Delhi-Ncr

The Allcargo Group Acquired Two Land Parcels In Gurgaon For Rs 231 Crore

TransIndia Real Estate Limited, an Allcargo Group firm, has purchased two land parcels for warehousing in Gurgaon's Farukh Nagar for a total of Rs 231 crore. Both plots of land are located in Reliance Industries' Model Economic Township. According to papers discovered by analytic firm CRE Matrix, the first property piece, covering 56.52 acres, was purchased for Rs 134 crore by Allcargo Inland Park pvt...

Reason Why Delhi-NCR Emerges As A Global Retail Real Estate Powerhouse

Reason Why Delhi-NCR Emerges As A Global Retail Real Estate Powerhouse

The retail real estate business expands across the country, a recent JLL India study report revealed bright numbers for the next years. According to the survey, there has been a remarkable increase in retail real estate supply across the country's seven major cities, with developers supporting the development. The new supply of retail real estate space is predicted to increase by 43% across seven major...

Godrej Properties Buy A 15-Acres Land In Gurugram From Microtek For Rs 403 Crore

Godrej Properties Buy A 15-Acres Land In Gurugram From Microtek For Rs 403 Crore

Godrej Properties purchased around 15 acres of land in Gurugram Sector 103 for a net value of Rs 403 crore from Microtek Infratech. The news confirmed by CRE Matrix, a real estate data analytics business provider. The sale deed was signed in the name of Godrej Vestmark LLP On June 22, 2023. According to the paperwork, the company also paid a stamp duty of Rs 28.21 crore for the transaction. Godrej...

Signature Global To Develop 21 Million Square Feet Of Affordable And Mid-Income Housing In Delhi-NCR

Signature Global To Develop 21 Million Square Feet Of Affordable And Mid-Income Housing In Delhi-NCR

Signature Global, a Delhi-NCR based real estate developer, plans to build over 21 million square feet residential projects over the next six to seven years, according to the company's CEO, Rajat Khaturia. Signature Global is all set to launch its IPO on September 20, will build 19 low- and middle-income developments in Gurugram and its catchment areas such as Sohna Elevated Road and Manesar. "We...

Airstrip To Be Built Along Delhi-Mumbai Expressway In Nuh-Gurugram Area

Airstrip To Be Built Along Delhi-Mumbai Expressway In Nuh-Gurugram Area

Haryana deputy chief minister cum civil aviation minister Dushyant Chautala has asked civil aviation officials to investigate the potential of constructing an airstrip along the Delhi-Mumbai Expressway in the Nuh-Gururgam area. The minister also asked officials to investigate the possibilities of constructing an airstrip along the under construction Delhi-Katra Expressway in the Haryana districts...

Around 60% Of Buyers Prefer Mid-Range And Luxury Homes Despite Price Surges: ANAROCK

Around 60% Of Buyers Prefer Mid-Range And Luxury Homes Despite Price Surges: ANAROCK

According to the ANAROCK Consumer Sentiment Survey 202,3 there is still a strong demand for mid-range and luxury properties, with 59 percent of consumers favoring residences between Rs 45 lakh and Rs 1.5 crore. The residences priced between Rs 45 and Rs 90 lakh are the most popular (favorited by 35% of respondents), followed by homes priced between Rs 90 and Rs 1.5 crore by 24% of respondents. This...

DLF Plans To Launch 20,000 Crore Rupees Residential Projects Across India

DLF Plans To Launch 20,000 Crore Rupees Residential Projects Across India

The real estate giant DLF has a few residential launches planned for Gurugram, Panchkula, Chennai, and Mumbai this financial year, sum up about Rs 20,000 crore. A high-rise luxury residential building is being built in the centre of Chennai, a mid and high-rise is being built in New Gurugram Sector 76 and 77, and a residential low-rise is being built in Chandigarh Tri-city. We are planning a few...

The Monthly Rental For Luxury Homes Increased About 28% Yearly In Gurugram

The Monthly Rental For Luxury Homes Increased About 28% Yearly In Gurugram

The average premium housing rent increased by 28% in the first half of this year as a result of increased demand, limited supply, and growing capital values, according to Savills India. The average rental rate in Gurugram "seen an increase of 28% year-on-year across all segments. The prime locations like Golf Course Road, and Golf Course Extension Road witnessed the largest increases in rental...

The Reasons Why Real Estate Developers Launching Luxury Projects In Delhi-NCR

The Reasons Why Real Estate Developers Launching Luxury Projects In Delhi-NCR

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,...

Delhi-NCR Beats Mumbai, Pune And Other Top Cities In Luxury Home Sales

Delhi-NCR Beats Mumbai, Pune And Other Top Cities In Luxury Home Sales

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...

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