Semi furnished Builder Floor for Rent in Sector 37 Faridabad

Of the about two lakh Gurugram owners who have defaulted on property tax payment, as many as 37 are set to lose their immovable assets, commercial as well as residential, for good as the city municipal corporation has decided to auction them on March 16. Some of the residents whose properties would be put on the block have not paid the property since 2008, the year when the Municipal Corporation of Gurugram was formed. Together, the 37 people owe the MGC crores of rupees as property tax dues.

Delhi Metro's Blue Line will be further extended to Ghaziabad's Mohan Nagar and Sahibabad as the Delhi Metro Rail Corporation has submitted the revised project report to the Ghaziabad Development Authority. At present, the Blue Line terminates at Noida Sector 62 and Vaishali. The proposed plan will benefit the commuters in Ghaziabad to reach central Delhi and Noida directly.

The Goods and Services Tax (GST) Council on March 19 approved a transition plan for the implementation of new tax structure for housing units, Revenue Secretary A B Pandey said. Reasonable time for transition would be given to developers in consultation with states, he said. Developers of new projects would, however, have to offer the GST benefit to buyers starting April 1 only.

The Delhi-Meerut Expressway, a 438-kilometre-long highway, links national capital Delhi to Lucknow via Ghaziabad, Hapur, Moradabad, Bareilly, Shahjahanpur and Sitapur. Although the highway has been recognised as a fast-developing affordable housing corridor in the National Capital Region (NCR), its expansion plan has assumed more significance in the wake of frequent traffic jams and lack of public transport.

In a first, the national capital along with the national capital region that includes parts of Haryana and Uttar Pradesh has overtaken the long-standing leader Maharashtra in attracting foreign direct investment (FDI) into the country. The construction sector attracted around Rs 543 crore funds, which is six per cent of the total investment while the infrastructure sector gained Rs 12,862 crore from the foreign investors. A study by London & Partners has listed Bangalore (6) and Hyderabad (14) among top 20 global cities for attracting FDI into the information and communications technology and electronics sectors.