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...
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 along with Sohna are set to experience the delivery of 41,000 housing units over the next three years from 2025 onwards. According to Square Yards, Dwarka expressway is likely to witness the delivery of around 25,000 units by the next few years. The report reflects a promising growth path for real estate development in and around the expressway. With the rapid infrastructure...
Dwarka Expressway has emerged as India’s fastest-growing real estate corridor, witnessing a 58 percent year on year (YoY) surge in prices of properties along the expressway during the October-December 2024 quarter. According to a joint research by CREDAI-Colliers-Liases Foras, this is the highest price growth in the country during Q4CY2024. This record growth outpaced all other major cities and...
Luxury real estate in Delhi-NCR is seeing sustained growth, offering buyers a diverse range of options, from established high-end neighborhoods to rapidly developing micro-markets. The housing segment experienced a steep surge in demand for both luxury and premium housing, driven by increasing disposable incomes, buyers' changing lifestyle preferences, favorable home loan rates, and various other...
Owning a home is a necessity other than a common dream, representing, safety, security, and a sense of belonging. But obstacles like increasing property prices, lack of affordable housing, economic uncertainty, and high interest rates are making homeownership more and more challenging over the period now. Restricted access to credit, particularly for first-time buyers is another barrier. Red tape 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...
Delhi-NCR-based real estate developer BPTP will invest around ₹3000 crore to develop a luxury housing project in Gurugram, the company said in a statement on February 20. It said that it has launched a luxury residential project 'BPTP Amstoria Verti-Greens' in Sector 102, Gurugram, on the Dwarka Expressway. The project will come up in three phases. The first phase has received RERA approval, it...
Due to its proximity to the Himalayan belt, Delhi NCR faces significant seismic risks, leading developers in the region to focus on the construction of earthquake-resistant projects. Real Estate News , Earthquake in Delhi NCR : In light of the recent 4.0 magnitude earthquake in Delhi NCR , discussions have been raised regarding the resilience of buildings in the region. The question, ‘Are these...
Real estate company Signature Global on Wednesday said it has awarded construction contracts worth Rs 567.37 crore to build its housing project in Sohna, Gurugram. The company has given Rs 482 crore contract to B L Gupta Construction (P) Ltd, while Shri Balaji has been given work worth Rs 85.37 crore for the project 'Daxin Vistas', the company said in a statement. B L Gupta Construction will construct...
