Archive for the ‘Chandigarh’ Category

HUDA finalized timeframe for extension in construction work

By Accommodation Times Bureau
Chandigarh: On this Thursday, the Haryana Urban Development Authority (HUDA) has finalized the policy for grant of extension in time for construction on Institutional sites and grant of extension fee.
According to the present policy for sites for social, charitable trust, religious institutions, and philanthropic institutions. However, the construction work is to be [...]

Punjab Govt made mandatory to file property returns to its employees

By Accommodation Times Bureau
Chandigarh: Today the Punjab government has made it obligatory to its employees to filling the property returns.
While talking with media senior authority said that, “in a meeting while discussing to deter irregularities and transparent deals Chief Minister Parkash Singh Badal has made it compulsory to fill property returns.”
Following to this decision CM [...]

Punjab to set up Urban Devp Mission

Chandigarh: The Punjab Government has decided to establish the State Urban Development Mission (SUDM) an overarching body to direct policy and programme formulation for the holistic development in the state for full coverage of all basic amenities, rec…

Panchkula and Mohali becomes more expensive as Collector rates increased

By Accommodation Times Bureau
Chandigarh: Buying property in Panchkula and Mohali has become more expensive as collector rates for residential properties increased in both the cities by Rs.2000 per square meter and Rs.4000 per square meter respectively.
In sector 6,7,8 and in sector 9 of Panchkula the collector rates has been hiked from Rs 48,000 to Rs [...]

UT Estate Office show-causes 4 in booth scam

Chandigarh: Gives ‘undue’ beneficiaries 15 days to submit replies The infamous booth allotment scam that had rocked the city at the beginning of 2011 and was subsequently raised even in Parliament after some influential names like those of of Union…

All new projects to be approved by heritage conservation body

Chandigarh: The UT Administration is all set to start the process of appointing members to the Chandigarh Heritage Conservation Committee. The committee, to be headed by the UT Adviser, will comprise conservationists, heritage experts, environmentalist…

Delhi-NCR tops list for unsold homes

Real estate developers maintain price levels even as demand slows and interest rates rise. This year, the unsold inventory in residential real estate was the highest in Delhi-NCR at 102,758 units, followed by the Mumbai metropolitan region at 90,512. Bangalore came next with 46,596 units, and Pune followed with 40,734 units, according to PropEquity, a [...]

Amrapali in funding talks with PE firms

Realty firm Amrapali Group is in the process of raising about Rs 220 crore from private equity (PE) firms to fund the construction of two of its large residential projects in Noida. The Noida-based developer is raising Rs 100 crore from IL&FS Investment Managers Ltd for its 20-acre Princely Estate mid-segment apartment project. From JPMorgan [...]

Does higher Delhi mean cheaper flats in NCR?

The reason why real estate in Gurgaon and Noida is flourishing today is because land is scarce and hence expensive in Delhi. But with the Master Plan proposing vertical growth of the Capital resulting in a leap in housing, will prices of Delhi’s tony neighbours be affected? Most experts believe so. The Master Plan intends [...]

Realty thugs on prowl in Noida, NRIs soft target

Even as more and more people are moving towards the twin townships in search of affordable homes, the numbers of property frauds have also been increasing. Police records show that nearly 200 property fraud cases were registered in Noida and Greater Noida this year with miscreants targeting NRIs and non-residents. Senior police officers said that [...]