DLF Ltd, the country's largest realty firm, will invest around Rs 40,000 crore over the next 4-5 years to develop housing and commercial projects as part of its strategy to expand business amid strong demand for premium properties. Last week, DLF Group held a meeting with analysts in Gurugram to give them an update on its current business situation and future plan for medium term. It gave a corporate...
The demand for luxury homes in Gurugram last year increased by whopping 66 per cent to nearly Rs 1.07 lakh crore, according to a report by real estate data analytic firm PropEquity. As per the data, housing sales in Gurugram rose to 1,06,739 units in CY 2024 from 64,314 units in 2023. DLF, Signature Global, Godrej Properties, M3M India along with its group firm Smartworld Developers, Elan Group, ATS...
Delhi-NCR has pipped Mumbai and Hyderabad to emerge as the top selling housing market across nine cities in 2024 owing to 66% growth in sales value in Gurugram alone. With this, Delhi-NCR has breached the ₹1 lakh crore sales value threshold, a report by PropEquity, a real estate data analytics firm has said. The total sales value of Delhi-NCR rose by 63% in 2024 to ₹1.53 lakh crore while that of...
Gurugram housing market witnessed strong demand for luxury homes last year with sales rising 66 per cent to nearly Rs 1.07 lakh crore, according to PropEquity. Real estate data analytic firm PropEquity on Tuesday released data of housing sales of the top 9 cities in terms of value. As per the data, housing sales in Gurugram rose to Rs 1,06,739 crore last year from Rs 64,314 crore in 2023 calendar...
The Dwarka Expressway, once envisioned as a solution to Delhi's traffic woes, is rapidly transforming into a vibrant and sought-after luxury residential hub. The area is attracting both developers and discerning homebuyers seeking a modern and upscale lifestyle. This transformation is driven by a confluence of factors, including improved connectivity, strategic location, and the development of high-end...
The housing market continues to soar in the country as prices appreciated at about 10% during the last quarter of 2024. The average prices across India’s top eight cities — Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR) and Pune — witnessed an increase. Delhi NCR led the way with over 30% annual price rise. It was, however, the Dwarka Expressway stretch...
Dwarka Expressway has been identified as India's fastest-growing real estate corridor, recording an exceptional 58% year-on-year increase in housing prices during the last quarter, making it the highest in the country, as per a recent report by CREDAI-Colliers-Liases Foras. This surge has surpassed all other major cities and micro-markets, positioning Dwarka Expressway as the leading investment destination...
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 major ONE Group Developers is set to build an uber-luxury residential project – The Saavira - in Gurugram. This much-awaited real estate project has received RERA approval and is located in Sector 48, Sohna Road. Gurugram Real Estate News, ONE Group Developers Strategically positioned in a prime location, ONE Group Developers’ The Saavira will feature an exclusive high-rise tower (G+25)...
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...
