Noida

High-end residential unit suppliers in Gurgaon and Noida, such as DLF, TARC, Raheja, and Unity Group, are experiencing a surge in demand from residents in Central and West Delhi seeking exclusivity and security in gated communities. According to analysts, this is the first time that such a large number of branded products will be available in a market where supply has always been an issue. "There is...

Godrej Properties and Hero Realty are in talks to sell a 14-acre land piece in Gurugram worth roughly Rs 730 crore. The Mumbai-based real estate firm purchased the land in Sector 89 from a local land-aggregating company almost two years before. "The sale of the land is surprising given that Godrej purchased it less than two years ago." "The deal is at a very advanced stage, and both partners...

Experion Developers has purchased a six-acre land lot in Sector 53 Gurgaon for around Rs 400 crore from the Haryana Shahari Vikas Pradhikaran (HSVP), the state urban development organization. The department had auctioned off another two-acre plot in Sector 56 for Rs 120 crore to TREVOC (The Real Estate Venture of Chawlas), one of the Spaze group's three proprietors. The Haryana State Industrial...

Godrej Properties purchased around 15 acres of land in Gurugram Sector 103 for a net value of Rs 403 crore from Microtek Infratech. The news confirmed by CRE Matrix, a real estate data analytics business provider. The sale deed was signed in the name of Godrej Vestmark LLP On June 22, 2023. According to the paperwork, the company also paid a stamp duty of Rs 28.21 crore for the...

Signature Global, a Delhi-NCR based real estate developer, plans to build over 21 million square feet residential projects over the next six to seven years, according to the company's CEO, Rajat Khaturia. Signature Global is all set to launch its IPO on September 20, will build 19 low- and middle-income developments in Gurugram and its catchment areas such as Sohna Elevated Road and Manesar. "We...

Experion Developers, backed by Experion Holdings of Singapore, intends to invest Rs 4,700 crore in the construction of luxury apartments in Gurugram and Noida in Financial Year 2024. The company anticipates three projects in the two cities bordering the national capital, totaling 4.1 million square feet and a collective top line of Rs 6,500 crore. It intends to invest Rs 1,400 crore in Noida's...

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...

Residential property prices in the Delhi-NCR region have increased strongly over the last five years as per 99acres data. Changes in government policies, economic situations, and regulatory reforms have all contributed to market changing aspects. "More than 1.6 lakh housing units are set to be delivered to home buyers across Delhi NCR in 2023," said Maneesh Upadhyaya, Chief Business Officer,...

Global Health Limited (Medanta), a prominent private multi-speciality healthcare service provider, and DLF, a real estate giant, has signed an agreement to launch a 400-bed multi-super speciality hospital in the heart of Delhi. Medanta and DLF both will hold 50 percent of the new company. DLF will be a strategic investor, while Medanta will administer and control the hospital. The super-specialty...