Experion Developers is proud to announce the unique availability of 10 gorgeous units for sale in Windchants, a premier real estate development community known for its dedication to building great living spaces. The project is nestled in the exclusive sector 112 of Gurugram, the Millennium city, Windchants is a monument to unmatched elegance and sophistication. Being the first development in the...
The Gurugram-based real estate company Conscient Infrastructure purchased 6.6 acres of property in Gurugram to build a housing project for more than Rs 85 crore.The capital markets division of the real estate company Cushman & Wakefield in Gurugram's Sector 80 assisted in the transaction.The cost of the land sale was not included in the statement. However, market sources, claimed that the agreement...
Godrej Properties Limited, a major participant in the real estate industry, announced that it has purchased roughly 15 acres of land parcel in Gurugram, Haryana, for the construction of premium residential developments. The corporation stated in a filing to the stock exchanges that the land was purchased outright. However, the cost of purchasing the land or its potential for generating income have...
According to a recent analysis by R&R by Rise, the demand for both residential and commercial buildings would cause the Delhi-NCR real estate market to increase significantly in 2023. The 30- to 44-year-old millennial group, which is driving this demand, is anticipated to reach new heights in the upcoming year. About 40% of prospective purchasers believe that real estate in Delhi-NCR is the...
The focus is now on land purchases as real estate developers are picking up the pace with new projects as major companies have high sales goals for themselves beginning this year. According to JLL India report, approximately 100 land transactions encompassing a region with a 209 million square foot development potential occurred between January 2022 and May 2023. About 84% of this was allocated...
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 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...
TARC Limited, a Delhi-based real estate developer, plans to triple its sales income to Rs 1500 crore in Financial Year 2023-2024, owing to strong demand for luxury residential developments, according to Amar Sarin, CEO & Managing Director - TARC Ltd. The company has reached a project sales value of Rs 520 crore and plans two new launches in Central Delhi and Gurgaon in Financial Year...
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...
Krisumi Corporation, a joint venture of Japanese firm Sumitomo Corporation and Indian auto components firm Krishna Group, will invest Rs 300 crore in phase 2 of the 30.38-acre housing project "Krisumi City" in Sector 36A, Gurugram, according to a senior official. Both partners funded the initial capital, and the company expects to earn Rs 500 crore from it. The company has set a revenue target of...
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