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Elan Group Acquires 40-Acre Land In Gurgaon From Indiabulls For Rs 580 Crore


Elan group acquires 40-acre land in Gurgaon from Indiabulls  for  Rs 580 crore

Gurgaon primarily based on Elan Group has acquired 40-acre land from Indiabulls assets for Rs 580 large integer in Sector 106, Dwarka Expressway Gurgaon, in one of all the most important land deals of the country in recent times.
According to the restrictive filing by Indiabulls, the company has divested 100 percent stake in its subsidiaries – Airmid  Developers restricted, Mariana Developers restricted, Albina Properties restricted & Flora exploitation restricted, that owns the land parcel.

According to someone tuned in to the deal, Indiabulls has been attempting to dump land parcels it holds in numerous components of the country.

“It may be an accredited land wherever Indiabulls had taken license for residential development in 30-acre and industrial development within the remaining 10-acre. Elan Group is probably going to follow an equivalent model and will not opt for amendment within the land use,” aforementioned the person tuned in to the deal.

The total development potential of the project is around five million square feet.
Elan Group has delivered 3 Projects in Gurgaon and constructing another 5. this may be the company’s 1st residential development because it has delivered over 2 million square feet of commercial area.

 

courtesy: The Economics Times

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Gurugram: BPTP RWA Stops Essential Services, Residents Protest

Gurugram: BPTP RWA Stops Essential Services, Residents Protest

On Thursday, the BPTP Park Life RWA had taken a decision to curtail all these services to the residents who have not paid Common area maintenance (CAM) charges and instructed the facility management to stop the entry of all vendors giving services to them, the residents alleged.

Gurgaon: endeavor the cold on Friday, residents of Sector 57’s Freedom Park Life Saturday down on a dharna and protested against the RWA of the society for stopping essential services, as well as entry of maids, vendors, newspapers among different key services.

Around 30 residents, as well as girls, youngsters, and adults, command posters and raise their voices against RWA alleging harassment.

On Thursday, the BPTP PARK LIFE had taken the choice to curtail these services to the residents WHO haven’t paid CAM ( common space maintenance) charges and tutored the ability management to prevent the entry of all vendors giving service to them, the residents alleged.

The Freedom Park Life complex comprises of 9 towers, of that 6 return below plot A, whereas 3 towers are below plot B, and each plot is divided by a revenue road. Around 570 families live within the society of that around a hundred and eighty families live in Plot B. Most of them pay the upkeep charges to the present Freedom Park Life flat homeowners Association (AOA)

 

 

courtesy: The Economics Times
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Tips For Home Buyers

Home-buyers who purchased a home last year share their key learnings. Read on 

When you’re finally entering into your dream home, you’ll be greeted by an entire bunch of hidden prices (home renovation, parking charges, relocation services charges, etc) that may utterly overshoot your expenses. Hence, keep that in mind.

Covid-19 is here to remain. Hence, if you have got the budget, then select a pair of 3-BHK lodging because it won’t solely provide your family a way of privacy, however, you’ll additionally flip your spare chamber into your home base or fitness zone. Besides, if any of your relations get infected, s/he can even get unintegrated within the chamber and obtain timely treatment.

“Take advantage of the present monetary climate and go ahead a book your dream home.
Before applying for a home loan, make sure you have a powerful credit score because it can assist you to get your home loan sanctioned faster;
Decide on the allow your house and stick with it. Don’t get ambitious instead you may strain yourself financially within the end of the day.”

“Make an inventory of your high 5 necessities and don’t compromise thereon once creating your decision;
once signing  your home loan documents, enquire regarding proceeding charges, defrayment penalties, among others;
Remove a substantial amount and keep it aside for the interiors of your home.”

 

Courtesy: Times Property.com