Real estate development company Signature Global will continue to focus on the mid-income segment to drive growth in the upcoming quarter. Speaking to NDTV Profit, the company’s Chief Executive Officer Rajat Kathuria said Signature Global has been witnessing strong demand for its mid-income projects. "In FY25, our strategy was similar to earlier times, but very simple. If we create supply around...
Both Dwarka Expressway and SPR present strong ROI potential, with the ideal choice depending on an investor’s objectives—short-term appreciation or long-term capital growth. Gurugram’s real estate market has witnessed remarkable growth, driven by key infrastructure developments. Property prices have been rising steadily each quarter, driven by developments like the Dwarka Expressway and Southern...
Onward Workspaces, a provider of premium co-working and managed office spaces, has successfully leased 7,050 sq ft of its newly constructed 18,000 sq ft premium facility at Emaar Capital, Gurgaon, to Clarksons Shipping, a prominent UK-based global leader in integrated shipping services. The space, designed to accommodate 120 workstations, reaffirms Onward's ability to offer tailored solutions to...
AIPL (Advance India Projects Limited) has achieved a significant milestone with its latest development, AIPL Masterpiece, securing a rental deal of Rs 200 per square foot. This landmark transaction not only sets a new pricing benchmark for the region but also cements AIPL Masterpiece's position as the premier destination for Grade A office spaces in Gurugram. The project also received the prestigious IGBC...
As the demand for luxury properties and spacious homes continue to rise, developers are concentrating on launching more luxury projects to attract buyers and cash in on opportunity. Gurugram has emerged as a premier real estate market in Delhi-NCR region, thanks to the new launches and price appreciation. Over the past few years, Gurugram, which is also known as the Millennium City, has witnessed a...
Realty major Signature Global Limited has achieved its best-ever pre-sales of Rs 8670 crore in the first nine months of the financial year 2024-25, on strong housing demand. The Gurgaon-based real estate company also reported 260 per cent revenue growth to Rs 1980 crore in the April-December period of the ongoing fiscal year. In a release, the realty firm said, “Reports 260% Revenue Growth to INR 19.8...
Many people in India are moving away from major cities like Delhi and Mumbai, leading to a notable increase in property prices in nearby areas. A recent report by eXp Realty India reveals that property prices have risen significantly, with several regions experiencing double-digit growth since the start of 2024. Gurugram, located just outside of Delhi, has seen the most substantial increase, with...
Gurugram, a premier real estate market in India, experienced a significant increase in new project launches, reaching Rs 88,000 crore in calendar 2024, compared to Rs 45,000 crore in 2023, with developers concentrating on upmarket luxury projects featuring larger flats. According to Haryana RETA data, whilst 239 projects worth Rs 64,000 crore were launched in Gurugram in 2017, the number decreased to...
The Reserve Bank of India’s recent decision to cut the repo rate by 25 basis points to 6.25 per cent is set to boost the real estate sector. Coming after nearly five years, the first reduction in the repo rate is expected to have a significant impact on housing demand, investment sentiment, and new project launches. RBI Repo Rate Cut, RBI Repo Rate Cut Impact on Real Estate Sector The reduction may...
New Delhi, Feb 10 (PTI) Real estate company Smartworld Developers has awarded Rs 532 crore contract to Varindera Constructions for its upcoming project in Gurugram. In a statement on Monday, the company said it has awarded contracts worth about Rs 1,400 crore for its various projects in just six months. "For its upcoming iconic project, Smartworld Sky Arc, the company has awarded the construction...
