The Dwarka Expressway Project which is worth Rs 9000 crore is an access controlled expressway that aligns routes connecting Mahipalpur in Delhi with Kherki Dhaula via New Gurgaon in Haryana. The project will have 20+ flyovers and bridges, 2 underpasses, 11 vehicular underpasses, 20 underground pedestrian crossings, and a 2.5m broad cycle and bike path. […]
PVR has recently signed an agreement with M3M India’s futuristic commercial project, M3M 65th Avenue, to set up an 8 screen multiplex. The recently launched luxurious commercial is spread over 14.41 acres of land and offers high street retail spaces to the buyers at sector 65, Gurgaon. The project has 1 million square feet of […]
As reported by Anarock, Gurugram recorded sales of 11,990 units last year. The city saw a 115% increase compared to last year’s sales. The city also saw the highest sale of residential launches across Delhi-NCR in 2021 after Greater Noida, as per a recent report released by Anarock. The report saw 31,710 units launched in […]
Haryana’s top cities Gurugram and Faridabad are seeing a major housing market trend reversal, with independent floors gaining traction post the pandemic. Independent floors are experiencing a boom in demand across the country, and Haryana is no exception. According to a recent report by property consultant Anarock, Haryana’s top cities Gurugram and Faridabad are seeing […]
The independent floors launched from October 2020 in different phases at DLF City, Gurugram started with Rs 11,000 per square feet in October and have gone up to Rs 15,000 per square feet in subsequent launches to date, he said. Real estate developers have launched 4,500 independent floors during the January-September 2021 period in Gurugram and Faridabad, […]
Realty firm Smart World Developers, which has been set up by M3M group promoters, on Tuesday said it will invest around Rs 3,000 crore to develop the company’s first two residential projects in Gurugram. The company plans to launch two housing projects during this month after getting the necessary regulatory approvals. “We are planning to […]
In the housing markets in Gurgaon and Faridabad, independent floors are gaining more traction than highrise apartments. This reversal of trend is being attributed to a change in buyer preferences due to the pandemic and other benefits such as shorter possession time, more area and privacy. As per a report by Anarock — a real […]
Although developers still remain cautious while launching new projects, new launches are likely to intensify in view of the growing housing demand and the upcoming festive season. Driven by growing homeownership sentiment, record-low home loan rates, lower Covid-19 cases in Q3, stable employment scenario, and robust hiring in the IT/ITeS and financial sectors, both housing […]
Bullish on demand for premium housing and office spaces, US-based realty firm Hines plans to expand its India business and is targeting to form at least three local partnerships for projects across major cities. Hines, a privately-owned global real estate investment firm, entered India in 2006 and has so far invested over USD 400 million […]
In a big boost to the residential real estate market, housing sales in Delhi-NCR witnessed a 50% surge in the April-June quarter according to a report by property brokerage firm PropTiger. Despite the second wave of coronavirus, the region registered sales of 2,828 units in this quarter against 1,886 units in the year-ago period. Confirming […]