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Cost of acquiring land goes up in Noida by 20%

Cost of acquiring land goes up in Noida by 20%
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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NCR witness 111% jump in new launches

NCR witness 111% jump in new launches
Posted On:
2021-04-06 22:15:11
(Time Zone: Arizona, USA)
Delhi NCR market has performed much better than all other major cities in terms of new launches as the region witnessed a jump of 111% in Q1 2021 over Q4 2020. The next close city is Chennai that saw a jump of 74% in the same period, and Pune with 57%. According to JLL Q1 Residential Market Update - Q1 2021 report, The markets of Delhi NCR and Chennai witnessed a substantial increase in launch activity during the quarter. New launches are still at 84% when compared to the pre-Covid levels of Q1 2020. Developers across the markets under review remain focused on the completion of under-construction projects and clearing their existing inventory. ....

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YEIDA: Infrastructure projects on Yamuna expressway will help recovery of real estate sector, say developers

Synopsis
“Besides Noida and Greater Noida, the biggest and the most effective positive impact will be seen on the housing, office and retail market of Faridabad which is being connected with expressways, highways and metro rail for easy accessibility,” said Mohit Goel, CEO, Omaxe Ltd.
First look: Proposed Jewar Airport passenger terminal in Noida, UP
Approval of a 700-acre Electronic City project near the upcoming Noida International Airport by the Uttar Pradesh cabinet will further boost the real estate demand in Noida, according to developers.
The Yamuna Expressway Industrial Development Authority (YEIDA) will acquire land for the project and allot it to the companies. ....

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RBI Monetary Policy - Feb 2021 - Even after RBI's status quo, developers optimistic about realty growth

RBI Monetary Policy - Feb 2021 - Even after RBI s status quo, developers optimistic about realty growth
Posted On:
2021-02-05 22:34:41
(Time Zone: Arizona, USA)
As the MPC voted unanimously to keep rates steady, the RBI retained the status quo and Repo rates unchanged at 4 per cent. The Apex bank, however, has shown optimistic stance for economic growth as it expects GDP to grow at 10.5 per cent. The real estate sector expected some announcements, but it has to rely only on announcements made in the last few months. Real estate experts say the market is strong, and the RBI s new status quo will not have any adverse effect on it. ....

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