Listen To The Article A 1.7 million square foot luxury apartment project with a top line of Rs 4000 crore is being developed in central-west Delhi by listed real estate developer TARC Ltd, located in Delhi NCR. TARC Ltd's MD and CEO, Amar Sarin, said that the business will invest Rs 1,200 crore to build the opulent "TARC Kailasa" residential development, which is situated on Patel Road in Kirti...
Listen To The Article The institutional investment firm WSB Real Estate Partners (WSB), which together with its affiliates manages a total amount of INR 2,200 crore, has declared its entry into the warehouse industry. The first project of WSB would be built on a 16-acre plot of land in Delhi NCR along NH71. With a total investment of over INR 110 crores, this environmentally friendly, sustainable,...
Due to the upcoming festival season, developers have been buying land over the last six months in an effort to meet the increased demand for homes. Delhi-NCR is expected to have a record number of housing unit launches around the coming festive season. NCR based real estate developers like DLF, Godrej, L&T, TARC, Signature Global, and County Group among the developers with launches scheduled...
The demand for luxury homes has been expanding in Delhi NCR. So, that the residences price more over Rs 3 crore make up about 35% of for the Sobha portfolio. Increase in our profit as a result of the mix change from the mid-luxury to a slightly high-end luxury market. As a result, for the first time this quarter, we exceeded the Rs 10,000 average price realisation threshold. The business had...
Residential property prices in the Delhi-NCR region have increased strongly over the last five years as per 99acres data. Changes in government policies, economic situations, and regulatory reforms have all contributed to market changing aspects. "More than 1.6 lakh housing units are set to be delivered to home buyers across Delhi NCR in 2023," said Maneesh Upadhyaya, Chief Business Officer,...
Deerika Hypermarket has secured a lease for 20,176 square feet of prime retail space in Elan Miracle, Gurugram. Elan Miracle known for providing a wide range of daily household essentials, including fashion items, electronics, luggage, footwear, and home fashion. Hypermarket has quickly established itself as a go-to destination since its inception in 2020. The retailer currently operates four...
Experion Developers has bought a land lot in Sector 48 in Gurgaon through a government auction worth around Rs 550 crore. The 5.5-acre plot of land is auctioned by HSVP. This is the company's fourth acquisition in the last several months. The land parcel will be used to build a luxury residential project in sector 48, Gurugram. This land acquisition is a key milestone for Experion Developers...
Birla Estates has just finalised five projects across Bengaluru, Mumbai, Pune, and Delhi, with a potential income of about Rs 9,000 crore, according to KT Jithendran, managing director and CEO of Birla Estates Private Limited. Birla Estates intends to begin new projects and phases in major cities. These will include ultra-luxury projects in Mumbai, luxury projects in Bengaluru, and mid-segment...
Tata realty and infrastructure limited plans to launch 9 million square feet of residential real estate inventory with a topline of Rs 11,000 crore over the next four years. We are putting 70% of efforts on premium luxury projects and the remaining on affordable and mid-segment projects, said by Sanjay Dutt, MD and CEO at TRIL. He claimed that locations like Bengaluru, Mumbai, and Delhi NCR will...
Hero Realty Private Limited, a real estate company situated in Delhi NCR, recently announced the debut of 'Hero Earth,' a new brand created specifically for its high-end plotted development projects. The real estate giant has recently announced the opening of the ground-breaking "The Ark" project in Sector 85, Gurugram. Hero Earth establishes a new standard for well-plotted developments and...