The luxury rentals on Golf Course Road Gurgaon and the prime locations of south Delhi have grown significantly as top executives and expatriates began work. Rentals on Golf Course Road in Gurgaon have climbed 14% year on year, while rentals at DLF5 Golf Links apartments such as The Magnolias, The Aralias, The Camellias, and The Crest have more than doubled since 2020. Savills India reported...
General Blogs
DLF Ltd, India's top listed real estate developer, set a new annual sales record in the Indian real estate business in Financial Year 2023, ending March 31st, with cumulative new transactions of INR 15,058 crores. The success of important project launches, such as the luxury residential offering, The Arbour, The Grove in Gurugram, among others, fuelled this extraordinary performance. DLF recorded NRI...
The CPR is an essential part of Dwarka Expressway Package 4, and construction has continued since 2019. The Gurugram district government announced on Wednesday that traffic on the Central Peripheral Road (CPR) had reopened, which is a huge relief for commuters. Nishant Yadav, deputy commissioner of Gurugram, stated that a meeting with officials from the National Highway Authority of India (NHAI) had...
Real estate developers have purchased over 2,200-acre land parcels for around Rs 26,000 crore since January last year, primarily to create residential developments as per JLL India. The developers have bought around 2,181 acres of land area in the last 17 months (January 2022-May 2023) valued at over Rs 26,000 crore, with an estimated development potential of approximately 209 million square feet in...
DLF, a prominent real estate firm, intends to sell property projects worth Rs 197 billion by March of next year. Due to robust demand for housing, the company expects to book sales of roughly Rs 120 billion in the current fiscal year. DLF reported a more than two-fold increase in sale bookings in the last fiscal year, reaching a record Rs 150 billion, up from Rs 72 billion the previous year. The...
According to CBRE's 'India Market Monitor Quarter 1 2023' study, the luxury residential market in India will continue to rise in sales and launch activity in 2023 for the second year in a row. An increase of over 151% Year on Year was registered between January 2023 and March 2023. Delhi-NCR is currently in first place, with a 216% rise in luxury housing sales in Quarter 1 2023 compared to Quarter 1...
The launch of the Dwarka Expressway in Gurgaon is predicted to enhance real estate prices in the vicinity by 30-40%. Because of the increased interest in the area, numerous developers have launched projects along the Expressway, driving up home prices. The completion of the Dwarka Expressway is expected to have a significant impact on the Gurgaon real estate market in terms of both demand and price...
Listen To The Article According to a top corporate official, Godrej Properties estimates a 14% increase in sale bookings this year to a record Rs 14000 crore due to strong housing demand. Godrej Executive Chairman Pirojsha Godrej told that the company's performance in 2022-2023 was very solid on all essential indicators such as sale bookings, cash collections from clients, project completion,...
Listen To The Article When most of the city's licenced colonies were being developed in the 1990s, essential facilities including as roads, power supply, water supply, and sewerage were planned with the construction of two and a half levels on each residential plot in mind. The population has more than doubled in the last three decades, and four levels are permitted on residential floors until...
Listen To The Article To make it easier to travel between NH-48 and the Dwarka Expressway, the Gurugram Metropolitan Development Authority (GMDA) plans to rehabilitate two important arterial routes, one 4.9 km long stretch between IFFCO Chowk and Mahavir Chowk, and another 6.5 km long stretch from the old railway road to the Dwarka Expressway. In order to improve and upgrade the roadways from...