Real estate company Hero Realty has appointed Rohit Kishore as its new Chief Executive Officer (CEO). Kishore has over 21 years of experience in the real estate industry, Hero Realty said in a statement on Monday. Kishore joins Hero Realty from Eldeco Properties, where he served as the CEO. Before Eldeco, he worked in many real estate companies, including Lotus Greens Developers, MARS Development,...
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...
Realty firm DLF's rental arm will invest around Rs 6,000 crore to construct 75 lakh square feet of prime office and retail spaces in Gurugram to tap demand for top-quality green commercial properties. DLF Cyber City Developers Ltd (DCCDL) is a joint venture between DLF and Singapore's sovereign wealth fund GIC. DLF holds nearly 67 per cent stake in the JV firm. In its latest investors presentation...
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...
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...
A surge in premium property demand positions Gurugram as a key player competing with Mumbai. Gurugram’s real estate market has exploded, with property prices nearly doubling and the area gaining prominence as one of India's fastest-growing property hotspots. The city is witnessing new high-end residential launches and luxury projects, solidifying its status as the preferred choice for both investors and...
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...
