Infrastructure, launches, prices and policy — written for brokers who need the detail, not the headline.
In June, Prime Minister Narendra Modi is expected to officially inaugurate the Gurugram section of the Dwarka Expressway. This expressway, worth Rs. 9,000 crore, spans 18.9 kilometres in Gurugram and 10.1 km in Delhi. The Dwarka Expressway is being built from near the Kherki Daula toll plaza in Gurugram to Shivmurti in Mahipalpur.
Realty major DLF Ltd on Thursday announced that it has sold 1,137 luxury apartments, priced Rs 7 crore and above, for over Rs 8,000 crore within 3 days, in its housing project in Gurugram.
DLF, India’s largest real estate developer, expects to close 2022-23 with record sales of about Rs 15,000 crore, more than double that in the previous financial year on the back of increased demand for luxury houses, said its group executive director Aakash Ohri.
Residents facing property tax issues in Gurgaon can now call on toll-free number 1800-180-1061 for help. The complaints from the call centre will be directed to the officials concerned so that people do not have to run from pillar to post to get their MCG property tax issues resolved.
The Haryana Urban Local Bodies (ULB) department has linked the development charges with the collector rate. Now the development charges will be levied at five percent of the rate. The move will increase or decrease the home values whenever the collector rate fluctuates.
Real estate developers are hopeful that the announcement of the ‘Gurugram Metro’ during the Haryana Budget will result in strong surge in demand for housing and commercial space.
Amid speculations that the Haryana Government would soon revoke the suspension on stilt-plus-four-storeyed builder floors, a large number of Gurugram residents have demanded a set of rules in case the construction was allowed.
