Millennials Continue to Drive Housing Demand in India – Here’s Why
Despite global economic headwinds including layoffs by several large and small corporates, the bull run in the Indian housing market continues, driven by the aspirations of the millennial generation. According to a recent CII-ANAROCK report, of total participants that chose real estate as an asset class for investment, at least 52% were millennials who are […]
Haryana Govt Discontinues Affordable Plotted Housing Scheme In Faridabad, Gurugram
The chief reasons for scrapping the Deen Dayal Jan Awas Yojna (DDJAY) were high cost of land and failure to benefit lower- and mid-income homebuyers. The Haryana government has discontinued its affordable plotted housing scheme, Deen Dayal Jan Awas Yojna (DDJAY), in Faridabad and Gurugram districts due to the high cost of land and its […]
Green Realty: No More a Distant Reality
Real estate developers have a key role to play in saving the environment from the devastating impacts of global warming. With green buildings and sustainable development, developers can help reduce carbon emissions and energy consumption, as well as promote efficiency. Rise of Green Buildings Green buildings, also known as sustainable buildings, are structures designed to […]
Realty Developer Smartworld To Double Its Revenue In FY24
Gurgaon based Smartworld Developers Pvt. Ltd will invest Rs 3300 crore in FY 24 towards the construction of three projects, spreading across 11.5 million square feet of space. The company has recorded sale of Rs 3500 crore in FY 2022-23 and is expected to double it to Rs 7,000 crore in FY24 as it plans […]
Smartworld Developers Eyes A Topline Of Rs 7,000 Cr In Fy24, Plans To Enter Two New Geographies
Gurugram-headquartered Smartworld Developers Pvt Ltd has recorded sales worth Rs 3500 cr in FY 2022-23. The company has sold about 1438 residential units and 2.87 mn sq ft of space in FY 23. The company is eyeing to achieve a top line of Rs 7,000 crore in FY24 and is also planning to enter two […]
Housing Rental Increased By 40% In Delhi-ncr Due To High Demand
According to a media source, rents for residences in Delhi-National Capital Region (NCR) have climbed by 25% to 40% over the previous year due to a shortage of supply and increased demand from businesses urging staff to return to work. According to the survey, landlords are seeking to make up for losses by taking advantage […]
The Impact Of Gurgaon’s New Metro Corridor On The Real Estate Sector
The introduction of the ‘Gurugram Metro’ during the Haryana Budget is expected to result in a significant increase in demand for homes and commercial space. The projected 28.8-kilometre-long route will connect Huda City Centre to Cyber City via Old Gurgaon and will include 27 stations, including a stop at the Dwarka Motorway. Gurugram’s property market […]
Ashiana Housing Announces Sell-out Of ‘Amarah’ Phase 2 In Gurgaon
The New Delhi-based real estate developer, Ashiana Housing Ltd announced the successful sell-out of Ashiana Amarah Phase 2. The kid-centric project, located in Sector 93 of Gurgaon, received a tremendous response and sold a total of 224 units worth Rs. 290.25 Crs within just three days of its launch. The project, planned on approximately 22 […]
PM Modi to Inaugurate Gurugram Section of Long-Awaited Dwarka Expressway in June
n June, Prime Minister Narendra Modi is expected to officially inaugurate the Gurugram section of the Dwarka Expressway. This expressway, worth Rs. 9,000 crore, spans 18.9 kilometres in Gurugram and 10.1 km in Delhi. The Dwarka Expressway is being built from near the Kherki Daula toll plaza in Gurugram to Shivmurti in Mahipalpur. In June, […]
Plotted Developments: A Lucrative and High-Potential Investment Option
Post-pandemic, many households now prefer to live in plotted developments rather than apartments. Plotted developments are witnessing a rising demand in the National Capital Region, especially in Gurugram. They have emerged as the most preferred and strategic form of real estate investment model for property investors and buyers. The post-pandemic renaissance in real estate demand […]