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 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...
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...
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 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 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...
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...
Real estate developers are responding to consumer housing demand by building larger flats in major cities. From January to March of this year, the average size of flats introduced in seven cities climbed by 5% over the previous year. According to the data, the average size of apartments in these seven main cities increased from 1,170 square feet last year to 1,225 square feet this...
The luxury rentals on Golf Course Road Gurgaon and the prime locations of south Delhi have grown significantly as top executives and expatriates began work. Rentals on Golf Course Road in Gurgaon have climbed 14% year on year, while rentals at DLF5 Golf Links apartments such as The Magnolias, The Aralias, The Camellias, and The Crest have more than doubled since 2020. Savills India reported...
DLF, a prominent real estate firm, intends to sell property projects worth Rs 197 billion by March of next year. Due to robust demand for housing, the company expects to book sales of roughly Rs 120 billion in the current fiscal year. DLF reported a more than two-fold increase in sale bookings in the last fiscal year, reaching a record Rs 150 billion, up from Rs 72 billion the previous year. The...