Real Estate Developer M3M India Launches 900 Plots In Panipat With Topline Of Rs 600 Crore
Real Estate developer M3M India has launched 900 plots in Haryana’s Panipat with a topline of Rs 600 crore under its first plotted-development project M3M City of Dreams, the company said in a statement. According to the company, the M3M City of Dreams project is located in Sector 37 in Panipat where in its Phase-I, […]
Dwarka Expressway to be Ready by December, says Gadkari
Nitin Gadkari, the Union Minister for Highways and Road Transport, said on Thursday that the Dwarka Expressway, a crucial highway that will enable seamless connectivity between Mahipalpur in Delhi and Kherki Daula in Gurugram, will be finished by the end of December. This highway is the nation’s first access-controlled eight-lane expressway, is a component of […]
Gurugram’s Property Market To Soar With New Cloverleaf Intersection
The much-awaited cloverleaf intersection at the Dwarka Expressway is reportedly in the final stages of construction and is expected to be inaugurated soon by Nitin Gadkari, the Union Road Transport and Highways Minister. The intersection, situated near the Kherki Daula toll plaza, will boast of ramps on all four sides and will serve as a […]
Ganga Realty Acquires 8.35 Acre Land In Gurgaon For Luxury Housing Project
Ganga realty has acquired 8.35 acre in sector 84 Gurgaon for Rs 132 crore to develop a luxury group housing project, a senior executive said. The company will invest another Rs 750-800 crore to develop the project. “We will develop 1.5 million sq ft on this project of which 10.5 lakh sq ft will be […]
Residential Real Estate Market Sets Record, Sales Surge 48% in FY23: Anarock
India’s residential property market witnessed a record-breaking year in FY23, with the value of home sales reaching an all-time high of ₹3.47 lakh crore , marking a robust 48% year-on-year increase, Anarock Property Consultants said. The volume of sales also exhibited a strong growth trajectory, with a 36% rise to 379,095 units sold in FY23. […]
Why Dwarka expressway & NH-8 Junction Could Become a Bottleneck in Future
Dwarka Expressway’s junction with NH-8 for traffic headed towards Delhi could turn into a traffic bottleneck when the road opens fully next year. It’s a bottleneck now as well, but that’s because traffic is still being routed into the narrow service lane of NH-8 at Narsinghpur, while the junction is built. Dwarka Expressway is connected […]
DLF Reports New Sales Booking of Rs 15,058 Crore During FY 23
Real estate builder DLF has reported a 40% year-on-year increase in its fourth-quarter net profit to Rs 569 crore, helped by strong demand in the housing segment. New sales bookings during the quarter stood at Rs 8,458 crore, reflecting a 210% y-o-y growth, the company said on Friday. For the full year FY23, new sales […]
Gurugram Tops Real Estate Development in Delhi-NCR, says Anarock; Here’s Why
The National Capital Region (NCR) is one of India’s major real estate markets, with a high housing demand. In the first quarter of 2023, the region witnessed the addition of around 12,450 new housing units, of which 28 per cent were added to the affordable segment, according to the latest research report by real estate […]
Vatika Group Partners with IREAA India for Leasing Retail Projects in New Gurgaon
The Vatika Group, one of the prominent real estate developers in India, has recently joined forces with IREAA India Pvt Ltd as strategic leasing partners for their retail projects in New Gurgaon. This collaboration is expected to draw numerous renowned retail brands to the area, providing an exceptional shopping experience for all consumers in New […]
Opening of Dwarka Expressway to Increase Property Prices by up to 40% in the Region, say Experts
The opening of Dwarka Expressway in Gurgaon is expected to increase the prices of real estate in the region by 30-40%, according to developers and brokerage firm. The growing interest in the area has prompted many developers to launch projects along the expressway, driving up property prices. “The completion of Dwarka Expressway is expected to […]