Omaxe to Develop Sports and Retail Complex in Dwarka for Rs 2100 Crore
Realty developer Omaxe Ltd has acquired 50.40 acre land from Delhi Development Authority (DDA) at Dwarka to develop indoor and outdoor sports facility including a cricket stadium and commercial complex with the total investment of Rs 2100 crore, a senior executive said. Omaxe has won the bid to develop commercial complex to provide experience in […]
Realty Hotspot: Gurugram Emerges as a New Luxury Real Estate Destination
Abhishek Trehan, executive director, Trehan Iris highlights Gurugram’s emergence as the luxury homes hotspot. The National Capital Region (NCR) has established itself as a bustling centre for business and commerce, with New Gurugram emerging as the epitome of luxury real estate. Strategically positioned next to Delhi, Gurugram offers a distinctive blend of elements that entices […]
RBI MPC Decision: Will Your Home Loan Emis Come Down? Real Estate Experts Weigh in
Real Estate latest news: Announcing the first bi-monthly monetary policy for the ongoing fiscal year, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5 per cent. Real Estate in India: The Reserve Bank of India (RBI) has decided to keep the policy rate unchanged for the […]
Real Estate Market in Gurgaon: Southern Peripheral Road emerges as promising destination for realty investments
The Southern Peripheral Road (SPR) in Gurgaon has emerged as a promising destination for both residential and commercial investments. The 16-km-long road provides seamless connectivity between Golf Course Road, Golf Course Extension Road, and NH-8. It also enhanced the connectivity to Sohna by interlinking NH-248A. Thus, due to its strategic location and robust connectivity, several […]
Skyrocketing Property Prices: Q12024 Witnesses 10-32% Increase; 14% Jump in Housing Sales
Anarock Property Consultants’ latest report unveils a significant surge in housing sales across India’s top seven cities during the initial quarter of the year. The data illustrates a remarkable 14% uptick in housing transactions from January to March, accompanied by a substantial 10.32% increase in average property prices within these urban centers. Pradeep Aggarwal, founder […]
Sobha to Execute a Project on 2.03 Acre Land in Gurugram
With this acquisition, Sobha plans to execute a project in approximately 2.03125 acres of land situated at sector 106, Gurugram. Sobha Developers (Pune) (SDPL), a wholly owned subsidiary of Sobha, has entered into a share purchase agreement with BNB Builders (BBPL) to acquire 100% equity shares of the company for Rs 29.5 crore, the company […]
Residential Sale in FY24 Reached a Decadal High With Almost 5 Lakh Units Sold
Indian housing market continued on the growth path with housing sale during Jan-March (Q4FY24) was highest ever. According to data from Anarock, 1,30,170 units sold during the quarter across the top 7 cities, a 14% yearly rise year-on-year. With this the total housing sale in FY 24 reached 492,900, 30% increase from previous year. “MMR […]
Hines Partners With Pioneer for Gurugram Office Project
Hines, one of the world’s largest privately held real estate investors and developers, has inked an agreement with property developer Pioneer Group to develop 1.25 million sq ft of office space on Golf Course Extension Road in Gurugram, three people familiar with the deal said. The total project cost is estimated at Rs 1,500 crore […]
Titans of Real Estate: Crafting the Skyline of Delhi NCR
The Titans Rise Once More The real estate sector forms the core of growth in any city, with several ancillary industries dependent on it for their progress and expansion. Where the real estate Titans tread, development is sure to follow. We salute those who have led the way, the pioneers of a new era — […]
Gurugram’s Golf Course Extension Road Emerges as Bustling Commercial Hub; What’s Behind the Boom in Property Prices?
Gurugram’s skyline is reaching new heights and it’s not just the buildings that are soaring—it’s the commercial rental prices too! With record highs surpassing Rs 100 per square foot, the iconic Golf Course Extension Road (GCER) is commanding attention like never before. For business professionals eyeing the real estate scene, GCER has become the focal […]