FAQ’s While Buying a Property

There are always so many things one ponders on while buying a property. So many questions hover in mind and if these questions are not properly answered, one is always confused to make an informed decision.It doesn’t matter if the buyer is purchasing the property for the first time in their life or fifth time, there is always emotions and feelings attached to it. The buyer should be well-informed and properly prepared for the purchasing process. If the buyer is well-informed, the buying process also becomes relatively smooth. While buying a property, the most important rule is that “no question is a dumb question”. Anything can be asked for which one is unsure...

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135km, six lanes and a 1.5hr drive: This is how life on fast lane will pan out for you..

NEW DELHI: Travel between Palwal and Kundli will become seamless and the commute time will come down by half to just one-and-a-half hours from next month with the opening of the six-lane Eastern Peripheral Expressway (EPE).

However, the expressway still doesn’t have fuel stations, repair shops and eating joints. The government will also have to maintain robust enforcement against speeding and provide smooth connectivity for those exiting the expressway towards Chandigarh..

TOI travelled on the 135-km stretch on Saturday and saw how engineers and construction  Eastern Peripheral Expressway (EPE)

Eastern Peripheral Expressway (EPE)

workers were doing shifts round the clock to complete the work by April 29 when PM Narendra Modi is scheduled to inaugurate the stretch...

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Huda Probe Hints At Scam in Online Auction Of Land In Gurugram

The probe has indicted the urban development authority’s estate office staff for their alleged involvement in the irregularities.

GURUGRAM: Huda has sought a high-level investigation into an alleged e-auction scam after an internal probe found irregularities in online sale of its properties in Gurugram last year. The probe has indicted the urban development authority’s estate office staff for their alleged involvement in the irregularities.

TOI had on September 28 highlighted the irregularities in the e-auction of Huda properties in the city, prompting the internal probe. The authority was accused of uploading details of properties on its website just two days before the e-auction in June-July, allegedly to benefit a couple of individuals and causing huge losses to the state exchequer...

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DTCP Demolishes Over 500 Illegal Structures in New Sectors of Gurugram

The demolition drive will continue till the entire area is freed of encroachments and unauthorised constructions, said district town planner (enforcement) Rajendra T Sharma.

GURUGRAM: In a crackdown on illegal structures in new sectors of the city, the enforcement wing of department of town and country planning (DTCP) demolished over 500 structures in sectors 81-95 this week. Between Monday and Wednesday — structures built along sector roads, unplanned pockets and on land acquired by Huda for sector roads — were demolished in one of DTCP’s biggest drives in recent times to check unplanned development in new sectors.

“The unplanned construction in these sectors was hampering planned development, besides being a security concern for residents who had recently shifted to these sectors,”...

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Trump Organization to Launch Maiden Commercial Project In India This Year

In 2016, Trump Organization had entered into its first commercial office deal in India with private equity fund and developer IREO

NEW DELHI: After making India its largest market with most number of Trump branded properties outside of North America, Trump Organization is in process to launch its maiden commercial real estate project in the country later this year.

“We will be launching a commercial project in India this year,” said Donald Trump Jr., Executive Vice Chairman of The Trump Organization.

The American real estate firm is also keen on forming alliances for hospitality projects in India but will take a decision on this at an “appropriate time”, he added.

In 2016, Trump Organization had entered into its first commercial office deal in India with private equity fund and dev...

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Developers to Focus on Ramping Up Systems for Rera Compliance

RERA has the ability to address these unstructured practices and completely change the landscape of real estate sector, including the way the business transactions are being done

RERA is undoubtedly one of the most significant regulatory developments for the real estate sector. Over the years, real estate sector has been characterised by myriad unstructured practices, which has given a very different perception of the sector to the larger stakeholders of the economy. These practices have led to increase in the number of litigations, marked with worsening customer sentiments as seen in the recent times.

RERA has the ability to address these unstructured practices and completely change the landscape of real estate sector, including the way the business transactions are being done...

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Housing Ministry Sanctions Upto 5 Lakh Affordable Houses Every Month

The ministry has also come out with eight models to promote private sector participation in the affordable housing sector

Admitting that India’s urban infrastructure was under “extreme strain”, Union Minister of State for Housing and Urban Affairs Hardeep Singh Puri has said the government was committed to bringing holistic transformation in the country’s infrastructure development, including providing 12 million houses in urban areas by 2022.

Sanctioning at a rate of 3 lakh to 5 lakh affordable houses per month under the Pradhan Mantri Awas Yojana (PMAY), Puri said the government is committed to providing “12 million houses in urban areas by 2022 as part of its home-for-all campaign”...

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DTCP Invites Bids to Build 3 Lakh Affordable Homes In Gurgaon

DTCP had issued affordable housing licences over 331 acres, on which around 46,000 units are at different stages of completion, in sectors along Northern Peripheral Road (NPR), also known as Dwarka expressway, and Southern Peripheral Road (SPR).

GURUGRAM: The supply of affordable housing in Gurgaon, one of India’s largest real estate markets, is expected to see a significant boost, after the department of town and country planning (DTCP) invited fresh applications for licences to build over 3 lakh affordable housing units.

Haryana amended its Affordable Housing Policy 2013 in October 2017, to extend an existing cap of 300 acre in Gurgaon district to 1,935 acre...

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Haryana to Revise Affordable Housing Policy

Haryana housing minister Kavita Jain said on Sunday that chief minister Manohar Lal Khattar had approved a new affordable housing policy to provide cheaper houses to people of small urban areas, especially in the old city boundaries of the state

The Haryana government has decided to revise its affordable housing policy to realize the target set by the Centre under the “Housing for all by 2022” plan.

Haryana housing minister Kavita Jain said on Sunday that chief minister Manohar Lal Khattar had approved a new affordable housing policy to provide cheaper houses to people of small urban areas, especially in the old city boundaries of the state. This would provide affordable houses to people near their workplaces...

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Over 37,000 To Get Homes Under Pmay in Gurugram

Government agencies such as Huda, MCG and HSIIDC will work together on the project, identity land and build houses.

GURUGRAM: As many as 37,400 houses will be made available in the district under the Pradhan Mantri Awas Yojna, according to MCG, which has already prepared the detailed project report (DPR).

An MCG official told TOI that the corporation received more than a lakh applications seeking the benefits under the scheme, and 28,839 applicants were shortlisted in MCG areas, 1,841 in Pataudi Municipal Corporation areas, 791 in Farrukhnagar, 1,412 in Haily Mandi and 4,580 in Sohna.

“An agency called Yashi Consultancy Pvt Ltd was appointed for the survey to assess the demand under the national scheme...

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