January 2023

Smart World Has All Set To Invest Rs 3000 Crore For Three Housing Projects In Gurugram

Smart World Has All Set To Invest Rs 3000 Crore For Three Housing Projects In Gurugram

Listen To The Article The smart world will invest nearly Rs 3000 crore in developing approximately 8 million square feet of premium residential space across three projects in Gurgaon. The first phase of the three projects will begin in 2023, and the company is also looking into projects in Mumbai, Bengaluru, and Pune. They have already done two projects in sectors 89&63 Gurgaon,...

Modern India And K Raheja Corporation Have Signed An Agreement To Develop A One-Million-Square-Foot Project In Mumbai

Modern India And K Raheja Corporation Have Signed An Agreement To Develop A One-Million-Square-Foot Project In Mumbai

Listen To The Article K Raheja Corporation Homes, the residential development arm of real estate developer K Raheja Corporation, has agreed to build a 1 million square foot luxury housing project on a 3-acre prime land parcel in Mahalaxmi locality, South Mumbai. The project will be developed through a sale agreement for the plot currently owned by Modern India, which has business interests...

DLF Aims To Launch 7500 Crore Premium Housing Project In Sector 63, Gurugram

DLF Aims To Launch 7500 Crore Premium Housing Project In Sector 63, Gurugram

Listen To The Article DLF Limited, a real estate giant, plans to launch a luxury housing project in Gurugram next month, with an estimated sales revenue of around 7,500 crore, in order to capitalise on strong demand for high-end apartments. DLF Group Executive Director and Chief Business Officer Aakash Ohri told that the company intends to build around 1,100 apartments in this residential...

Income Tax On Property A Comprehensive Guide For Homebuyers

Income Tax On Property: A Comprehensive Guide For Homebuyers

Property tax is a tax imposed on real estate by the government. It is based on the value of the property and is typically paid by the property owner. The revenue generated from property tax is used to fund local government services such as schools, roads, and public safety. How is Property Tax Calculated? Property tax can be calculated by multiplying the calculated value of the property by the tax...

DLF Records 45% Sales Growth Between Nine Months (April-December) Of 2022

DLF Records 45% Sales Growth Between Nine Months (April-December) Of 2022

Listen To The Article Realty giant DLF reported a 45% increase in new sales bookings to Rs 6,599 crore during the nine months (April to December) of the financial year 2022.  While DLF reported the highest quarterly new sales in its history in the third quarter of the current financial year. Across all sectors, the company experienced strong business momentum. DLF's residential...

The NHAI's Rewari Unit Has Taken Over Maintenance Of The Delhi-Jaipur Highway

The NHAI’s Rewari Unit Has Taken Over Maintenance Of The Delhi-Jaipur Highway

Listen To The Article The National Highways Authority of India (NHAI) took over the maintenance and upgradation of the National Highway (NH-48) stretch from Kherki Daula to Bawal. The 65-kilometer stretch is in poor condition in many places, and a number of road improvement projects initiated by the authority have been postponed.  The work of resurfacing the road will initially be...

Is Warehousing The Next Big Thing In Real Estate Investing?

Is Warehousing The Next Big Thing In Real Estate Investing?

Listen To The Article Slowly but steadily, India's real estate is expanding after pandemic. When we talked about a decade ago, two major pillars supported property demand and prices, that is, residential and commercial. However, new segments such as data centres, logistics, and warehousing have recently influenced them.  The pandemic has speed up the growth of new businesses such as...

Mahindra Lifespaces To Redevelop Two Societies In Mumbai With Revenue Potential Of 500 Crore

Mahindra Lifespaces To Redevelop Two Societies In Mumbai With Revenue Potential Of 500 Crore

Listen To The Article Mahindra Lifespace Developers, a leading real estate and infrastructure development body of Mahindra Group, will revamp two neighboring residential societies in Mumbai’s Santacruz West. These two residential projects will be developed on approximately 1.27 acres with a revenue potential of about 500 crores.  As per Arvind Subramanian, MD and CEO of Mahindra...

NAREDCO Seeks A Real Estate Fund Of Rs 25,000 Crore From Budget 2023-2024

NAREDCO Seeks A Real Estate Fund Of Rs 25,000 Crore From Budget 2023-2024

Listen To The Article The government has been urged to introduce the second fund under the Special Window for Affordable and Mid-Income Housing (SWAMIH-2) in the upcoming Union Budget 2023–2024, which will be expected to be announced soon.  In a letter to the finance minister Nirmala Sitharaman, National Real Estate Development Council (NAREDCO) requested that the program be expanded...

Real Estate Organisation in Gurgaon

Leading Real Estate Organisation in Gurgaon: Winworld Reality

The real estate industry is very active and ever-changing. Affordable homes based on people's needs and commercial feasibility is the critical targets for real estate companies. India has many significant economic and social hubs, one of the most promising being Gurgaon in Haryana. But why the buzz around Gurgaon? What Are The Special Features Of Gurgaon? Gurgaon is the biggest and most expansive...

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