Godrej Wins Gurugram Luxury Projects, Sees ₹ 3,100 Crore In Revenue
Real estate developer Godrej Properties today said it would develop two luxury housing plots with a combined revenue potential of 31 billion rupees in Gurugram. Godrej said it was declared the highest bidder in an e-auction for the two plots, spanning 2.76 acres and 5.15 acres, in Gurugram’s upmarket area around Golf Course Road. The […]
Godrej Properties Emerged as the Highest Bidder for Two Land Parcels in Gurgaon
Godrej Properties has emerged as the highest bidder for two luxury group housing plots in Golf Course Road micro-market, Gurugram, the company said. The two prime projects spread over 2.76 acres and 5.15 acres will have a combined estimated revenue potential of approximately Rs 3,100 crore. The average rate for plot in this market is […]
Experion buys 3 NCR plots in Rs 1,100 crore deal
Experion Developers, the fully FDI-funded real estate developer backed by Singapore’s Experion Holdings, has acquired three land parcels in NCR for Rs 1,100 crore for residential and commercial development, its CEO Nagaraju Routhu told ET. Among the acquisitions, a 4-acre land plot situated on Golf Course Road in Gurgaon was acquired for Rs 400 crore, […]
Commercial Or Residential Property: Which Is The Ideal Investment Option? Here Are Some Tips
Investing in real estate can be a lucrative endeavor, providing long-term financial stability and potential growth. However, choosing between commercial and residential properties can be a daunting task for investors. Both options have their unique benefits and considerations. Despite the pandemic, commercial real estate has shown some resilience. With opening of economy, there has been […]
Gurugram Witnessed Highest Increase In Residential Property Prices Among Top 10 Cities : Report
Property prices in Gurugram has increased the most among top 10 cities with a YoY increase of 12% in Q2 2023, surpassing Bengaluru (9%) and Noida (8%). The residential property market in India experienced an average year-on-year price appreciation of 6% during the April-June period of this year, as per data by PropTiger.com. “Housing prices […]
Hero Realty to launch real estate projects spanning 4 million sq ft this financial year
Hero Realty Pvt Ltd plans to launch real estate projects spanning around 4 million square feet in this financial year, with an estimated revenue potential of Rs 3,500 crore, said its CEO Dharmesh Shah. The company, backed by Sunil Kant Munjal’s Hero Enterprise, is also considering an initial public offering (IPO) in the next three-four […]
Home Sales in NCR Touch 10-Yr High, Flats Upwards of Rs 1 cr Most in Demand
Residential sales in Delhi-NCR touched a 10-year high in the first half of 2023 at 30,114 units, of which Gurugram accounted for more than half the units sold with a 52% share, according to a report by real estate consultancy firm Knight Frank India. Noida and Greater Noida cumulatively accounted for a 32 per cent […]
Residential Vs Commercial Real Estate: Where to invest for higher returns?
Here are some tips to assist investors in deciding whether to invest in the residential or commercial real estate sector in 2023. 2022 proved to be a very good year for the real estate market, both in the residential and commercial segments in India. We expect the real estate sector as a whole to continue […]
Here’s how you should Navigate the Luxury Real Estate Market
The luxury real estate market in India has experienced an unprecedented surge in demand, even surpassing the available supply in many cities. A few months ago, DLF Ltd had made waves with the sale of its newly launched luxury project in Gurugram. The project comprised over 1,100 flats priced at Rs 7 crore and above, […]
Hero Realty Sells 77 Plots in Gurugram Project for Rs 180 cr in Single Day
Hero Realty has sold all 77 plots for about Rs 180 crore in its newly launched project in Gurugram. All the plots were sold on June 29, the first day of the launch itself. The selling price starts from Rs 1.99 crore and onwards. Hero Realty has launched a plotted development project ‘The Ark‘ in […]