Real estate company Godrej Properties Ltd has sold around 90 flats for more than ₹1,000 crore on the launch day of its new luxury housing project at Gurugram, despite an overall demand slowdown in residential property market. In a regulatory filing on Friday, the company said around 90 flats were sold on the launch day of its project 'Godrej Astra' located on Golf Course Road micro-market. The...
Delhi-NCR real estate developer Signature Global has acquired 8.39 acres of land in Gurugram for ₹282.4 crore with a development potential of 2 million sq ft, the company said on March 21. The company executed the sale deed on March 20 and the land parcel is located at Sector 37D, near Dwarka Expressway. Signature Global intends to launch a new residential project on the acquired land by the end of...
Construction for the planned Millennium City Centre-Cyber City metro line still months away, HMRTC has set the wheels in motion to develop two new corridors that will connect old and new Gurgaon. Haryana Mass Rapid Transport Corporation (HMRTC) on Thursday invited tenders to prepare detailed project reports (DPR) of the two metro lines. First on the agenda is a 17 km metro line planned from Bhondsi...
The demographic composition along the Dwarka Expressway has also seen a rise in businesses and working professionals, due to the area’s modern infrastructure and excellent transport facilities, leading to a rise in the rental market along with its value. Dwarka Expressway , emerging as one of India's most desirable real estate corridors, captures the interest of investors across all segments....
Over the last few years, property prices across Delhi-NCR have shown steady appreciation, with key hotspots witnessing exponential growth. According to a report by Anarock, NCR recorded a 44 per cent surge in new launches, the highest among major regions. The Delhi-NCR has long been a prominent real estate hub due to its strategic location, rapid urbanization and evolving infrastructure. The region...
The demand for super luxury homes has been booming in India post Covid and now Gurgaon has set a new record with real estate major DLF selling 173 apartments worth Rs 11,816 crore in nine weeks at its upcoming Dahlias — north India’s most expensive soon-to-be-launched condominiums. For perspective, the developer did this kind of business at Camellias, which is home to top CEOs and HNIs, in nine years,...
New Gurgaon is emerging as a prime real estate hub with excellent connectivity, rapid development, and affordable residential and commercial spaces. New Gurgaon is rapidly emerging as a prime real estate destination due to its upcoming residential and commercial projects and excellent connectivity to various parts of the National Capital Region (NCR). Divided into two key clusters—Sectors 102 to 113...
Realty firm Signature Global is targeting to achieve zero net debt during the next fiscal year on healthy internal cash flow supported by strong consumer demand for its residential projects in Gurugram. The company has reduced its net debt in the October-December quarter to Rs 740 crore, from Rs 1,020 crore at the end of the second quarter of this fiscal year. "We will achieve zero net debt during...
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...
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