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Yamuna Expressway

Gaurs Group offers possession at 16th Parkview, Gaur Yamuna City

Gaurs Group, a leading Indian realty firm offers first possession at its project – 16th Parkview located in Gaur Yamuna City at Yamuna Expressway. The project has received its OC for approx 1600 units.  By announcing its first possession the group becomes the 1st developer to deliver a residential unit in Yamuna Expressway. 16th Parkview has an enviable green environment, water lakes, and jogging tracks, cycling tracks and many more. Santosh Kumar and his family, owner of the flat in 16th Parkview were elated and thankful to get possession. Gaur Yamuna City, an integrated township spreading to an area of 250 acres, with existing as well as slated developments – set close to upcoming Jewar International airport, Well landscaped township, Schools and Hospitals within the township, right oppo...

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...

SC’s Move to Get Stuck NCR Projects Back on Track

-by Anuj Puri In a major landmark judgment favoring aggrieved homebuyers, the Supreme Court canceled the registration of all companies of Amrapali Group under state RERA. This is indeed a remarkable judgment and will hopefully set a badly-needed precedent for righting the wrongs imposed on helpless homebuyers held hostage by stuck projects. This remarkable move will have a far-reaching positive impact on the Indian housing market. Several homebuyers will now get significant relief as they now have an assurance that their homes will be delivered, and also will not have to bear the extra burden of the pending statutory dues. With NBCC given the charge to complete all the projects in question, buyers are being shown real light at the end of a long, dark tunnel. Eliminating weak links in the v...

Home and Soul Delivers 1st Phase of ‘Beetle Lap’ on Yamuna Expressway

Bringing much cheer to the lives of the buyers of its group housing project ‘Beetle Lap’, the Home and Soul, NCR’S leading real estate developer has offered possession of its first phase. Launched in the month of November 2013, Home and Soul had promised the delivery of ‘Beetle Lap’ in December 2018.   Located in Sector 25, on the Yamuna Expressway, Noida, this is the first ever group housing project on the 165 km long Expressway which has received the completion certificate from Yamuna Expressway Industrial Development Authority. The project is developed by Royal Hometown Planners Private Limited under its umbrella, Home and Soul; it started with an initial investment of INR 200 crore. The project provides a total of 460 Units including 4 Penthouses and 456 Flats. ...

Delhi Govt. to make Metro & bus ride free for women – Weekly News Roundup

Hi guys! We’re back with weekly news roundup, so let’s get started! The Reserve Bank of India (RBI) cut its repo rate by 0.25% on June 6, 2019, this is the 3rd time this year. The repo rate, at which the central bank lends to the system, will come down to 5.75% after the cut. Mumbai is leading among the 56 cities, and Delhi is at the fourth position according to a new report detailing the traffic situation. However, said traffic in the two cities decreased slightly in 2018. ITC Ltd has declared a collaboration with the Pune Municipal Corporation for sustainable management of multi-layered plastic waste in the city. Delhi chief minister Arvind Kejriwal has said that his government is considering making Delhi Metro and bus travel free for women in the city in order to encourage the use of pu...

Jewar International Airport: Revival for Noida and Greater Noida? – RealtyMyths

Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants By what seems like a cruel twist of fate, the grounding of the country’s largest airline coincided with provisional construction approval for India’s largest (by surface area) airport at Jewar in Noida. It may be recalled that the Allahabad court dismissed petitions filed by farmers and gave in-principle approval to commence the construction of Jewar International Airport, which is estimated to be built at a cost of USD 3.1 bn. Naturally, the expectation is that just like any mega infrastructure project, this greenfield airport will give a major boost to the overall economic activity around Noida and Greater Noida region. Let’s take a closer look. Economic Impact Once completed, Jewar International Airport will not only eas...

Weekly News Round Up

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 update on Yamuna Expressway. After almost 4 years of delay, the Yamuna Expressway Industrial Development Authority (YEIDA) will deliver 5000 plus residential plots in December 2018 and the rest by March 2019. Next, update on infrastructure. Prime Minister Narendra Modi inaugurated the Kundli-Manesar-Palwal Expressway, which will help in reducing pollution by diverting the traffic to the bypass. The commuters going towards Manesar and Palwal from Sonepat can now take the bypass. Update on DDA. Soon there will be no need to visit DDA office to inquire, as DDA is planning to set up a realty call centre. The process of setting up a call cen...

Emerging affordable housing corridors in NCR

Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants Exponential urbanization and tremendous employment opportunities have made NCR one of the fastest-growing regions in the country. It is the largest urban agglomeration in India, with more than 28 million urban residents (around 7.5% of overall country’s urban population). The accelerated urbanization and rampant migration of working population from different states have created a tremendous need for affordable housing in NCR – and the requirement keeps growing. A recent ANAROCK report shows that NCR comes out on top in terms of the number of units added in the affordable housing segment (priced < INR 40 lakh) during the last two years, and accounted for around 26-30% of the overall affordable housing segment’s supply acr...

What Drives The Growth Of Theme-Based Housing?

Growing competition and rising aspiration has led to more sophisticated real estate development in India. With increased globalization, Indian consumers are rapidly being exposed to global standards and desire to live a luxurious life. This is acting as a cue for developers to develop classier projects. Shubhranshu Pani, Managing Director – Strategic Consulting, JLL India Enviable location, spacious living spaces and pleasing architectural design are the basic expectation of modern home buyers in the prime residential category. With architecture becoming an important criterion of choosing a property, urbane residences have emerged as a successful strategy in the Indian real estate domain. To differentiate their residential products, add a unique dimension and meet the growing aspirational ...

Impact of infrastructural development on realty market

Impact of infrastructural development on realty market from RealtyMyths.com Prosperity in any real estate market is directly proportional to its infrastructural development. Roads and highways are the most important infrastructure which lay foundation to the entire development process. The Delhi/ NCR market, post economic slowdown of year 2008, witnessed announcement of many such expressways. This case study is an effort to analyze the impact in the market with a focus on the online search trends.

ANTRIKSH India lauches ANTRIKSH GRAND VIEW in Noida

Souma Mukherjee/RealtyMyths After a series of meritorious projects and quality delivery, NCR’s realty major Antriksh India has launched an incredible residential project by the name of Antriksh Grand View, which is being developed at Sector 150, Noida Expressway. After an enthralling reception which they received for their previous project Antriksh Golf View in Noida Sector 78, this project is sure to raise the expectations of the customers basis their quality of delivery. The project will offer 4 BHK luxury apartments in two unit plans 1860 sq. ft. and 2250 sq. ft. The project is being developed in an area of 5 acres and will house 4 towers with around 288 units on offer. Each tower will comprise of 18 floors and house 72 units, making 4 units on each floor. Antriksh Grand View, is being ...

GULSHAN HOMZ launches GULSHAN BOTNIA in NOIDA

Gulshan Homz announced the launch of its much awaited residential project ‘Gulshan Botnia’, which is to be developed at Sector 144, Noida Expressway After a series of quality constructions and on-time deliveries, NCR realty major Gulshan Homz has announced the launch of its much awaited residential project ‘Gulshan Botnia’, which is to be developed at Sector 144, Noida Expressway. After an enthralling response received for their previous two developments on the Expressway, namely ‘Gulshan Vivante’ and ‘Gulshan Ikebana’, this is their third in line to be developed in the region. Gulshan Homz project will offer 2/3 BHK apartments with five unit plans starting from 1,025 sq. ft., 1,160 sq. ft., 1,355 sq. ft., 1,370 sq. ft. and 1,475 sq. ft. The total area of land under development would be 21...

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