Smartworks takes 4.8 lakh sq ft in Gurugram for annual rent of Rs 94 crore
Co-working player Smartworks has leased 480,000 sq ft in a DLF property in Gurgaon at an annual rent of Rs 94.68 crore for six years. The space is located in DLF Commercial Building Block -3 in DLF City-Phase 5, Gurgaon, according to data accessed by Propstack. The monthly rent amounts to Rs 7.89 crore or […]
With Robust Growth Of 25% In 2024, Delhi-NCR Real Estate Sector Maintains Positive Outlook For 2025
The real estate sector has overcome its challenges and continues to reach new heights year after year. According to PropEquity, India’s key property market, Delhi NCR has shown a resilient performance during the December quarter, with housing sales and new supply expected to rise 25% and 59%. The data reveals that the residential units sold […]
Luxury Housing Market Shines in 2024
Demand for lavish and luxurious housing projects remained resilient in 2024 despite a sharp surge in property prices. This particular segment defied a slowdown in economic growth as the growing tribe of high-net-worth individuals did not shy away from making big-ticket purchases. As per data issued by real estate consultant firm Anarock, housing prices rose […]
Haryana Hikes EDC by 20% for 2025, and 10% Every Year After
The Haryana government on Saturday approved the proposal to increase external development charges (EDC) of various potential real estate zones in the state by 20% for 2025, and a 10% increase every year from 2026. The decision will likely increase the cost of real estate development, which might make properties costlier for buyers. However, the […]
NCR Sees 44% Jump in New Realty Launches, Prices up 30% Too
In 2024, the Delhi-NCR real estate market saw remarkable growth, with a 44% increase in new launches and a 30% spike in housing prices, despite a 4% slump in sales nationwide. This growth positions NCR as a critical real estate hub, driven by increasing. The Delhi-NCR real estate market exhibited remarkable growth in 2024, despite […]
2029 Launch for Gurgaon Metro Corridor With 3-Coach Trains
Construction of Gurgaon Metro, the new corridor planned in the city, will begin on 1 May 2025, said chief minister Nayab Singh Saini on Tuesday, adding that the project will be completed in four years. The metro line, spanning 28.5km, will have 27 stations. The corridor will be launched with three coaches per train and […]
Signature Global Emerges as Top Developer Along Dwarka Expressway Post-pandemic: Square Yards
Signature Global has emerged as the market leader in the Dwarka Expressway region, as per a recent report by Square Yards which pegs the total annual residential new supply along Dwarka Expressway at 10,000 units per annum since 2020, compared to 5,000–7,000 new units launched per annum in the pre-pandemic period. According to Square Yards, […]
Aarize Group Announces Exclusive Christmas Carnival at The Tessoro, Gurugram
Aarize Group is thrilled to announce the much-anticipated AARIZE Christmas Carnival, an extraordinary celebration of the festive season that promises joy, entertainment, and exclusive surprises for all. The event will be held on Saturday, December 21, 2024, from 2:00 PM to 7:00 PM at the luxurious Aarize The Tessoro, Sector 114, Dwarka Expressway, Gurugram. The […]
Thakral Invests in Gurugram Real Estate Project
Singapore’s Thakral Corporation invests Rs 40 crore in a Gurugram real estate project, targeting healthcare and residential development. Singapore-headquartered Thakral Corporation Ltd is making a foray into India’s healthcare and real estate sector through a property development project in Gurugram by investing Rs 40 crore (SGD 6.37 million) as part of a partnership. Commenting on […]
Trinity Infratech – The Crucial Role of Superior Construction in Luxury Developments
Avinash Kumar Nagpal, Senior Vice President Projects at Trinity Infratech shares his views on the crucial role superior construction plays in luxury real estate. He also highlights the company’s commitment to excellence and innovative approaches to creating exceptional luxury living spaces. Avinash Nagpal has wealth of expertise and a proven track record in delivering high-profile […]