Properties in Sector 25 Rohini Delhi

The Delhi Development Authority has announced the second phase of its housing scheme for 2019. The DDA in this phase will auction over 18,000 in the low-income, middle-income and high-income group categories in Delhi’s Vasant Kunj and Narela. The registration of these homes will start from March 25 and will end on May 10. The draw of lots for the scheme will be held in May-June while the allotment of the apartments will start in July.

Home sales are estimated to have increased 25 per cent during 2018 over the previous year, data available with PropTiger.com show. This rise in home sales numbers might mark the start of a new era in India’s real estate after key reforms, including the real estate law and the goods and services tax, were introduced to clean-up the sector beginning 2016. Cautious developers, however, showed restraint in coming up with new projects ─ only 1.9 lakh new units were launched in 2018. Consequently, new launches during the year are estimated to decline by 22 per cent.

The elevated corridor under Phase-III of the Delhi Metro spans a length of 9.41 km. It will include eight stations - Shahid Nagar, Raj Bagh, Major Mohit Sharma Rajendra Nagar, Shyam Park, Mohan Nagar, Arthala, Hindon and Shaheed Sthal. The proposed Metro connectivity will not just help Delhi-Ghaziabad commuters skip the congested roads of Uttar Pradesh but also enable faster travel. This will also boost the growth of new residential and commercial properties around the Metro stations, marking a new chapter in Ghaziabad’s growth story.

The Union Cabinet on March 7 approved Phase-IV of the Delhi Metro, paving the way for the construction of three new corridors, including the Mukundpur-Maujpur corridor, the RK Ashram-Janakpuri West corridor and the Aero City-Tughlakabad corridor. The combined length of these corridors will be 61.679 kilometre, spanning 46 Metro stations, 17 underground and 29 elevated. To be constructed at an estimated cost of Rs 25,000 crore, the three corridors take the Metro deeper into the national capital, improving connectivity while at the same time reducing traffic congestion.

With interest rate at its best, the market is flooded with lucrative home loan products for young home buyers. Here are a few things a single-working women should keep in mind before she approaches the bank for a home loan.