Dlf Sells 551 Independent Floors In Gurugram For Over Rs 1,200 Cr
Realty major DLF Ltd has sold 551 luxury independent floors in Gurugram since October last year for over Rs 1,200 crore and is planning to launch more such residential units this fiscal to encash strong demand, a senior company official said on Sunday. In an interview with PTI, DLF Home Developers Ltd Senior Executive Director […]
Ashiana Housing Buys 22 Acre Land In Gurugram To Build Residential Project
Ashiana Housing had bought a 22 acre land parcel in sector 93, Gurgaon from Ramprastha Group in a deal valued at over Rs 200 crore. The land located in Gurgaon will be used to develop a high-rise children-centric residential project. The land with a development potential of 21 lakh sqft will mark Ashiana Housing’s foray […]
Shapoorji Pallonji Housing Platform Joyville’s Property Sales Double
Business conglomerate Shapoorji Pallonji’s housing platform Joyville sold properties worth around Rs 1,100 crore in the last financial year, double from the previous year, on strong demand for its apartments amid low-interest rates on home loans, a top company official said. Joyville, which is a Rs 1,240 crore platform established by Shapoorji Pallonji, ADB, IFC […]
Gurugram Most Livable City In Covid Times Due To Strategic Connectivity, Sound Infrastructure
India witnessed a promising start to 2021 until the COVID-19 pandemic derailed the road to recovery. The pandemic has underscored the significance of well-being and maintaining a harmonious balance with nature. It has also reaffirmed the significance of owning a home as opposed to living in rented accommodation with insecurities. According to a report by […]
5 Years of RERA: Have Home Buyers Benefited from Orders Passed by State-Wise Authorities?
The delay in implementation of RERA by some states also means that the benefit of the law is not available to home buyers in those states. By Mani Gupta and Santosh Pandey The 5th anniversary of the introduction of Real Estate (Regulation and Development) Act, 2016 is an opportune moment to assess whether, and to […]
Haryana Government Grants Relief to Real Estate Developers; to Treat Period from April 1 till May 31 as ‘Zero Period’
This decision by the Haryana cabinet will help ease the financial burden and make good some of the losses incurred during the first quarter, say real estate developers In a major relief to the real estate sector and considering the two-month disruptions caused by the second wave of COVID-19, Haryana cabinet has decided to consider […]
DLF Expects High Consumer Interest for Luxury Residential, Low-Rise Projects
DLF will open bookings for its flagship premium residential project, Midtown in central Delhi, by October 2021. The project is currently under construction and is close to its other luxury offering, Capital Greens. The DLF management, in its post-earnings call on June 12, said the company is very optimistic about Midtown and bookings will open […]
DLF Expects Growth Cycle in Residential Markets to Continue in the Long Run
Realty-giant, DLF stock was under pressure on Monday despite the company posted a consolidated net profit of Rs480.94cr for the quarter ending March 2021 (Q4FY21) against a loss of Rs1,857.76cr a year ago same period. Consolidated revenue from operations increased by 1.1 per cent year-on-year to Rs1,712.57cr in the quarter under review. DLF said that demand in […]
What’s in a Real Estate Project’s Name? A Lot – if it Conjures Images of the Pandemic
Homebuyers are likely to favour advertising that plays on keywords like ‘open spaces,’ ‘wellness’ and ‘self-contained,’ which have had appeal even before the Covid-19 outbreak Back in 1992, when a developer in Gurgaon launched his real estate business, he ended up naming his company Corona. He had reposed trust in the Latin word, which meant […]
DLF aims at 30% Growth in Sales Bookings to Rs 4,000 cr During FY22; to Launch 8 mn sq ft Area
The company will launch various projects, comprising 8 million square feet of saleable area, to tap the growing demand for residential properties, especially those built by trusted developers Realty major DLF aims a 30 per cent jump in its sales bookings to Rs 4,000 crore this fiscal, as the company expects a rise in housing […]