Tips on finding right property broker

 Jan 11 2011

Get your broker to earn his commission

Brokers are supposed to provide a host of services, apart from just showing you a house. Before signing the cheque, ensure they deserve i

Think of buying a house and it’s not just the price of the property you need to consider. There are other big-ticket expenses such as paying the stamp duty and the brokerage. Striking a property deal without a broker is difficult. But the broker’s responsibility doesn’t just stop at introducing the owner and the buyer. Though the unorganized real estate sector leaves the responsibilities of the broker unclear, a broker’s job doesn’t end until you have moved into an undisputed, clean house.

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WB Loan for Eastern Freight Corridor

Dedicated Freight Corridor is one project that can dramatically change industrial face of India and NCR region in particular. There is a positive news flow on Eastern Dedicated Freight Corridor as the World bank has issued Rs 10,800 crores loan for corridor. The corridor runs from Ludhiana to Bihar (to be extended to Kolkata) with a total length of 1280 km. Dadri would be the junction of Eastern and Western Dedicated Freight Corridor. The more popular and dynamic Delhi-Mumbai Dedicated Freight Corridor would be 1483 km long between Dadri and Mumbai.

Refer to below news article from NBT

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ET Realty Convention 2010: Planning new-age townships

ET Spcl: The way forward for new-age townships

20 Dec, 2010, 08.48AM IST, Neha Bhatia,ET Bureau

With metro cities already bustling with over-population , the focus of real estate developers and urban planners has now shifted towards developing the satellite towns on the periphery of bigger cities. However the biggest bottleneck in popularising new townships in the peripheral regions is the lack of proper connectivity. As the real estate sector is finally coming on the fast track, connectivity remains the major concern.

Giving an overview of the sprawling urban areas in different parts of the country at the Economic Times Realty Convention 2010, Kumari Selja, Minister, Housing & Urban Poverty Alleviation said, "Almost all the major towns and cities have expanded along the highways connecting cities in regions for example Delhi-Jaipur , Delhi-Meerut , Mumbai-Ahmedabad , and so many others throughout the country.
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Housing Prices in Delhi-NCR at 2008 High

Housing prices in Delhi, Mumbai at 2008 peak level: JLL

NEW DELHI: Global property consultant Jones Lang LaSalle today cautioned that housing prices in Delhi-NCR and Mumbai have reached the peak level of 2008 and any further rise in the rates will adversely affect the demand.
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Delhi Metro: Dilshan Garden to Mohan Nagar coming

Delhi Metro to be extended till Ghaziabad's Mohan Nagar

2011-05-22 00:00:00

Ghaziabad, May 21 (IANS) The Ghaziabad district administration Saturday accepted the proposal of the Delhi Metro Rail Corporation Service (DMRC) to extend metro rail service from Dilshad Garden to Mohan Nagar here, an official said

The detailed project report (DPR) had already been submitted to the Ghaziabad Development Agency (GDA). Chairing the Ghaziabad infrastructure fund committee meeting where the proposal was accepted, Divisional Commissioner Bhuvnesh Kumar asked four government agencies – the GDA, the Uttar Pradesh State Industrial Development Corporation (UPSIDC), the Ghazaiabad municipal corporation and housing corporation to generate the funds.

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NCR Realty Trend 2010: Property Price Revival

Realty prices back on track in Delhi

India Infoline News Service / 16:59 , Dec 15, 2010

The trends clearly prove that 2010 was a year of revival and the overall sentiment of the sector has improved dramatically since the downturn and property prices are back to the 2007 levels.

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Orbital Trains Route along KMP n EPE being re-worked


The Times of India

17 March 2012

A draft plan has been presented to the NCR Planning Board to handle the increasing volume of traffic in the NCR. A K TIWARY writes

An integrated transport report has been prepared for the NCR Planning Board keeping in mind the increasing volume of traffic in the area.

  The report has laid a road map for bypassing the traffic bottlenecks on the capital's periphery. Its prescription leads to 11 new expressways and two orbital railway corridors connecting major cities around Delhi. The connectivity plan is based on the study commissioned by the NCR planning board two years ago. The plan was approved in a board meeting recently. The board has decided to initiate action for priority implementation of a region-wide rail-based system connecting various metropolitan and regional centres and sub-regional centres.

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Delhi-Meerut High Speed train route approved


Delhi Meerut High Speed Train- Twin Tunnel under Yamuna

रैपिड रेल को पॉवर कमेटी का ग्रीन सिग्नल

By: Inextlive | Publish Date: Fri 03-Jul-2015 07:00:34

– एनसीआर बोर्ड में हुई बैठक मेंआरआटीएस के मसौदे पर लगी मुहर

– दिल्ली में आयोजित बैठक में कमिश्नर ने लिया भाग

MEERUT: दिल्ली- मेरठ चलने वाली आरआरटीएस रैपिड रेल को आरआरटीएस हाई पॉवर कमेटी ने हरी झंडी दिखा दी है।गुरुवार को एनसीआर प्लानिंग बोर्ड में हुई पॉवर कमेटी की बैठक में रैपिडरेल रूट प्लान को रखा गया, जहां कमेटी के सदस्यों ने इसके मसौदे पर अंतिम मुहर लगा दी।

रैपिड रेल को लेकर तेजी

मेरठ को एक घंटे के अंतराल में दिल्ली से जोड़ने वाली हाईस्पीड रैपिड रेल की कवायद जोड़ पकड़ती जा रही है। Read more…

Ghaziabad-Kanpur (NH-91)- Highway widening starts


साठ करोड़ में से मात्र 22 करोड़ का भुगतान


बुलंदशहर। दिल्ली से अलीगढ़ तक एनएच-91 पर सिकंदराबाद, बुलंदशहर और खुर्जा में बनने वाले तीन बाईपास निर्माण के लिए अधिग्रहीत की गई भूमि का मुआवजा वितरण में हो रही देरी से किसान परेशान हैं। मुआवजे के लिए केंद्र से ६० करोड़ रुपये की धनराशि मिल चुकी है, मगर किसानों को अब तक २२ करोड़ रुपये का भुगतान हो पाया है। हाईवे को फोर लेन किए जाने का कार्य भी धीमी गति से चल रहा है।
राष्ट्रीय राजमार्ग मंत्रालय ने गाजियाबाद से सिकंराबाद, बुलंदशहर होते हुए अलीगढ़ जाने वाले फोर लेन के एनएच-९१ पर सिकंदराबाद, खुर्जा और बुलदंशहर में तीन बाईपास का निर्माण किया जाना है। इस कार्य के लिए १७५० करोड़ रुपये की स्वीकृत मिली है। जिले के ४२ गांवों की १९२.५२ हेक्टयेर भूमि जमीन बाईपास निर्माण के लिए अधिग्रहण की गई है। किसानों को इसका १.४८ अरब रुपये मुआवजा बांटा जाना है। केंद्र सरकार ने इसके लिए ६० करोड़ रुपये जारी कर दिए हैं, लेकिन अनदेखी के चलते किसानों को अभी केवल २२ करोड़ रुपये का मुआवजा बांटा गया है। गाजियाबाद से अलीगढ़ तक के मार्गो को जोड़ने के लिए फोन लेन का निर्माण कार्य भी कछुआ गति से चल रहा है। किसान जमीन से बेघर हो चुके हैं, लेकिन उन्हें अभी तक मुआवजे की रकम नहीं मिली है।
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NCR New Project Launch Update

Raheja launches Vedas in Gurgaon

NEW DELHI: Raheja Developers has launched Raheja Vedas in Sector 108, Gurgaon. Situated near the upcoming Dwarka Expressway, the diplomatic enclave Dwarka in Palam Vihar, the project is to come up on the 150 m wide and 18 km long Northern Peripheral Road. Raheja Vedas will offer air-conditioned apartments with modular kitchens. It offers 2,3 and 5 bedroom apartments with sizes ranging from 1,365 sq ft to 2,490 sq ft. Penthouses, which have five bedrooms and a servant quarter, range from 4,022 sq ft to 5,396 sq ft.

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Delhi to Haridwar- now via Saharanpur

In next six months time, travelling to Hardwar and Dehradun could get smoother as new and better alternative via Saharpaur shapes up. UP PWD is  widening the road from Delhi to Barot , a 45 km stretch, to 4 lane from existing 2-lane. When it is complete in six months time, the pressure on current NH-58 (via Meerut) would also be reduced as some traffic would be diverted to Delhi-Barot-Saharanpur state highway.

For complete new, please follow below article


NCR Realty Hot While Mumbai Realty Cools

Difference due to pricing; up by a third in Mumbai since Jan, almost stationary in Delhi.

Sanjay Sanghvi, a real estate consultant in the Dadar area of Central Mumbai, says these days he barely manages to broker two-three apartment deals a month, compared to half-a-dozen almost a year ago.

 "It is difficult now. People are reluctant to buy, as prices have gone up sharply. They will buy only if prices come down," says Sanghvi.

Sanghvi says he is flooded with sales calls from developers — including Indiabulls, Lodha Group and DB Realty — building high rises in Lower Parel-Worli-Parel area of south-central Mumbai. Prices in this erstwhile textile hub range from Rs 22,000 to Rs 35,000 a square feet.

Sanghvi's case is just an instance of dwindling home sales in the country's commercial capital, following steep rises in prices over the last one year. According to realty research company PropEquity, home sales in Mumbai have fallen 35 per cent since the beginning of the year and 45 per cent since June this year



But the scene is quite different in the national capital region, or NCR, which comprises New Delhi and its satellite towns such as Noida, Gurgaon, Ghaziabad and Faridabad. Property sales in these areas have gone up nearly 90 per cent since the beginning of the year.

Price is obviously the main factor. Data show that prices in Mumbai city have risen 28 per cent since the beginning of the year and 13 per cent since June.

"During 2008-09, nobody was buying and prices were at reasonable levels. A lot of pent-up demand came into the market after that. But after so much hectic buying and price rise, sales are bound to take a knock," says Anshul Jain, chief executive of DTZ, an international property consultant.

In most areas of the NCR, however, prices have remained stagnant since the beginning of the year. For instance, in Noida, average property price hovers around Rs 3,341 a sq ft, compared to Rs 3,140 in January, a mere five per cent increase. Prices have gone up by 1.48 per cent in New Delhi since the beginning of the year.


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NCR Orbital Trains along Peripheral Expressway

Govt planning 'orbit railway' around NCR: Hooda

Last Updated: Sunday, April 01, 2012, 21:53

Palwal: Haryana Chief Minister Bhupinder Singh Hooda on Sunday announced that an 'Orbit Railway' that will connect towns falling around three sides of Delhi in the state's NCR region is being planned.

Haryana Metro Rail Corporation has already been constituted for this purpose, he said while addressing a Nav Nirman rally here.

Among other things, he also announced Rs 10 crore for the development of Palwal villages and Rs 5 crore for Palwal town.

A sum of Rs 822.43 crore has been provided for Palwal district, under which work on various projects like a Mini Secretariat, a 100 bed hospital and a judicial complex is in progress, he said.

On the demand of a university, Hooda said that sanction had been given for opening a private university in the district.

A new college building at Hodal, a modern sports stadium and Kisan Seva Sadan will be built in Palwal, he said, adding that Palwal Municipal Council's limit will be extended to cover colonies falling on the outskirts of the town.

He also asked the Deputy Commissioner of Palwal to prepare BPL Cards for all deserving families.

On farmers, Hooda said that those who pay borrowed amounts on time were being provided loans at 4 per cent interest rate.



Orbital trains to make NCR more accessible

Darpan Singh, Hindustan Times
Noida, November 20, 2010

After Metro and the proposed high-speed trains, gear up for Orbital trains. Serving commuters in an orbit, these trains will provide greater connectivity between Delhi and NCR areas.

Linking Metro with soon-to-be-operational high-speed trains, this facility will also cut down on travel time.

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Fast Trains to NCR Towns under RRTS





NCR-RRTS and Orbital rail Network Map





Two new corridors to link Delhi with Haryana, U.P.

Staff Reporter

Two new corridors have been identified for expansion of the Regional Rapid Transit System (RRTS) that will link the national Capital with Haryana and Uttar Pradesh. Following a meeting of the representatives of Delhi, Haryana and Uttar Pradesh with Union Urban Development Minister Kamal Nath on Thursday, it was announced that the RRTS will be expanded to the Delhi-Bahadurgarh-Rohtak-Hissar corridor and the Delhi-Shahadra-Baraut corridor.

Announcing this, Mr. Nath said these corridors will be taken up on priority basis and feasibility studies will be conducted soon. The feasibility report on the Delhi-Alwar, Delhi-Panipat and Delhi-Meerut corridors has already been completed and work on the detailed project reports will begin soon, the Minister said.

These three corridors of phase-I will cost approximately Rs.72,000 crore and all the States concerned have agreed to pull out all stops for RRTS construction, he said. A representative from Uttar Pradesh said the Government is committed to have a RRTS in place and will not let monetary considerations come in the way of development.

“The Uttar Pradesh Chief Minister is clear that the State will do whatever is needed to create new economic opportunities. We will ensure the feasibility of the Delhi-Bahadurgarh-Baraut corridor is carried out fast. The Government will not allow money to hinder the economic development. We need to weed out corruption and instead spend money on public works,” Abhishek Misra, Minister of State for Protocol, UP, said.

The RRTS is an ambitious project that aims to create counter-magnet areas around the National Capital that will decongest the city and allow people to commute between NCR easily.

“The RRTS will allow people to commute to Delhi for work, while living elsewhere. The projects are being fast tracked,” said an official of the Urban Development Ministry.

Thursday’s announcement that all the stakeholders have agreed to raise funds and work on priority have also laid to rest the speculation that the RRTS will have difficulty taking off, on account of no consensus on land acquirement and fund-raising among the three States of Delhi, Haryana and Uttar Pradesh. There have been concerns that the States may not be able to raise the money required to fund the massive project.

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