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...
Awfis has expanded its operations in the National Capital Region (NCR) by opening two new centres, Suncity Success Towers in Gurgaon and Knowledge Boulevard in Noida, totaling 85,000 square feet of space and 1,400 seats. The Suncity centre in Gurgaon is 40,000 square feet and has 650 seats, while the Knowledge Boulevard complex in Noida is 44,000 square feet and has 700 seats. The centres...
Listen To The Article Sohna is a fast developing area in the Indian state of Haryana, located in the southern portion of the Gurugram district. It is well-known for its scenic beauty, close proximity to the Aravalli Hills, and a thriving real estate market. The completion of the Delhi-Mumbai Expressway, one of India's greatest infrastructural projects, encouraged real estate development in the...