Tag: real estate transactions
The Haryana Town and Country Planning Department has announced significant updates to the External Development Charges (EDC) rates effective January 1, 2025. This policy revision, formalized through a notification dated December 31, 2024, introduces a structured annual increment in EDC rates to meet the evolving infrastructure development demands in urban estates across the state. Key […]
The Haryana government has decided to revoke its earlier decision to pause the implementation of the S+4 floor policy. This decision was announced by the Department of Town and Country Planning (DTCP) after the department received a number of representations from developers and other stakeholders. The S+4 floor policy allows developers to construct buildings with […]
Gurugram's property market presents a vibrant tapestry of rental opportunities, from luxury apartments to affordable housing. As the city transforms into a bustling corporate hub, investors and renters alike find a dynamic landscape ripe for exploration.
The post "Year on Year Trends for Property in Gurugram" analyzes the evolving real estate market in Gurugram, highlighting key statistics and notable trends over recent years. It emphasizes the increasing demand for residential and commercial properties, driven by infrastructure development and economic growth. The article details advantages such as attractive investment opportunities, favorable pricing, and the city's strategic location near the capital. Additionally, it explores distinctive qualities of Gurugram's property market, including innovative housing projects and the rise of luxury developments, setting it apart as a prime location for investors…
The "Intro to RERA Act" post delves into the Real Estate (Regulation and Development) Act, highlighting its key features and benefits. RERA aims to enhance transparency, protect buyer interests, and promote fair practices in the real estate sector. It mandates the registration of real estate projects and agents, ensuring that developers adhere to established timelines and quality standards. The act also establishes a regulatory authority to address grievances, fostering accountability. Overall, RERA enhances consumer confidence, streamlines transactions, and contributes to a more organized real estate market.