Market Updates

Where to Invest in Affordable Housing Projects

Where to Invest in Affordable Housing, Gurgaon Vs Faridabad Haryana Government notified affordable housing policy 2013 and 2018 to provide housing to all by 2022 under Public Private Partnership model.  Allotment and price are governed by Government and chargeable on ‘Carpet Area’ of the dwelling unit. Houses, Flats or Apartments under this scheme are available in Gurugram (Gurgaon), Faridabad,...

Haryana government increases floor area ratio in private colonies

The Haryana government on Saturday decided to increase the floor area ratio (FAR) of individual residential plots in private colonies from 1.98 to 2.64. The policy will help thousands of plot holders in private colonies, who had been seeking revision of the FAR norms, to allow them to make additional constructions on the same plot. Officials of the department of town and country planning (DTCP), however,...

Indian Oil to invest Rs 2,282 crore to set-up second R&D centre in Faridabad

New Delhi: Indian Oil Corporation (IOC), the country’s largest fuel retailer, is planning to open its second Research and Development (R&D) facility adjacent to an existing facility in Faridabad, Haryana, at a cost of Rs 2,282 crore. The proposed facility -- to be called IndianOil Technology Development and Deployment Centre -- will be spread across 59.32 acres of land in Industrial Model Town...

Gurgaon to get 2 transit hubs linking metro, orbit rail and bus routes

GURUGRAM: In an effort to help commuters switch between metro or the bus service seamlessly, the government plans to open two multi-modal transit centres in the city to link the different modes of transport. While one centre will be developed in Kherki Dhaula, the second one is likely to come up in Pachgaon, Manesar. According to officials in the know of the matter, the state government has already given...

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