In a move that may make home and other loans cheaper, finance minister Nirmala Sitharaman announced that banks will soon launch loans benchmarked against the RBI’s repo rate.

While announcing stimulus measures to boost the economy, amidst concerns of a slowdown, finance minister Nirmala Sitharaman, on August 23, 2019, said that banks had agreed to launch loan products linked to the RBI’s repo rate. This is likely to ensure faster transmission of interest rate changes to home loan borrowers, among others. She added that banks will also pass on the RBI’s recent rate cuts to borrowers on the MCLR regime. Other measures announced, include additional liquidity infusion to the tune of Rs 20,000 crores by the National Housing Bank (NHB) to housing finance companies (HFCs), in a bid to ease the liquidity crisis in the sector. On the issue of stalled projects and other problems faced by home buyers, Sitharaman said that the government was holding consultations with various stakeholders and would announce measures in the near future.

Unsold housing inventory in Gurugram rose over 10 per cent during the last two years, in contrast to a decline in stocks in other parts of the National Capital Region (NCR), an Anarock report said on Thursday. 

The report noted that the unsold inventory in Gurugram rose from 51,220 units in the second quarter of 2017 to 56,550 during the corresponding period of 2019. 

"In the last two years, Gurgaon had the dubious distinction of adding 10 per cent to its unsold stock rather than seeing a decrease. In Q2, 2017, Gurgaon had nearly 51,220 unsold units (piled up further to stand at 56,550 units in Q2, 2019)," it said. 

The report further said that in contrast to Gurugram, Noida had 27,000 unsold homes in Q2 of 2017 which decreased by 23 per cent to 20,860 units in Q2, 2019. Similarly, in Greater Noida, unsold inventories decreased by 26 per cent between Q2, 2017 and Q2, 2019, from 69,080 units to 50,810 units. 

"Meanwhile, Ghaziabad saw its unsold stock decrease to 30,250 units in Q2, 2019 -- declining by 22 per cent in two years. Faridabad, having least unsold inventory in NCR (of 5,180 units) saw the stock fall by 27 per cent since Q2, 2017," it said. 

However, Delhi saw its unsold stock pile up to 12,340 units during the April-June 2019, increasing by 4 per cent since the corresponding period of 2017. 
Property prices in Gurugram are higher than those in Noida or Greater Noida. The report showed that the total value of the unsold units in Gurgaon (56,550 units) is nearly Rs 80,570 crore while in Greater Noida, the value of 50,800 unsold units is roughly Rs 26,720 crore. Noida's 20,860 unsold units are worth Rs 18,380 crore. 

It indicates that the unsold properties in Gurugram largely belong to the luxury segment against affordable properties in Greater Noida, the report said. 

Q: Is M3M Broadway Rera Registered?

Ans: Yes, the project is RERA registered. Rera No. is 31 of 2018. You can find details on Haryanarera.gov.in.

Q: What is Exact Location of M3M Broadway?

Ans: The Broadway is located next to Concourse, Sector 71, Golf Course Extension Road, Gurgaon.

Q: What is the construction status and possession date of M3M Broadway?

Ans: The status of M3M Broadway is under construction and will be available for possession in Dec, 2023.

 Q: What is the starting price of shops in M3M Broadway?

Ans: The investment of shops in M3M Broadway starts at ₹50 lac.

Q: Payment Plan Available in M3M Broadway?

Ans: M3M Broadway offers 60:40 PLP payment plan, '60% within 30 days of booking and 40% on offer of possession'. You will get an 11% return on investment and a 2-year lease guarantee with the double rental benefit.>

Q: What is the size or area range of M3M Broadway?

Ans: The size range of M3M Broadway ranges between 300 to 3500 Sq.Ft

Q: What is the total land area of M3M Broadway?

Ans: The M3M Broadway total land Area is 7.85 Acres.

Q: How many numbers Of units are there in M3M Broadway?

Ans: The M3M Broadway has 600 Units.

Q: How many numbers Of towers are there in M3M Broadway?

Q: How many numbers Of towers are there in M3M Broadway?

Ans: The M3M Broadway has 2 Tower.
A) Broadway - which has Retail shape up to 3rd floor and virtual Office space up to 22.
B) SKY Loft: Which is a Service apartment. (19 ft high)

Q: What type of furnishing is there in M3M Broadway?

Ans: The M3M Broadway is Semi Furnished.

Q: Types of property are there In M3M Broadway?

Ans: The M3M Broadway has Retail Space-Mall, Multiplex, Office Space-Commercial/Mall, Food Court Space.

Q: key amenities of M3M Broadway?

Ans: The M3M Broadway amenities are 24X7 Power Back up, 24X7 Security, Air Conditioning, Bank/ATM, Covered Parking, Garden, Kids Play Area, Landscaped Park, Lift, Maintenance Staff, Open Parking, Rain Water Harvesting, Shopping Arcade, Visitor Parking, Water Storage, Wifi.

Want to buy your first  home? Get These Things Check Beforehand
Are you a first-time home buyer? Then you must be in a state of confusion with regards to lots of  things like Developers Background,Developers Background, Land Record,Flat’s Carpet Area,Location and Neighbourhood,Check Accessibility,Check Accessibility,Hidden and Additional Charges,Check Payment Plan,Associated Banks You have to check , and many other things. However, in order to avoid last-minute hassles or any future consequences, rechecking all the above things is quite important. So, here’s a checklist which first-time homebuyers must follow to avoid any kind of discomfort and insecurity:

Check Developers/Project Background
It’s easy today for a developer to enter into insolvency, but it’s not easy for a first-time homebuyer to put their hard-earn money into the stressed project. So, it’s better to check the background of the developer beforehand. To do this, one can easily check all the details of the developer of the RERA website. In order to enhance transparency in the Indian real estate sector, the government has made it mandatory for all the developers to enter their information on the RERA portals.

Land Record:
The land on which your Building/flat is built is very crucial. You must research about the soil quality and topography of the land on which the house is constructed. The plot should also be clear of all dues and be registered. Before buying a house, the title deed must be verified and checked in detail. The deed gives all details on the rights, ownership and obligations towards the property.

Flat’s Carpet Area:
Usually, a property’s area or the super built-up area that is listed is the entire area including shafts, elevator space, stairs, thickness of walls and others. However, carpet area is the actual area within the walls of the flat. This are can be 30 per cent lesser than the built-up area or the area used to calculate the price of the property. In some cases, when a floor is shared between two owners, the price of the common spaces are 

Location and Neighbourhood
After checking all the major property related documents and background, it’s time to check the locality and neighbourhood of the project. Always pay a visit to the site location where the project is being developed. Check infrastructural developments like roads, electricity, and water supply, banks and ATMs, grocery stores, local markets, etc. Also, check the property prices in the neighbourhood areas like the cost of the same size and configuration housing unit. This will help you in understanding that if the developer is charging more from you on similar properties.

Check Accessibility
Whether you are single working professional or have a family, it’s important to check that the project's accessibility from major areas, hospitals, entertainment centers, office spaces and above all public transportation systems like buses, metro, railway, airport, etc. The project should not be located on a deserted place where even the basic amenities are quite far.

Hidden and Additional Charges:
Ensure that all the clauses of the documents are read in detail and penalty clauses be understood. The builder is required to pay you a monthly penalty in case you do not receive the flat’s possession within the grace period. Additional expenses such as GST, stamp duty, home loan processing fee, registration charges and all other charges should also be kept in mind.

Check Payment Plan
For a first-time home buyer, it is very important to carefully select a proper payment plan which does not cost them financially. Today, in order to woo customers, developer’s offers attractive payment plans like construction linked, down payment, flexi payment offers, and possession linked plan. But, avoid falling into these traps and research carefully before you opt in any plan.

Associated Banks
In case you are opting for a home loan, do check whether any bank is associated with the property or not. These days due to strict regulations and norms, many banks avoid giving loans to beleaguered developers. So, don’t fall into traps of such developers.

Buying a house is one of the biggest steps in your life, however you must remember each of these points before you seal the deal.

Legal Documents are required to buy property in India .

After lots of searching, comparing and negotiating you came to a conclusion and finalized your deal. The first step after the deal is to find an answer to the question - what documents are required to buy property in India ?.

Probably most of the buyers don’t get the right documents. Even more not having complete documents property owners or buyers leads to a struggle at the time of selling property. In fact, most of the buyers and Property owners are not aware of each documentation. It plays an important role in the purchasing process, as original or not and sometimes the requirement of documents varies from case to case in each state

There is a list that might be considered as a checklist of documents required to buy a property.

Sales Deed or Checklist of Documents for buying Property

This is the main legal document required which admits the ownership of any property. Below all it refers to the transfer of ownership in favour of Property buyer from Property seller/Owner . For the reason that it’s called legal proof for ownership of property.

• Mandatory
• Original
• Property Buy

Khata Certificate and Extracts

Khata is an account registration as a record in the local municipal office to confirm construction of property , finally as approved plan.

There is two kind of Khata as below

Certificate– It is a mandatory document for registration of new property after paying all taxes. Therefore Khata certificate will need to be present as the name mentioned as owner of the property only. Hence not for any member of the family.

Extracts– This is another document, refers as detail of property as registered format contains name, size, purpose of property (residential/commercial), assessment land.

• Mandatory
• Original
• Property Buy
• Home Loan Possession Letter

These documents buyers need to have , with a set of date when possession would have been handed over from the developer. Therefore the original copy of this document needs to be in front of the bank while applying for a loan.

Property Tax Receipts

The owner has legal bound to pay tax on property. Similarly that’s why owners make sure that none of the tax pending should be with concerned property before purchasing it . Also tax receipts are also considered as legal ownership of property.

Payment Receipts

The documents required if anyone is buying new property so ask for the original receipt and if the property on resale asks for a copy of the receipt.

Occupancy Certificate

Certainly local authorities ask developers to make sure that property is finally ready to handover as a result of the sanctioned plan.

Encumbrance Certificate

This document shows that there is no pending mortgage or legal due with property . It is one of the key documents which is mandatory for loan approval for the property also . Form 15 needs to have when property is in encumbrance and even that Form 16 needs to have when no encumbrance with property.

Completion Certificate

Finally , this document admits construction of the project is according to approved plan and needs to come in front of the bank when applying for home loan.

Other Documents Required To :

Building plan sanctioned by statutory authority

Most noteworthy , NOC from electricity /pollution department board

Other Necessary Documents

• First of all building plan sanctioned by statutory authority
• NOC from electricity /pollution department board
• Supplementary agreement/ Rectification deed
• Allotment Letter
• Sales agreement between seller and owner
• Finally Construction agreement
• Demand letter from vendor before disbursement
• Own contribution receipt along with the bank statement
• NOC from Society/building associate
• Valuation report from chartered engineers/architect
• Approved plan of construction/extension & license for construction
• Conversion order/Betterment Charges paid receipt
• Sanctioned layout approval
• Deed of declaration
• Latest electricity bill

Note : if You have any Quiry regarding Docomentation call- +919811471907 Free assistance.

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Haryana Approves Gurugram Metro Connection From HUDA City Center to Key areas

The total length of the corridor shall be about 28.80 km, consisting of 27 elevated stations with six interchange stations involving a cost of Rs 6,821.13 crore, an official statement read more ........

CHANDIGARH: To provide metro rail connectivity to the residents of old Gurugram, the Haryana government on Thursday accorded approval for a final detailed project report (DPR) of metro rail connection from HUDA City Centre to various important locations in the industrial city.

The total length of the corridor shall be about 28.80 km, consisting of 27 elevated stations with six interchange stations involving a cost of Rs 6,821.13 crore, an official statement said after a cabinet meeting was chaired by Chief Minister Manohar Lal Khattar in Chandigarh.

"This link would start at HUDA City Centre (Gurugram) and move towards Sector 45, Cyber Park, District Shopping Centre, Sector 47, Subhash Chowk, Sector 48, Sector 72A, Hero Honda Chowk, Udyog Vihar Phase 6, Sector 10, Sector 37, Basai village, Sector 9, Sector 7, Sector 4, Sector 5, Ashok Vihar, Sector 3, Bajghera Road, Palam Vihar Extension....and finally merge in existing metro network of Rapid Metrorail Gurugram, at Moulsar Avenue station near Cyber City," the statement said.

This Mass Rapid Transit System (MRTS) project will connect maximum parts of Gurugram city. It will interchange with MRTS corridor at Subhash Chowk, with a bus stand at Sector 10, with a railway station at Sector 5 and with the Rapid Metro at Moulsar Avenue station.

The MRTS corridor at Subhash Chowk will interchange with the yellow line at HUDA City Centre and provide direct connectivity to a large part of Gurugram with Delhi.

It will also interchange with Regional Rapid Transit System stations at Hero Honda Chowk and Sector 22 and provide connectivity up to Sarai Kale Khan, New Delhi on one side and on Shahjahanpur, Neemrana and Behror (SNB), Rajasthan on the other side.

These linkages will enhance the efficiency of the transportation system in the National Capital Region (NCR), it said.

In another cabinet decision, the state government has decided to give honorarium to the retirees of the government aided schools, who retired between July, 28, 1988 to May 10, 1998 through the scheme to be called Pt. Deen Dayal Upadhyaya honorarium scheme.

As per the decision, a retired principal will get an honorarium of Rs 20,000 per month, headmaster will get Rs 18,000 per month, and lecturer will get an honorarium of Rs 16,000 per month while masters including of Hindi, Punjabi, Sanskrit and Urdu will get Rs 14,000 per month.

Junior basic teachers, drawing teachers/physical training instructors, cutting and tailoring teachers will get an honorarium of Rs. 12,000 per month.

      Builders get extension to complete pending projects in Noida till Dec 2021

According to the zero period policy, announced last December, builders will be exempted from paying penal interest on outstanding land dues for the number of years their projects were stuck.

NOIDA: The Noida Authority on Tuesday extended the deadline for over a dozen builders to complete the pending projects here by December 31, 2021 under its 'zero period' policy, an official statement said. These builders had earlier assured delivery of homes by the end of June 2021.

The decision was approved during the 199th Board Meeting of the Noida Authority in the wake of COVID-19 situation.

According to the zero period policy, announced last December, builders will be exempted from paying penal interest on outstanding land dues for the number of years their projects were stuck.

However, the policy was applicable to those builders who were expected to provide homes by June 2021. The state government had expected one lakh new housing units to be constructed by that time.

"...the developers who have given written assurance to complete their pending projects by December 31, 2021, have been given an extension till December 31, 2021 from June 30, 2021 as part of the zero period policy. 16 (land) allottees have been issued letters for giving written assurance regarding completing the incomplete projects by December 31, 2021," an official press note stated.

The board also approved the annual budget of the authority, which has set a target of Rs 5,037 crore in revenue and Rs 4,640 crore budgted for expenditure for the current fiscal 2020-21.

The expenditures include expenses on land acquisition, development works, repair and maintenance of health and urban infrastructure, village development, miscellaneous expenses, among others, the statement said.

In the budget, the funds have been enhanced from Rs 600 crore to Rs 1,000 crore for land acquisition, and from Rs 106 crore to Rs 125 crore for village development, it added.

The board meeting was chaired by Alok Tandon, commissioner of infrastructure and industrial development, and chairman of three different authorities of Gautam Buddh Nagar.

Noida Authority CEO Ritu Maheshwari, Greater Noida Authority CEO Narendra Bhooshon and Yamuna Expressway Authority CEO Arun Vir Singh, among others, attended the meeting.

Altogether 37 agendas were put forth during the meeting besides 15 proposals for board's approval, it said. The 198th board meeting was held in April.
 

NEW DELHI : Google has signed a lease deal with flexible office space operator Simpli Work for a 4,50,000 sq ft area in Gurgaon to expand its operations, people in the know said.

“The office will have a lockin period of three-four years, opposed to over five-seven years in a conventional office building,” they said, requesting not to be named. The facility, which can seat at least 4,000 people, will become operational in 2020, they said.

US-headquartered Google is looking for more office space to be able to tap into the local market and engineering talent. It is close to signing a deal for a 1.2 million sq ft office space in Bagmane RIO in Bengaluru through a longterm lease.

Earlier this year, the firm had taken up 5,00,000 sq ft of space in Bagmane Capital. The company is also looking to expand in Hyderabad, where it occupies 4,00,000 sq ft in Knowledge Capital.

Simpli Work refused to comment. An email query sent to Google seeking confir-mation went unanswered.

“Many large companies are looking at flexible management spaces for the short term to expand, as these firms do not have to spend on capex. It is beneficial in terms of risk and timeline,” said one of the persons cited earlier. This move is expected to push up demand for flexible office spaces by six times to 35% of all office space requirement globally in the next three years, up from just about 5% now.

Currently, Google has four offices in India, including its country headquarters in Hyderabad and the recently-acquired 1,00,000 sq ft office space in the First International Financial Centre.

India is an attractive destinations for MNCs looking for high-value work and talent pool. Firms are looking at 50% conventional space on an over 10-year lease. Separately, 30% space will be on flexible model and 20% in a co-working environment, as per Knight Frank.

NO conversion charges for commercial plots in Delhi

Rajender Sharda, who heads the GK-I M-Block market traders’ association, said that those who have already paid conversion charges should get a refund or the amount should be adjusted in floor area ratio.

NEW DELHI: In a major decision that would benefit large number of shops in local shopping centres (LSC) in areas such as Greater Kailash, Defence Colony, South Extension etc, the Delhi Development Authority (DDA) in its meeting on Thursday provided exemption from conversion charges to shops that were originally auctioned as purely commercial properties.

“DDA wanted to bring an amendment earlier in which shops using upper floors for commercial use had to pay conversion charges. However, when the proposal was put in the public domain, many people objected to it, saying the plots on which these shops are built were already commercial and upper floors were only used for residential purposes temporarily,” a senior DDA official said. “These plots were originally sold as commercial plots at a premium and the lease deed mentions that. Such shops wouldn’t have to pay conversion charges,” he said.

“There is, however, another category of shops, such as those in Sarojini Nagar and Khan Market, where upper floor was originally approved as residential. These shops will have to pay conversion charges,” he said.

“Shops in LSCs in Defence Colony and South Extension were sold as commercial plots at premium rates, and residential activity was allowed for a limited duration. Those who had paid premium commercial rates shouldn’t be made to pay conversion charge,” said Rajinder Malik, president of Defence Colony market association.

Rajender Sharda, who heads the GK-I M-Block market traders’ association, said that those who have already paid conversion charges should get a refund or the amount should be adjusted in floor area ratio.

Another important decision taken in the meeting, which was chaired by Delhi LG Anil Baijal, was the exemption from some statutory clearances for household industries. Household industrial units with maximum nine workers and 11 KW power operating in residential areas and new industrial units of the similar type would not need to take mandatory statutory clearances from labour and Industries departments and Delhi Pollution Control Committee (DPCC), with the condition that no polluting industrial units will be permitted as household industry.
 

Haryana to conduct drone-survey of revenue estates for online record

The officers have been asked to complete the survey of the 242 shortlisted villages of populated areas by October 2, this year.

Haryana government has directed the officers to conduct a drone-survey of populated areas and the revenue estates so that people can get an online record of the ownership rights of their property.

The officers have been asked to complete the survey of the 242 shortlisted villages of populated areas by October 2, this year.

On the occassio of Gandhi Jayanti, Prime Minister Narendra Modi would be declaring one village in every district of the country as Lal Dora-free and will distribute deeds as well. However, Haryana aims to ensure that 11 villages from each district, which means in all 242 villages, are Lal Dora-free by October 2.

Deputy chief minister Dushyant Chautala, who also holds the portfolio of department of revenue and disaster management, confirmed this while presiding over the review meeting of the officers related to 'Haryana Large Scale Mapping and Ownership Project' (HaLSMP) at Chandigarh on Tuesday.

On the progress of drone survey, the deputy CM was apprised that in addition to the said 242 villages, drone survey has been completed in eight other villages and the remaining works are being done at a fast pace. In addition, data-processing has also been completed in 214 villages.

It was also informed that maps of 123 villages have been handed over to the district administration. On being informed that due to rough weather some drones started malfunctioning, the deputy CM instructed the officers concerned that the additional drones be sought and the work should be completed at the earliest.

Dushyant instructed the officers of the Survey of India (SOI) that along with the populated areas, revenue estates should also be surveyed so that ownership rights of every inch of land are verified. This will benefit the people of the state as they will be able to access digital records of their land at any time and will also save time and resources. He said that as per the agreement signed between the Survey of India (SOI) with the Haryana government, drone survey will secure the limits of villages, city and revenue estates, while ensuring there is no encroachment of any kind. He said that this will bring about transparency in the system.
 

DLF Founder

Founded in 1946 by Chaudhary Raghvendra Singh, DLF started with the creation of 22 urban colonies in Delhi. In 1985, the company expanded into the then-unknown region of Gurugram, creating exceptional living and working spaces for the new Indian global professionals. Today, DLF is the largest publicly listed real estate company in India, with residential, commercial, and retail properties in 15 states and 24 cities.

Our diverse verticals reflect our dedication to developing ecosystems for India’s changing needs. But our foundation has always been our employees, our customers, our stakeholders, and our shareholders. We invest in spearheading innovation through empowerment and optimism, in order to build the foundation of India’s future on the legacy of our past.

Reason To Invest : Real Estate Vs Stock Market

Posted on August 31, 2020 by aakash in Buyers Guide, Gurgaon Property Insights, Investment, Location, Market Updates, News, Real Estate, Sales
Investing in something is a big deal. The investor needs to have a thorough knowledge on the sectors in which he is ready to invest. The choice to put resources in real estate or stocks is an individual decision that relies upon your investing limit, objectives, and investment risks. Real estate and the stock Market have different opportunities and risks. Real Estate requires examination, cash and time. In any case, it gives an easy revenue stream and the potential for significant appreciation. Stocks are liable to advertise, financial, and inflationary dangers, however don’t need a major money infusion, and they by and large can be effectively purchased and sold.

In case you’re planning to invest in Real Estate Gurgaon, you will need to spare and put down a considerable measure of cash. While investing in real estate you gain physical land or property. Real Estate Investors bring in cash by gathering rents (which can give a consistent pay stream) and through gratefulness, as the property’s estimation goes up. Additionally, since Real Estate can be utilized, it’s conceivable to grow your property regardless of whether you can’t stand to pay money altogether.

Real Estate Gurgaon is engaging on the grounds that it is a substantial resource that can be controlled, with the additional advantage of expansion for some real estate investors. Investors who purchase property own something concrete for which they can be responsible. Purchasing property requires more beginning capital than putting resources into stocks, common assets, or even land venture trusts.

Nonetheless, when buying property, speculators have more influence over their cash, empowering them to purchase a more important venture vehicle. Real Estate Gurgaon that produces month to month rental pay can increment with expansion even in a lease controlled territory, which offers an extra favorable position. Another thought is charges arising due to selling the venture.

How Coronavirus Affects the Indian Real Estate Industry

Coronavirus that started in Wuhan, China has infected more than 400,000 people across the globe and claimed more than 20,000 lives so far. The World Health Organization (WHO) was quick to declare it a global pandemic and instructed countries to take effective measures to tackle the situation, social distancing being the most important one.

While COVID-19 has collapsed even the healthcare systems of the most powerful countries, it has equally affected the global economy. In India, PM Modi has declared a 21-day lockdown that is going to severely impact many businesses. In the midst of this virus outbreak, the Indian Real Estate Industry also cannot be spared from the downfall. So, let us see how Coronavirus affects the Indian Property Market.

Construction Material Imports from China will be Affected

India has been a heavy importer of construction material and electronic equipment from China. Though we are the second largest producer of steel, our production capacity is still not enough to fuel the high demand across the country. This is why we were dependent on the Chinese Imports for our steel and other construction needs. And now, with the COVID-19 situation, these imports will be largely impacted. The prices of construction material like steel, heavy equipment, fibre elements, electronic equipment, etc. is going to shoot up which will directly affect the profits of the developers.

Festive Season will not be the Same, This Year

Navratri, Gudi Padwa and Akshay Tritiya are almost here. NDuring this period, a number of real estate consultancies and even the developers would have started rolling out their festive season offers. Although a lot of offers can still be availed, the overall demand is low because investors are losing confidence in the market amid the COVID-19 outbreak. Most of the homebuyers and investors are from the salaried class. They are not sure about the future of their jobs and hence the demand is skewed.

New Project Launches will See a Fall

Since the developers are not sure about the liquidity of their current projects, they are likely to hold back on the new launches. The market would see a fall of 15 to 20 percent in the number of new launch projects. Developers who have already made a soft-launch of their projects are already incurring loss as they have spent a substantial amount on the marketing front.

Impact of Coronavirus on Commercial Real Estate

Commercial real estate that comprises office spaces, retail spaces and the hospitality sector will also be largely impacted. It can mainly be attributed to the skewed imports from China. However, with the prices going down, there would be a segment of investors who are likely to put their money in it and take the risk for a higher profit down the line.

Bottom Line

In case of any virus outbreak, every industry takes initial hit but previous records show that the market has recovered in a better way and the same can be expected with Coronavirus as well. We suggest the buyers and investors not to panic and hope for the best. The situation will surely improve with time. 

118 Chinese Apps including PUBG Mobile Banned in India  

PUBG Mobile banned in India
The Ministry of Information and Technology bans more Chinese apps including popular PUBG Mobile in the country on Wednesday. This time the government has banned 118 China-based apps.

Apps and after: China’s growing naval muscle will have to be jointly countered

In another strike on Chinese apps, government has banned 118 fresh entities for engaging in activities prejudicial to the sovereignty and integrity of India. In the latest round, the biggest casualty appears to be PUBG, the world’s most lucrative mobile game whose largest subscriber base is in India. At a time when India and China continue to face off at the border in eastern Ladakh, the curb on Chinese apps is both a security imperative preventing data leakages, and a strong message to Beijing that it can’t be business as usual.

New Delhi’s moves could, however, trigger a response from Beijing, not necessarily confined to aggressive moves along the LAC. China has all-round capabilities, and is adept at using an all of national power approach to bully neighbours. It could launch cyberattacks, for which New Delhi should be prepared. Its navy has rapidly expanded to become the largest in the world – with 350 warships to the US’s 293. As per a Pentagon report, China is actively trying to set up military logistics facilities in countries from Myanmar and Thailand to Pakistan, Sri Lanka and UAE. India could soon find itself surrounded by the Chinese navy.

Countering China at sea is therefore the big challenge next to resisting Beijing’s designs at the LAC. In this regard, India must immediately ask for regular naval exercises with the Quad grouping and other nations – including the UK, France, Vietnam etc – to balance China. Additionally, it must strengthen its force projection capabilities in the Andaman and Nicobar Islands, from where it can exploit China’s ‘Malacca Dilemma’ and retain the option to choke Beijing’s energy supplies in case of war. The high seas are the new grounds of powerplay. India and likeminded nations must coordinate to check China here.
 

The IT Ministry stated in an official press release that the Chinese apps have been “banned under the section 69A of the Information Technology Act read with the relevant provisions of the Information Technology Rules 2009 and in view of the emergent nature of threats has decided to block 118 mobile apps since in view of the information available they are engaged in activities which is prejudicial to sovereignty and integrity of India, defence of India, security of the state and public order.”
 

Here’s the list of all 118 Chinese apps that have been banned in the country.

1. APUS Launcher Pro- Theme, Live Wallpapers, Smart
2. APUS Launcher -Theme, Call Show, Wallpaper, HideApps
3. APUS Security -Antivirus, Phone security, Cleaner
4. APUS Turbo Cleaner 2020- Junk Cleaner, Anti-Virus
5. APUS Flashlight-Free & Bright
6. Cut Cut – Cut Out & Photo Background Editor
7. Baidu
8. Baidu Express Edition
9. FaceU – Inspire your Beauty
10. ShareSave by Xiaomi: Latest gadgets, amazing deals
11. CamCard – Business Card Reader
12. CamCard Business
13. CamCard for Salesforce
14. CamOCR
15. InNote
16. VooV Meeting – Tencent Video Conferencing
17. Super Clean – Master of Cleaner, Phone Booster
18. WeChat reading
19. Government WeChat
20. Small Q brush
21. Tencent Weiyun
22. Pitu
23. WeChat Work
24. Cyber Hunter
25. Cyber Hunter Lite
26. Knives Out-No rules, just fight!
27. Super Mecha Champions
28. LifeAfter
29. Dawn of Isles
30. Ludo World-Ludo Superstar
31. Chess Rush
32. PUBG MOBILE Nordic Map: Livik
33. PUBG MOBILE LITE
34. Rise of Kingdoms: Lost Crusade
35. Art of Conquest: Dark Horizon
36. Dank Tanks
37. Warpath
38. Game of Sultans
39. Gallery Vault – Hide Pictures And Videos
40. Smart AppLock (App Protect)
41. Message Lock (SMS Lock)-Gallery Vault Developer Team
42. Hide App-Hide Application Icon
43. AppLock
44. AppLock Lite
45. Dual Space – Multiple Accounts & App Cloner
46. ZAKZAK Pro – Live chat & video chat online
47. ZAKZAK LIVE: live-streaming & video chat app
48. Music – Mp3 Player
49. Music Player – Audio Player & 10 Bands Equalizer
50. HD Camera Selfie Beauty Camera
51. Cleaner – Phone Booster
52. Web Browser & Fast Explorer
53. Video Player All Format for Android
54. Photo Gallery HD & Editor
55. Photo Gallery & Album
56. Music Player – Bass Booster – Free Download
57. HD Camera – Beauty Cam with Filters & Panorama
58. HD Camera Pro & Selfie Camera
59. Music Player – MP3 Player & 10 Bands Equalizer
60. Gallery HD
61. Web Browser – Fast, Privacy & Light Web Explorer
62. Web Browser – Secure Explorer
63. Music player – Audio Player
64. Video Player – All Format HD Video Player
65. Lamour Love All Over The World
66. Amour- video chat & call all over the world.
67. MV Master – Make Your Status Video & Community
68. MV Master – Best Video Maker & Photo Video Editor
69. APUS Message Center-Intelligent management
70. LivU Meet new people & Video chat with strangers
71. Carrom Friends : Carrom Board & Pool Game-
72. Ludo All Star- Play Online Ludo Game & Board Games
73. Bike Racing : Moto Traffic Rider Bike Racing Games
74. Rangers Of Oblivion : Online Action MMO RPG Game
75. Z Camera – Photo Editor, Beauty Selfie, Collage
76. GO SMS Pro – Messenger, Free Themes, Emoji
77. U-Dictionary: Oxford Dictionary Free Now Translate
78. Ulike – Define your selfie in trendy style
79. Tantan – Date For Real
80. MICO Chat: New Friends Banaen aur Live Chat karen
81. Kitty Live – Live Streaming & Video Live Chat
82. Malay Social Dating App to Date & Meet Singles
83. Alipay
84. AlipayHK
85. Mobile Taobao
86. Youku
87. Road of Kings- Endless Glory
88. Sina News
89. Netease News
90. Penguin FM
91. Murderous Pursuits
92. Tencent Watchlist (Tencent Technology
93. Learn Chinese AI-Super Chinese
94. HUYA LIVE – Game Live Stream
95. Little Q Album
96. Fighting Landlords – Free and happy Fighting Landlords
97. Hi Meitu
98. Mobile Legends: Pocket
99. VPN for TikTok
100. VPN for TikTok
101. Penguin E-sports Live assistant
102. Buy Cars-offer everything you need, special offers and low prices
103. iPick
104. Beauty Camera Plus – Sweet Camera & Face Selfie
105. Parallel Space Lite – Dual App
106. “Chief Almighty: First Thunder BC
107. MARVEL Super War NetEase Games
108. AFK Arena
109. Creative Destruction NetEase Games
110. Crusaders of Light NetEase Games
111. Mafia City Yotta Games
112. Onmyoji NetEase Games
113. Ride Out Heroes NetEase Games
114. Yimeng Jianghu-Chu Liuxiang has been fully upgraded
115. Legend: Rising Empire NetEase Games
116. Arena of Valor: 5v5 Arena Games
117. Soul Hunters
118. Rules of Survival

TOP 3 LOCALITIES TO INVEST IN GURGAON REAL ESTATE

Gurgaon is a city of millennials and millennials are the driving factors for investors to invest in any property. The city of Gurgaon offers a wide variety of property in Gurgaon with lot of scope for getting returns and this is also an added reason why investors seek for this city. The city is huge and is full of opportunities. Investors must have thorough knowledge of the localities so that they could fetch the best returns from the investments they have made. Here are some localities of Gurgaon that are considered to be the best to make an investment in Gurgaon Real Estate.

Sohna Road Gurgaon

Sohna Road is located in the South of Gurgaon and is the fastest progressing locality. The number of inhabitants in the area has been quickly developing lately, from its vicinity to different organization workplaces close to Sohna Road. Occupants could reach out for the necessary accesses, such as hospitals and schools. Sohna Road has developed as an exceptionally advantageous neighborhood offering the simple everyday environments and openings for work opportunities. Many Shopping malls are available within the locality. The people living in this locality makes Sohna Road a perfect place to live. Properties in Sohna Road are made accordingly to the inhibits. Commercial property in Gurgaon too have great opportunity to bloom in the area of Sohna Road

Dwarka Expressway or Northern Peripheral Road (NPR)

One of the most looked for after residing purposes in Delhi-Gurgaon is Dwarka Expressway. Dwarka Expressway covers territories like New Palam Vihar, Bijwasan and Kherki Daula. The development of underpasses and flyovers alongside new lodging ventures have been approved by the government. Dwarka Expressway, otherwise called Northern Peripheral Expressway, is a notable and favored area because of its nearness with Delhi. Because of the improved network and accessibility of good foundation, the region around the expressway is offering a steady advancement in Real Estate Gurgaon.

Golf Course Extension Road

Golf Course Extension Road is full of life anytime of the day. The chirpiness of this locality makes Golf Course Extension Road a perfect place to set up Real Estate projects. This locality has nearness to the worldwide air terminal, metro network and private undertakings are on the whole making this region a speculator’s fantasy area to possess a house here. Encircled by top notch educational institutes, cafés, bistros, shopping malls, markets and health canters this region is the first choice to make profitable investments by the investors.

SBI Offers Up to Two years Repayment Relief for Home & Retail Loans

The moratorium period can be extended by a maximum of 2 years, India’s largest lender said Monday, setting the tone for other banks, specially PSU players.

State Bank of India will provide relief to home and retail loan borrowers impacted by Covid-19 in the form of either a moratorium of up to 24 months or by rescheduling instalments and extending the tenure by a period equivalent to the moratorium granted.

The moratorium period can be extended by a maximum of 2 years, India’s largest lender said Monday, setting the tone for other banks, specially PSU players.

In line with RBI’s one-time relief, the scheme is available to borrowers who had availed of a home loan before March 1, 2020 and were regular in repayments until the Covid-19 lockdown.

But the borrowers will have to demonstrate that their income has been hit because of the pandemic.

“For the purpose of restructuring, the bank will depend entirely on the customer’s assessment of when they expect their income to be normalised or to get employed,” said SBI managing director C S Setty said while announcing the scheme.

The country’s largest lender has been the first to roll out a protocol for restructuring loans of retail borrowers who were affected by Covid-19. Other lenders including HDFC and ICICI Bank are expected to follow suit before the end of the month.

To facilitate borrowers to understand their eligibility for restructuring, SBI has launched an online portal to enable borrowers check their eligibility for all retail loans. This includes home, education, auto, and other personal loans.

The restructuring will give breathing space for a borrower until their income is normalised or they get re-employed. Also, they will not be classified as defaulters or non-performing assets. The downside is that the bank will charge 35 basis points extra as interest since the RBI needs them to set aside additional provisions for these loans. This means that despite initial relief over the tenure of the loan, the borrower will end up paying more than on a regular loan without

“We have put in place a scheme for restructuring and it is available to borrowers through our internal portal. We have also intimated borrowers but don’t expect much of traction for restructuring given the inquiries,” said Rajkiran Rai, MD & CEO, Union Bank of India.

HDFC Bank has put in place a facility to submit online applications. The bank has said that it will report the loan to the credit bureau as ‘restructured’ and as per norms, all loans availed will be classified as restructured even if only one loan is being restructured.

“The dues for the moratorium period can be capitalised. Or else it will be very strenuous for the borrower to repay. Capitalising the dues will reduce the pressure on the borrower and we are also working on this by elongating the term of the loan,” said Siddhartha Mohanty, MD & CEO, LIC Housing Finance. He added that even if the loan term is extended, typically home loan borrowers end up pre-paying their loans by seven to ten years.

Borrowers who access SBI’s portal for restructuring will still have to visit the branch as a ‘wet signature’ is required for the loan document to be reworked. The portal will however take care of all the queries of the borrower. “It is not an end-to-end process but it will reduce the need for customers to visit branches especially during this time of Covid,” said Setty.

The Leaf
The Luxury Address of New Gurugram.
Above All Else.
✅ Pay Only 20% on Booking, Possession in 2021
✅ Forest inspired landscape & ample green open space
✅ Luxurious club life
✅ 2, 3 & 4 BHK Luxury Homes
✅ Starting Price Rs. 1.09 Cr.* 
✅ Located in Sector 85, Gurugram  

40% properties for sale in The Leaf lies in range of ₹1Cr - ₹1.2Cr. 2 Bhk is the most common room configuration in this project and accounts for approximate 48% of all the properties on sale.There are 19 properties of 2 BHK available for sale in price range of ₹1.09 Cr- ₹1.18 Cr while 12 properties of 3 BHK available for sale in price of ₹1.61 Cr.

SS The Leaf Located in the sector 85 of Gurgaon, the leaf has been built in one of the most posh locations and is also in proximity to leading shopping malls and other recreational centers. Although it is not far from the main facilities, it is away from the chaos and pollution of the city. The location is thus absolutely perfect for a residential township or complex.

There are some unique facilities such as Flower Gardens,Indoor Squash & Badminton Courts,Meditation Area present in The Leaf compared to other projects present in Sector 85 .

DLF Limited presents a limited release of luxury independent floors for a discerning few who seek privacy and privileged living. A rare opportunity to own your own independent home, nestled in the heart of DLF City Phase 3, Gurugram.

Exclusive low-rise luxury floors

Presenting a limited release of luxury residences for a discerning few who seek privacy and privileged living. A rare opportunity to own your own independent home, nestled in an intimate enclave in the heart of DLF City, Phase - 3, Gurugram.

Attractive location

Independent floors in DLF City Phase 3 - heart of Gurugram, are accessible from both NH8 and MG Road with Moulsari Avenue metro station and DLF Cybercity in close proximity. Retail options with premier social destinations at DLF Cyber Hub and MG Road are only a short drive away.

Crafted for your convenience

The units are efficiently planned to carve out most usable areas. Each room is well lit and ventilated.

Covered car parking at the stilt level entrance with lift and staircase lobby and CCTV cameras provide a secure and comfortable experience.

"Location, location, location" is a common mantra in real estate. And it's good advice—except for one thing: Most people have no idea what it really means.

A good location can signify different things to different people, of course, but there are also objective factors that determine a home's value. Depending on your personal needs and preferences, you may not be able to buy a home with all of these factors. And that's OK. After all, a home is much more than just an investment. However, the next time you're shopping for a new property, keep the following factors in mind.

KEY TAKEAWAYS

• Location is key to valuable real estate. Homes in cities that have little room for expansion tend to be more valuable than those in cities that have plenty of room.
• Consider the accessibility, appearance, and amenities of a neighborhood as well as plans for development.
• A lot's proximity to things like busy roadways and community centers may make it less desirable for resale.
• Acreage often trumps the quality of a house since land tends to increase in value.

Lohri is primarily celebrated in the Punjab region of the Indian subcontinent by Sikhs and Hindus. Each year, the festival is observed on the night before Makar Sankranti, in accordance with the solar part of the lunisolar Bikrami calendar.

Date:

This year, the mid-winter festival is being observed on January 13, 2021.

History and significance

There are several tales surrounding the origin of the Lohri festival. A few accounts attribute the origin of the festival to the Himalayan mountain region where the winters are colder than the rest of the country.

After weeks of harvesting the Rabi crop, people would gather around a bonfire and celebrate the passing of the winter solstice and the promise of the coming spring season. The festival is also dedicated to the sun deity, Surya, as on this day the devotees expect it's returning after the cold winter days and ask it for warmth and sunshine.

Another legend attributes the celebration of Lohri to the tale of ‘Dulla Bhatti’ who was a local hero of the Punjab region and during the reign of Akbar, worked as a saviour of the people. He famously saved a group of young girls from being sold into slavery.

His deeds have been passed down as a legend and are deeply inculcated in the Punjabi folklore. On Lohri, ‘Dulla Bhatti’ is celebrated and various songs and dances are performed in his honour.

Every year, January 26 is celebrated in India to commemorate the day when our constitution came into effect back in 1950. 

This day is observed with festivities that take place in the national capital, New Delhi, with a mammoth parade that is watched by everyone around the country on their television sets. It is a moment that is engrained in our childhood and even now, a lot of us don't want to miss this. 

However, this year this day will witness muted celebrations due to COVID-19. The number of people attending the event has been shortened and it is being made sure that all safety precautions are taken care of. 

While that is happening, many have questions about the day. Right from the chief guest this year to the how's and why's about the date. Not only that, people are always curious about its history.

Therefore, here are the answers of some common FAQs that are related to this very day.

Without further ado, here is a look at some of them.

Who is the Chief Guest at the Republic Day this year?

Every year, a distinguished personality from another country is cordially invited to attend the parade on Republic Day. However, due to COVID-19, there will be no such guest gracing everyone with their presence. In 2020, Brazilian President Jair Bolsonaro was invited. 

Why is Republic Day celebrated on January 26?

It is a very well known fact that our country had attained independence on August 15, 1947. However, the constitution was brought a year later. On August 29 of the same year, a drafting committee was formed to deliberate over what this will entail. The Constituent Assembly had adopted the constitution on November 26, 1949, and it was on January 26 in 1950, when the country was declared the Sovereign Republic. 

Interestingly, on this day back in 1929, the Indian National Congress had also passed the Declaration of Indian Independence from the British rule, also known as 'Purna Swaraj.' Therefore, January 26 was chosen for these reasons. 

What can a property buyer do to fix maintenance issues?

Maintenance issues continue to plague many high-rise societies. Poor building construction quality and faulty fittings are across many such societies in India. Buyers need to perform pre-possession due diligence before buying.

A high-rise society offers a bundle of amenities within its premises to residents. Be it security, lifts, uninterrupted water and electricity supply or other facilities such as a park or a gym to give a sense of comfort to residents.

For residents to continue enjoying these services, maintenance plays a vital role. Without efficient maintenance, it becomes difficult to sustain services for which one buys a house in a housing complex.

Across India, maintenance agencies are hired to take care of the upkeep of a housing society. A facility manager oversees and ensures that everything is working fine and services are not hampered.

However, the quality of maintenance often remains a key issue of dispute between the builder and buyers. In case a society fails to upkeep the maintenance what exactly can residents do?

Joseph Reddi, senior vice president (Operations), Knight Frank India, suggests, “Pre-possession inspection is very important. First time the developer checks it and then when it is ready for handover everything related to construction related defects, fire fittings and other installations need to be checked. Snags like small holes or cracks are bound to be there, but fundamentals related to construction quality cannot be ignored”.

“If the construction quality is not good or there is a design defect then even the facility management can’t do much. Because of that, there are tussles between the agency and residents. So, buyers should do due diligence before possession,” explained Reddi.

Completion Certificate and Occupancy Certificate are two important approvals that a society has to take before possession is offered to residents. However, residents of several housing societies complain of faults in the fire equipment, lifts, common area facilities and other issues.

Abhilash Pillai, partner, Cyril Amarchand Mangaldas says, “Regulators are supposed to inspect the buildings and ensure it is fit for occupation before giving a completion or occupancy certificate. These certificates have a disclaimer that under law we do not have any liability towards this building. Hence, even regulators are not enforcing this properly. Consumers are forced to take possession as and when they are offered.

The RERA legislation talks about five years structural defect warranty but this still needs to be tested and evolved by the courts. Buyers should inspect the building before taking possession and ask the builder to correct any defect they find. Those who have taken defected possession can go to consumer courts and seek redressal of their issues”.

A south-India based company conducts home inspection during the buying process and prepares a report for buyers before the house is occupied or possession is accepted.

Sudhindra Naib, CEO, HomeInspeKtor, explains, “We prepare a 360-degree inspection report of the house and check flooring, blemishes, electrical and plumbing fittings etc. To determine the house quality, we have thermal cameras to check the moisture within the wall which cannot be seen with naked eyes. The house inspection report contains photos, issues and a to-do list which a buyer can take to the developer and ask him to fix it. Several developers in Bengaluru have welcomed this report and are ready to rectify the defects after seeing the report.”

A faulty inspection by regulators at the time of giving approvals lead to bigger problems at later stages. A faulty construction creates problems for residents who ultimately end up in legal forums to get these addressed. This is a common problem across many cities in the country. Buyers’ awareness is vital to inspect a building they are going to inhabit and get the same inspected before accepting possession. One can do it themselves or if possible, hire an expert to check the quality of the building.