A look at five highly expensive localities in the national capital region and what makes them worth it.

In a move that is likely to help authorities meet the twin objectives of generating more revenues and equalising the differences in rates in various sectors, the Gurgaon district administration has hiked circle rates by up to 20 per cent, for the second time in two months. The revised circle rates come into effect from April 9. It was on February 12 when circles rates were revised in Gurgaon after a gap of four years.

After Delhi, the illegal constructions in Gurgaon has come under the scanner of civic authorities as major drives are being conducted across the town to remove squatters and encroachments from the streets and the residential colonies. In a recent move, three enforcement teams from the Municipal Corporation of Gurgaon (MCG) removed illegal occupants from 11 areas in the city which includes Sadar Bazaar, Jacobpura, Rajiv Chowk, Sohna Road, Subhash Chowk, Tikri village, sectors 40, 44, 45, Silokhra and Sikanderpur. These encroachments were also causing congestion on arterial roads.

Masala bonds are offered and settled in the US dollars to raise Indian currency from global investors for infrastructure development to be undertaken in India. It, therefore, is beneficial for offshore investors who are looking at an exposure in Indian assets. With housing finance companies issuing masala bonds, revival for real estate may be on the cards.

Here is all you need to know about the home-loan subsidy under the Pradhan Mantri Awas Yojana.