Chandigarh's September 2-4 property auction netted ₹168.85 crore, doubling its ₹75.29 crore reserve. A Sector 33 plot sold for ₹33.4 crore, highlighting soaring demand in prime residential zones amid UT's aggressive e-auction strategy.
GMADA launches Eco City-2 extension in New Chandigarh after 12-year delay, featuring 153 residential plots across 96 acres in Hoshiarpur village.
Ghaziabad Development Authority accelerates long-delayed Indirapuram Extension project amid soaring property prices, holding 96 acres of 230-acre township near Delhi-Meerut Expressway.
Mumbai Port Authority announces major land leasing initiative across Mumbai and Raigad, targeting Rs 13,279 crore revenue from 28 strategic parcels over 30 years.
Noida Authority now offers online completion certificates for all allottees, streamlining the process and reducing wait times.
Noida Authority is auctioning commercial plots ranging from 6,046 to 64,500 sq meters on a 90-year lease. The auction, scheduled for July 11, 2017, aims to boost the real estate sector with attractive land rates.
The Yamuna Expressway Industrial Development Authority announced new housing schemes, offering residential flats and commercial plots, with bidding processes and prices set for June.
The Haryana Government's special panel has approved the municipal corporation in Gurgaon to resume property tax collection, following a suspension due to billing errors.
HUDA removes construction deadlines for residential and commercial plots, allowing allottees to build based on financial stability. Extension fees apply after 12 years, with variations for plot sizes and commercial properties.
GMADA's land pooling scheme offers farmers 50% of developed land as residential, commercial, or institutional plots for projects like the airport road and Mullanpur Urban Estate.
Office rentals in Gurgaon declined by 8% in Q2 2008 due to increased supply and reduced demand. The report highlights preferred locations like MG Road, Golf Course Road, and DLF Cyber City. Noida remains an attractive option for IT/ITeS companies.