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...
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...
Dwarka Expressway is witnessing a surge in luxury real estate, attracting Delhi's affluent homebuyers who are shifting from traditional independent houses to modern condominiums, integrated communities and high-end residential ecosystems. This corridor is rapidly transforming into a hub for uber-luxury living, offering spacious apartments, green landscapes, wider roads and better urban planning. Enhanced...
Realty major BPTP's latest luxury project -- BPTP Amstoria Verti-Greens has achieved a remarkable milestone of Rs 1500 crore by selling inventory (total 3 towers) on the very first day of launch. The move not only underscores the growing preference for luxury living in one of Gurugram’s most sought-after locations, Dwarka Expressway. BPTP Amstoria Verti-Greens location commenting on the development,...
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,...
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...
Krisumi Corporation, a real estate joint venture between Japan's Sumitomo Corporation and Krishna Group, on Thursday said it has received occupancy certificate for its luxury housing project in Gurugram and will now give possession to around 500 flats. In a statement, the company said it has partnered with Cushman & Wakefield Property Management Services India Pvt Ltd to manage the first phase of...
Hero Realty announced the appointment of Anuj Narang as its Chief Sales Officer. With over 18 years of extensive experience in Indian real estate, Narang brings a wealth of industry knowledge and strategic sales expertise. Before joining Hero Realty, he served as Vice President - Sales at DLF Ltd., where he played a pivotal role in driving sales growth and enhancing customer engagement. In his new role,...
