Gurgaon: Driven by rapid infrastructure development and improved connectivity, Dwarka Expressway has seen a sharp rise in real estate activity and property values over the last four years. Sectors 113, 37D, 106, 111 and 103 have emerged as key hotspots, contributing to 74% of the supply in the last four years, according to a study. Launch prices nearly doubled — from Rs 9,434 per sqft in 2020 to Rs...
Welcome to the new epicentre of ultra-luxury in India, where DLF isn't just selling apartments, it is curating a billionaire lifestyle and cashing in on the growing trend of 'living life king-size'. On a quiet morning, a Rolls-Royce pulls up to the entrance of The Camellias in Gurugram. Inside, a business tycoon with a net worth of crores is finalising the purchase of his third DLF property. Across the...
The Southern Peripheral Road (SPR) in Gurgaon has emerged as the region’s most active micro-market with projects worth Rs 50,000 crore launched since 2022 and another Rs 50,000 crore in the pipeline over the next three years. Property prices along SPR have recorded the sharpest increase in five years, rising from Rs 7,690 per sq ft in 2020 to Rs 18,000 per sq ft by mid-2024. India’s largest...
India’s rich are using a low-risk real estate strategy to grow their wealth, quietly doubling or even tripling their investments without relying on startups or stock markets. According to luxury property advisor Aishwarya Shri Kapoor, high-net-worth individuals (HNIs) and non-resident Indians (NRIs) are using a method called the “rotation strategy” to turn Rs 5 crore into Rs 12–14 crore over a...
Gurugram News: Gurugram Metropolitan Development Authority (GMDA) officials claim that the road construction work going on from Sector 81 to Sector 95 will also be completed before the monsoon season begins. The multi utility corridor is being built from Dwarka Expressway to Manesar. Gurugram News: The work of the 5.5 km long re-construction multi utility corridor from Dwarka Expressway to Manesar is...
A new high-speed rail project could soon connect Gurugram and Greater Noida through Faridabad and Noida. The National Capital Region Transport Corporation (NCRTC) has proposed a regional rapid transit system (RRTS) that aims to boost travel across important parts of the NCR. The new rail line will also link with the Ghaziabad-Jewar airport corridor, according to a communique sent by NCRTC to the Haryana...
The Gurugram Metropolitan Development Authority (GMDA) on Tuesday took possession of a 200-metre-long and 150-metre-wide stretch of land along Rampura Road, ending a decade-long legal deadlock that had blocked a crucial link between National Highway 48 and Pataudi Road. Following Supreme Court’s order on Monday, dismissing a special leave petition by a private landowner, GMDA immediately took control of...
New Delhi, May 20 (PTI) Dwarka Expressway in Gurugram has witnessed a five-fold jump in average housing prices in the past 14 years with rates soaring over Rs 18,000 per square feet on rising land cost and strong demand, according to PropEquity. In a statement on Tuesday, real estate data analytic firm PropEquity said, "The weighted average price of new launches rose from Rs 3,753 per sq ft in 2010 to...
Former cricketer and Indian cricket team opener Shikhar Dhawan has purchased an apartment at DLF’s latest super-luxury offering The Dahlias for Rs 69 crore in Gurugram, documents accessed by CRE Matrix, a real estate analytics firm showed. According to documents, the super-luxury apartment measures 6,040 square feet and is located in The Dahlias at DLF5 Golf Links in Gurugram sector 54. The high-value...
Mumbai-based Oberoi Realty is set to enter the Gurugram real estate market with a high-end luxury project, featuring apartments ranging from 5,000 to 8,000 sq ft, according to Vikas Oberoi, CMD of Oberoi Realty. Oberoi said the Gurugram project will be modeled after the company’s flagship luxury development, Three Sixty West, located in Mumbai’s Worli. There, apartments are priced at ₹1.50 lakh per...
