Homebuyers’ Preferences & Choices have Completely Transformed in Pandemic Times: Vivek Singhal, Smartworld Developers
In an exclusive interview, Vivek Singhal of Smartworld Developers talks about the latest trends in the realty market and shares his business outlook. The Year 2022 started on a high note for the real estate industry as major excitement has been witnessed on both sides of developers and buyers. The pandemic recovery is enhancing buyers’ […]
FY 23 is The Year for Real Estate Market Boom
The sector is now on the mend with shifting trends suggesting it is once again on the investor radar Strong and positive momentums are expected to continue prevailing in Indian real estate in the financial year 2023 (FY 23) backed by the solid structural foundation, gain in demand, and lowered home loan rates. By all […]
Growing Demand For Plots In Gurugram
In the micro markets of Gurugram, plots seem to be the hot favourite for investors —be it residential or commercial, especially post pandemic, feel experts Gurugram continues to be one real estate market that offers products and price points that appeal to and attract buyers across segments. The city continues to attract investors and homebuyers […]
How Women are Now Changing the Face of Real Estate in India
From property consultants, channel partners and agents to leading multinational real estate development firms, women are leading the Indian realty sector to scale new heights. As India enters a new era of economic growth, the Indian real estate sector, contributing 6% to the national GDP, has become the country’s second largest employer. However, in this […]
Housing Launches Highest in Seven Years in April-June 2022 : Report
New launches of real estate projects in top eight residential markets in April-June 2022 was highest in seven years and registered 28% Q-o-Q and 368% Y-o-Y increase, according to a report by Australia headquartered REA backed PropTiger. 1,02,130 units were launched in the second quarter as against 79,530 in the preceding quarter across India’s eight […]
Long Road to Revamp, Gurugram Unlikely to See New-Look Southern Peripheral Road Before 2025
The redevelopment of Southern Peripheral Road (SPR), which will include the construction of eight flyovers, footpaths and cycle tracks, is likely to be complete only by mid 2025. According to GMDA officials, chief minister Manohar Lal Khattar — who is also the chairman of the authority — gave his approval for the project last week, […]
Plan for Palam Vihar-Dwarka Metro to be Ready by Mid-July
The detailed project report (DPR) for the metro line between Palam Vihar and Dwarka Sector 21, Delhi, is likely to be finalised by mid-July, according to the Haryana Mass Rapid Transport Corporation (HMRTC). A senior HMRTC official said the draft DPR was presented to chief minister Manohar Lal Khattar on May 18. The CM […]
Work on key link road to start in July
The Municipal Corporation of Gurugram (MCG) next month is likely to start constructing a 1.2km stretch, linking Tulip Chowk to Sohna Road, to provide relief to thousands of residents living in the new sectors of the city, according to officials of the civic body on Wednesday. Last week, the civic body’s finance and contract committee […]
Mantri Plan to Link 2 Key Junctions with Elevated Road Gets CM Manohar Lal Khattar’s Nod
The project to revamp the road between the Hero Honda Chowk and the Umang Bhardwaj Chowk, already delayed by around three years, may see further setbacks, with the GMDA deciding that it will build an elevated road instead of the earlier plan to introduce a flyover apart from other interventions. The Gurugram Metropolitan Development Authority […]
Pandemic, Changing Consumer Preferences Boost Demand for Plotted Developments
Following the pandemic, a rise in the demand for plots has been witnessed across India’s top cities owing to homebuyers’ consciousness about health, well-being, and lifestyle requirements. Plotted developments have emerged as the latest realty trend in India and not without reasons. Homebuyers are warming up to plotted developments at present due to the versatility […]