This is expected to benefit close to 450 homebuyers. The government-backed Special Window for Affordable Housing and Mid-Income Housing SWAMIH Investment Fund (SWAMIH), has committed to invest in completing the phase II of Imperia Group’s residential project in Gurgaon. The investment amount has not been disclosed. As an outcome of this investment, Imperia Group, the […]
The regulations shall be applicable to all real estate projects, irrespective of the fact that they are registered/registerable or exempted from registration. Any sale of real estate project on any other basis except on carpet area basis after RERA coming into force shall be declared as null and void by HARERA. Haryana real estate regulatory […]
From applying for a unit in an affordable housing project to paying the booking fee, draw of lots, allocation and refund, the entire process is now online. The department of town and country planning (DTCP) has launched a portal in order to ensure transparency in the entire process starting from application till the allotment of […]
Affordable housing projects have come under the scanner of the department of town and country planning (DTCP) in the wake of complaints that many developers have been demanding a premium from potential homebuyers in the name of assured allotment. In Gurugram, there are currently around 91 affordable housing projects at different stages of construction. As […]
While luxury and premium housing categories are again finding traction among customers across the country, it is the demand for affordable housing gurgaon, post the lockdown, which has given a boost to real state markets, showed a report released by a private real estate consultancy. In Delhi-NCR alone, the demand for affordable housing was 38 […]
Affordable housing projects continue to be the dominant segment in the market as 87% of the new launches in the NCR region were concentrated in the less than Rs 45-lakh price bracket during the last quarter. Affordable housing projects continue to be the dominant segment in the NCR market as 87% of the new launches […]
Despite the lower-than-normal sales traffic in the real estate sector, the affordable segment has emerged as the hot cake for the potential homebuyers. Post-Unlock, the segment witnessed improvement in the number of visits to the site, and the properties sold immediately first because of the pent-up demand and realisation of people to own their home, […]
With almost three quarters after the coronavirus outbreak, the nation has started to come out of the economic slowdown. Gradually increasing real estate sales numbers and homebuyer’s enquiries point towards a brighter future. Post pandemic, the revival of the Indian real estate sector, being the second largest employer of the nation, will be significantly impacting […]
The Gurugram bench of Haryana Rera on Friday issued a notice to blacklist and debar a real estate company, Empire Realtech, and its promoter CHD Developers from launching any new project till ongoing ones are completed. It’s the first time the regulator has taken such a tough measure as delays in delivery of homes have […]
The Haryana Real Estate Regulatory Authority (H-Rera) on Thursday ordered a city-based developer to pay delay possession charges (DPC) of Rs 2 crore to homebuyers for failing to deliver flats in time. H-Rera chairman KK Khandelwal directed Spaze developers to pay the compensation to the homebuyers, while disposing of complaints by over 80 allottees in […]