Real estate developers are sitting on around 7.85 lakh unsold housing units across eight major cities and it will take them 32 months to clear these stocks at current sales velocity, according to PropTiger. However, in Delhi-NCR residential market -- which has been adversely impacted due to defaults of many big builders like Amrapali, Jaypee Infratech and Unitech -- it will take 62 months to sell over 1 lakh unsold housing units. Housing brokerage firm PropTiger.com data showed that unsold housing inventory has increased to 7,85,260 units as on September 30, 2022 from 763,650 unsold units at the end of previous quarter.
There's an interesting change sweeping through some real estate markets around Delhi.
His family thanked the Tyagi Community for its support during their ordeal.
Constable Priti Rani was among the hundreds of police personnel deployed for Adityanath's visit.
Swaraj said the Centre was taking immediate action and that UP CM Yogi Adityanath had assured her of a fair and impartial investigation.
'The CM wants to develop a Film City that would provide the entire value chain of film-making services and infrastructure in one place.'
The city's air quality index stood at 385 at 9.05 am, while that of Noida, Gurgaon and Greater Noida was recorded at 406, 363, 296, respectively.
Traffic was severely affected due to heavy rains.
Mumbai metropolitan region, comprising Mumbai city, Navi Mumbai and Thane, leads the pack (in delayed projects) with 210,000 units at an approximate valuation of Rs 2.34 trillion.
With nearly 100 launches and unveils, the Bharat Mobility Global Expo 2025, held in Delhi from January 17 to 22, made one thing clear to automobile enthusiasts: Electric vehicles (EVs) are the way ahead for the Indian auto market for years to come.
Watch the Auto Expo 2018 highlight.
In a setback to the Mayawati government and thousands of apartment buyers, the Allahabad high court on Friday set aside acquisition of land in three villages of Noida, Greater Noida and Noida Extension areas while ordering enhanced compensation to farmers of some other villages in Gautam Budh Nagar district.
'Battery electric, hydrogen fuel cell and hydrogen ICE, could be the three technologies which have the potential of being zero emission and that are what we will have to work on,'
The Allahabad high court on Monday asked the Uttar Pradesh government and Noida Authority to file their counter-affidavits on the hundreds of petitions filed by the farmers of Gautam Buddh Nagar district, who have challenged the acquisition of more than 3,000 hectares of land for the development of Greater Noida and Noida Extension areas.
Areas in the National Capital Region -- Noida and Gurugram -- recorded an AQI of 529 and 478 respectively both in the highly toxic 'severe'.
Even as the country reels from the extended rains and the imminent Commonwealth Games, there are unmistakable signs in Delhi's environs of an unprecedented transformation.
One of the challenges for those car graves is that Indian owners often find markets for their old cars rather than send them to scrapyards.
On July 23, the apex court had cracked its whip on errant builders for breaching the trust reposed by homebuyers and ordered cancellation of the registration of Amrapali Group under the real estate law RERA, and ousted it from its prime properties in the NCR by nixing the land leases.
Squandering the relief due to rain, Delhi recorded a jump in pollution levels and a smoky haze returned on Monday after people flouted the ban on firecrackers on Diwali night.
Rare snow leopard sighted in Himachal's Chicham village.
Rahul Gandhi also fell down in the melee after police tried to stop him and his supporters from proceeding on the Yamuna Expressway.
A police official said prima facie, it appears that the shuttering was hit by a tractor-trolley carrying construction material, which led to the incident but the cause is yet to be ascertained.
Real estate developers are making a killing on projects along the corridor.
According to Ministry of Earth Science's air quality monitor 'SAFAR', the air quality is likely to improve from Friday onwards due to better wind speed.
A bench of Justices Arun Mishra and U U Lalit said, if home buyers are not ready to pay their outstanding amount, then the court will have to bundle up the projects.
At 9 am on Monday, the air quality index (AQI) in the national capital stood at 207 against an AQI of 254 at the same time on Sunday.
Xpro India Ltd started commercial production at its thermoforming unit at Greater NOIDA.
Onus of paying the home loan is on the buyer.
Netaji Subhas Chandra Bose had formed this government and taken oath as prime minister on October 21, 1943."
Real estate developer BPTP Group has won the right to develop 94 acres of commercial land at Noida for Rs 5,006 crore. Country's largest realty company DLF and Omaxe were the other contenders. BPTP's winning bid was nearly 70 per cent more than the reserve price of Rs 2960 crore for the land parcel. The commercial complex at Noida will cater to the shoppers living along and commuting via the expressway. BPTP recently bought a 30 acres plot at Hyderabad for about Rs 666 crore.
According to CNBC's report based on a research by global real estate consultancy Knight Frank, which ranks countries according to highest average growth in housing prices from the fourth quarter of 2006 to the same period in 2011, here are the world's hottest real estate markets.
The situation was tense but under control on Tuesday in parts of western Uttar Pradesh hit by farmers' unrest over land acquisition as police released sketches of 24 troublemakers who incited violence in Agra and maintained a strict vigil.
The company said it will resume production of the car that is being rolled out from its Greater Noida plant in the first week of next month.
Developers say rise due to increase in cost of credit, input and labour.
Expansion of its development portfolio, brokerage upgrades, and strong outlook have led to a 15 per cent gain for the stock of real estate major Godrej Properties (GPL) in six trading sessions. The company recently acquired a 53-acre land parcel in Joka, Kolkata with an estimated development potential of 1.3 million square feet of saleable area with an estimated revenue potential of Rs 500 crore.
'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'
The Supreme Court has dismissed the bail plea of jailed former CMD of Amrapali Group of Companies Anil Kumar Sharma, saying he doesn't deserve "sympathy" after having siphoned off the hard-earned money and life savings of thousands of homebuyers. "You have cheated thousands of homebuyers. You siphoned off their hard-earned money and their life savings. You do not deserve any sympathy," a bench comprising Justices Ajay Rastogi and Bela M Trivedi said, and refused to issue notice to the prosecuting agency on the bail plea of Sharma who has been in jail for over four years in the case. "Yours is not a case of simple cheating. See the plight of thousands of home buyers. You cannot have our sympathy. You better enjoy being in jail... This court is very aware of what you did.
The national capital has been witnessing an incessant spell of light to moderate rain for the past two days.
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