GCR is now positioned as a high-end luxury destination for office and residential space.With a mix of high-end retail, mall, and other social infrastructure coming up here at a rapid clip, GCR is being talked about as an integrated and self-sustainable micromarket of the future Gurgaon, more popularly known as Millennium City, is seeing constant […]
With current office stock vacancy levels close to 14%, limited supply of quality Grade A office space, and rising interest from corporate occupiers, the Commercial Office rentals on GCR will strengthen in the short term. In the long term, given the amount of commercial office supply that is currently under construction here and will come […]
The real estate sector in the country has evolved in the past few years. Simply delivering exceptional living spaces and customer service is not enough to help a customer in taking a decision in your favour. The game now rests on who can also deliver a truly differentiated customer experience apart from the right property. […]
The implementation of reforms such as RERA (Real Estate Regulation and Development), GST (Goods & Service Tax) have changed the dynamics of the real estate sector. It may lead to near-term pain till the industry adjusts to the new rules, but will certainly augur well for the sector in the future. RERA has paved the […]
At a time when housing sales dropped 18% year on year to 44,755 units in nine major cities during the September quarter on continued slowdown in the property market, sales in Gurgaon rose by 60% to 3,342 units, according to a report by realty portal Prop Tiger.com. The report said Mumbai also saw a 6% […]
The new law calls for a change in business model to bring in standardisation and systematic urban planning. Various state governments are now framing rules for implementation of the Act and constituting the Rera with which developers have to register all their projects. The new law calls for a change in business model to bring […]
There Is Scope For Further Cut In Interest Rates In Certain Baskets, Says SBI Chief SBI is seen to be among the major gainers from the government’s move to inject equity into state-run banks to enable them to lend more and spur economic activity. In an interview with TOI, Rajnish Kumar, the newly-appointed chairman of […]
An iconic city that is elevating every other moment with its rapid urbanization which has been due to the hallmark of growth and development. Southern Peripheral Road (SPR), the growing real estate hub in New Gurgaon, Delhi-NCR region is drafting the attention of investors and developers in the city. This will bring home a good […]
The Haryana Government is set to start Aadhaar card linking of registration of sale deeds of immovable properties from coming Monday. Deputy commissioners have issued orders to the registering authorities in various districts that Aadhaar card will be necessary for the registration of sale deeds. So far, Aadhaar is mandatory for the registration of sale […]
Signalling a likely turnaround in India’s real estate market, Emaar India, the Indian arm of Dubai’s Emaar Properties, on Monday said it is working on a slew of new projects in the National Capital Region (NCR) as it expects to complete all its ongoing projects by the end of 2019. “We have expedited all our […]