Apartment

On April 11, Haryana Chief Minister Nayab Singh Saini announced, according to PTI, that the first phase of the Global City project in Gurugram—being developed to international standards—is scheduled to be completed by the end of next year. He reiterated that the initial phase, designed as per global benchmarks, will wrap up by the close of next year. Haryana Chief Minister Nayab Singh Saini has...

In a transformative move set to redefine luxury senior living, PioneerUrban Land and Infrastructure Ltd is stepping boldly into the burgeoning senior housing market with a Rs 300 crore investment. With the launch of Project Advait, this landmark project in Gurugram underscores the company’s commitment to merging upscale design with innovative technology and quality healthcare services, specifically...

In a bid to address chronic traffic delays and improve connectivity within the National Capital Region, Union Road Transport and Highways Minister Nitin Gadkari announced that the Centre is working on a detailed plan to ease commuting between Delhi and Gurgaon. The plan features major infrastructural upgrades, including an elevated corridor from Dhaula Kuan to Manesar and a functional Dwarka Expressway...

The Southern Peripheral Road (SPR) in Gurugram has rapidly transformed into a significant hub for both residential and commercial real estate. Over the past five years, property prices along this 16-kilometer stretch have surged by an impressive 125%, elevating its status as a prime investment destination. SPR is fast becoming one of the most sought-after corridors in Delhi-NCR — and it’s well on...

After a decade of uncertainty, Unitech is set to resume work on six stalled residential and commercial projects in Gurugram. The projects – Alder Grove Villas, Espace Premiere Villas, Exquisite Group Housing, Nirvana Country-2 Plots, The Willows Plots, and Nirvana Courtyard-2 (commercial) – were originally launched in 2009 but were put on hold in 2014 due to regulatory issues and significant financial...

Trinity's Major Investment in Gurugram Housing Project Gurugram, Delhi-NCR – In a bold move that underscores the growing demand for ultra-premium housing, Trinity has announced an investment of Rs 1,200 crore for its upcoming residential project, Sky Palazzo Residences. Set to be developed on an 11-acre parcel along the strategically located Dwarka Expressway, the project is poised to redefine...

Real estate developers are responding to consumer housing demand by building larger flats in major cities. From January to March of this year, the average size of flats introduced in seven cities climbed by 5% over the previous year. According to the data, the average size of apartments in these seven main cities increased from 1,170 square feet last year to 1,225 square feet this...

Krisumi Corporation, a joint venture of Japanese firm Sumitomo Corporation and Indian auto components firm Krishna Group, will invest Rs 300 crore in phase 2 of the 30.38-acre housing project "Krisumi City" in Sector 36A, Gurugram, according to a senior official. Both partners funded the initial capital, and the company expects to earn Rs 500 crore from it. The company has set a revenue target of...

Listen To The Article The data analytics company PropEquity revealed that the unsold housing stocks reduced by 6% between January and March to approximately 5.18 lakh units across 14 Indian cities, compared to the prior quarter. Between the first trimester of the year, unsold inventory decreased from 5,48,217 units to 5,17,879 units. Housing sales were 1,23,938 units during the January to March...

Listen To The Article Godrej Properties Limited, encouraged by the strong housing demand, purchased 18 land parcels in 2023 for the development of new projects with an estimated sales potential of more than 32,000 crores. The Mumbai-based Godrej Properties, a part of the behemoth Godrej Group, stated that it will add new land parcels with a sales revenue potential of Rs 15,000 crore. In order...