Long-wait For Dwaraka Expressway Finally Ends; Gurugram Stretch To Open Soon, Entire Corridor Later This Year
The 19 km Gurugram section of the long-pending 29-kilometre Dwarka Expressway connecting Mahipalpur in New Delhi with Kherki Dhaula in Gurugram is likely to be operational soon. According to NHAI officials, the expressway will be opened in different stages. Some of the portions of the Gurugram stretch are already open for public use and it […]
Godrej Properties Buys 9-acre Land in Gurugram for Rs 300 cr to Build Housing Project
Godrej Properties has bought a 9-acre land in Gurugram for around Rs 300 crore to develop a housing project. On December 29, the company had informed stock exchanges about acquisition of the land through an outright purchase, but did not mention the deal value. According to market sources, Godrej Properties bought this 9-acre land for […]
Housing Sales to Continue to Grow in 2023: Experts
Premium residential values in Mumbai, Bengaluru, Delhi, Gurugram and Noida have witnessed considerable growth throughout 2022, according to international property consultant Savills. Demand in the rental market has also gained momentum as professionals have returned to their work locations. In the backdrop of hybrid work model, end-users are considering renting larger homes in residential complexes […]
Gurugram Emerges as Top Real Estate Destination in NCR
Gurugram has topped in both housing supply and absorption rate (used to determine how many homes are sold in a market at a particular time) in 2022 among all cities in the National Capital Region (NCR), according to a report released by Anarock, a real estate consultancy. The report said that of the total 63,710 […]
Why NRIs are Investing in Indian Real Estate
The Indian real estate sector has seen phenomenal growth in the last decade, and Non-Resident Indians (NRIs) have been a huge part of this growth. NRIs are increasingly inclined towards buying a home in India, driven by hybrid work formats, the decision to return to one’s homeland, and a desire for a better quality of […]
Smart World Lines Up Nearly Rs 3,000 Crore For 3 Gurugram Housing Projects
Smart World Developers will invest nearly Rs 3,000 crore in developing about 8 million sq ft of residential space across three projects in Gurgaon, said its CEO Vivek Singhal. The first phase of the three projects will be launched in 2023 and at the same time the company is exploring projects in Mumbai, Bengaluru and […]
Godrej Properties Acquires 9-Acre Land In Gurugram To Build Rs 2,500 Cr Worth Housing Project
Godrej Properties has bought an about 9-acre land in Gurugram to develop a housing project with sales potential of Rs 2,500 crore. In a regulatory filing on Thursday, the company said it has acquired the land through an outright purchase. It did not mention the deal value and the name of the seller. This project […]
Gurugram-Based Real Estate Company JMS Group Receives the RERA Number for its Plotted Development Project, The Pride, in New Gurgaon
Gurugram-based realty firm JMS Group received the RERA registration number from Haryana Real Estate Regulatory Authority (HRERA) for its plotted development project, The Pride, in New Gurgaon’s Sector 95 A, located in proximity to NH-8 and KMP/Western Peripheral Expressway. The Gurgaon-Manesar Masterplan 2031 is the bedrock of New Gurgaon’s development. Its infrastructure like road widths, […]
Rewinding 2022 For Realty- How Did 2022 Turn Out For Real Estate Sector? Growth Factors And Its Future Outlook In 2023
Rewinding 2022 for Realty – With a firm footing achieved this year, expectations are naturally high for 2023. The realisation of earning capital income through the possession of homes has also marked a stellar uptick. Rewinding 2022 for Realty – Jettisoning the pandemic headwinds, the realty sector made a strong comeback this year, banking on […]
Luxury Studio Apartments Fast Catching up in Gurugram
As a large part of its working population is not native to the city and with foreigners constituting a significant portion of it, studio apartments have emerged as a popular choice in Gurugram. India’s a surging economic power and its emergence as a global corporate hub with MNCs and IT companies flocking to the country […]