Unsold Housing Inventory: NCR Cities Down 57%, Gurgaon Down 37%
Using the unsold housing inventory as a measure of a region’s real estate market health, Delhi-NCR in North India—formerly infamous for speculation-driven oversupply and widespread market disorder—now shows a marked improvement compared to other regions. Recent data from real estate consultants reveals that Delhi-NCR’s unsold inventory has decreased by an impressive 57% over the past […]
RBI MPC June 2024: Will Your Home Loan EMIs Come Down After Today’s Repo Rate Decision?
RBI Monetary Policy Decision: The demand for the real estate sector has surged in the past few years. The sector is poised to play a significant role in the economic growth of the country. Good news for homebuyers! The Reserve Bank of India (RBI) has left the interest rates unchanged for the eighth consecutive time […]
Report Highlights Surging Property Prices in Gurugram, is It a Good Time to Invest?
Gurugram’s real estate market is booming, with the “Gurugram Property Pricing Report Q1 2024” by property consultant Homestays revealing significant year-on-year and quarter-on-quarter growth in property prices, highlighting the city’s attractiveness to investors. Gurugram’s real estate market continues to shine, with a latest report showcasing impressive growth in property prices across various sectors. The “Gurugram […]
Birla Estates Partners With Barmalt India for Luxury Residential Project in Gurugram
Birla Estates has entered into a joint venture with Barmalt India for a luxury residential group housing development in Sector 31, Gurugram. The land parcel is spread across 13.27 acres with a development potential of approx. 2.4 million sq-ft offering a revenue potential of approx. Rs 5000 crore. Located in the upscale micro market of […]
Gurugram Sees Surge in Demand for Premium Real Estate Projects
The premium housing segment continues to raise the bar of living in the Delhi-NCR region. A report by Cushman and Wakefield for Q1 2024 states the region captured 61% of high-end and luxury housing total launches, with the Gurgaon region leading the way. Moreover, the capital values in the NCR witnessed an increase of 1%–2% […]
Dhanuka Agritech Promoters, Lenskart Founder Buy Apartment at the Camellias in Gurgaon
romoters of Dhanuka Agritech have bought three apartments at The Camellias by DLF in Gurgaon for around Rs 80 crore along with Lenskart’s Peyush Bansal, adding their names to the list of business leaders at the upscale residential complex. Most of the HNIs have bought the apartments at this Uber luxury condominium around the pandemic […]
Paras Buildtech to Develop Rs 490-cr Residential Project in Gurugram, Eyes Rs 1200-cr Topline
This high-rise residential project, named The Manor, spans 4.26 acres and offers an exclusive collection of just 120 luxury apartments. Paras Buildtech has announced the launch of its super luxury project ‘The Manor’ at Gwal Pahari in Gurugram. This high-rise residential project spans 4.26 acres and offers an exclusive collection of just 120 luxury apartments. […]
Work on Gurugram Metro to Start Soon, says New GMRL MD
The recently appointed managing director of Gurugram Metro Rail Limited (GMRL) and Haryana Mass Rapid Transport Corporation (HMRTC) Chander Shekhar Khare visited the ₹5400 crore project site and announced on Friday that appointment contracts for a detailed designed consultant (DDC) and a general consultant (GC) will be awarded by the end of June. Khare, who […]
Southern Peripheral Road Emerging as the Heart of Gurugram Real Estate
The Southern Peripheral Road (SPR) in Gurugram is rapidly transforming into one of the most coveted real estate destinations in the National Capital Region (NCR). Spanning 16 kilometres, SPR has become the newest hotspot for both investors and homebuyers, drawn by its unparalleled connectivity, luxurious living options, and promising future prospects. One of the most […]
Luxury Housing Demand Surges in Delhi-NCR, Driven by Eco-friendly Trends and New Developments
The luxury housing market in Delhi-NCR is experiencing a surge in demand, fueled by factors including heightened interest from Millennials and Gen Z, a growing emphasis on eco-friendly living, and promising new real estate developments in areas like Gurugram. According to a recent study, the National Capital Region (NCR) saw an uptick in luxury home […]