Joyville Sales Bookings Jump Three-Times to Rs 450 Cr in April-September
Business conglomerate Shapoorji Pallonji’s housing platform Joyville has clocked nearly three-fold jump in its sales booking at Rs 450 crore during the first half of this fiscal year on strong demand for mid-income residential properties, a top company official said. Joyville, which is a Rs 1,240 crore platform established by Shapoorji Pallonji, ADB, IFC and […]
Sohna – Emerging into a Gold Mine for Luxury Real Estate hub
Proximity to industrial and professional hubs, connectivity to Kundli-Manesar-Palwal expressway and Delhi-Mumbai expressway, planned infrastructural upgrades, and accessibility to education and health establishments have made Sohna synonymous to its name which means gold. The town derived its name from gold dust (sona), which was found in the beds of neighbouring streams after heavy rains. The […]
Moneycontrol Area Watch: Proximity to Gurugram and Affordability Make Sohna Attractive
From luxury residential projects to affordable and senior living projects, you can choose from various options at Sohna in NCR at half the price of Gurugram. Over the last two decades, Gurugram (earlier Gurgaon), a suburb of the National Capital Region (NCR), has transformed and is now expanding beyond the old and New Gurugram areas. […]
Trehan Group Sells 120 Luxury Floors in Gurugram This Festive Season
Realty firm Trehan Group claims to have sold 120 luxury floors in Gurugram during the festive season as homebuyers preferred quicker deliveries, quality construction, and amenities. The fourth floor with terrace was the most sought-after property, said the company, which is still flooded with inquiries for independent floors from prospective homebuyers. The company has announced […]
Two Projects of Smartworld Developers Clock Rs 2000 Cr Sales within 2 Weeks of launch
The company is targeting 2.5 crore sq ft of project development and plans to invest Rs 8000-10,000 cr in developing residential projects in Gurugram. Within two weeks of launch, Smartworld Gems and Smartworld Orchard — two offerings by Smartworld Developers — have clocked combined sales worth Rs 2,000 crore. Smartworld Developers plans to invest Rs […]
Housing Prices May Rise 10-15% If Rates Of Construction Raw Material Not Controlled: Credai
Realtors’ apex body Credai on Tuesday expressed concern over an increase in the rates of cement and steel during the past one year and said housing prices could rise 10-15 per cent if the prices of construction raw materials do not fall. The industry body demanded that the government should take measures to control the […]
M3M India to Reduce Debt by Rs 500 Crore by FY 2022
Realty developer M3M plans to reduce debt by nearly Rs 500 crore by the end of FY 2022, Pankaj Bansal, Director, M3M India said. The company has repaid loan of Rs 418 crore in Q4 FY 2020-21 ahead of its target of Rs 400 crore and is confident of clearing the balance liabilities by March […]
Is It Good Time To Invest In Real Estate?
Low interest rates, stable prices and festive season loan offers are some of the reasons which make it right time to invest in real estate. But should you buy residential or commercial real estate? Interest rates have been at record low levels since March 2020 when the Reserve Bank of India slashed rates to support […]
5 years of Demonetisation: Have Things Changed for Real Estate?
It cannot be said that cash components have been entirely eliminated from the market. However, they have become a far less influential factor driving property purchases. Real estate experts say that a permanent solution involves revising circle rates frequently and promoting electronic registration of properties. Demonetisation was perhaps the first Black Swan event witnessed by […]
M3m Soulitude Residential Project Crosses Rs. 1000 Crore Sales Within The First Week of Its Launch
M3M, India’s leading real estate developer, has registered phenomenal success through its new project – M3M Soulitude. Within the first week of launch of the project the Company has registered a robust sales of over Rs. 1000 crore. Speaking on the announcement, Pankaj Bansal, Director, M3M India said, “We are quite pleased with the response […]