According to CBRE's 'India Market Monitor Quarter 1 2023' study, the luxury residential market in India will continue to rise in sales and launch activity in 2023 for the second year in a row. An increase of over 151% Year on Year was registered between January 2023 and March 2023. Delhi-NCR is currently in first place, with a 216% rise in luxury housing sales in Quarter 1 2023 compared to Quarter...
The launch of the Dwarka Expressway in Gurgaon is predicted to enhance real estate prices in the vicinity by 30-40%. Because of the increased interest in the area, numerous developers have launched projects along the Expressway, driving up home prices. The completion of the Dwarka Expressway is expected to have a significant impact on the Gurgaon real estate market in terms of both demand and price...
Listen To The Article The Gurugram-based real estate firm Ganga Realty has announced that it will spend Rs 4 billion in Swarnim, its first high-street retail project, in Gurugram's Sector 5. As per the company’s recent announcement about its affordable housing project in Sohna Road, which would be its second significant undertaking. The project is located 20 minutes away from the proposed...
Listen To The Article The 990-crore resolution plan for the insolvent real estate company Sare Gurugram, a division of Sare Homes, proposed by a consortium consisting of KGK Realty and Dhoot Infra, has been approved by the insolvency tribunal NCLT. A two-member primary bench in Delhi, made up of President Ramalingam Sudhakar and Member Technical A K Srivastava, approved the bids and ordered that...
Listen To The Article Godrej Properties Limited, encouraged by the strong housing demand, purchased 18 land parcels in 2023 for the development of new projects with an estimated sales potential of more than 32,000 crores. The Mumbai-based Godrej Properties, a part of the behemoth Godrej Group, stated that it will add new land parcels with a sales revenue potential of Rs 15,000 crore. In order...
Listen To The Article Renowned real estate developer M3M India recorded its highest-ever sale of Rs 13,000 crore during the financial year 2023, an increase of 113% as compared to the financial year 2022 Rs 6,100 crore. M3M India's founder, Pankaj Bansal, claims that the group aims to achieve Rs 20,000 crore in sales in the financial year 2024 due to the continued growth of the residential...
Listen To The Article The ICON, a new project launched by the Gurgaon-based, renowned real estate developer Mapsko Group. The property is strategically located on 2.312 acres of land in Sector 79, Gurgaon. The ICON offers residents a lavish way of life with its 53 classily designed 4BHK apartments measuring 3500 square feet. With an abundance of top-notch amenities, such as an elegant...
Listen To The Article Nitin Gadkari, the union's minister of transport and highways, will dedicate the cloverleaf intersection, which connects the Dwarka Expressway and NH-8 Southern Peripheral Road with four-way loops, next month. After meeting Gadkari and talking about numerous projects related to the NCR area, Union minister and Gurgaon MP Rao Inderjeet Singh stated on Wednesday that the...
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 Godrej Properties Limited recorded its highest-ever quarterly and yearly sales in Quarter 4 Financial Year 2023. With a record bookings of INR 4,051 crore and growing by 56% to INR 12,232 crore. Sales volumes increased by 19% Quarter on Quarter from 4.42 million square feet to 5.25 million square feet during the period. Sales volumes increased by 40% in area terms from...
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