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Allahabad

  • -57.05%
    Annual Price Growth
    Annual increase in price per sq feet in this city, basis makaan listings
  • 5.59%
    Annual Rental Yield
    % of property cost that you are likely to recover as rent in 1 year

Property in Allahabad

: an overview

Top Localities Price Trend

Top localities in Allahabad

Property Range in Allahabad

15 L2+ Cr
4,500 30,000+

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One stop platform for real estate news and updates

Top real estate articles

  • 6th Dec 18

    NBCC, Kotak Among 4 Shortlisted To Buy Insolvency-Hit Jaypee Infratech

    Government-owned NBCC along with Kotak Investment, Singapore-based Cube Highways and Suraksha Group have been shortlisted to acquire debt-laden Jaypee Infratech. Currently, insolvency proceedings against the company are underway in the National Company Law Tribunal. Last year, when Lakshadweep Pvt Ltd, a joint venture between Sudhir Valia-led Suraksha Asset Reconstruction Company and Mumbai-based Dosti Realty, won the bid to buy the company for Rs 7,350 crore, Jaypee declined the offer on the grounds of undervaluation.
  • 30th Oct 18

    UP-RERA Directs Defaulting Developers To Pay Penalty

    Since September this year, the Greater Noida Bench of the RERA has heard 600 cases while the Lucknow Bench has heard 500 cases. The UP-RERA has directed many builders to pay penalty interest for undue delays. It has also directed many builders to pay penalty interest for undue delays. Hundreds of cases are being taken up by the authority. Preliminary investigation in several cases reveals that the builders may have diverted the funds.
  • 5th Sep 18

    State-Run Utility Providers Cannot Hinder Liquidation Of Insolvent Company’s Property, Rules NCLT

    Can authorities or state-run utility providers stake claim and stop liquidation of assets owned by a distressed company? What happens to the claims of private lenders such as banks? Through a recent order, the NCLT has made liquidation of assets owned by insolvency-hit companies easier.
  • 5th Jun 18

    Court Stays Construction Work In Noida’s Express Zenith Project

    The Allahabad High Court has ordered to stop the construction work at Noida Sector 77 project, Express Zenith till July 10. The order has come on the basis of an appeal made by one of the homebuyers alleging that the builder has constructed floors beyond the permitted limit sanctioned by the Noida Authority.
  • 12th Apr 18

    Buyers Suffer As Noida Builder Fails to Get OC, Register Property

    Following an order of the Allahabad High Court, the Noida Authority has said it would not issue occupancy certificate to real estate company Omaxe for its project Grand Omaxe in Noida till the builder pays dues to the tune of Rs 250 crore. About 300 residents are already occupying flats in this project since 2012 without the units being registered.
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