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Strong tremors of an earthquake were felt across Delhi NCR at 04:35 pm. Offices across the cities saw employees rushing out and gathering on the road. The epicentre of the earthquake is reported to be Northern Pakistan. Tremors have been felt in Punjab, Haryana, Chandigarh, Himachal Pradesh and Jammu region. Pakistan state of Peshawar, Islamabad, Indian Meteorological Department has confirmed that the magnitude of the earthquake was 6.3 on richter scale. Here's what IMD said in its tweet Earthquake of Magnitude:6.3, Occurred on:24-09-2019, 16:31:58 IST, Lat:32.9 N &amp; Long: 73.7 E, Depth: 40 Km, Region: Pakistan - India (J &amp; K ) Border region <div type="twitter" handle="Indiametdept" handlename="India Met. Dept." image="http://pbs.twimg.com/profile_images/719820340617195520/9kkoUL6x_normal.jpg" favoritecount="81" retweetcount="76" status="Earthquake of Magnitude:6.3, Occurred on:24-09-2019, 16:31:58 IST, Lat:32.9 N &amp; Long: 73.7 E, Depth: 40 Km, Region:… https://t.co/ro76D6uZnd" createdat="1569324231000" id="1176457211251281920"></div>

Earthquake tremors felt in North India at 4:35 pm today, epicentre in Northern Pakistan

These days, developers are coming up with projects that are hard to resist. So, while <a href="http://www.businessinsider.in/Should-you-buy-a-new-or-pre-ownedflat/articleshow/50742990.cms">buying a property</a>, especially in the Delhi-NCR region, one has to be cautious about the location of the <keyword id="6354516" type="ORGANIZATION" weightage="20" keywordseo="property">property</keyword>. BI India lists down a few ‘risk-prone’ zones of Delhi NCR property market that one should be careful about before investing in projects there. 
	 
	“Various issues like delays in delivery, oversupply, speculation and infrastructure deficit have been plaguing these <a href="http://www.businessinsider.in/Should-you-buy-a-new-or-pre-ownedflat/articleshow/50742990.cms">markets</a>, rendering them unsuitable for first-time home purchase,” said Santhosh Kumar, CEO, Operations &amp; International Director, JLL India. 
	 
	Greater <keyword id="47896" type="COMPANY" weightage="20" keywordseo="Faridabad">Faridabad</keyword> 
	 
	This location comes in the list because of issues such as litigated land parcels, delayed delivery issues and a high incidence of broken promises by developers. “Although property prices here were always affordable, this market has seen the lowest appreciation in entire NCR. Everything that can possibly go wrong in a buyer-developer relationship has done just that in this area of NCR,” said Kumar. 
	 He also noted that the infrastructure development has not been in sync with the residential growth in this region. “Neither the improved connectivity to Delhi via the national highway nor the under-construction metro or new highway to <keyword id="6361586" type="COMPANY" weightage="20" keywordseo="Gurgaon">Gurgaon</keyword> have changed the realty fortunes of this corridor,” he added. 
	 
	It should be noted that Greater Faridabad has witnessed <a href="http://www.businessinsider.in/Heres-why-investing-in-new-under-construction-homes-is-a-better-idea/articleshow/48371771.cms">delayed deliveries</a> by small-developers as well as by a few established builders. Kumar also said that there have been cases of developers running away with home buyers’ money after selling under-constructed flats to innocent buyers. 
	 
	“On other cases, buyers have been allotted / shown plots on a map or in a particular location but getting physical possession of plots altogether different from the ones initially agreed upon. In a variant of this scam, buyers were not allotted any plots at all or were saddled with plots not included in any master plan, and bereft of the authorities’ approvals,” pointed out Kumar. 
	 
	Noida Extension 
	 
	“The primary issue impacting this location’s viability as an investment destination is the oversupply of residential units. With 1.5-2 lakh units slated to hit this market, prices are unlikely to appreciate much. Many land acquisition issues involving local farmers have sullied the market here over the last few years. The ensuing delays and litigations, resulting higher compensation being paid to farmers for their land, has also decreased overall affordability,” he said. 
	 
	Also, this place is expected to be susceptible to earthquakes, considering high-intensity tremors were felt in NCR. “Rampant construction is also observed in neighbouring Noida. As both these areas are situated on the Yamuna river belt, they have more river soil than areas like Gurgaon. With increased seismic activity, it is important for buyers to additionally check if zoning and structural laws are being properly followed here and if the project is earthquake-resistant,” noted Arvind Jain, managing director of Pride Group. 
	 
	 The NH-24 stretch in Ghaziabad 
	 
	Although Ghaziabad has several launches lined up and good options in affordable housing and township projects are available, price appreciation will largely be driven by its future industrial growth. Also, its viability as a residential destination will depend significantly on infrastructure deployment. 
	 
	A six-lane expressway has been proposed, but that can easily take more than five years to be built. Currently, there is a major bottleneck for traffic at Indirapuram, and residents commuting here will have to face daily traffic congestion. End-users should only consider moving here if commuting under such conditions is acceptable, and investors should factor in a protracted investment horizon for any appreciable payoff. 
	 
	Gurgaon 
	 
	A general advisory for end-users and investors interested in this area. Kumar issues advisory for home buyers, who want to buy a property in this region. “Check the status of construction in the identified project, as delays in delivery are commonplace – and it is not only smaller, anonymous developers who are involved. Also, keep away from pre-launches. Instead, look for bargain buys when investors exit. At that point of time, construction will be closer to completion or completed, and Gurgaon is witnessing distress sales from investors,” suggested Kumar. He added, “Several subvention schemes popular these days actually require payment of more money upfront, and the prices per square feet are also higher if one opts for these. The agreements tend to be restrictive, and there is risk of getting stuck with one <keyword id="142327" type="PERSON" weightage="20" keywordseo="developer">developer</keyword> and project. The interest rates as also the terms and conditions of the developer’s chosen bank must be agreed upon.”

Buyers’ Alert: Are you investing in these markets? It’s time to rethink

Chandigarh, Apr 13 () Haryana Chief Minister Manohar Lal Khattar on Monday praised the role of NGOs during the times of crisis and expressed hope that they will contribute in a big way in the fight against coronavirus. He said that government and various other agencies are putting in their best efforts to control the spread of coronavirus "but whenever there have been natural calamities like floods, earthquakes or this new type of pandemic, the role of NGOs at such times is appreciable". In a televised address to the people of Haryana, in which he updated them about the COVID-19 situation in the state, Khattar said as per rough figures, the total number of registered and unregistered "social organisations or NGOs" in Haryana was nearly 30,000. "During the times of crisis such as the present one they also put in their efforts," he said, expressing hope that they will contribute in a big way in the fight to eliminate coronavirus. He said NGOs can get in touch with Deputy Commissioners concerned and will be facilitated in whatever way they want to contribute in the present situation. Khattar informed that so far the government had distributed 90 lakh food packets and 4.80 lakh ration kits to the needy people during the lockdown period. He also said that more and more people were coming forward to make their contributions towards the Haryana COVID Relief Fund. So far, donations worth Rs 75 crore have been received, he said. Haryana MLAs cutting across parties have donated their one-month salary already towards the Fund and agreed to take 30 per cent pay cut for one year. Former MLAs and pensioners are also contributing, he said. Khattar said coronavirus pandemic has affected millions of people globally. "If I talk of our country, we are still in a safe zone where we can manage things. We have to now ensure that it does not spread in community." With Haryana so far reporting 182 coronavirus cases, Khattar said that 115 among those were the Tablighi Jamaat members. Referring to his recent video conference meeting with Prime Minister Modi, Khattar said the nationwide lockdown was expected to be extended by another two weeks and Haryana is prepared to enforce it. He again indicated that worst-affected COVID districts of Nuh, Gurgaon, Palwal and Faridabad will be placed in the red zone meaning stricter restrictions, while those with fewer cases will be placed in the "orange category" while the places where there have been no or a few cases will fall in the "green category". SUN VSD TIRTIR

Khattar praises NGOs' role during crisis, urges them to complement govt coronavirus response

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Earthquake tremors felt in North India at 4:35 pm today, epicentre in Northern Pakistan

BI India Bureau

Buyers’ Alert: Are you investing in these markets? It’s time to rethink

Purba Das

Khattar praises NGOs' role during crisis, urges them to complement govt coronavirus response

PTI

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