Birla Arika, a luxury residential project, is spread across 13.275 acres and has a development potential of 2.4 million square feet with seven high-rise towers planned. The project is located off NH-48 at Sector 31 in Gurugram. Birla Estates Private Limited, a wholly owned subsidiary of Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited), announced record sales of...
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...
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...
Realty developer TARC Ltd is expecting Rs 2,000 crore revenue from the next phase of its two projects - Ishva and Kailasa, Amar Sarin, managing director and CEO of the company told ET. The developer has reported pre-sales of Rs 1,165 crore, during Q3FY25 taking the pre-sale to Rs 2,487 crore in the first nine months of FY2025, nearly six-fold year-on-year increase. “The success of TARC Ishva and...
The real estate market in the Delhi-NCR, especially the luxury segment, is currently experiencing remarkable growth with demand for luxury residential properties surging recently among both end-users and investors. In an interview with news18.com, Gautam Kanodia, founder of KREEVA and Kanodia Group, shares his insights into the transformative real estate sector in NCR and the company’s plans going...
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...
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...
With rising demand and consistent price appreciation, Gurgaon’s real estate market is on a strong growth trajectory. Its prime location, excellent connectivity, and world-class infrastructure make it a preferred choice for homebuyers and investors alike. The Evolution of Gurgaon Real Estate Infrastructure Gurgaon has long been a pioneer in shaping India’s luxury real estate market, and its...
