Due to the upcoming expressway, a new land parcel along the stretch has also opened up for real estate development, especially in the plotted segment. The late several branded real estate developers have also launched plots as a part of gated societies to be built on and moved in. In fact, the trend has also […]
Golf Course Extension continues to be a hot spot that has been attracting buyers like never before Gurgaon continues to be on a growth trajectory and have multiple zones that continue to develop at a fast pace, trans-form the city drastically. Across formats and price points, be it high-rise or low rise, luxury or affordable, […]
“DLF is going to build a new luxury low-rise independent floors housing project in Gurugram with a sales value of more than Rs 1,800 crore”, said the DLF’s Group Executive Director Aakash Ohri. Located in DLF 5, Gurugram, The Grove is a low-rise luxury residential project with 292 residences offering 4 BHK and 4 BHK plus entertainment […]
Demand for independent floors and plots saw a strong comeback outstripping apartments. Residential plots prices have clocked a compound annual growth rate CAGR at 7% since 2015 across eight major cities, whereas rates of apartments grew 2 percent CAGR during that time, recent research by REA India showed. Dhruv Agarwala, CEO of Housing.com, Makaan.com, and […]
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 […]
However, in the absence of additional measures, the recovery period post the second wave may get elongated, thereby placing higher stress on developer cash flows, especially for the smaller ones. The residential realty sector has recorded one of its best quarters in Q4 FY2021, with sales across the top eight cities nearing 85 million square […]
Larger homes are not just a preference but a necessity in a work-from-home and study from home environment in COVID-19 times. Sales in the 3BHK category have increased due to homebuyers’ preference for larger homes even in peripheral locations. The sale of 3BHK housing units has increased by 19% on a year-on-year basis, according to […]
Property rates increased by an average 38 per cent across seven major cities in the last decade as compared to 52 per cent rise during 2000-2009, according to property consultant Anarock. In the previous decade (2000-2009), the average housing prices rose to Rs 3,784 per sq ft in 2009 from Rs 2,490 per sq ft […]