Category: News
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Luxury home sales are up 27% in the top seven cities this year
Read More: Luxury home sales are up 27% in the top seven cities this yearDelhi-NCR, Mumbai, and Hyderabad accounted for nearly 84 percent of total luxury home sales in the top seven cities NEW DELHI The real estate sector continued to gain momentum, Rs 4 crore and sales of more expensive homes rose 27 percent in the first half of this year. According to the latest report by real…
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Higher GST top concern for real estate developers
Read More: Higher GST top concern for real estate developersNOIDA: Real estate developers in Noida and Greater Noida in western Uttar Pradesh are waiting for the first budget of the Modi 3.0 government to give their industrial status to facilitate access to finance and resolve GST issues, including the 28 percent cement tax. Hoping for a “nuanced approach” to real estate, developers are seeking…
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Ajay Devgn’s NY Cinemas First Steps in Delhi at NCR Elan Epic Mall, Gurugram
Read More: Ajay Devgn’s NY Cinemas First Steps in Delhi at NCR Elan Epic Mall, GurugramGurugram (Haryana) [India], June 14: Ajay Devgn-owned NY Cinemas launched its first channel package in Delhi at NCR Elan Epic Mall, Sector 70, Gurugram. It stands out as one of the most admirable multiplexes in the area. Elan Epic, an epitome of modern retail, is strategically located in Sector 70 of the Southern Peripheral Road…
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Aadhar Housing Finance to raise ₹ 6,000 crore in FY25
Read More: Aadhar Housing Finance to raise ₹ 6,000 crore in FY25AADHAR HOUSING FINANCE plans to raise ₹ 6,000 crore in 2024-25. In May, the company raised 1000 million from the sale of fresh shares. “We are borrowing over ₹ 6,000 crore this year. Non-convertible debentures are expected to constitute nearly 20% of total borrowing,” CEO and managing director Rishi Anand said. Assets under management grew…
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Max Estates is going to build a Gurgaon residential property.
Read More: Max Estates is going to build a Gurgaon residential property.According to three sources with knowledge of the matter, Max Estates and Namo realtech private ltd have signed a Joint matter Agreement (JDA) to build a group housing project on the Dwarka Expressway in Gurgaon. The property is adjacent to Krisumi Waterfall Residences, which is a joint venture between Indian auto component manufacturer Krishna Group…
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‘Buyers Want Bigger, Better Homesand are Willing to Pay for Them’
Read More: ‘Buyers Want Bigger, Better Homesand are Willing to Pay for Them’DLF is betting big on increasing super luxury consumption and 90% of the 11.6 million square feet of projects it plans to launch in FY25 — with total revenue potential of Rs 36,000 crore — will be in the super luxury segment. The proposed launches will include apartments priced Rs 60 crore and above in…
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Gurugram: Chintels Paradiso’s five buildings will be demolished
Read More: Gurugram: Chintels Paradiso’s five buildings will be demolishedDC Permission to demolish dangerous towers in Chintels Paradiso is granted by Nishant Yadav. The demolition will be done floor by floor by Edifice Engineering. There are settlement agreements with apartment owners, progress reports, and safety precautions in place. GURUGRAM: On Monday, Deputy Commissioner Nishant Yadav authorized the demolition of the five towers in Sector…
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Which Indian cities will see the highest sales in 2024? Houses worth more than ₹ 1.5 crore.
Read More: Which Indian cities will see the highest sales in 2024? Houses worth more than ₹ 1.5 crore.According to property consultant ‘Anarock’, in the first half of 2024 Total houses sold in top Indian cities in the quarter 21% luxury houses (price above ₹1.5 crore) stay involved. Highest number of luxury houses in Mumbai (9,360) sold. After this Delhi-NCR (6,060), Hyderabad (5,755), Bengaluru (3,455), Pune (1,530), Chennai (530) and Kolkata (380) was…
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SBI contributed Rs. 714 crore to the Gurugram project by TCG.
Read More: SBI contributed Rs. 714 crore to the Gurugram project by TCG.Documents discovered by the real estate data analytics firm CRE Matrix indicate that the project will cost a total of Rs 1,211 crore, of which the entrepreneur has contributed Rs 497 crore. The State Bank of India has contributed Rs. 714 crore to TCG Urban Infrastructure, a company based in New York that is building…
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Strong buyer sentiment in the home market, according to a Magicbricks study.
Read More: Strong buyer sentiment in the home market, according to a Magicbricks study.With an overall HSI of 149, the real estate platform’s flagship Housing Sentiment Index (HSI) report, which reflects a good outlook for the residential real estate market, was released. As a result of strong buyer confidence and inflationary pressures, the nation’s housing attitude is still strong, according to a Magicbricks poll conducted in 11 cities…
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The Punjab & Haryana High Court dismisses the Emaar India FIR.
Read More: The Punjab & Haryana High Court dismisses the Emaar India FIR.The Punjab and Haryana High Court dismissed the FIR against JLL India and Emaar India, ruling that the charges of fraud and undervaluation were unfounded. There were allegations of asset manipulation during the demerger in this instance, however the complaint contained no criminal charges. NEW DELHI: The FIR that the Gurgaon police’s Economic Offenses Wing…
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Max Estate plans to build 4 million square feet in Gurugram and hopes to make ₹ 9,000 crores.
Read More: Max Estate plans to build 4 million square feet in Gurugram and hopes to make ₹ 9,000 crores.A joint development agreement has been signed by Max Estates, the real estate division of the Max Group, for the development of 18.23 acres of land in Gurgaon. The project has the potential to generate revenue of Rs 9,000 crore. This land tract is adjacent to the 11.80 acres of existing land on the Dwarka…
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The top bidder for a 6.46-acre plot of land in Noida’s sector 44 is Godrej Properties.
Read More: The top bidder for a 6.46-acre plot of land in Noida’s sector 44 is Godrej Properties.The Godrej Group’s real estate development company, Godrej Properties, has come in top for a 6.46-acre plot of land in Noida’s sector 44. With premium residential flats of various configurations, the land parcel will offer 1.4 million square feet of development potential and an estimated revenue potential of Rs 3,000 crore. This will be Godrej…
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Top 7 reasons to invest in Dwarka Expressway…!
Read More: Top 7 reasons to invest in Dwarka Expressway…! -
CM Khattar: The Gurugram Metro project will start construction in 2023–2024.
Read More: CM Khattar: The Gurugram Metro project will start construction in 2023–2024.The “Gurugram Metro” project, which would run 28.8 km from Huda City Center to Cyber City via Old Gurgaon, is anticipated to include 27 elevated stations, as well as a connection to the Dwarka highway. During the State Assembly’s presentation of the Haryana Budget 2023–24 on Thursday, Haryana Chief Minister Manohar Lal Khattar said that…
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Gurugram: Along the Dwarka Expressway, housing prices have increased by 83%, and they may rise even higher.
Read More: Gurugram: Along the Dwarka Expressway, housing prices have increased by 83%, and they may rise even higher.From 2014 to 2017, the average cost of a housing unit per square foot along the Dwarka Expressway was Rs 4,756; in 2015, Rs 5,050; in 2016 and 2017, Rs 5,551; in 2019 and 2018, Rs 5,713; in 2020, Rs 5,844; in 2021, Rs 6,032; in 2022, Rs 7,650; and in 2023, Rs 8,300 per…
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How the Gurgaon real estate market will gain from the Dwarka Expressway
Read More: How the Gurgaon real estate market will gain from the Dwarka ExpresswayDwarka Expressway: Experts believe that Gurgaon’s real estate market will get a big boost following Prime Minister Narendra Modi’s opening of the Dwarka Expressway, leading to an increase in the area’s property values. Important developers along the corridor, including Sobha, Raheja, Signature Global, M3M, Godrej, and Hero Realty, have ongoing projects, and others are thinking…
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‘It will also shift gears of people’s lives,’ says Prime Minister Modi at the Dwarka Expressway opening.
Read More: ‘It will also shift gears of people’s lives,’ says Prime Minister Modi at the Dwarka Expressway opening.Launching of the Dwarka Expressway: According to an official statement, Prime Minister Narendra Modi traveled to Gurugram, Haryana, on Monday to officially launch and lay the cornerstone for 112 national highway projects that span the nation and have a combined estimated value of ₹One lakh crore. What is the Dwarka Expressway’s current state? According to…
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Today marks the opening of a significant portion of the Dwarka Expressway, reducing the travel time between Delhi and Gurgram.
Read More: Today marks the opening of a significant portion of the Dwarka Expressway, reducing the travel time between Delhi and Gurgram.The 18-kilometer Dwarka Expressway features multiple underpasses and service roads, making it the first expressway in India constructed entirely of single pillars New Delhi: Today, Prime Minister Narendra Modi will mark the completion of a significant section of the historic Dwarka Expressway, which would reduce traffic on the Delhi-Gurugram route. Today marks the opening of…
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Prime Minister Modi will dedicate and lay the cornerstone for 112 national highway projects valued at Rs 1 lakh crore.
Read More: Prime Minister Modi will dedicate and lay the cornerstone for 112 national highway projects valued at Rs 1 lakh crore.On Monday, 112 National Highway projects totaling over Rs 1 lakh crore will be officially opened and the foundation stone laid by Prime Minister Narendra Modi. These projects are dispersed across the nation. At the inaugural ceremony, PM Modi is scheduled to arrive in Gurugram, Haryana. Furthermore, he will also open the Haryana portion of…
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Experts predict that the Dwarka Expressway’s opening will cause a 40% increase in local real estate costs.
Read More: Experts predict that the Dwarka Expressway’s opening will cause a 40% increase in local real estate costs.Developers and brokerage firms predict that the Dwarka Motorway in Gurgaon will drive up real estate values in the area by 30–40%.Property prices have increased as a result of numerous developers starting projects along the motorway due to the area’s growing popularity. The Dwarka Expressway’s completion is anticipated to have a major effect on Gurgaon’s…
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After four years, the Dwarka Expressway Link will undergo renovations.
Read More: After four years, the Dwarka Expressway Link will undergo renovations.The primary highway, surface drain, and walkways will all be rebuilt as part of the Rs 11.8 crore project by November of this year. Along with slip roads, lighting at intersections, and road safety accessories like bollards, road studs, and cat’s eyes, the metropolitan authority will also build these. On Saturday, work on renovating the…
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New Gurgaon’s Dwarka Expressway is India’s first urban elevated highway.
Read More: New Gurgaon’s Dwarka Expressway is India’s first urban elevated highway.The National Highway Authority of India (NHAI) has been instructed by Union Minister of Road Transport and Highways Nitin Gadkari to expeditiously open the Gurgaon segment of the Dwarka Motorway to the public. Although the Gurgaon stretch’s official opening date has not yet been set, Rao Inderjit Singh, a member of parliament from Gurgaon and…
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BPTP acquires land in Gurugram for ₹ 87 Crore
Read More: BPTP acquires land in Gurugram for ₹ 87 CroreReal estate developer BPTP paid ₹ 87.27 crore for a 228,000-square-foot piece of land in Gurgaon. BPTP has been collecting land parcels in the area for residential and commercial development. Its large holdings in Gurugram and Faridabad total over 600 acres. In accordance with the records obtained by CRE Matrix, a real estate data analytics…
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Latest Updates on Dwarka Expressway.
Read More: Latest Updates on Dwarka Expressway.The officials have confirmed that the Delhi stretch of Dwarka Expressway is expected to be opened in February 2024. The entire project is expected to be ready by August 2024.
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Current Status of the Dwarka Expressway
Read More: Current Status of the Dwarka ExpresswayThe Dwarka Expressway in Gurugram, which was built as part of packages three and four, is undergoing a safety audit by the National Highways Authority of India (NHAI) as of October 2023. The audit is being completed in advance of the highway’s projected January 2024 opening.
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Increased investment in Gurugram’s Dwarka Expressway and other real estate hotspots is part of the Global City project.
Read More: Increased investment in Gurugram’s Dwarka Expressway and other real estate hotspots is part of the Global City project.With a potential investment of nearly $15 billion, Global City Gurugram is also positioned to be a significant development for the Delhi-Mumbai Industrial Corridor. Increased investment in Dwarka Expressway is anticipated as a result of the Haryana government’s ambitious mixed-use project, Global City Gurugram, which is scheduled to be finished by October 2026. It includes…
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How to invest in real estate to increase your wealth.
Read More: How to invest in real estate to increase your wealth.Investing in real estate can be enticing since it provides consistent returns along with long-term capital growth. But navigating this market calls for cautious thought.Investing in real estate has the potential to generate significant wealth. Given that it provides both consistent returns and long-term capital growth, it might be a compelling offer. But navigating this…
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Top 10 factors to choose home near Dwarka Expressway
Read More: Top 10 factors to choose home near Dwarka ExpresswayDwarka Expressway is the best option for your next home since it provides the optimal balance of price, convenience, and a vibrant community. Now, set out on the path to a happy life along the Dwarka Expressway and enjoy the benefits of residing in one of Gurgaon’s most sought-after areas! Are you looking for a…
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