Gurugram Emerging As Expat’s Favourite Realty Destination
The automotive industry is based in Gurugram. As a result, Gurugram has become one of the most popular expat destinations. Gurugram offers custom-designed homes with cutting-edge features that attract people from neighbouring states and South Asian countries such as China, Japan, and South Koreans. Gurugram has established itself as a thriving real estate centre in […]
What’s hot in Gurugram’s commercial real estate? Shop-cum-offices!
The turning tide in economic forces, coupled with the foresightedness of Grade A developers and acute business preferences are pivoting towards a much sought-after commercial real estate asset class – Shop Cum Office (SCO). This concept infuses retail and commercial usage plots with a thematic spin, that is, freedom to offer customisations, with all basic […]
Developers Unanimous About Growth In The Residential Segment To Peak In 2023
Leading realty players in Gurugram are optimistic that the growth in the Indian residential segment will peak in 2023, as outlined in the recent ANAROCK report. A revival in consumer sentiment, accelerating digitisation and initiatives by developers will play a pivotal role in shaping the growth trajectory. The report predicts housing sales to be more […]
Real Estate Developers Offering Flexible Revenue Share To Retailers At Malls And High-streets
Real estate developers are cutting operational costs such as common area maintenance in order to reduce burden on retailers impacts due to the COVID19, according to industry experts. Developers are also renegotiating their leasing arrangements and business models to sustain the momentum. “The negotiations between retailers and investors have improved and increased significantly post-pandemic. At […]
Cloverleaf Interchange: Gurugram Civic Body Offers Land To Nhai
The Municipal Corporation of Gururgam (MCG) on Friday asked the National Highways Authority of India (NHAI) to take charge of a small plot near Kherki Daula thus paving the way for a cloverleaf interchange that will connect the Dwarka Expressway with the Southern Peripheral Road (SPR). The Municipal Corporation of Gururgam (MCG) on Friday asked […]
Covid Pandemic Ignited A Boom In Commercial Real Estate Sector, Investment Becomes A Safer Option For Buyers
The unprecedented pandemic has shaken the whole world, and the industrial economy has been worst affected. The experts and market watchers had predicted a drop in the commercial real estate sector after the impact of COVID-19. In contrast, all those predictions seem to be proven wrong, because the commercial real estate market has seen a positive bounce […]
Gurugram Property Prices Set To Rise
Buyers of commercial and residential property in Gurugram will have to shell out more, with the Gurugram Bench of the Haryana Real Estate Regulatory Authority (HRERA) imposing registration and processing fee on promoters for the registration of new real estate projects. Now, a registration fee of Rs 10 per square metre will be levied in […]
Gurugram Developers To Push For Technology To Meet Global Standards
The Indian real estate business – both commercial and residential – has been aggressively adopting technology to create better customer experiences for quite some time. With the COVID-19, the digital revolution has only accelerated. We’ve seen a few flashes of this digital change during the last 12 months. Recently, PropTiger, India’s premier digital real estate […]
Real Estate Sentiment Upbeat Post The Second Wave Of Pandemic
The pandemic’s second wave has altered the future mood of real estate investors in the country. Thanks to a significant decline in Covid cases since May 2021, there’s an upsurge in new launches and we’re witnessing good sales. On the macroeconomic level, the rate of recovery shows a significant pick-up. Stakeholders’ outlook on the overall […]
Housing Sales in 2023 Expected at 3.17 Lakh Units: Anarock
India’s residential real estate market is expected to repeat one of its top performances in 2023 with housing demand projected to scale 3.17 lakh units — the third highest since 2013. In 2013 and 2014, around 3.19 lakh and 3.43 lakh residential units, respectively, were sold across the top seven cities. However, it is unlikely […]