Gurgaon Leads in Housing Sales, Noida in New Launches, Says Report
The realty sector seems to be gaining strength after the second Covid wave, with cities in Delhi-NCR boasting housing sales of 10,220 units in the third quarter this year compared to 5,210 units during the same period the previous year, as per the latest report of real estate consultants Anarock. The cities, including Gurgaon, Noida, […]
Supply of Independent Floors up in Gurugram, Faridabad
The independent floors launched from October 2020 in different phases at DLF City, Gurugram started with Rs 11,000 per square feet in October and have gone up to Rs 15,000 per square feet in subsequent launches to date, he said. Real estate developers have launched 4,500 independent floors during the January-September 2021 period in Gurugram […]
Real Estate Developers Pushing Shop-Cum-Office Plots As Another Stream For Monetisation
Real estate developers in Gurgaon and Faridabad are pushing shop-cum-office (SCO) plots as another stream for monetisation. Multiple players are coming up with new offerings ahead of the holiday season as investors shift their attention to high-street investments. Experts say that, driven by market dynamics and an aggressive push by grade-A commercial developers, shop-cum-office (SCO) […]
M3M to Launch First Housing Project on Sahara Land
Real estate firm M3M Group will launch its first residential project on a part of 185 acres of land purchased from Sahara Group. ₹1,211 crore about six years ago, said a top executive of the company. The developer plans to launch around 1,100 premium apartments in Sector 113, Gurugram within a month. The cost of two […]
DLF to Launch 35 Mn Sq/ft of New Projects in Medium Term With Sales Potential of About Rs 40,000 Cr
Bullish on demand for residential and commercial properties, Realty major DLF Ltd has identified a robust pipeline of new projects and will launch 35 million square feet area in medium term with a sales potential of around Rs 40,000 crore. In an analyst presentation, DLF mentioned that nearly 8 million square feet will be launched […]
This Festive Season will be A Boon For People Investing in Real Estate
The economic outlook for the year is positive, and the real estate market is on the verge of a speedy revival. As property prices have stabilized now, income levels are rising, interest rates have dropped and property registrations are at an all-time high. The upcoming festive season until Year end is going to be a […]
DLF’s New Bookings Jump 77%; Super Luxury Camellias Project Clocks Record Sales
Real estate major DLF today reported a 77 per cent surge in its new bookings for the July-September quarter backed by renewed demand for residential homes. New bookings for quarter stood at Rs 1,512 crore — up from Rs 853 crore in the corresponding quarter last year. DLF Camellias — a super luxury project in […]
Eldeco Raises Rs 275 Crore from Tata Capital Housing Finance
The fund infused by TCHFL will focus on Eldeco’s 2 residential mid-income projects in Noida and Gurgaon. Eldeco Group has raised Rs 275 crore in debt from Tata Capital Housing Finance Ltd (TCHFL), wholly owned subsidiary of Tata Capital Ltd. Eldeco Group plans to deploy the capital raised for mid-income residential projects in Delhi NCR. […]
Elan Group Partners with BL Kashyap and Sons Ltd. for The Construction of Its Project Elan Paradise
Elan Group has partnered with BL Kashyap and Sons Ltd. – a premium construction, infrastructure and engineering company for the construction of its project – Elan Paradise. Elan Group has awarded construction contract worth INR 62.15 crores to BL Kashyap and Sons Ltd. Located in the heart of Gurugram in Sector 50, Elan Paradise is […]
Smart World Developers to Invest Rs 3,000 cr in Two Low-Rise Projects in Gurgaon
The projects to be launched in November would comprise low rise condos priced Rs 75 lakh to Rs 1.5 crore and is targeted at millennials. Real estate firm Smart World Developers plans to invest close to Rs 3,000 crore for two residential projects spread across 6 mn sq ft in Gurugram. In the long-term, the […]