Listen To The Article Dvok Buildcon, a Gurgaon-based real estate developer, paid Rs 310 crore for an 18-acre tract of land, as per the documents obtained by real estate data analytics company CRE Matrix. According to the paperwork, the corporation paid stamp duty of Rs 21.72 crore and bought agricultural property near Manesar. Even with the demand for homes at an all-time high, a number of...
Indian Real Estate
Listen To The Article Push For Regulations In The Housing IndustryInvestors Have Cautiously Returned To The MarketDespite Increasing Interest Rates, Homebuyers' Attitudes Are ImprovingResurgence Of Middle-Class Consumers And Shifting TastesInfrastructure's Influence On The IndustryPlayers That Are Listed In Expansion ModeForecast For Residential Demand In 2024 There is an extraordinary demand...
Emaar India Sells Out 424 Luxury Residences Amidst Strong Market DemandNew Residential Projects On The Horizon For Delhi-NCR And North IndiaEmaar India's Journey From Joint Venture To Independent Success Listen To The Article As part of its development strategy, real estate developer Emaar India plans to invest Rs 900 crore over the next four years to build luxury housing projects in Gurugram,...
The residential real estate market in India has seen a 35% year-on-year increase in non-resident Indian (NRI) investments over the last year. The average ticket size investment falling between 90 lakhs and 1.5 crore, according to NoBroker data. Although the trend is not new, the increase in demand is significant when compared to the period before to the Covid-19 pandemic, when it was in the single...
The India division of Dubai-based real estate developer Emaar Properties has signed a joint venture deal with Worldwide Resorts & Entertainment to build a 73.60-acre land parcel in Gurgaon for Rs 278 crore. This was Emaar India's third contract since December 2021, and it was signed in June 2023. Emaar India and Synergy Finhub signed a joint development agreement (JDA) in August 2022 for the...
The share of non-resident Indians (NRIs) in the Indian property market has doubled since the Covid-19 outbreak, and nearly 20% of sales for several real estate developers are now coming from outside the nation. According to industry experts, the share of NRIs in premium and luxury product sales has more than doubled to 20%. Prior to the coronavirus epidemic, NRIs accounted for fewer than 10% of...