New Circle Rates Likely From Next Month
Circles rates in the city are expected to be revised by the end of this month and come into effect from February 1. The new rates were supposed to have been implemented from January 1, but there has been no announcement so far. For now, properties will be registered according to the existing rate. Haryana […]
Dlf’s Gurugram Project Sold Out Within Days Of Launch, Generates Rs 7,200 Crore For The Company
Realty developer DLF has reported Rs 7,200 crore sale from its latest luxury residential development, DLF Privana South in Gurugram, with the project getting sold out within in days of the launch. Spread across about 25 acres (about 10 hectares) in Sectors 76 and 77, Gurugram, this luxury residential offering by DLF was sold out […]
India Budget 2024: Here’s What Real Estate Sector Expects From Union Budget 2024-25 | Et Now Exclusive
In the Budget 2024, which will be presented by Finance Minister Nirmala Sitharaman, the real estate sector eyes on a reduction in GST rates on construction materials, and a single window clearance system for approvals and sanctions, among others. The sector has emerged stronger than ever in 2023. In the previous year, the Indian real […]
Interim Budget 2024: Realty Sector Hopes PM Modi’s Vision Of Housing for All Continues To Get Priority
Among other expectations from the realty sector is increasing the maximum limit of deduction from Rs 2 lakh on housing loan interest rates under Section 24 of the Income Tax Act up to at least Rs 5 lakh. Ahead of the upcoming Interim budget 2024 that FM Nirmala Sitharaman is set to present in February, […]
Dwarka Expressway To Be Ready By March | Here’s How It Will Ease Delhi-gurugram Travel
Aimed at decongesting the National Capital Region (NCR) and reducing pollution levels, the Dwarka Expressway is expected to be ready by March, Road Transport and Highways secretary Anurag Jain said on Friday. Speaking to the media, Jain added that only a small portion of the project, a tunnel near the airport, will take longer as […]
Estate In 2024: Four Locations Where You Might Want To Put Your Money In
The year 2024 is expected to be all about infrastructure projects such as new metro lines, expressways and airports shaping homebuying behavior. The year 2024 is expected to be all about infrastructure projects shaping homebuying behavior. New metro connectors, expressways and airports – both newly operational or upcoming are likely to dictate how real estate […]
BPTP Acquires Land in Gurgaon for Rs 87 Crore
Realty developer BPTP purchased a land parcel spread across 228,000 in Gurgaon for Rs 87.27 crore. BPTP has substantial holdings in Gurugram and Faridabad (about 600 acres) and has been acquiring land parcels in the region for residential and commercial development. According to the documents accessed through CRE Matrix, a real estate data analytics firm, […]
Residential And Commercial Real Estate To Remain Buoyant In 2024
In 2023, the real estate sector witnessed dynamic shifts with distinct performances in the residential and commercial segments. Residential markets across cities experienced robust growth, driven by the increased demand and new supply additions. The growth trend was backed by flourishing economic conditions, high-disposable incomes, and a surge in NRI investment strengthening market sentiments. Industry […]
Revamp Of Two Key Roads To Start In Feb, Will Have 6 Lanes
Revamp of two arterial roads — Galleria Market and Vyapar Kendra — is likely to start by February, officials said. The project received government approval last week and GMDA officials said they will issue the work order for the same soon. These roads, which are currently a one-way, will be converted to two-way stretches. The […]
Gurgaon Portion Of Dwarka Expressway To Open In February
The Gurgaon portion of Dwarka Expressway will be opened in February, Deputy Commissioner Nishant Kumar Yadav said at a press conference on Tuesday. He said that the Haryana government has written to the National Highways Authority of India (NHAI) seeking to throw the stretch open. “We are yet to hear back from the NHAI, but […]