The National Highways Authority of India (NHAI) is anticipated to appoint a consultant for the highway project within the next two months. The plan is to create a two-layer elevated road over NH-8 from Dhaula Kuan to Manesar. It is expected that the elevated route, which is exclusively intended for light cars, will ease traffic between Delhi and Gurgaon, particularly near the Sirhaul...
Many developers and local builders have launched a flurry of luxury real estate projects in Delhi-NCR. The healthy offtake and demand for renovating properties in the premium class is the main reason behind this. The publicly traded real estate company is still optimistic about India's housing market and anticipates strong sales momentum to continue as a result of the country's rising urbanisation,...
The real estate market saw a tremendous improvement in the first quarter of financial year 2023, with home sales in the top 7 cities topping 100,000 units. In addition, the new launches have increased significantly Year on Year by 23%, from 89,140 units in quarter one 2022 to roughly 110,000 units in 2023. In top seven Indian cities, Delhi-NCR stands out as the leader in terms of new home...
In order to improve enforcement and stop illegal construction activities, the department of town and country planning (DTCP) has divided Gurgaon into three zones and assigned two new enforcement officials for three months. They stated that the two newly created authorities would be in charge of demolition drives and enforcement operations in their respective zones. The first zone will consist of...
The residential sales in Delhi-NCR reached a 10-year high in the first half of 2023 with 30,114 units sold, with Gurugram accounting for more than half of the units sold with a 52% share. A combined 32% of the market was accounted for by Noida and Greater Noida. Ghaziabad contributed 12%, while Delhi and Faridabad each contributed 2%. The volume of home sales in 2023 will increase by 3% annually...
The appeal of Gwal Pahari rests in its capacity to offer houses outside of Gurgaon's busy urban centres, drawing discerning homebuyers with an eye for tranquilly and luxury. According to Kunal Rishi, COO of Paras Buildtech, the area offers a singular and unmatched chance to create infrastructure projects that support a peaceful and sustainable way of life. Gwal Pahari, which was formerly...
According to Delhi Metro Rail Corporation (DMRC) officials, the HUDA City Centre metro station in Gurgaon will now be called as the Millennium City Centre station. DMRC had already announced that Gurugram City Centre would be the station's new name. The announcement was made public in the evening. The station is located on the Yellow Metro Line, which links South, Central, and North Delhi with...
According to a recent analysis by R&R by Rise, the demand for both residential and commercial buildings would cause the Delhi-NCR real estate market to increase significantly in 2023. The 30- to 44-year-old millennial group, which is driving this demand, is anticipated to reach new heights in the upcoming year. About 40% of prospective purchasers believe that real estate in Delhi-NCR is the...
Sohna has developed itself as a significant name in the plotted real estate development. This once-quaint town, which is located in the lovely Aravalli Range, has seen an amazing transformation into a thriving hub of urban growth and economic prosperity. Sohna is becoming a well-liked option for investors and consumers interested in planned real estate because of its advantageous location, stunning...
Golf Course Road is a well-established luxury micro market in Gurgaon that has seen significant demand from both High Net worth individuals and high-end consumers. Because of high property prices investors are backing, and DLF knows how to win this game in these situations. DLF has completed the sale of all 1,137 units at Golf Course Extension Road, valued at Rs 7 crore and above, for more than Rs...
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