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...
Real Estate
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 Vatika Group, one of India's leading real estate developers, has recently partnered with IREAA India Pvt Ltd as key leasing partners for their retail developments in New Gurgaon. This agreement is intended to attract a number of well-known retail companies to the neighbourhood, delivering a great shopping experience for all New Gurgaon residents. Vatika has the...
Listen To The Article According to a top corporate official, Godrej Properties estimates a 14% increase in sale bookings this year to a record Rs 14000 crore due to strong housing demand. Godrej Executive Chairman Pirojsha Godrej told that the company's performance in 2022-2023 was very solid on all essential indicators such as sale bookings, cash collections from clients, project completion,...
Listen To The Article When most of the city's licenced colonies were being developed in the 1990s, essential facilities including as roads, power supply, water supply, and sewerage were planned with the construction of two and a half levels on each residential plot in mind. The population has more than doubled in the last three decades, and four levels are permitted on residential floors until...
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 In Gurugram, at 21B Udyog Vihar, 91Springboard has opened a Platinum hub with more than 1000 seats. The 40,000 square foot coworking space was built to accommodate the region's expanding need for opulent offices with high productivity levels. This location joins Sector 44, Vatika Triangle (MG Road), and Udyog Vihar as the city's other hubs. The monthly membership fee for...
Listen To The Article To make it easier to travel between NH-48 and the Dwarka Expressway, the Gurugram Metropolitan Development Authority (GMDA) plans to rehabilitate two important arterial routes, one 4.9 km long stretch between IFFCO Chowk and Mahavir Chowk, and another 6.5 km long stretch from the old railway road to the Dwarka Expressway. In order to improve and upgrade the roadways from...
Listen To The Article DLF Home Developers has awarded Engineering and construction giant Ahluwalia Contracts (India) a contract of Rs. 744.68 crore to build the civil structures for "The Arbour Project" in Sector-63, Gurugram. The order is for civil construction, waterproofing, and rough finishing work for the residential development's north parcel. The development is a gated neighbourhood...
Listen To The Article The district government came up with a definitive plan for occupants of towers that an IIT-Delhi panel found unfit for habitation after holding meetings with all parties involved in the Chintels Paradiso condominium in Sector 109. They can choose to reside at the same property and developers will construct new flats for them in three years, or they can choose to receive a...