NBCC planning to expand Gurgaon Project

It’s good news for people looking for cheaper homes in Gurgaon. National Building Construction Corporation, who had earlier announced 800 apartments for Gurgaon, is all set to expand their project here.
According to NJ Singh, Senior General Manager, NBCC, “We have received around 21,000 expression of interest (EOI) applications, which is 26 times the available number of flats.”
The PSU has planned Pent Houses in Gurgaon apart from several apartment options of two, three, four and five bedroom apartments within the price band of Rs 25-45 lakh.
“If we start processing the applications at this stage, very few people will be getting allotment in this scheme. With an intention to satisfy the need for maximum number of applicants, we are in the process of acquiring more land in Gurgaon,” said Singh.
Moreover, the Election Commission’s Code of Conduct in effect, some permissions and approvals are getting delayed.
The country’s largest PSU in building sector is planning to come out with formal project details by June next month.

Raisina Residency project voted the best

Tata Housing’s Raisina Residency in Gurgaon’s sector 59, built on the theme of Art and Culture, has won the CNBC Asia Pacific Property Awards 2009 for best development marketing in Residential category. This award is the Asia Pacific edition of the International Property Awards, the industry’s most prestigious award programme globally.
On being successful at the Awards, Brotin Banerjee, Chief Executive Officer and Managing Director, TATA Housing said, "It gives me immense pleasure to receive these awards. The awards are a testimony to the high standards and expertise of TATA Housing to develop landmark projects in the country.”
The International Property Awards are split into regions covering America, Asia Pacific, Europe & Africa, Arabia and UK and the participants enter at their relevant national level. Each region then have winners in prescribed categories under given parameters and the highest-scoring winners from each region are automatically entered into the overall International Awards, which ultimately determine the world's finest property companies.
TATA Housing as an award winner in the Asia Pacific Property Awards, 2009, are invited to attend a glittering awards dinner for the Asia Pacific Region on July 16, 2009 where the star ratings for the projects would be announced.