Future City Developers Pvt Ltd

The liveliest location in the National Capital Region (NCR), Gurgaon is not just known for its swanky corporate buildings but also the many high-end residential structures that promise a premium lifestyle for homebuyers. MakaaniQ lists the top five costliest localities in Gurgaon ranked according to the current pricing.

MakaaniQ lists the best apartment projects in Hyderabad.

In a recent development, the Andhra Pradesh Capital Region Development Authority (CRDA) has planned to create ring-fenced entities (RFEs) for the execution of "remunerative projects" like water and power supply, transport and a host of others in the upcoming capital city- Amaravati. Infrastructure majors such as Larsen and Toubro and Shapoorji Pallonji and Co Ltd have started undertaking work to turn Amaravati into a world-class city.

The Noida Authority is seen trying every trick in the book to recover over Rs 20,000 crore from 94 developers who have failed to deliver their projects, and who have in turn not been able to pay their dues to the said authority.  Between May 7 and May 12, the authority would issue a list of “reliable” developers in order to dispel “negativity” in Noida’s real estate sector.

Indian real estate is slowly moving out of a slump after note ban when the developers got cash-strapped and homebuyers exited the market due to lack of liquidity. The RERA implementation cheered investors for a while but the introduction of GST halted the projected growth. Now with major policy changes, the market is expected to be back on track soon.