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Southern Peripheral Road (SPR) Booms with 125% Price Surge: Gurugram’s Next Cyber City in the Making

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 10-year delay, Unitech set to restart work on six projects in Gurugram

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 to invest Rs 1,200 crore to develop housing project in Gurugram

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...

Godrej Properties

Godrej Properties Purchases Plots With A Potential Revenue Of 200 Billion

This Is How Godrej Properties Maintained Status As A Prominent Realty PlayerGodrej Properties Buys Several Land Parcels In The Current Fiscal YearGodrej Properties Added New Projects Worth Rs 8,425 CroreGodrej Properties Continuously Making Its Portfolio StrongerGodrej Properties Net Profit Increased By 11% Listen To The Article Godrej Properties has combined many plots with a total potential...

Mahindra Lifespaces

Mahindra Lifespaces Aims To Build Rs 45000 Crore Projects In Next Five Years

Mahindra Lifespaces Plans To Concentrate On Collaborative VenturesMahindra Lifespaces Delivered Rs 1243 Crore Projects In First Nine Months Of 2023Mahindra Lifespaces Focusing On Emerging Micro MarketsMahindra Lifespaces Upcoming And Current Projects As part of its plan to achieve five-fold growth in pre-sales in the next five years, Mahindra Lifespace Developers, the real estate and infrastructure...

TARC

TARC Limited Will Build Premium Apartment Complex In Central Delhi

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...

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...

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...

Homes More Than Rs 3 Crore Makes Over One Third Of Overall Sobha Sales

Homes More Than Rs 3 Crore Makes Over One Third Of Overall Sobha Sales

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...

Affordable Housing Projects Rates Revised In Gurugram, Faridabad

Affordable Housing Projects Rates Revised In Gurugram, Faridabad

The price of affordable flats in Gurugram, Faridabad, Panchkula, Pinjore, and Kalka has increased from $4,200 per square foot (sq. ft.) to $5,000 per sq. ft. as a result of new rates announced by the department of town and country planning (DTCP) on Thursday. Additionally, the cost of a balcony has gone up from $1,000 to $1,200 per square foot. However, according to the regulation, if the balcony is...

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