The real estate giant DLF has a few residential launches planned for Gurugram, Panchkula, Chennai, and Mumbai this financial year, sum up about Rs 20,000 crore. A high-rise luxury residential building is being built in the centre of Chennai, a mid and high-rise is being built in New Gurugram Sector 76 and 77, and a residential low-rise is being built in Chandigarh Tri-city. We are planning a few...
The estate giant DLF has launched 92 opulent independent floors in Gurgaon and expects sales revenue of close to Rs 400 crore. The joint managing director and chief business officer of DLF Aakash Ohri confirmed. The company is launching 92 independent floors in Gurugram that are situated in corner plots and are priced between Rs 4 and Rs 5 crore. The company anticipates generating sales revenue of...
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...
Due to the upcoming festival season, developers have been buying land over the last six months in an effort to meet the increased demand for homes. Delhi-NCR is expected to have a record number of housing unit launches around the coming festive season. NCR based real estate developers like DLF, Godrej, L&T, TARC, Signature Global, and County Group among the developers with launches scheduled...
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...
Experion Developers has bought a land lot in Sector 48 in Gurgaon through a government auction worth around Rs 550 crore. The 5.5-acre plot of land is auctioned by HSVP. This is the company's fourth acquisition in the last several months. The land parcel will be used to build a luxury residential project in sector 48, Gurugram. This land acquisition is a key milestone for Experion Developers...
Godrej Properties is ready to repurchase all the units sold in the Godrej Summit project in Sector 104, Gurgaon. This decision comes after the concrete used in the construction was found to be contaminated with chloride, causing corrosion in the steel reinforcement when mixed with water. According to Executive Chairperson Pirojsha Godrej, only around 50 residents have shown interest in selling back...
Many developers and local builders have launched a flurry of luxury real estate projects in Delhi-NCR. The healthy offtake and demand for renovating properties in the premium class is the main reason behind this. The publicly traded real estate company is still optimistic about India's housing market and anticipates strong sales momentum to continue as a result of the country's rising urbanisation,...
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...
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