Choosing the same option as Noida Authority did, Greater Noida Industrial Development Authority (GNIDA) is also contemplating the option of outsourcing the process of monitoring and analyzing the residential projects (incomplete or ongoing) to a private company, the very reputed Ernst & Young. Ernst & Young is also handling various projects for GNIDA like Street Vending Policy and solid waste management for the last one year.
Once the details of the proposal get a green signal by the CEO of GNIDA, an EOI (Expression of Interest) will be issued. The company will be explained the main focus of GNIDA. This move will help the authority in compiling the information of all the ongoing projects.
Numerous developers like Amrapali, UnitechShubhkamna, Supertech still have to deliver their residential projects which are pending in Greater Noida.
Most of the developers have submitted a time-period, road map and schedule of the delivery of the housing units to the respective authorities and the owners of property in the twin cities.
But, going by the earlier records of developers, the authorities want a private agency to constantly look into the working of the projects. Three party meetings are being conducted on regular intervals by Greater Noida and Noida Authorities to overcome the issues of delayed and possession and construction of residential projects.
Undoubtedly, Real Estate investment is not sought to leave easily. The main idea to earn and earn and earn more till a person breathes his last breath. For people who have many properties in Real Estate like to get rid of a few and exit the business circle. There may be many reasons to exit real estate business. Some of which are explained by the owner while some are not. For those exit formalities to be conducted, the investor needs to be hundred percent sure if the move is right. If it is right, there should be no looking back. Frequent change in decision can lead to leaving a negative impression about your dealings. Let us know of a few exit strategies that you must follow.
Under the revised Pradhan Mantri Awaas Yojana (PMAY), the target of government is complete the construction of 51 lakh houses by 2018 which would help in meeting the overall target of one completing one crore houses by 2019. The government is also making efforts to reduce the building time from 3 years to 6-12 months.
“First Impression is the last Impression”. This is true in most cases. People decide to create a judgment on food served on the basis of the presentation. A home is your asset and you want to make a really good impression to the visitors and even to people passing by. It gives one a sense of pride. The same is with your office. Many employees have either left a job or stayed in a job depending on the interiors of the office. A good interior means a positive vibe.
When you are living in a rental home, there is a swinging sword constantly in front of you which reminds you that you might have to leave the home soon. That completely justifies not spending much on the décor of the place. But does that mean your cannot look beautiful and creative? Of course not! Even without burning a hole in your pocket, you can let your creativity get the best of you and make your rental place feel like home!
If the lighting fixtures which you already got fitted in the place are not of your choice, then feel free to change them! Replace them by simply unscrewing the previous ones and screwing the new ones of your choice. Lighting plays a very important role in a house as it can easily affect your mood! But be careful that you original fixtures safe in some place.
Paint will always sound clichéd, but the impact of a thing makes it clichéd! When the landlords hand over the flat, they use a very basic shade of white paint. But what we forget is that white also comes in different tones! So choose the tone of white which you think is the best for you! Obviously, you can’t experiment with bright colours in a rental home but various shades of white will come to your rescue.
Plants have some freshness and happiness attached to them. And keeping them in your rental space is sure to light up the place like your own! Buy plants that will enhance the interiors of your home.
The best part about rugs is that they are handy and can completely change the look of a room! But what has to be focused upon is the size of the rug. If a rug is too tiny for a room, it will make the room look strange. And similarly, if it is too big for a small room, it will make the room look claustrophobic.
Stick-on tiles are probably one of the most creations in home décor! So you can easily the replace the dull and boring tiles with some bright stick-on ones!
Following the digital era, the development authorities have been instructed by the state government to execute the system of online map approval in the respective area under them.
The development authorities of the district of Gautam Budh Nagar – Noida, Greater Noida and Yamuna Expressway- are planning to modify the land allotment policy. As per the revised policy, the builders will have to deposit 40% of the total cost in comparison to the previous rule of 10%, at the time of allotment.
The audit of builders’ accounts has been demanded by the Noida homebuyers for a long time now as they are constantly waiting for the flats they invested in. The Authority had promised that proper audits would be undertaken but no such action has taken.
The CEO of Greater Noida Authority has said that waiver on interest will be given to builders who have their projects stuck pertaining to the litigations.
A big investment that everyone wants to make in life is investing in buying a home. If buying a home was that easy, the home loan wouldn’t have come in the picture. While people have the joy of owning a lavish home or maybe a dream home, there is the burden of repaying the home loan that was once availed. Yes, it is a burden because we have to spend half of our lives minting money only to pay the debts. Well, home loans are blessings but they can turn into disguise if certain mistakes are not committed.
