Should you Invest in Under-Construction Properties to Get High ROI in 2022-23?
There is no denying the fact that a couple of years gone by has instilled a sense of insecurity in the minds of realty investors. However, that reluctance was short-term and the industry is looking at a full-scale recovery. Despite this, there remains a dilemma as to which property type is better? Ready-to-move-in or the […]
Repo Rate Hike: How Real Estate Developers Reacted
The hike in repo rate of 50 BPS by RBI has evoked a mixed bag of feelings in the real estate sector. While most concurred with the RBI’s thrust on controlling inflation they also opined that it would impact the buyers who had begun to show a renewed interest in investing in the realty as […]
Gurugram: Tests Begin, Sohna Elevated Road project in Final Lap Now
The 21km-elevated Road, meant to provide seamless connectivity between Gurugram and Sohna, is expected to be fully operational by June 30, with officials saying they have begun tests on the 9km-portion for which construction has been completed. Officials of the National Highways Authority of India (NHAI) said on Sunday they are carrying out “road testing” […]
JMS Group Acquires New Land at Sohna Road for Plotted Development
After the successful launch of its two plotted development projects in Gurugram, the JMS Group has announced the acquisition of another parcel of land in the adjoining Sohna Road. “We have acquired 15-acres of land from the Haryana Government and plan to develop residential projects under Deen Dayal Jan Awas Yojana (DDJAY),” says Pushpender Singh, […]
What makes Gurgaon a Hotbed for Realty Investments?
Gurgaon has always been an attractive property investment destination in Delhi-NCR, and the demand is soaring in recent years. The city was projected as a poster boy for an IT city since the country opened its economy to international investments. With the highest per capita income, optimal connectivity, and upscale infrastructure, the millennium city has […]
Dwarka Expressway Emerging as the New Realty Hotspot
Being at the forefront of a booming property market, Dwarka Expressway is all set to become NCR’s next prime real estate nexus. The residential projects in this prestigious and high profile locality have been recently witnessing a surge because of its strategic location, matchless connectivity, and state-of-the-art infrastructure. This area has become a magnet for people […]
How are Millennials Changing the Indian Housing Market?
The pandemic has transformed the way we live and communicate. A significant segment of people who have been impacted is millennials. An integral part of the workforce, their purchasing habits impact the real estate sector as they are diligently investing in the Indian housing market. Read on to know the reasons behind this consumer behaviour. […]
Increased Cost of Borrowing to Impact Cost of Construction, to Put Pressure on end-users: Developers
A majority of realty consultants and developers have welcomed the RBI move to tame inflation. However, they fear that the rate hike will ultimately make home loans costlier, impact buyer sentiment and hit residential sales. As widely expected, the RBI increased the repo rate by 50 bps to 4.9% on Wednesday, which was imminent in […]
Gurugram: Trial Run this Week to find flaws at Mahavir Chowk Underpass
A trial run of the underpass at the Mahavir Chowk intersection to connect the Old Delhi Gurugram Road and the Bus Stand Road will be held this week, officials said on Sunday, adding that a portion of the revamp project is likely to be completed in July. Apart from the underpass, the project includes construction […]
Gurugram: Revamp for 5km Stretch that links Vatika flyover, Pataudi Road by December
The Gurugram Metropolitan Development Authority (GMDA) has started repairing a five-km link between Pataudi Road and NH-8 and is likely to complete the work by December. The stretch lying between the Vatika Chowk flyover on NH-8 and Pataudi Road serves as a dividing road for sectors 82A and 83; sectors 82 and 83; sectors 84 […]