to avoid this, land pooling is a great option as it units unbalanced land property to set up a bigger land parcel. Land pooling policy was introduced in Delhi last year for impartial and solid land improvement. This helps both the government and the landowners as, the government’s prime focus is to build the infrastructure on the ...

Delhi Police files charge-sheet against Gautam Gambhir and others | Weekly Round Up | RealtyMyths

Hey Guys, we’re back with the weekly news round-up. Let’s check out the top 5 news of the week!  75%of the needed land has been acquired for the phase 1 of Jewar Airport project, said the Gautam Buddh Nagar administration on September 28, 2019. A total of 923 hectares of the 1,239 hectares needed for the first phase has been acquired. An increase in land rates has been announced by the Noida Authority. Residential Plots near the metro line and the expressway is increased by 5% and group housing societies and institutional plots by 7%. The Dwarka-Najafgarh corridor of Delhi Metro, also known as Grey Line, will be open for the general public from 4th October. This line will connect the urban village area of Najafgarh to the rapid transit network. A charge-sheet has been filed against ...

Article 370: Removal of ‘special status’ for J&K will improve infrastructure | Weekly Roundup | RealtyMyths

Hi guys, welcome back to weekly news roundup. Let’s get started!  On 6th August 2019, The Gautam Buddh Nagar administration acquired the first tranche of (80-hectare) farmland, for the proposed Jewar International Airport and passed it over to the Yamuna Expressway Industrial Development Authority (YEIDA). The Reserve Bank of India (RBI) cut the key interest rate for the fourth time in a row, as it reduced the repo rate by 35 basis points (0.35%) to 5.40%, to boost the slowing economy. According to the World Resources Institute’s Aqueduct Water Risk Atlas report, India is at the 13th spot among 17 countries, on the list of ‘extremely high’ water-stressed countries, close to ‘Day Zero’ conditions when the taps run dry. On August 5, 2019, the government, revoked the ‘special status’ granted...

Weekly News Round Up – RealtyMyths

Hi guys, and welcome back to the weekly news roundup, where we talk about the current news in the real estate industry. So let’s begin!  Starting with the RBI policy changes. RBI cut the Key Repo rate by 0.25% to 6.25%. The central bank also changed its monetary policy stance to ‘neutral’ from the earlier ‘calibrated tightening’, indicating further relaxing on its approach towards interest rates. Next update on Reliance Industries. To expand the presence in the e-commerce and communication segment, Reliance Industries is planning to invest an additional INR 10,000 crores in West Bengal Update on highways in India. Under the Bharatmala Pariyojana programme, 65,000 km of highways to be built across the country by 2022, at the cost of over INR 5.35 lakh crores, said Nitin Gadkari, Road Trans...

Infrastructure – Lifeline of the Country

Infrastructure knits together the fundamental physical elements that are the building blocks of the economy and health of the country. It shapes the interaction within the natural habitat but is driven by human desires. The economic, health, agricultural, political and environmental subsystems communicate to form a global connection. The business dictionary describes ‘Infrastructure’ as – MythBuster Anushree, “Relatively permanent and foundational capital investment of a country, firm, or project that underlies and makes possible all its economic activity. These systems tend to be high-cost investments; however, they are vital to a country’s economic development and prosperity. Projects related to infrastructure improvements may be funded publicly, privately or through public-private...

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