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India Sees Spike in real Estate demand as Rupee Falls

Property market across Indian cities is becoming more attractive to non-resident Indians as rupee exchange value falls. Indian real estate market is seeing a sudden spike in demand by NRIs (non-resident Indians) in the recent weeks, triggered by a 10-12 percent fall in rupee exchange value against US dollar. This translates into a corresponding drop […]

Haryana Hikes Land Registration Fee

The authorities will now charge up to Rs 50,000 as fee for registration of per immovable property depending upon its collector rate while earlier the limit of charges was up to Rs 15,000 only. In a significant decision, Haryana Cabinet Monday decided to increase fee for land transactions in the state. The authorities will now […]

Work on Sohna elevated corridor to start by Sept 21

The National Highways Authority of India (NHAI) will build the elevated road, which will be treated as a national highway. After missing a number of deadlines, work on the 5.5-km-long elevated corridor from Subhash Chowk to Badshahpur on Sohna Road is all set to begin on September 21, Haryana PWD minister Rao Narbir Singh announced […]

RERA IS THE DE FACTO regulator of sector, says HARERA

In a historic judgment, the Gurugram Bench of Haryana RERA has expanded the state regulator’s scope of adjudication in the real estate sector and pronounced that the state RERA (HARERA) is the de facto regulator of the sector All real estate projects will come under the ambit of Real Estate (Regulation and Development) Act, 2016, […]

Haryana govt notifies development plan for Faridabad

The Haryana government has notified the development plan-2031 for NCR city Faridabad for a projected population of over 39.55 lakhs. The Haryana government has notified the development plan-2031 for NCR city Faridabad for a projected population of over 39.55 lakhs. The development plan has been framed, keeping in view the overall town density of 115 […]

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