Property for rent in Sector 19 Dwarka Delhi

Since “all obstacles have been removed”, the 29-kilometre Dwarka Expressway could be ready in another one-and-a-half year, says Gurugram Metropolitan Development Authority Chief Executive Officer V Umashankar. The project, aimed at decongesting the Delhi-Gurgaon highway, was stuck owing to land acquisition issues at New Palam Vihar and Kherki Daula.

The Noida Authority plans to invest Rs 1,500 crore in 19 different developmental projects in the city. Besides, efforts are being undertaken to ensure energy and water consumption in Noida. Meanwhile, Noida’s residential welfare authorities have been protesting against the inefficacy of workers hired by the Authority who are on regular strikes resulting in poor civic conditions in the Authority’s jurisdiction.

The Department of Town and Country Planning is planning to declare 53 villages in Gurgaon as urban areas. With that, Section 7A of the Urban Areas Act, 1975, would apply on development of these 53 villages. When that happens, a seller will have to seek a no-objection certificate from the department to sell his land. The registration department would seek this document at the time of the registration of the property.

The affordable housing segment will get a boost with the Reserve Bank of India on June 6 raising the loan limits under priority sector lending. The RBI has decided to revise the housing loan limits for PSL eligibility from Rs 28 lakh to Rs 35 lakh in metropolitan centres and from Rs 20 lakh to Rs 25 lakh in other centres.

The Cabinet on May 16 approved extension of the Metro rail network from Noida City Centre to Sector 62, which borders Ghaziabad, with an investment of Rs 1,967 crore. The New Line will be an extension of the Dwarka-Noida City Centre Line of the Delhi Metro. The extended route will provide transport facility to a large number of people living in Noida, besides catering to residents of close-by areas of Ghaziabad.