3 BHK House/Villa for Rent in Sector 8 B Road Panchkula

Transport Minister Nitin Gadkari has announced that work on the Delhi-Mumbai Express Highway would start soon. The Delhi-Mumbai Expressway is a greenfield access-controlled highway developed at a cost of Rs 1 lakh crore and will take three years for completion. Aimed at reducing the travel time between the two cities from 20 hours to 12 hours, the project will also have a new alignment covering several backward areas of the country and lead to industrial growth.

The Noida Authority launched a multilevel car-parking (MLCP) facility in January to resolve the parking problems of the Sector 18 market. However, a hike in parking fee and issues such as flawed footpath design and lack of road infrastructure have played the spoilsport for the facility. So far, there are no as many takers for the parking space as the Noida Authority had expected.

Here is the week's top news stories from the real estate sector.

The Municipal Corporation of Gurgaon has proposed a Budget of Rs 1,884 crore for the financial year 2018-19. While the Noida Authority was seen trimming its Budget this year, the spending of the MCG increased 30 per cent when compared to its previous Budget.

The Noida Authority has started the process to acquire 54 hectare of land in two villages that are to be handed over to applicants to be developed as farmhouses. On March 21, Noida Authority chief executive officer along with senior officials of the district administration met the protesting farmers who have been agitating since March 1 after it became public that the Noida Authority was going to revive its attempts to acquire land to resolve the compensation issue.