Archive for April, 2011

Where to buy Real Estate? Query Corner

Where to buy real estate?

Published on Fri, Apr 29, 2011 at 13:00 |  Source : Moneycontrol.com

Updated at Fri, Apr 29, 2011 at 22:47  

With prices and interest rates always on a high, real estate has been a hot topic since over a year now. However, when necessity dawns and buying is inevitable, the next big question that lingers on your mind is "Where should I buy?" Moneycontrol.com offers you experts' advice on this and many other queries.

Below is a verbatim transcript of Knight Frank India's national director of residential agency Anand Narayanan's exclusive interaction with moneycontrol.com users.

Q: Hi, I want to buy a plot on Gurgaon Dwarka Expressway at Rs 40000 per yard. What do you think would be the return after five years?

Read more…

Property on 12% Assured Rentals- Know your risks

The Risk of Assured Rentals

Sanjeev Menon

Obtaining loans for their commercial and residential projects has never been an easy task for smaller developers. And now, as a fallout of the ‘bribes-for-loans’ scam and the subsequent tightening of lending norms for financial institutions, these players could find it increasingly difficult to finance their plans. Developers are also of the opinion that getting a lender to finance a project in an upcoming destination, such as Manesar or Dharuhera around NCR, becomes a difficult affair compared with loans for projects in Gurgaon or Noida. With the supply of money thinning, developers have adopted a new strategy to increase their liquidity position.

Read more…

Delhi to have POD taxi

Transporting Delhi To Future- News on Monorail & Pod Taxi

Site surveys for pod cars to begin in June

Posted: Mon May 16 2011, 01:00 hrs New Delhi:

Surveys and detailed traffic studies are set to begin at five locations in Delhi to decide on sites for implementing pod cars as a para-transit mode of travel.

Feasibility studies will be conducted at Dwarka, ITPO, Karol Bagh, East Delhi and North Campus, following which one or two areas will be selected for the pilot project.

The Delhi government asked the Delhi Integrated Multi-modal Transit System (DIMTS), an autonomous government-funded body created for transport planning and solutions, to work on a detailed project report to assess the demand and feasibility of pod cars at the locations in the last week of April. The DIMTS has to complete the studies in six months and suggest locations for implementation.

Read more…

Greater Noida Phase-2- Looking Promising

Delhi loses out to Gurgaon, Noida

Delhi loses out to Gurgaon, Noida
Hindustan Times
New Delhi, April 06, 2011

For aspiring migrants, it’s no longer ‘Dilli Chalo’. Driven by a booming services business, Gurgaon and Noida have emerged as the new centres of attraction. According to Census 2011, Delhi’s four satellite towns — Gurgaon, Noida, Ghaziabad and Faridabad — registered rapid population increases duri
ng the last decade even as the Capital’s population growth rate nearly halved from the previous decade.
Although Gurgaon and Noida lead the pack, Faridabad and Ghaziabad, too, continue to draw migrants in large numbers. What’s more, experts say this shows Delhi is following the trends visible in other large metros around the world.
Read more…