Properties in IP Extension Delhi

The Delhi NCR real estate market consists of a decent mix of end use and investor interest. In an attempt to update & inform real estate investors regarding areas that have appreciated the most, Makaan.com, the fastest growing property website in India, conducted a research during the month of May 2012. The research tracked residential property prices in April-May 2012 and compared them with the corresponding figures for last year. The study was ......

India’s richest real estate group Lodha Developers may sell its residential projects in London to a foreign real estate fund, say media reports. The Mumbai-based company plans to sell Lincoln Square on Carey Street and 1 Grosvenor Square in Mayfair to cut debt, estimated to be around three times the company's net worth. The sale is expected to fetch approximately Rs 4,200 crore to the company.

Soon, people working in Noida Sector 62 won’t have to rely on auto-rickshaws and hired cabs for commuting as the Delhi Metro’s Blue Line extension from Noida City Centre to Noida Sector 62 and Electronic City will get operational by January next year. At present, only Delhi Transport Corporation-run buses and private autos are available for public transit in the area. The same is true of several areas of Ghaziabad that lie close to Sector 62.

With the standing committee of the Pimpri Chinchwad Municipal Corporation approving the detailed project report for the extension of the Pimpri-Swargate Metro route to Nigdi recently, prospects of certain real estate pockets have brightened. Under the earlier plan, Phase-I of the Pune Metro was to cover a distance of 31.25 km, with two stretches — from Pimpri Chinchwad Municipal Corporation to Swargate (16.6 km) and from Vanaz to Ramwadi (14.7 km). With the extension of the first stretch till Nigdi, another 4.5 km (spanning three stations, Chinchwad, Akurdi and Nigdi ) will be added to the Pimpri Chinchwad Municipal Corporation stretch.

From small and cosy to spacious and luxurious, lobbies have evolved according to the needs of the building. It is important, however,  to create a space that is appealing and functional at the same time. Architect Alankrutha at Navin’s N-Hance says that apart from aesthetic function, lobby space can be used extensively for security screening, facilitating third-party interaction and as a welcoming or reception area. Abhineet Seth, a seasoned interior designer, also suggests that a lobby is a thoroughfare for which proper space planning is crucial and adequate seating areas must be created especially for senior citizens.