Showing posts with label delhi/NCR. Show all posts
Showing posts with label delhi/NCR. Show all posts

Monday, 13 May 2013

Property Records: Now digitally yours!



Digitization has taken place everywhere around us. Municipal Corporations in Delhi are all set to provide the property records online. This will not only help to maintain the data, but also preserve the data for years.
Very soon you will have access to your property records including the layout plans at just a click of mouse.  It has become really tough to maintain the older records as over the years their state has become worse.


According to the civic body officials property records of the civic bodies were kept manually and the move which was making it difficult to preserve such records.

“Some of the old ones have started deteriorating. To preserve these years-old records, this move has been initiated,” a South corporation official said.

The digitization of the records will make it much easier for the owners to get the information regarding their property and will not have to visit the corporation office every now and then. All the information about the property would be available online at the ease of just a click. All you would have to do is sit at your home and relax.

Not just the property owners but various government agencies and organizations that need information regarding any property from the civic agencies would also be able to access data online.

“The new digitized plans will also have necessary data regarding a particular plot, nearby plots, all their layout plans along with details of the particular colony and the area,” the official said. This is a real good step marking a bright future in the Realty sector.

Thursday, 28 March 2013

Bhiwadi: The Upcoming Real Estate Hub


Bhiwadi is the Industrial Hub that lies in Rajasthan. Bhiwadi lies 70 km from Delhi and comes under Delhi-NCR region.  This town in North is already a developed Industrial sector, with around 2,700 big, medium and small scale industries.  The industries that are functional in Bhiwadi are furnace, steel, electronics, engineering, printing, textiles, pharmaceuticals cables, rolling mills, food processing, herbal care units, etc. This growth in the industrial area is driving the growth in the residential sector too.

At present, Bhiwadi is at the peak of development. The town offers all urban facilities and offers modern lifestyle. Bhiwadi is becoming a favorite Real Estate spot among the developers and investors. There are various reasons behind the development of Real Estate in Bhiwadi; some of them have been discussed below:

1.Industrial Hub: Bhiwadi being home to almost 2700 industries is the Industrial Hub of North India. This has directly affected the demand of the Residential projects in this area. The people working in Bhiwadi find it better to settle here only rather than commuting daily to the work. This has also brought a growth in the lifestyle and standard of living.

2.Connectivity: Bhiwadi lies on National Highway 8, makes this town easy to approach.  Bhiwadi is close to Manesar and just 70 kms from Delhi and around 50 kms from Gurgaon.

3.Affordability: Bhiwadi forms the best area to invest in. Comparing it from the other NCR cities, Bhiwadi is the best place to invest in. The prices of the residential projects in Bhiwadi are well in reach of the middle class.

4.The future is here: Talking about the future, there are many other industries as well which are planning to come up with their corporate offices and factories in Bhiwadi.  Not just this but many well known builders are also planning their projects in Bhiwadi. In coming few years, Bhiwadi will surely see some of the best developments and highest growth.

In comparison to other NCR cities, for the middle class families Bhiwadi is an apt choice to invest in Real Estate. Lack of water supply is the major issue in the NCR cities, while Bhiwadi is far away from this problem. The locational advantage of Bhiwadi is attracting not only residents, developers and investors but also the Industrialists from nearby states like Punjab, Rajasthan and Haryana.

Bhiwadi provides the best of amenities like ample of water supply, better sewage system, well-built roads and great infrastructure, schools, medical facilities and great connectivity within the city as well as with the cities around.

Bhiwadi will see highest Real Estate growth in few years to come. Terra Group, Avalon, Krish Group, Omaxe, Nimai Developers, Kajaria Group and Piyush Group are some of the builders developing the Residential projects which will include townships, apartments and more in Bhiwadi.

To summarize, Bhiwadi forms the best investment option at present. Bhiwadi offers great housing projects with best of facilities and infrastructure at a very affordable price.

For Property in Bhiwadi:- http://projectinbhiwadi.in

-Saumya Chaturvedi

Thursday, 7 March 2013

Scope of Property Investment in Noida


NOIDA is an abbreviation of New Okhla Industrial Development Authority and comes under Uttar Pradesh Government and lies in the Gautama Buddha District. The city was formed in 1976 and has seen steady development since then. NOIDA comes under Delhi-NCR circle.

NOIDA by far is the cleanest city among Delhi –NCR cities and scores 17th position in the country. NOIDA is the home to many IT/ITeS outsourcing and off-shoring companies, major residential projects and an established commercial hub as well.

The proximity of NOIDA to The Capital City – Delhi through well constructed roads, bridges, flyovers and most importantly Delhi Metro is the reason of establishments of companies like Global Logic, EXL, Birlasoft, Impetus, ST Microelectronics, Mtron PTI, Fiserv, Adobe Systems, TCS, CSC, HCL, ATC Labs and more.

The Industrial, Commercial and Institutional Growth together are the reasons behind the growth in Real Estate Industry. The growth of NOIDA has affected the adjoining areas as well and this being the reason behind the development of NOIDA Extension, Greater NOIDA, NOIDA-Greater NOIDA Expressway and Yamuna Expressway.

NOIDA has three main Expressways:

  • DND Flyway: It connects NOIDA and Delhi, runs across the river Yamuna, and receives heavy    patronage from office-goers in the city.
  • Noida-Greater Noida Expressway: Six-Lane expressway connects Noida to Greater Noida and further extends to meet Yamuna Expressway.
  • Yamuna Expressway: It connects Noida to Agra via Mathura. The area adjacent to the NGN Expressway has seen heavy residential development in recent years.

Some of the well renowned builders that are coming up with their projects in NOIDA are listed below:
  • Sunworld Group
  • Logix Group
  • Jaypee
  • Shubhkamna Advert
  • Eldeco
  • Omaxe and many more

NOIDA has seen the maximum growth as compared to other NCR cities and still has scope for more! 

Saturday, 2 March 2013

LAL DORA: Need, Complexity and Benefits


The term Lal Dora was coined in the year 1908. In olden days, a Red thread was tied by the land revenue department around the extended part of the village defining the area for habitation or non-agricultural activities. This practise of distinguishing the agricultural and non-agricultural area using a Red thread was termed as Lal Dora.


Even though the practise vanished long back, the term exists. Lal dora today consists of all those areas that were absorbed in it while the Capital was expanding its boundaries. These areas include Munirka, Khirki, Hauz Khas, Sant Nagar, Chawala, Mahipalpur, Mehrauli, Dhansa, Najafgarh etc.

The capital has been a favorite spot to settle and invest in by the people from all round the country. According to the Census 2001 around 2.59 lakhs people migrate to Delhi each year. When Capital started to expand its boundaries, there were places which started to transform into the prime locations of the city. But, development of these places within the capital was not planned as a result a haphazard development started taking place around the city. This happened because Lal Dora was exempted from the by-laws and other rules of building, making people extend their lands the way it pleased them. The research shows that by the year 2021 around 230 lakh would be the population of Delhi. Such a large increase in population also increases the demand of housing land, resources and facilities. This is what made DDA to approve Lal Dora extension after 23 long years.

According to the experts middle-income group would rule the population of the Capital, requiring good number of affordable housing options. Lal Dora in such a situation is a boon to the people. While, the prices of property is shooting up in Delhi, we have Lal Dora land area options which due to lack of hard rules, laws and regulations provide cheaper and good living options that too in the Capital city-Delhi. People can either invest or build their own homes on the small land holdings. Great connectivity, low prices and all the necessary amenities is what DDA current amendment will help these areas to achieve.

Talking about the complexity, over population, unemployment and cheap rentals are the driving forces behind the rampant illegal construction in Lal Dora areas. Development of slums is another major issues being faced by these areas.

With all the pros and cons of Lal Dora areas, we can just hope that DDA's policies bring some significant change in the current scenario as Lal Dora areas with all the benefits can prove to be a big reason behind Delhi's development and growth.

Property in Gurgaon