I Shield
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Pre Launch
Complete due diligence of Property Title
Complete due diligence of License/ CLU approvals
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Post Launch
Monthly information about the progress of project specifically about client property status
Monthly update on real estate market
Expert advisory on home loan and taxation
3 escort during site visit
Complete quality check on construction by engineers.
Complete quality check on finishes
Legal assistance during registration of property
Legal assistance while signing agreement with developer.
Assist in Resale and let out services
Compliance and quality check before handover of keys of the property
Property Management post handover at reasonable cost
Free assistance by architect on color scheme of house
House interior tips by Interior designer
Invest Business
Where to invest
Property Investments in India have normally been a gold mine for most investors. The growth and
development of cities across the country have added fuel to the rise in prices across the country.
According to a survey 65% of working individuals prefer real estate as a mode of long term
investment.
Property prices in India have increased by 16.5% in the last year according to a study by
Makaan.com. The question now for investors is how best to benefit from investments in realty;
whether to look at investments directly in property or route the investments to real estate
companies that are listed on the stock markets.
Maximize returns
Real Estate investment in India, we find that the land value has appreciated nearly 7 to 8 times since
the beginning of the new millennium. Which is 5 times higher appreciation than the gold prices
appreciation in the corresponding period, and hence, clearly makes Real Estate Investments as the
most lucrative investment option in the Indian market scenario today.
People, who are looking forward to put their money in Real Estate investment in India, and those
who are holding properties in the hope of getting bigger appreciations, must not panic and look out
for some key factors before deciding upon their next course of action. Here is a checklist that people
must not forget.
We will be able to help you for the following:
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Choose a Real Estate Consultant who is well aware of the areas topography.
Opt for only those Real estate Investments that are free from any legal disputes.
Check the past record of consultant before hiring one for your Real Estate Services.
Avoid deals that sound too hard to believe! Lesser profit is still better than all lost.
The areas to target would be satellite towns located across the metro towns of India, and
upcoming mini-metros, which are fast becoming the hub of IT and related industries.
Just keep an eye on the above-mentioned factors that we have mentioned in the checklist,
and we are sure you will have plenty of reasons to smile with your investments in the Indian
Real Estate Sector.
Risk free
Buying property? Beware of speculative markets
In a speculative market, the end-user interest is low, resulting in apartments lying vacant or yielding
low rental income. Investing in areas where buyers are searching for homes rather than investment
avenues can insulate you from any sharp price fall
Buying a property is tough. As if saving money for the goal isn't arduous enough, you have to rack
your brain to decide what to buy - an apartment or a built-up house or a plot. Besides lifestyle
preferences, one has to look at aspects such as taxation and bank loans as well.
While buying an apartment, one does not have to worry about hiring an architect, seeking approvals
from local bodies and dealing with contractors. The developer takes care of these things and hands
you the house where you can start living immediately.
We at Informage Realtek would be happy to help you for all this.
HNI Investment
High net worth individuals
High-net-worth individuals represent the smallest but fastest growing client type. Individual wealth
creation and financial sophistication over the past decade has driven asset managers to focus heavily
in this area. Despite the success of many large asset management firms in the area, the firms that
specialize in high net worth clients, remain the leaders in this business.
Informage Realtek is focused on Real Estate sector and understands and Real Estate and
Infrastructure are basic building blocks for any business.
Informage Realtek offers :
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Real Estate Investment Consulting to High Net worth Individuals (HNI)
Real Estate Development
Quality and Affordable Housing Development
Project Financing
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Private Equity
Investors
Informage Realtek always has good investment and project buyout deals in Real Estate Investing and
Development. Investors looking to team up with us can write to us on the following email:
informagerealtek@gmail.com
An investment management firm's relationship management sales force typically sells high-networth services in one of two ways: either directly to wealthy individuals, or to third parties called
investment consultants who work for wealthy individuals. The first method is fairly straightforward.
An investment manager's sales force, the PCS unit, pitches services directly to the individuals with
the money. In the second method, a firm's internal sales force does not directly pitch those with the
money, but rather pitches representatives, often called investment consultants, of high-net-worth
clients. In general, investment consultants play a much smaller role in the high-net-worth area than
the institutional side; only extremely wealthy individuals will enlist investment consultant firms to
help them decide which investment manager to go with.
Project Status
1. 3c Greenopolis Sector 89 Gurgaon (RESIDENTIAL)
3C Greenopolis is fresh and upcoming residential project launch by 3c company & it's located at
sector 89 Gurgaon. 3C Greenopolis Gurgaon project is spread over a huge space in order to provide
you the sufficient open space for fresh air and sunlight in each part of the apartments and at the
same time these apartments are situated in very convenient place from where you can get close
proximity to the major part of the city.
To facilitate your connectivity to different parts of the city the project has been allocated a location
such that it lies close to metro station and ISBT is also near to the project. Not only this, the air port
lies at a drive away distance of just 25 mins. Dwarka Expressway enjoys easy accessibility to this
project. The location, being one of the hot places of the town features everything that one needs for
happy and relaxing lifestyle.
Not only the place, but the services, the environment and the atmosphere, all take you to the new
level of residing, making sure that you live a enjoyable lifestyle. 3c company marks a large green area
in it's design of the project which makes the living a really refreshing experience. The 3C company
has been performing really well in Noida where it's projects like 3C Zing and Lotus Panach etc have
attracted several buyers and investors.
ABOUT DEVELOPER
The 3C Company is an unsurpassed or supreme company in executing and conceiving vegetated
Developments in Delhi and NCR. by way of the first focus on delivering up to date energy wellorganized constructions the group has previously carried over 12 Million Sq. Ft. of real estate
developments and is at present working on projects worth over Rs. 15000/- Crores. The 3C Company
is the single or unmatched team in Asia which has its own credit. Three Platinum Rated & Two Gold
rated Leed Cirtified Green Buildingd by USGBC (United States Green Building Council).
The 3C Company fetches together the incomparable occurrence of three countrywide much-admired
professionals from the meadows of Construction - Mr. Surpreet Suri, Architecture - Mr. Vidur
Bharadwaj and Development - Mr. Nirmal Singh. It was their intuitiveness that has led them to be
leads the way of environment welcoming creations. Led by these three decidedly experienced and
qualified specialists is a team of 400 professionals operating towards the motive of reducing the
carbon footprint on the earth.
Type
BHK
Size (sq. ft.)
Price (Rs.)
Residential Apartments
2BR-2T-1Study
1297 sq ft
68,09,250
(5250/sq ft)
Residential Apartments
2BR-2T-1Study-1SR
1642 sq ft
86,20,500
(5250/sq ft)
Residential Apartments
2BR-2T-1Study-1SR
1660 sq ft
87,15,000
(5250/sq ft)
Residential Apartments
3BR-3T-1SR
1910 sq ft
1,00,27,500
(5250/sq ft)
Residential Apartments
3BR-3T-1SR
1957 sq ft
1,02,74,250
(5250/sq ft)
Residential Apartments
3BR-3T-1SR
2036 sq ft
1,06,89,000
(5250/sq ft)
2. The Metis Golf Course Extn. Road, Gurgaon (COMMERCIAL)
Type : Commercial, Assured Return : 12%
Location : Golf Course Extn. Road, Sector 67, Gurgaon, Haryana
Sizes : 1000 Sq. Ft.
INR : 52.5 Lacs
Gold Standard IT Business Park with Lifestyle Amenities
The project is designed to cater specifically to the demanding needs of multinational corporations
positioned in India. The project is located in one of the fastest growing real estate corridors of India,
Golf Course Extension Road, Gurgaon. The area is likely to witness a sea change in the way people
will live and work in the future.
One of its kind integrated “Green Development” which is truly sustainable in form, function and use.
The Metis is a “Gold Standard Green Building" which is environment friendly and aimed at achieving
high performance in key areas of human and environmental health. The project is a sustainable site
development with major emphasis on water saving, energy efficiency, material selection and
superior indoor environmental quality.
Conceived as an integrated IT campus, which will address the unique work and lifestyle requirement
of software professionals, corporate executives and the next generation technology entrepreneurs.
Based on LEED rating system, The Metis is a blend of nature with fascinating landscape and water
bodies.
The modern architecture offers an exclusive international appeal with variety of lifestyle
amenities:
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End-to-End solution with fully integrated Wi-Fi campus
Health & fitness center, gymnasium with swimming pool
Cigar lounge, restro-bar, outdoor café and sun deck
Business center with concierge services
Multi-level parking facility
More importantly the project enjoys a great locational advantage, the catchment area encapsulates
premium and ultra luxurious group housing projects.
The following features make The Metis a very attractive destination both for Investment as well as
end usage:
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Project mix offers retail, restaurant, office & service apartments
Location benefit with premium and ultra luxurious group housing developments in the
vicinity
Designed to make healthy work environment and superior shopping experience
Superior connectivity with Metro and proposed road to South Delhi
Type of Property
Area
(Sq. Ft.)
Price Per Unit
Business Center
1000
INR 52.5 Lacs
(INR 5250/Sq. Ft.)
Availability
3. Heritage Max, Dwarka Expressway, Gurgaon (RESIDENTIAL)
Type : Residential
Location : Sector 102, Gurgaon, Haryana
Sizes : 1870 - 2475 Sq. Ft.
INR : 1.13 Cr - 1.5 Cr
Project Overview
Conscient Sector 102, Gurgaon After the Complete Success of Heritage One Conscient is Bringing Yet
Another Residential Offering to Gurgaon. this Strategically Built Luxurious Residential Project Will
Offer Eco-friendly Homes Enveloped in Lush Green Environs. with all the Contemporary Facilities and
Amenities, the Homes Will Certainly Be Owners Pride.
There are 3 and 4 Bedroom Apartments with Same Amenities like Heritage One. the Project is
Spread On 11 Acres with Only Having Six Towers.
Highlights Air-conditioning in all Apartments 11 Acres with Only Six Towers Fitted Modular Kitchens
Imported Marble Flooring 5 Minutes of Range from the (IGI) Airport and in Close Proximity to the
Proposed Diplomatic Enclave in Dwarka. Strategically Located On 150m Proposed Northern
Periphery Road On Proposed Metro Connectivity. 10 Min from Airport. Close to Kmp. Adjacent to
Lush Green Part of Sector 102.
Type of Property
Beds
Bath
Area (Sq. Ft.)
Price Per Unit
Availability
Apartment
T-E
4
4
2475
INR 1.5 Cr
(INR 6049/Sq. Ft.)
Apartment
T-A,B,C,D
3
3
2075
INR 1.26 Cr
(INR 6049/Sq. Ft.)
Apartment
T-A,B,C,D
3
3
1880
INR 1.14 Cr
(INR 6049/Sq. Ft.)
Apartment
T-A,B,C,D
3
3
1870
INR 1.13 Cr
(INR 6049/Sq. Ft.)
Gurgaon Project Status
Sec 78
1. Project : Raheja Revanta
Builder : Raheja Developers
Location : Sector-78 Gurgaon
(Residential)
Raheja Revanta - Highlights:
Raheja Revanta is the one of the benchmark luxury projects being launched by Raheja Developers
Ltd.Located at Sector 78, this trendsetting property in Gurgaon is offering its two elite class
segments named Surya Towers and The Tapas Town Houses. Surya Towers at Revanta offers the
choice of 2/3/4/5/6 BHK independent floor. The Tapas Town Houses offer penthouses and mumty
floors. Raheja Revanta is a landmark in Gurgaon's real estate market, with the finest work of world
class engineers and architects. A splendid property for sale in Gurgaon, Raheja Revanta can be
considered as a dream project for the elite class.
Raheja Revanta - Overview
Brief
Spread over 18.39 acres in the heart of Gurgaon at Sector 78
Typology
Revanta comes to you with options of High-Rise Surya Tower or Low-Rise Tapas Townhouses in sizes
of 1, 2, 3, 4, 5, 6 BHK condominiums and pent houses.
Units Detail
TYPE
AREA
PRICE
1 BHK
1197.8 Sq ft
8115000
2 BHK Type-1
1621.3 Sq ft
10980000
2 BHK Type-2
1714.6 Sq ft
11616415
2 BHK Type-3
1854 Sq ft
12560850
3 BHK Type 1
2165.8 Sq ft
14673295
2. Project : Monsoon Breeze
Builder : Umang Realtech
Location : Sector-78 Gurgaon
(Residential)
Monsoon Breeze - Highlights:
Nestled in the lap of nature, the Monsoon Breeze, Sector-78, Phase-I, Gurgaon is surrounded by
acres of serene and majestic spaces spread across 12.514 acres of total land area in Gurgaon. This is
a premium property targeted at the young and promising professionals working in the IT companies,
MNC firms, ad and communication agencies, retail industry, hospitality, health and many more in
the adjoining areas.
Rs. 54.05 Lac(s), Residential Apartment in Sector-78 Gurgaon, Gurgaon
Price: Per Sq. Ft: Rs. 4300
Built-up Area: 1257.00Sqft.
Bedrooms: 2
Bathrooms: 2
Balconies: 2
Facing: North-East
3. Project : Spaze Arrow
Builder : Spaze Builder
Location : Sector- 78, Gurgaon
(Commercial)
Spaze Arrow - Highlights:
Presenting to you a truly state - of - the- art business environment with the best of facilities,
beautifully landscaped and location advantages, a place where you can transform your dreams into
realty. Offering a prestigious, safe and secure environment, we bring to you a complex that is
conductive to the growth and development of your establishment.
Spaze Arrow: the new icon of the business world - an integrated business hub taking the concept of
a corporate office beyond four walls. Comprising of two independent towers, wherein the 2nd Floor
to the top floors are meant for the offices and High Street is designed on the Ground Floor and First
Floor to cater all modern retail activities such as : Eating Joints, Health Club, Banks, ATMs, and all
kind of daily needs outlets
Spaze Arrow Layout Plans
Type
Area(Sq.Ft.)
Property
Shops/Showrooms
500
Commercial shop
Shops/Showrooms
1000
Commercial shop
Sec 76
1. Project : Corona Gracieux
Builder : Corona Group
Location : Sector-76 Gurgaon
(Residential)
Corona Gracieux - Highlights:
Located near Haldiram 20 minutes drive to IGI Airport New Delhi 0 Km From the Nearest Metro
Station (Proposed Metro Route Connected to South Delhi and Central Delhi) lieputed school,
shopping malls & major hospital in close vicinity.
Corona Gracieux Layout Plans
Type
Area(Sq.Ft.)
Property
2 BHK
1325
Apartment
2 BHK + Study
1550
Apartment
3 BHK
1765
Apartment
3 BHK + Servant
1960
Apartment
4 BHK + Servant
2650
Apartment
2. Project Name : Ninex City
Project Type : Residential
Location : Sec-76, Gurgaon
(Residential)
'Ninex City' is brought to you by Ninex Developers Ltd which is the flagship company of the Ninex
group. The group is engaged in providing complete solutions in real estate, hospitality,
manufacturing and education sectors. Led by visionary promoter Shri. R. M. Garg, the group has
today grown into a well-respected business house having diversified interests.
The group has already successfully executed and commissioned a number of real estate projects.
The group believes integrating state of the art technology with an innovative approach in providing
real estate solutions. Needless to say, focus on details, stringent adherence to building norms and
quality standards are sine qua non for implementing the projects. Fueled by the vision to be an
admired provider of real estate solutions, the group believes in providing complete customer
satisfaction and delight. Our projects stand testimony to these beliefs and values.
The group looks forward to future with excitement, and is all geared to bring up more landmark
projects in the arenas of Group Housing, Malls, Technology Parks, Hotels etc.
ATTRACTIONS
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Structure designed for highest seismic considerations of Zone V.
1 00% vastu compliant apartments.
Four-side open -well ventilated apartments.
75% green and landscaped area with manicured lawns.
School/convenience shopping within the complex.
Contemporary designs with flexible spaces-fitted with high quality fittings.
1 00% power back up.
Round the clock water availability.
Eco friendly environment with rain water harvesting system.
Provision for piped domestic gas supply.
Automatic glass lifts/service lifts.
3 tier security system.
Fire Fighting System as per National Building Code.
State of the art club having spa, gymnasium, TT etc. Also, covered badminton hall and allseason covered swimming pool in the basement, accessible directly from each block through
basement itself.
Sec 77
1. Project : Winter Hills 77
Builder : Umang Realtech
Location : Sector-77 Gurgaon
(Residential)
Winter Hills 77 - Highlights:
A choice of 2 BHK, 3 BHK + 2 T, 3 BHK + 3 T + Servant & 4 BHK + 4 T Elite Condominiums near the upcoming 5 Star Deluxe JW Marriot in Sector-77, Gurgaon. The site is 0 km from NH-8 & is surrounded
by the acres of open greens and has a majestic view of the Aravallis in the backdrop.
Winter Hills 77 Layout Plans
Type
Area(Sq.Ft.)
Property
2BHK + 2T
1250
Apartment
3BHK + 2T
1500
Apartment
3BHK + 3T
1700
Apartment
3BHK + SQ
1900
Apartment
4BHK + SQ
2450
Apartment
2. Project : EMAAR MGF Palm Hills
Builder : EMAAR
Location : Sector-77, N.H-8, Gurgaon
(Residential)
About Project - Emaar MGF Palm Hills
Presenting a refreshing new look at modern living. Palm Hills, Gurgaon, with welcoming green
spaces, invigorating fresh air and sunlight, and modern design concepts that complement your
sensibilities. Palm Hills. Quite simply, one of the best decisions you will ever take.
Walk in, and be impressed by the sense of space and the attention to detail and workmanship.
Appreciate the uncompromising quality all around and the various amenities that befit modern
residences.
Project Overview - Emaar MGF Palm Hills
Type
Bedroom
Area
Price
Apartments / Flats
3 BHK
1450 Sq ft
Contact for price
Apartments / Flats
3 BHK
1575 Sq ft
Contact for price
Apartments / Flats
3 BHK
1575 Sq ft
Contact for price
Apartments / Flats
4 BHK
1950 Sq ft
Contact for price
3. Project : EMAAR MGF Palm Springs
Builder : EMAAR
Location : Sector-77, N.H-8, Gurgaon
(Residential)
About Project - Emaar MGF The Palm Springs
The Palm Springs is designed to provide luxury integrated community living, set in dramatic
and spectacular surroundings. The Palm Springs is wholly self-contained and amenity rich. A
harmonious blend of lifestyle options; from low rise luxury villas to spacious apartment towers
situated in acres of elegantly landscaped garden and parks.
The Palm Springs provides residents with the perfect setting for an extensive array of
recreational and leisure pursuits. Boasting a wide choice of amenities you can socialise or
simply relax in peace, the community has the ideal spot for everyone.
Project Overview - Emaar MGF The Palm Springs
Type
Bedroom
Area
Price
Apartments / Flats
3 BHK
2800 Sq ft
Contact for price
Apartments / Flats
4 BHK
3600 Sq ft
Contact for price
Apartments / Flats
4 BHK
4300 Sq ft
Contact for price
Sec 80
1. Project : Akme Raaga
Builder : AKME Projects Ltd
Location : Sector-80 Gurgaon
(Residential)
Akme Raaga - Highlights:
AKME Projects Limited is the flagship company of THE ANIL NANDA GROUP. With impeccable lineage
Mr. Anil Nanda is the Son of Mr. HP Nanda, the founder of the Escorts group and a very well
respected industrialist.
Akme is a well established developer and has already delivered 3 projects in Bangalore which are
already occupied. Akme has 2 more projects in Bangalore underway & an integrated township in
Ludhiana. It has in all already delivered 2.6 Mn Sq. Feet of built up space and has over 12 Mn Sq.
Feet under development. Akme now arrives in Gurgaon with its flagship project "AKME RAAGA".
Located on the Gurgaon Expressway (NH8) and nestled in a Serene green environment overlooking
the Golf Greens, it is the perfect location for your residence.
Akme Raaga Layout Plans
Type
Area(Sq.Ft.)
Property
2BHK + Study
1412
Apartment
3BHK
1667
Apartment
3 BHK + Study
1852
Apartment
3 BHK + Study
2226
Apartment
4 BHK + Study
2401
Apartment
2. Project : Legend Heights
Location : Sector-80 Gurgaon
(Commercial)
Legend Heights - Overview
“INNOVATIVE Legend Heights” an office cum shopping complex is part of a unique mixed use land
development. It will have 140 keys International chain of HYATT group of hotels, Grade A office
space for MNCs, Indian corporate, retail chains, consultants, service providers, banks, financial
institutions, insurance / travel companies, entrepreneur’s corporate retail, hyper markets and much
more.
Units Detail & Floor Plan
Floors
Type
Price (Per Sq. Ft.) (Rs)
Ground Floor (BSP)
Retail Space
12,500 - 14,500
1st Floor (BSP)
Retail Space
9,500 - 11,500
3rd - 6th Floor (BSP)
Office Space
7,250
7th - 10th Floor (BSP)
Office Space
7,650
Sec 79
1. Project : Supertech Araville
Builder : Supertech
Location : Sector-79 Gurgaon
(Residential)
Supertech Araville - Highlights:
Supertech Group launching new residential project at Sector 79 Supertech Araville, a premium
residential project in the lap of the Aravallis. Supertech Araville offers 2/3 /4 BHK residential
apartments facing a dedicated 10 Acers of lush green area, this project is an unmatched mix of
amenities, conveniences and a strategic location. This prestigious project is all set of redefine your
lifestyle in times to come.
Supertech Araville Layout Plans
Type
Area(Sq.Ft.)
Property
2 BHK
1295
Apartment
2 BHK + Study Room
1530
Apartment
3 BHK
1945
Apartment
3 BHK + Servant Room
2215
Apartment
4 BHK + Servant Room
3620
Apartment
2. Project : Mapsko Mountville
Builder : Mapsko
Location : Sector-79 Gurgaon
(Residential)
Mapsko Mountville - Highlights:
Mapsko group is launching a new residential project Mapsko MountVille on 84mtr. Wide road with
6acre front in Sector- 79 at Gurgaon. Its spread 16.5 acres apart of 70acres and offers 3 Bedroom, 3Bedroom-cum-SQ and 4Bedroom Apartments. Over 1000 families will live here surrounded by
everything they could possibly want walking and jogging tracks across vast landscaped lawns;
swimming pool; a clubhouse for social gatherings; tennis, basketball and volleyball courts a walk
away; shopping centers; security; uninterrupted power back up and 20 minute drive from Delhi
Airport. Life is worth every view at Mapsko Mount Ville Luxury apartment.
Mapsko Mountville Layout Plans
Type
Area(Sq.Ft.)
Property
3 BHK
1500
Apartment
3 BHK
1815
Apartment
4 BHK
2650
Apartment
3. Project : Supertech New Project
Builder : Supertech
Location : Sector-79 Gurgaon
(Residential)
Supertech New Project - Highlights:
Presenting a new residential property Supertech New Project launch by Supertech Builder located at
Sec 79, in Gurgaon. Near NH8 the Intersection of Northern Surrounded by a host of planned 5 star
Hotels, Golf Courses. Supertech New Project offers 2/3/4 BHK apartments starting sizes are varying
from 1295 to 3600 sq. ft.
Supertech New Project Layout Plans
Type
2BHK+2T
Area(Sq.Ft.)
1295
Property
Apartment
2BHK+2T
1530
Apartment
3BHK+3T
1945
Apartment
4BHK+4T+Study Room
3620
Apartment
I NEWS
Today’s News
1. NDMC property tax rebate till March 31
6 Feb, 2013
Delhi/NCR
To encourage property owners to shift to Unit Area Method of tax assessment, New Delhi Municipal
Council has decided to extend the rebate on property tax for owners who are yet to pay till March
31, 2013. Officials say that close to 30% property owners pay tax as per the Rateable Value Method
which was discontinued in April 2009.
“We want all the properties under NDMC to pay property tax as per UAM. The decision to extend
the rebate scheme till March 2013 was taken to encourage people to clear their dues. The rebate
will be given on the total outstanding amount,” said an NDMC official.
2. Haryana govt plans real estate regulatory authority
6 Feb, 2013
Delhi/NCR
The Haryana government is working towards setting up a Real Estate Regulatory Authority to
regulate the booming real estate sector and prevent unscrupulous realtors from targeting property
buyers. The state government is planning to bring a bill to set up the authority in the coming budget
session scheduled to commence on February 22, said Rao Dan Singh, chief parliamentary secretary
(town and country planning), Haryana, on 5th February.
“As yet, the property buyers, in case of any dispute with the builders, have to approach the civil
courts. After constitution of the proposed authority, they would be able to complain against the
builders with the new forum. Apart from giving early relief to them, the authority would also reduce
the burden of courts,” said Dan Singh, adding the authority may be empowered with quasi-judicial
powers.
Talking to TOI, R R Singh, an ex-Army officer and director general of National Real Estate
Development Council (NAREDCO), said, “Any regulatory body should have a single window system
for setting up guidelines and hear grievances of consumers. It should lay down procedures for
reaching builder-buyer agreement, project deadlines for builders and even function as a quasi-court
for redress of disputes. The body must also look into problems such as pre-launches of the projects
by developers. The regulator should be the umbrella body heading all stake-holders in the sector,
with an aim to streamline the various procedures.”
When contacted by TOI in Gurgaon, developers said that a regulator must not further complicate
and lengthen the existing procedures and add more windows issuing clearances.
The regulatory authority will be headed by a chairman and two members. According to a source, the
authority would look into complaints pertaining to disputes related to sale and purchase of flats in
housing societies.
Efforts are on to incorporate a provision for imprisoning builders in case of violation of the sales
agreement norms related to cost and timeline, said a source adding that the Union government has
suggested up to a year’s imprisonment or fine up to 5% of the total project cost for violations.
In a similar law being brought by the Centre, the Union law ministry has reportedly proposed
imprisonment up to three years or fine up to 10% of the project in case a builder doesn’t register
with the authority and the project land exceeds 1,000 square metres. The Union government will
introduce the Real Estate (Regulation & Development) bill in parliament during the coming budget
session.
“The Centre has issued broader guidelines to set up such authorities in all states and we will keep in
mind the same before finalizing the draft bill for Haryana,” said a Haryana government officer.
Principal secretary, Department of town and country planning, S S Dhillon, said, “We have prepared
a draft proposal to seek approval of the chief minister before tabling it in the state assembly.”
In the past few years, Haryana has witnessed major real estate activities especially in Gurgaon,
Faridabad, Rohtak, Sonipat, Panipat and Rewari due to the state’s proximity to the national capital.
Older News Last Week
1. Farmers stop construction work in Greater Noida
5 Feb, 2013
Delhi/NCR
Hundreds of farmers from 39 villages once again disrupted construction work of various real estate
projects in Greater Noida on 3rd February. The protests were not only confined to Greater Noida
West (Noida Extension) this time, but also spread to Greater Noida East where sheds of various
developers were dismantled by the agitators.
“We held a panchayat at Bisrakh village and decided to halt construction work of each site in Greater
Noida (West),” said Manvir Bhati, farmer leader.
Enraged farmers intensified their agitation against builders and the Greater Noida Authority and
dismantled makeshift offices of builders in Greater Noida (West) leading to a brawl between farmers
and construction workers. “Despite several warnings, when the labourers at the sites of Amrapali,
Gaur City and Ajnara did not stop construction work, the farmers dismantled the sheds,” Bhati said.
The drama continued for hours. “Farmers are seeking resolution of their land-related demands. They
told the developers not to resume the housing projects till their demands were fulfilled by the
Greater Noida Authority. We feel that as developers are not paying their dues to the Authority, our
compensation amounts continue to remain in limbo,” Bhati added.
Farmers also threatened that they would lock Greater Noida Authority’s office on February 21 if
their issues stayed unaddressed. “We are preparing a strong agitation on February 21. We will not
let Greater Noida Authority function,” said added a farmer leader from Bisrakh.
2. NOC from water authority must for Noida builders
5 Feb, 2013
Delhi/NCR
Decreasing groundwater levels have forced the Noida Authority to pass an order making it
mandatory for all developers to get a ‘no objection certificate’ (NOC) from the Central Groundwater
Authority (CGWA) to get their building plans sanctioned. Noida CEO Rama Raman confirmed that the
notification was made after a meeting last week.
Officials said that from now on all projects, including residential, commercial, institutional or mixedland category, which are being developed on a large scale will now have to seek the mandatory
clearance from the groundwater authority. “The CGWA certificate is mandatory only for big projects
that require deep digging for single, double or triple basements. We have not yet specified the exact
size of the plots that will need the certificate, but that will be announced soon,” said an official.
The decision came after the National Green Tribunal (NGT) order banning groundwater extraction by
builders on January 11. Officials said that the CGWA will first inspect the builder’s project site and
specify a method of recycling groundwater before giving a green signal to the building plans. “The
certification is important as builders dig unnecessarily deep and waste precious groundwater,” said a
Noida Authority official.
Apart from this, the Authority had also formed a ‘task force’ to ensure that builders adhere to the
NGT ban. The green tribunal is expected to hear the petition on groundwater misuse on February 8.
CREDAI vice president (west UP) and Supertech CMD RK Arora said, “We launched our project after
getting an NOC from at least 50 government departments. Increasing number of NOCs also hike
input costs resulting in buyers having to pay more for their properties,” he added.
3. Increase in demand for commercial space on Noida Expressway
5 Feb, 2013
Delhi/NCR
Noida Expressway is attracting considerable office employment. Since office space has become
increasingly scarce in Delhi, many businessmen, even though residing in Delhi, are setting up offices
in Noida as the rentals here are still in the affordable range.
And, the employees in these offices are finding it convenient to live in Noida. In the next stage, it is
expected that even the businessmen themselves will shift their residences to Noida.
Credit for this must go, in large part, to the policies of the Noida authority in the last few years,
which were conducive for the development of office spaces as part of commercial activities at
various sectors in Noida.
The Noida authority had declared Sectors 62, 78, 105, 108, 124, 125, 126, 127, 132, 135, 136, 142,
143, 144, 153, and 154 open for commercial activities. Most of these sectors, along the Noida
Expressway, are being developed with institutional and other office facilities that will house a large
number of commercial set-ups, which would open up employment opportunities.
A number of commercial projects like BPTP Capital City at Sector 94; HCL’s huge SEZ at Sector 125126; Express Trade Towers, Adobe and Logix Technova at Sector132; Unitech Infospace at Sector
135; 3C Oxygen, Unitech’s new SEZ at Sector 144; Advant Navis at Sector142; Bhasin Group’s Mist
Avenue at Sector 143, Urbtech NPX at Sector 153, etc, have been launched. These properties are
very valuable as they have the potential to give very good returns to investors and buyers. These
commercial projects make perfect business sense for corporates, and even entrepreneurs, wanting
to make a smart move to Noida Expressway.
4. Indirapuram in Ghaziabad is the new realty hub for investors
Feb 4, 2013
Delhi/NCR
Indirapuram, a fast-developing modern metropolis, is turning into the first choice for end users
when it comes to living in Ghaziabad, owing to its good connectivity. And, the proposed Metro
network to the place has only added lustre to the property scene here.
Located on NH-24 and in close proximity to Delhi, this self-contained mini-city offers all the
amenities and facilities for high-quality living including excellent social and physical infrastructure
coupled with modern residential and commercial complexes.
A recent property survey shows that Indirapuram accounts for over 40% of rental demand for
multistorey apartments on lease across Ghaziabad. The major factor behind this is its improved
connectivity to Delhi and Noida.
Strategically positioned among three important business centres like Delhi, Ghaziabad, and Noida,
Indirapuram is divided into different ‘khands’ (sectors) like Nyay Khand, Vaibhav Khand, Ahinsa
Khand, Niti Khand, etc. The Ghaziabad Development Authority (GDA) demarcated this residential
area only about 16 years ago, and today, Indirapuram has innumerable residential options for
people across the income brackets, and the business class too.
Why Indirapuram
Only 6km from Akshardham and 25km from the Connaught Place, Indirapuram is considered a prime
city for commercial and residential projects. This place is easily commutable from major locations
across the NCR and is brimming with all types of residential properties. Unnoticed for years, this
place has emerged as a desirable place to live in owing to new developments which opened up
thriving job opportunities.
The infrastructure development here has made it a sought-after place among real estate developers
for constructing housing societies and mini-townships. The trend of modern high-tech lifestyle has
touched this place, too, and people are now seeking studio apartments, flats, apartments, villas,
plots, independent floors, etc, here.
Real estate developers are building trendy and modern apartments in Indirapuram, in the affordable
options too. Inspired by the latest designs and infrastructure across the world, developers have
raised stylish apartments with assistance of advanced and cost-effective technology.
Well-equipped, perfectly furnished, roomy, and properly ventilated, these trendy deluxe apartments
are made with superior design and taste that match the high expectations of the modern
homebuyer. Impeccable in appearance, with contemporary interior concepts and modern fittings,
these flats have found favour with people looking for modern and stylish home to redefine their
lifestyle.
Indirapuram properties have opened up new investment options for people of the NCR. Another
advantage for the area is the proposed Metro connectivity from Noida’s City Centre to CISF and
extension of Metro line from Vaishali’s Sector 4 to CISF Camp.
Realty market
If you are looking for a property that can yield good returns, Indirapuram is one of the best places to
invest. Also, the location is very good for end users as this city is fully inhabited and the rates here
are very competitive, quoting between Rs 3,200 and Rs 5,500 per sq ft. The real estate market here
is still below saturation level, as there is a lot of potential for new projects. There are nearly 130
realty projects here, with 90 projects completed and 40 under construction; the occupancy rate of
over 35,000 flats in Indirapuram is nearly 75%.
There are several reputed educational institutions, shopping centres and medical facilities here, with
several more under construction. Several sectors have aesthetically developed theme parks that act
as the lungs of the city.
Realty projects
Some of the luxurious residential projects here are SVP’s Gulmohur Residency, Antriksh Group’s
Antriksh Greens, Assotech Realty’s Kabana, Amrapali’s Amrapali Village, Gaursons’ Gaur Green Vista,
Shipra Group’ Shipra Sun City, Supertech’ Supertech Icon, ABA Corp’s Orange County, etc.
5. DDA to complete master plan review by mid-2013
Feb 4, 2013
Delhi/NCR
They might have overshot their December deadline for completion of the Master Plan 2021 review
by over a month, but DDA is hopeful of completing it by June-July 2013. Union urban development
minister Kamal Nath had indicated last year that the mid-term review would be completed by the
end of 2012.
Sources, however, said that each amendment in the master plan had to go through a number of
procedures like the board of inquiry and authority meetings, besides giving the public three months
for filing objections/suggestions, so the December 2012 deadline was unrealistic.
By January 2013, only 23 amendments have been finalized. Another 21 have been placed before the
public. Later, they will be taken up by DDA and then sent to the ministry for final notification. “The
third lot is being processed and will be put up before the different advisory groups. These
amendments have to be first shown to the public, so this may take time,” said an official.
Sources said the next meeting for the master plan review is expected to be held in mid-February.
DDA had brought out a public notice inviting suggestions/objections for the first lot of 23
amendments on October 1, 2012, giving the public 90 days to file their feedback.
The finalized amendments stress on group housing and development norms for construction of
multi-storey flats in planned areas. It has been proposed that in residential group housing societies,
the present area of 400 sq m be increased to 1,200 sq m, free from current floor-area ratio (FAR)
restrictions, to accommodate areas like libraries, recreational hall, creche, reading room and society
clubs.
To smooth the way for redevelopment of local shopping centres and sub-city level markets, a
maximum overall FAR of 50% over and above the existing FAR has been allowed. Due to their
proximity to residential areas, these markets need to be redeveloped to overcome environmental
and traffic problems. Traders’ associations will share the responsibility for transformation of sub-city
level markets to modern wholesale markets. Existing commercial centres may also be redeveloped
with enhanced FAR depending on payment of appropriate levies, according to some of the
modifications proposed for the mid-term review.
Older News Last Month
1. Property registration to get tougher in Gurgaon
Jan 30, 2013
Delhi/NCR
Land parcels or built-up property in un-regularized colonies might cost several times lesser than
prevalent market rates but has its own perils.
Taking note of such anomalies, the state revenue and disaster management department has issued
tougher guidelines on purchasing and eventually registering property in un-regularized colonies in
Gurgaon. These guidelines by the department are regarding sale and purchase of property in
unauthorized colonies.
These are in accordance with a Punjab and Haryana high court order of November 1 last year. All
divisional commissioners and deputy commissioners have been sent a written communique about
the same, a senior official in the department confirmed.
The Gurgaon district administration has been asked to prepare a list of unauthorized colonies so that
the general public can be made aware of these unauthorized colonies in this regard and public
notice would be published in two newspapers being published in vernacular language in the areas
concerned.
Pamphlets would be displayed at important places like Tehsil or sub division or district offices,
schools, community centers and bus stands so that general public could be desisted from purchasing
land in unauthorized colonies.
“Sub-registrars and joint sub-registrars would be intimated in clear terms that in case the land of
unauthorized colonies is registered, they would face strict departmental or criminal action,” said the
senior revenue official.
Also, a team of officers consisting of sub-divisional magistrate, district revenue officer and stamp
auditor would be constituted to carry out random checks of the tehsils or sub-tehsils to ensure that
no land of unauthorized colonies is registered.
These teams would inspect the tehsils or sub-tehsils and verify the implementation of the orders and
in case of violation, the deputy commissioners would forward such acts of omission and commission
without fail.
Such reports are to be sent to the state government in the first week of January and July every year,
he added.
2. Property rates doubling at Greater Noida West
Jan 28, 2013
Delhi/NCR
Greater Noida West (formerly Noida Extension) is now free from all legal hurdles and builders and
developers have resumed construction here and are even planning to launch new projects. The NCR
Planning Board (NCRPB) recently approved Greater Noida’s Master Plan 2021, which includes new
infrastructure like expressways, major road networks, Metro connectivity and increase of per person
per hectare (ppph) density of the planned population of the area from 54 to 200 ppph.
The homebuyers and investors can buy homes at Greater Noida West very freely after the green
signal to go ahead with ongoing projects from Greater Noida Industrial Development Authority
(GNIDA).
Why Greater Noida West
Spread over nearly 3,635 hectare (8,980 acres), Greater Noida West is well connected to Noida. It is
4-5km from Sector 121, Noida; a road from Sector 121 passes over Hindon and connects Sectors 1, 2,
3, 4, 16B, 16C, 10, 12, Techzone, Knowledge Park 5, etc, in Greater Noida. This road connects further
to a 60m-wide road coming from NH-24.
More than 50 builders and developers have been allotted plots here for constructing residential
units, highrise and low-rise structures, to cater to a projected population of 10 lakh. As per an
estimate, over 2.5 lakh builtup houses would be delivered in the next three-four years.
Before launching large group-housing projects and builder residential plots, the GNIDA allotted over
4,000 residential plots to individual allottees. The authority waited for 14 years before requesting
the state government for acquisition of 161.5 hectares in village Shahberi, but this acquisition was
quashed by the Supreme Court in 2011.
Resumption of construction
For some time, the land acquisition row had put a question on the fate of Greater Noida West, which
was marketed as one of the prime locations for affordable range of housing units. After dismissal of
the review petition of farmers and the authority by the Allahabad high court, the NCR Planning
Board came into the picture and approved the master plan for the area.
The biggest challenge was whether the Noida and Greater Noida authorities have taken necessary
approvals for acquisition, planning and development of areas or not. But, now, all such issues have
been put to rest and construction has resumed at this place. After the resumption of construction
work, the rates at Greater Noida West have also increased with builders having to pay the increased
compensation to the farmers as directed by the Allahabad high court.
Price appreciation
The impact of the court verdict hit property price hard. Once launched at Rs 1,400-1,600 per sq ft,
the rates have now almost doubled and are quoting at Rs 3,000-3,500 per sq ft, depending on the
location of the project.
What began as a war for affordable homes among a handful of builders has now turned into a fullfledged race for luxury space in Greater Noida West.
Top developers are queuing up for their share of the pie. They are also charting a new course of
growth through a two-pronged strategy of geographical expansion and diversification. Replicating
their success they are extending their expertise in creating high-end communities by launching villas
and luxury residential properties.
3. Rise in multi-use residential and commercial projects at Noida
Jan 28, 2013
Delhi/NCR
Sectors 18, 25A and 32 of Noida have seen development at a fast clip making them hotspots for
residential and commercial activity.
These sectors enjoy great connectivity with Delhi, being only 3.5km away, and offer a huge potential
for real estate development. No wonder that world-class multi-use residential and commercial
projects, existing and developing, have changed the face of these sectors.
Surrounded by green areas and huge open spaces, these sectors are some of the finest integrated
developments ever built in the Delhi NCR region.
At present, a major commercial complex is operational in Sector 18, which has been developed as
sub-district commercial centre. Noida’s Master Plan 2031 proposes a city-level commercial centre in
Sectors 32-25A, and has allocated about 98 hectare for its development. Other commercial centres
have also been proposed along the Noida-Greater Noida Expressway and major arterial roads across
different places in the city.
The proposed city centre in Sectors 32-25A, located in the central part of the city, is going to be an
important commercial-cum-residential hub. Developing sectors like Sectors 18, 25A and 32 have
excellent connectivity like the Metro link and direct road connectivity with Delhi, Ghaziabad, and
Faridabad, and have the potential to emerge as the residential and commercial core of Noida.
According to the master plan, these sectors will house leading shopping and business
establishments, hotels, service apartments, offices, and commercial and housing projects. These
sectors are also designed to provide space for different cultural activities.
Realty projects in Sector 18
Sector 18 is located in the heart of the premium central business district of Noida and is developing
fast. A number of existing and forthcoming entertainment zones, commercial complexes, shopping
malls and restaurants are promising to provide local residents and visitors the same feel as
Connaught Place.
Looking at the potential of this commercial hub, top-notch developers like DLF, Wave Infratech,
Unitech, 3C Group, etc, have moved into the area with ambitious projects. A recent addition to this
area is the announcement of Wave Group’s Wave Vertica, a 48-floor mixed-use development with 3
million sq ft.
After successful launching Centrestage Mall (shopping-cum-multiplexes mall at Noida ), Wave
Infratech has recently opened Wave Silver Tower and launched Wave Vertica, one of the tallest
commercial-cum-residential project offering retail, office space, residential and serviced apartments
and a 5-star hotel.
The retail space has been designed keeping the high street concept in mind where prospective
customers can walk into a store directly. The recreation spaces in this project have been designed by
FORREC Ltd. Wave Vertica will have six screens and a seating capacity for nearly 1,500 viewers with
the largest screen sizes.
Wave One, another major project of Wave Infratech near Centrestage Mall and Radisson hotel, will
be an ultramodern commercial building with offices, retail space and a multiplex. This stateof-the-art
41-floor building will have 2 million sq ft of commercial space on offer. With better access and
connectivity from Delhi, Mayur Vihar and Greater Noida, Wave One will have huge catchment area
in terms of footfalls.
DLF, another top reality player, is going to launch Mall of India near hotel Radisson in Sector 18. This
mall is has a built-up area of nearly 27,07,575 sq ft and a gross leasable area of 16,00,000 sq ft. Mall
of India is expected to become operational by the middle of this year, and the developer says it is
India’s first mall to offer six floors of shopping and entertainment.
Multi-use residential and commercial projects in
Sectors 25A and 32
Developers like Wave Group and Logix are developing some of the largest multi-use residential and
commercial projects here. Wave Infratech is developing a world-class leisure and residential
community over 152 acres, roping in international consultants like SOM, IMXD, FORREC, AECOM,
ARUP and NOSTRI. The project offers 20 lakh sq ft of mall area while 4 lakh sq ft has been dedicated
to indoor entertainment facilities like a snow park, a water park and a theme park.
4. Hold on to your investments in Faridabad for high returns
Jan 25, 2013
Delhi NCR
National Capital Region’s Faridabad is undergoing an image change from being a primarily industrial
town to an industrial-cum-residential township. The town offers plots, villas, and independent floors
and even apartments with a potential for future appreciation.
There has been a perceptible improvement in Faridabad’s realty market over the last few years. This
can be attributed primarily to the several new residential projects that have come up in the
Neharpar region, also known as Greater Faridabad. While demand for residential property has gone
up, capital values also saw a moderate increase.
Development in Faridabad has been pretty rapid. Soon it will be connected with the capital city by a
metro and the realty market may therefore get a further boost. “Faridabad’s real estate is yet to
witness a leap. It is an ideal option for investors with long-term plans. It will be one of the dream
destinations, but one has to wait for at least 3-4 years,” says Sanjay Sharma, MD, Qubrex. A
combination of factors is expected to enhance prospects of the suburb.
Connectivity
Metro rail has already reached Badarpur and is expected to connect Faridabad too by the end of
2013. “Once completed, the Faridabad-Noida-Ghaziabad (FNG) expressway and the FaridabadGurgaon toll road are likely to enhance the prospects of Faridabad for investors,” says Sharma.
Fast paced development & Modern facilities
Initially, Faridabad only had plotted projects, but now the market also offers villas, independent
floors, condominiums and apartments. Catering to the different social segments, many builders are
coming up with projects that offer all modern facilities. The provision of indoor and outdoor games
along with parking, swimming pools, clubs and jogging tracks is attracting many youngsters towards
Faridabad.
Shopping and weekend destinations
A decade ago, the residents of Faridabad had to travel as far as Delhi, Noida and Gurgaon for
branded shopping. But with the recent mushrooming of retail, Faridabad is catching up fast. There
are about a dozen malls on the Delhi-Mathura road. Recreation and entertainment spots like
Surajkund, Sohna Lake, Badkhal Lake and Dabchik Lake are in vicinity to the town.
Youngsters today form a major chunk of investors in real estate. With modern facilities along with
well-connected markets, malls and other entertainment hubs around, Faridabad is coming up as a
preferred residential destination in NCR. Holding on to investments might be a good idea in such a
scenario.
5. 12,000 affordable new flats at Greater Noida, Yamuna e-way
Jan 25, 2013
Delhi/NCR
With aim to promote affordable housing, the Greater Noida and Yamuna Expressway authorities will
develop 12,000 flats in the next couple of years. Land has been identified for the project and on 24th
January a layout plan was sanctioned by the authorities.
A total of 7,000 flats in Greater Noida and 5,000 flats in Yamuna Expressway will be developed. “We
have identified Sector Mu-2 and Sector 10 in Greater Noida for the project while in Yamuna
Expressway, the flats will be developed in sector 18,” said a senior official.
The fast pace of work shows the Authority’s seriousness on the project. Land was earmarked and
approved in the board meeting on January 11 and in just 13 days the layout plan of the project was
duly sanctioned. “We are committed to develop these flats as soon as possible,” an official said.
Elaborating the features of the flats, the official said these will be one-bedroom units and four
storeys high. “The blocks will be spread on a campus equipped with state-of-the-art infrastructure
including a community centre, shopping complex, kiosks, schools, nursing homes, playground and
parks,” the official said, adding that special care will be taken to provide for ample parking space and
planned greenery on the campus.
“There will be no need of painting the building. Keeping the increasing number of vehicles in the city,
there is also a provision of garages in the project,” the official said.
The entire project costs Rs 150 crore. Each flat will be priced between Rs 6.5 lakh and Rs 8 lakh. “In
the Greater Noida project, the cost of a ground floor flat is Rs 8 lakh while a third floor flat costs Rs
7.5 lakh. In the Yamuna Expressway project, cost of a ground floor flat is Rs 6.5 lakh while a third
floor flat costs Rs 6 lakh. Banks are ready to sanction loan up to 90 per cent of the total cost of the
flat but we are in talks to finance flat 100 per cent,” the official said.
Older News Last Year
1. New draft development plan for Gurgaon
October 25, 2012
Delhi/NCR
With the new draft development plan in place, land will be no longer acquired for the SEZ (special
economic zone) purposes. The new Draft Development Plan of Gurgaon-Manesar Urban Complex2031 has incorporated this provision, one among several others, as SEZs are becoming unviable with
various issues cropping up over time and, in particular, the inability of the Reliance Haryana SEZ
Limited (RHSL) to purchase and accumulate contiguous lands for their SEZ.
With the new draft development plan in place, land will be no longer acquired for the SEZ (special
economic zone) purposes. The new Draft Development Plan of Gurgaon-Manesar Urban Complex2031 has incorporated this provision, one among several others, as SEZs are becoming unviable with
various issues cropping up over time and, in particular, the inability of the Reliance Haryana SEZ
Limited (RHSL) to purchase and accumulate contiguous lands for their SEZ.
In view of change of land use (CLU) or licences on certain land patches, some amendments have
been made in the Final Development Plan-2025 of GMUC. According to the changes, the
government could acquire the land sold by the farmers to non-farming interests but whose retention
as “good agricultural land” at these places was desirable. “The government should maintain the
character of the land so left out from acquisition as ‘agriculture’ with clear stipulation that no
licences would be granted in respect of such areas,” the amendment says.
The new draft development plan of Gurgaon has now deleted the provision for an industrial zone on
nearly 3,110 acres proposed on the western side of the KMP Expressway and the whole area has
been proposed to be retained as an agriculture zone with the condition that no CLU or licence be
granted in this area.
Connectivity
Keeping the increase in traffic in mind, the revised alignments of sector-dividing road of Sectors 7677, 84-85, 81-81A-open space, 92-open space, 92-93-94-95 and 112, 113 have been approved by the
government and have been incorporated in the draft development plan (DDP).
According to the new draft plan, the road above Sectors 63A and 67A that ends up on Sohna Road
will be extended through the agricultural land. This road will work as bypass of NH8 in future and will
relieve NH-8 and Sohna Road from heavy traffic congestion to a great extent. A 60-metre-wide road
between the industrial Sectors M3A and M4 will be further extended through the Aravali hills and
public and semi-public zone along KMP up to NH-8. This will create a great loop, which will provide
commuters an option to avoid travelling on NH-8.
2. Gurgaon ahead of NCR in luxury housing
Oct 4, 2012
Delhi/NCR
Demand for luxury residential facilities in Gurgaon is expected to soar in the coming four years, says
a recently held housing survey by a real estate consultancy firm. NCR is expected to witness the
highest demand for houses in the country at 381,000 units during next four years. New arrivals to
the NCR, mainly connected with the IT, services and industrial sectors, have contributed to the hike
in housing demand, which is expected to further rise with the influx.
While the mid and low segment apartments will be most sought after in the overall NCR, Gurgaon
will continue to see significant rise in luxury housing segment. Here, the focus is more on high-end
apartments. “Gurgaon is emerging as a hotspot for luxury residential housing with some projects
selling at around Rs 30,000 per square feet, while most other high-end projects are selling at around
Rs 14,000 square feet on an average,” said a Cushman & Wakefield’s spokesperson.
The total demand for houses across the country in the years 2012-16 will be 11.8 million units, reads
the survey carried out by Cushman & Wakefield’s. “The additional or new demand that can be
generated in 2012-2016 is calculated based on the past trends for population and household growth
and the income classification for the households,” says the report, which was prepared in
collaboration with the Global Real Estate Institute.
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The consequences for the individual of failing to provide the information.
Informage Realtek will, where practicable, collect personal information directly from individuals and
whenever possible, make sure individuals know when you collect information about them from a
third party. Informage Realtek will take reasonable steps to ensure the individual is aware of the
matters detailed above.
Use and Disclosure
Informage Realtek will not use or disclose personal information about an individual other than for its
original (primary) purpose. The use or disclosure of the information for another purpose (secondary
purpose) is not permitted unless the person has consented to its use or disclosure for that other
purpose.
Data Quality
Informage Realtek will take reasonable care to ensure that the personal information it collects, uses
or discloses is accurate, complete and up to date.
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Data Security
Informage Realtek will take reasonable steps to protect any personal information it holds from
misuse and loss and from unauthorised access, modification or disclosure. If the information is no
longer needed, it will be destroyed or permanently de-identified.
Openness
Informage Realtek has documented its policies on the use and management of personal information
held. These policies are available on request.
Access and Correction
Informage Realtek give individuals access to their personal information and will correct it if it is
wrong and it is reasonable to do so. If access to information is refused, Kirkland Real Estate will
provide reasons for such refusal.
Identifiers
Informage Realtek will not use a government identifier as its own identifier.
Anonymity
Where it is lawful and practical, Informage Realtek will give individuals the option of not identifying
themselves when entering into transactions with it.
Transborder Data Flows
Informage Realtek will not disclose personal information to a recipient in a foreign country who is
not subject to comparable privacy obligations as those contained in the NPP's unless Informage
Realtek has the consent of the relevant individual.
Sensitive Information
As a general rule, Informage Realtek will not collect sensitive information. However, where sensitive
information is to be collected, it will only be collected, used and disclosed with the individual's
consent or in accordance with the requirements under the NPP's.