EMAAR
MGF THE PALM SQUARE - RETAIL - CUM - OFFICE SPACE Original Booking of EMAAR MGF PALM SQUARE
COMMERCIAL -An integrated corporate office cum retail complex
set on 3.5 acres. The palm square is strategically located
as a gateway to the Palm Drive.
INVEST IN PROPERTY TO BEAT INFLATION . Investing in market linked plans could provide you higher returns. Real estate is a very crucial class that must be considered ...
REGISTRY
OF BUILDER FLOORS TO BE OPENED SOON IN HARYANA . After a long wait Buying a house or a part of it in Gurgaon, Faridabad
and Panchkula will now be easier with the Haryana finance minister-led
panel proposed to the cabinet to allow registration of each floor....
DDA's
BONANZA FOR COMING FESTIVAL SEASON.
At a time when owning a house has become a distant dream for home
- buyers, DDA has come out with its 43rd scheme Since 1968
offering about......
BANKS
CUT PLR's .
After continuous hikes in Bank rates , here is a good news for existing
and fresh home loan seekers. Cuts in prime lending rates by banks have started
......
CHEERS
FOR NEW HOME BUYERS - HOME LOAN RATES HEADING DOWN .
There is something to cheer for those who have been planning to buy their
own homes but were deferring their decision for doing so due to continuous
rise in home loan rates for the last ..
DLF PLANNING
TO BECOME COUNTRY'S LARGEST HOTEL GROUP . One of the major players in real estate sector,
DLF Plans to develop a 250- room Super Luxury
five star hotel with Four seasons Hotels & Resorts in Gurgaon .
CHANGING TRENDS
IN REAL ESTATE SECTOR . There was a time when Builders / Developers in real estate
laid entire thrust on developing Residential Complexes/
Townships .
SEALING
DRIVE IN DELHI/ Recent sealing
drive by MCD of Commercial businesses being run in residential
areas in Delhi has sent electric shocks to the traders community
...
" Builder Floors sale soon to be implemented in Haryana."
.. Buying a house or a
part of it in Gurgaon, Faridabad and Panchkula will now be easier with
the Haryana finance minister-led panel proposed to the cabinet to allow
registration of each floor separately in different names. If this becomes
a reality it will facilitate availing loan and buying a floor in these
highly priced real estate markets.
'' Existing rules of HUDA don't allow vertical or
horizontal subdivision of a plot,'' D S Deshi, commissioner, town and
country planning department,said.
With the committee, led by finance minister Birender
Singh has suggested that the government allow the registration of floors
or flats in independent houses as in housing societies. As of now, people
buy independent floors or flats on the basis of general power of attorney
(GPA). However, such deals lead to disputes at times. Also, the practice
has incurred losses to the state government.''We want it to benefit the
government as well general public,'' the finance minister told TOI.
If the proposal is implemented It will get the
government around Rs 200 crore as revenue in the form of stamp duty.''
Buying a plot on the basis of GPA can be contested in the court of law
in case of any dispute, a senior officer pointed out.
At present, Haryana Apartment Ownership Act allows
for registration of separate floors in buildings with five units especially
in group housing societies. The committee has now proposed registration
of individual floors in independent houses having three units.
Dt. 11.03 .2009
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