Festive Season For Home Buyers

FESTIVE SEASON: Developers offering offers to woo buyers

Festival season begins from Navratras and lasts till Diwali in India. It brings happiness and optimism with it. It is the time when developers offer many offerings and freebies to attract buyers and push their selling. On the other hand buyers consider festival season as an auspicious time to own a property. Like every year, this year also developers are offering many gifts or offers to woo buyers across Delhi- NCR.

Shifting Of Kherki Dhaula Toll

Shifting of Kherki Daula toll a boon for New Gurugram residents

Residents of newer sectors of Gurugram have lauded the proposal of shifting the Kherki Daula toll. Employees working in industrial townships of Manesar, Dharuhera and Bhiwadi, who pass through this stretch every day, have to wait in long queues at the toll.

The government has recently announced that the Kherki Daula toll plaza would be shifted beyond the NSG complex in Manesar and a large plot in Sehrawan has been identified for its relocation. However, a final call on the same will only be taken once there is some clarification on the status of the land. Thus, the toll will be shifted 8 km towards Manesar from the current location.Authorities have confirmed that the transfer of land to National Highway Authority of India(NHAI) is being taken up on priority to facilitate the relocation. The entire process of finding the land for shifting the toll plaza is being coordinated by Gurgaon MP and Union Minister of State for Planning, Rao Inderjit Singh.

Dwarka Expressway Gurgaon

NHAI to build NCR’s longest flyover on Dwarka Expressway

Dwarka Expressway is soon going to witness a new high. The National Highways Authority of India (NHAI) has planned to construct a 9 KM long elevated road in a bid to improve the connectivity between Delhi-Haryana border and the Basai railway overbridge. It will improve the connectivity to the area and cut short the travel time for both the commuters as well as residents in the area.

BDI Ambaram

Affordable housing to be key growth driver for home loans

With focus of the government the affordable housing segment is finally emerging as the key growth driver for the housing loans market. This has pushed the builders to be moving towards the affordable apartments in favor of the middle class pockets.

Now with the sale of the houses costing below 30 Lakh, the home loans are also available with a sharp uptick providing interest subsidy for the affordable housing segment. According to the finance providers, with the interest subsidy under Pradhan Mantri Awas Yojana this housing segment is expected to grow at 25% .The scheme will be available until December 2017, with 4% subsidy on home loans of up to Rs 9 Lakh for the income group of Rs 12 Lakh per year, and 3% subsidy on loans of up to Rs 12 Lakh for the earner up to Rs 18 Lakh per year.

Espark Viridian

Entries Open for SmartUP - Espark-Viridian’s B-Plan Competition

  • Event focuses on startup ecosystem and promotes entrepreneurship in India
  • Offers an opportunity to transform  startup ideas into success stories
  • Expert advice on business nuances
  • Opportunity to win cash prizes & entry to Espark-Viridian accelerator centres across India and potential to raise seed investment

Espark Viridian Accelerator, a startup accelerator for early and growth seeking startups in-association with Headstart Network Foundation, brings a unique opportunity for all the aspiring entrepreneurs- SmartUp 2017. SmartUp is a Pan India Business Plan Competition that could help win a cash prize worth Rs 1.75 lakh, entry to Espark-Viridian’s accelerator program, live one-to-one mentoring, potential to raise seed investment, network with all the who’s who of the business world.