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...
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 Gurugram real estate market has grown exceptionally in both the residential and commercial sectors. Regardless of high competition from important NCR markets like Noida, Greater Noida, and Faridabad. Gurugram has developed into a well-known investment area in recent years on a global scale as a result of the considerable presence of Fortune 500 firms and multinational...
Listen To The Article The National Capital Region (NCR) saw a spike in new residential unit releases during the first quarter of 2023, as per the most recent data by the real estate consultants Anarock. However, there has been a small decline in sales due to several reasons. Around 12,450 new apartments were added across NCR cities in the first quarter of 2023, which is 34% more than the same...
Listen To The Article The national capital region's prime residential market, Gurugram saw a net 10% hike in housing sales in the first trimester of 2023. But, other NCR regions like Noida and Greater Noida, saw housing sales fall by 23%, according to the reports of Anarock. The real estate experts in Gurugram anticipated the strong demand for luxury and ultra-luxury homes. As per the Anarock...
Listen To The Article The Special Window for Affordable and Mid-Income Housing (SWAMIH) fund has accepted approximately Rs 207 crore for the completion of a stalled real estate project in Greater Noida. The last-mile funding, of which the first instalment was recently released, will result in the timely supply of homes to 1,000 house consumers at Sikka Kimaya Greens. "The Sikka group...
Listen To The Article Godrej Properties today announced that it sold villas worth more than Rs 300 crore on the first day of the launch of a 100-acre township in Greater Noida, defying the current slowdown in the NCR property market. Godrej Properties is the Godrej Group's real estate division. This is the firm's first project in the Noida-Greater Noida area. The 'Godrej Golf Links' township...
Listen To The Article Gurgaon’s Golf Course Road, Extension Road, and Sectors 128–135 on the Noida Expressway are emerging as preferred NCR micro markets for developers for both residential and commercial projects, with non-residents looking to acquire land in these two areas. While M3M has several projects on Gurgaon’s Gold Course Road Extension, DLF is also planning to launch a group...
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