Krisumi Waterfall Residences Enters the 100 Crores League in Q3
Krisumi Corporation, India’s first Indo-Japanese real estate joint-venture has recorded sales worth INR 175 crores between September to November 2021 on 84 units of its maiden project, Waterfall Residences. The company has posted a 300% growth in the last three months in contrast to the sales performance in September to November last year on the […]
Office Leasing to Grow by 30–35% in 2022 : Experts
Office space leasing is expected to grow by 30–35% next year, property consultants said, on the back of demand seen over the last few months. Despite the Omicron variant of Covid-19 threatening to derail recovery, they believe commercial leasing is well on track to reach pre-pandemic highs by 2023. “Overall, we estimate net absorption to […]
Independent Floors Emerging as Most Sought-After Residential Assets Post COVID-19
The COVID-19 pandemic has re-imagined the way we live, work and play. Amid the extended work from home scenario, our homes have emerged as the fulcrum of our daily activities. COVID-19 has also reaffirmed the significance of a home as a safe address and stable asset class instead of living in rented properties. Purchasing a […]
DLF Midtown: Delhi’s First Luxury Township set to Launch Soon
Delhi Land and Finance (DLF) group, one of the most reputed and established commercial builders of the country, has recently announced the launch of their dream project DLF one Midtown. This exclusive, uber-luxurious 5-star apartment is all set to become a new attraction of Central Delhi and open to booking and allotment on a first […]
Housing Sales To Hit Pre-Covid Level In 2022; Rates May Go Up 5-10%: Report
Housing sales are likely to reach pre-COVID level in the next year while rates may appreciate by 5-10 per cent during 2022, according to property consultant Anarock. “The Indian residential real estate market seems to have embarked on a long-term upcycle, and 2022 is very likely to fare better than 2021. With COVID-19 now having […]
Buying an Under-construction Property? Here’s What You Need to Know
An under-construction property can offer flexibility in home design and attractive payment methods. But if things go wrong, you might just have to wait for years to get possession of your dream home. Glossy full-page advertisements, flexible payment plans, schemes, freebies and decorated sample apartments are among the lures real estate developers use to attract […]
Smart World to Invest Rs 1,200 Crore in Developing 2.8 Million sq ft in Gurgaon
Smart World Developers will invest Rs 1200 crore in developing 2.8 million sq ft of residential space spread across two projects in Gurgaon, its CEO Vivek Singhal told ET. The approval process of the projects is already on and construction is expected to begin in the next 2-3 months. “These two projects will be the […]
Apartment Living vs Independent Floor Living: What would Suit You?
The Indian real estate industry is at the cusp of disruption, with customer-centricity and personalisation redefining the landscape. The sector is set to witness an exponential growth riding on the trifecta of strong policy support, a mechanism that provides the last-mile-funding for developers and a reduction of stamp duty and registration fee in some states […]
Demand for Homes in Gated Communities on the Rise
Demand for holiday homes and independent floors and villas that are part of a gated community is on the rise as prospective buyers look for managed common amenities offering healthy lifestyle and safe environment. Developers and property consultants said buyers are prioritising safety and convenience in the event of a lockdown. They are also looking […]
Developers Sculpting the Dream Homes in Gurugram
Gurugram has been gleaming with the trust of renowned developers for more than a decade. The charm of the millennial city has captivated business giants, industry leaders, ex-pats, and entrepreneurs. The presence of international business centres, global IT clusters, industrial knots, and a skyline that shines with premium residential spaces make the city indelible. Globally […]