Residential Realty Gets a Boost from The Ultra Rich
A new generation of self-made ultra-rich Indians is investing in the country’s residential real estate, according to a study by property consultant Knight Frank. About 29% more of India’s ultra-high-net-worth individuals (UHNWIs) purchased a residential property in 2021 compared with the previous year, Knight Frank said in its report. Entrepreneurs are increasingly investing in second […]
Dwarka Expressway: Transforming Gurgaon & NCR’s Real Estate Landscape
Gurgaon and the real estate industry in Delhi-NCR are about to undergo a profound transformation with the completion of Dwarka Expressway on August 15, 2022, which had over the years gained popularity as a high demand real estate corridor in NCR and Gurgaon in particular. Nitin Gadkari, Union Transport and Highways Minister, announced last year […]
Share of Independent Floors in Total Housing Launch in Gurgaon reached 74% in 2021: Report
Share of independent floors in the total housing units launched in Gurgaon in 2021 reached a whopping 74% as pandemic forced buyers to opt for larger living spaces. In Gurgaon, developers can construct up to four floors on a plot and sell them independently since the turnaround time for such housing units is 12-18 months. […]
Over 70% of Gurugram Residential Launches in 2021 were Low-Rise Independent Floors: JLL
Plots and villa projects recorded a launch of 2,569 units in 2020 and 2021 across Delhi NCR. As many as 74 percent of total units launched in Gurugram in the Calendar Year (CY) 2021 were independent floor units, catering to demand from higher-end consumers, according to a report by JLL. As many as 16,418 units […]
Commercial Reviva on the Cards in NCR
Commercial spaces in Gurugram continue to see large investment inflows. Read on to know the latest buzz Delhi NCR office market recorded gross leasing at 6.3 million sq ft in 2021, growing at 50 per cent YoY, indicating a clear revival in occupier confidence. It continued to build on the recovery begun in the second […]
Real Estate Market to Touch New Heights in 2022
India’s real estate sector is witnessing a healthy increase in demand in 2022 and this momentum is expected to hold for the rest of the year. From commercial spaces to the residential market, the overall market outlook is a bright one for the real estate industry. Despite pandemic exigencies, the sector has continued to show […]
Gurugram: GMDA to repair 4.6km stretch connecting with Patuadi Road near Sec 89
The Gurugram Metropolitan Development Authority (GMDA) has started reconstructing a 4.6km stretch connecting National Highway 48 at Vatika flyover in Manesar to Pataudi Road near Sector 89–which will help Delhi-bound commuters avoid congestion at the Kherki Daula toll plaza–and is expected to complete the work in the next six months, said officials in the know […]
CM Haryana Honored Signature Global Group for Developing Remarkable Real Estate Projects
India’s Leading Real Estate group, Signature Global Group received national recognition from Manohar Lal Khattar, Chief Minister of Haryana. Signature Global group received two awards at the conclave for creating remarkable housing projects under state housing policies, one for Affordable Housing and another for DDJAY. Signature Global Group’s Founder and Chairman, Pradeep Aggarwal, and its […]
After Commissioning Rs. 500 cr worth Contracts, Smartworld Developers to Cumulatively Award Rs. 1200 cr worth Contracts in 90 Days
Smartworld Developers is set to change the face of Indian realty The company is looking at Rs. 1200 cr worth contracts being awarded for its first 2 projects: Smartworld Orchard which is located at the premium location of Golf Course Road Extn and Smartworld Gems, at hot spot location of New Gurgaon, Sector 89, Gurgaon. […]
Dwarka Expressway to Drive Startups and Unicorns to Gurugram-NPR: Pankaj Bansal
The Rs 9,000 crore Dwarka Expressway Project is an access controlled expressway with a route alignment connecting Mahipalpur (Shiv Murti) in Delhi with Kherki Dhaula via New Gurgaon (Gurugram) in Haryana. It will feature 20+ flyovers and bridges, 2 rail over-bridges and underpasses, 11 vehicle underpasses, 20 underground pedestrian crossings, and a 2.5m wide cycle […]