New Gurugram: The New Growth Corridor of NCR
Currently, more than 25,000 families have moved in and day-by-day more are shifting to this location which has developed into a cosmos for young families looking for a great lifestyle. The burgeoning real estate sector has always remained an investor’s favorite. Although the lucrativeness had declined over the past few years, however, the recent lockdowns […]
Gurugram Luxury Housing Market Will Be First Is Line To Be Impacted By Hike In City’s Circle Rates
The hike may dampen end-user and investor sentiments, which had begun to revive in 2021 despite the pandemic The hike in Gurugram circle rates – minimum prices at which the sale or transfer of a plot, built-up house, apartment, or commercial property can take place – made at the start of the year will ramp […]
Circle Rates go Up: Pay More For Land or Home in Gurugram
Homebuyers planning to capitalise on the pandemic flatness in the market and buy properties in upscale condominiums of the city will have to set aside a higher budget. The government has approved an increase in circle rates for the current year, which will make registration of properties more expensive in the areas where most new […]
Amazon In Talks To Lease Space At Dlf’s New Project In Gurgaon
Ecommerce giant Amazon.com is in talks with realty developer DLF to take on lease over 600,000 sq ft of office space at its upcoming project ‘Downtown Gurgaon’, three people aware of the development said. During its Q2 analysts call in October, DLF had said it will soon start construction work on 2 million sq ft […]
Rs 5 Lakh Income Tax Deduction On Home Loan Interest Is Biggest Budget Expectation For Real Estate, Homebuyers
Budget 2022 Real Estate Expectations: The real estate sector witnessed a strong comeback last year as housing sales in top cities jumped to 90% of the pre-covid levels while newly launched units reached the 2019 levels. Amid uncertainty over how the Omicron-induced third wave of the Covid pandemic may impact real estate activities, the sector […]
Buying Plots Yield Better Returns Than Investing in Apartments: Housing.com
Residential land is still a better investment than buying apartments – the latest research by Housing.com shows that plots generated higher capital returns in India. Research by the REA India owned leading full stack digital real estate platform Housing.com, found that prices of residential plots appreciated by 7 per cent (CAGR) annually since 2015 across […]
Demand For Plots And Independent Floors Stages Strong Comeback In Pandemic, Overtakes Apartments
Gurugram, Hyderabad, Bengaluru, Chennai record double-digit growth in prices for residential plots The demand for plots and independent floors has staged a strong comeback during the pandemic outstripping apartments. Prices of residential plots have clocked a compound annual growth rate (CAGR) of 7 per cent since 2015 across eight major cities, while rates of apartments […]
DLF Clocks Rs1,500 Crore Sales in ‘One Midtown’ Project in Delhi
The numbers are impressive and speak volumes of the inherent value of this project. DLF One Midtown will be an inimitable addition to the New Delhi skyline, said Aakash Ohri, group executive director and chief business officer, DLF Home Developers DLF Ltd on Tuesday said it has clocked sales of about ₹1500 crore in the […]
Budget 2022 Expectations | Real Estate May See Increased Capital Outlay, FDI Inflow And Tax Relaxations, Say Experts
However, some experts believe the upcoming Budget is expected to focus on providing a push to both affordable and rental housing as well as strengthen the existing financing system to provide liquidity to stuck real estate projects. Finance Minister Nirmala Sitharaman and her team is all set to announce the Union Budget 2022 in February. […]
NCR Sees Sales Grow by 73% YoY in 2021; Records Sales of 40,050 Housing Units
NCR comes second only to MMR in terms of housing sales during the whole of 2021. MMR witnessed housing sales of approximately 76,400 units in 2021. NCR witnessed housing sales increase by 73 percent from 23,210 units in 2020 to 40,050 units in 2021 on account of decadal low interest rates and demand for residential […]