Gurgaon-Based Real Estate firm M3M Reduces Debt by More than Rs 400 crore in Jan-March Quarter
Gurgaon-based real estate developer M3M group has retired its debt by Rs 418 crore during the January-March quarter of the financial year 2020-2021 by repaying loans of banks and other financial institutions, the company said. The group had earlier set a target of repaying Rs 200 crores till March 2021 but the fast collection of […]
India’s Real Estate Market Witnesses Private Equity Investments of $3,241 Million in Q12021
The sustainability of revival in investor sentiment will depend on how soon the second wave of infection subsides and the pace of vaccination, the report said. Indian real estate attracted private equity investments of $3,241 million across 19 deals in the first quarter of 2021 period. Of the total PE investments in real estate, the […]
Revamp Plan Revised, SPR to Now have More Flyovers, Underpasses
The Gurugram Metropolitan Development Authority (GMDA) has revised its proposal for the redevelopment of Southern Peripheral Road (SPR) with an increased cost of Rs 400 crore. The new proposal has also replaced the underpass at the junction of the road and Golf Course Road with a flyover, as it is in a low-lying area and […]
Dwarka Expressway to Re-imagine Realty Prospects in New Gurgaon
The connectivity is set to go several notches higher with the inauguration of the first urban expressway in 2022. Bolstered by strategic connectivity and infrastructural developments, New Gurgaon has emerged as the realty hotspot over the past few years. The connectivity is set to go several notches higher with the inauguration of the first urban […]
New Gurgaon: The new growth corridor of National Capital Region
Dotted by towering skyscrapers, plush malls, tech-enabled office spaces, top-notch entertainment and recreation options, Gurgaon has rightfully earned the distinction of the Millennium City. Over the years, it has emerged as the new business capital and the hub for next-generation startups. It indeed is looked upon as the epitome of commercial development, especially in the […]
Gurgaon Real Estate Alert! Now, Buyers have to Spend more for Gurugram Properties – Here is Why
Buyers property in Gurugram now will have to spend extra money while purchasing properties in upscale condominiums, licensed colonies and builder floors at the Haryana Shahari Vikas Pradhikaran (HSVP) sectors. The district administration has increased the circle rates for 2021-22, which come into force from Thursday. The rate of an upscale condominium like DLF Aralias, […]
Covid-19 effect on Real Estate: With Work From Home an option, Vacation Homes near Big Cities get Popular
Covid gave a fresh lease of life to the otherwise flat market for vacation homes in India as a growing number of NRIs, HNIs and high-income professionals are exploring luxury pads within driving distance of metros and nearby holiday destinations such as Lonawala, Panchkula, Alibaug, Panjim, Karjat, Kasauli, Shimla and Dehradun, among others. Covid gave […]
Five NCR Markets witness Uptrend in Prices of Residential Properties
Five markets in the national capital region (NCR) have seen an increase of 1.6-3.4% in prices of residential properties, the highest year-on-year climb since 2017, according to a research by Anarock Consultants. These markets, which saw an uptrend in average prices in the first quarter of 2021 compared with the year-ago period, include Greater Noida […]
RBI Holds Repo Rate at 4% Amid Covid-19 Surge
The Reserve Bank of India (RBI) kept interest rates steady at record lows on Wednesday, as widely expected, sticking to its accommodative monetary policy amid concerns that rising COVID-19 infections could derail the country’s nascent economic recovery. The MPC voted unanimously to keep monetary policy unchanged as long as necessary to sustain growth, Governor Shaktikanta […]
Fractional Ownership Giving a Boost to Commercial Real Estate
Fractional ownership in commercial property has given an opportunity to retail investors to invest smaller sums in India’s booming commercial real estate market. If this pandemic has accomplished anything, it has forced us to reconsider how we make financial decisions, especially how we save and invest. As if wage cuts and layoffs weren’t bad enough, […]