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New supply of residential properties may rise 44% to 340,000 units in 2022

New supply of residential properties may rise 44% to 340,000 units in 2022

Fresh supply of residential properties is expected to rise 44 per cent this year across seven cities to 340,000 units as developers look to tap increase in demand, according to Anarock. Property consultant Anarock data showed that new launches stood at 265,000 units during January-September this year across primary markets of seven cities — Delhi-NCR, […]

DLF lines up properties worth Rs 3,500 crore for second half of FY23

DLF lines up properties worth Rs 3,500 crore for second half of FY23

Realty major DLF plans to launch new projects worth Rs 3,500 crore during the second half of this fiscal, mainly in Gurugram and Panchkula as it seeks to tap a rising demand. In an investors presentation, DLF informed that the company plans to launch residential projects across Gurugram and Panchkula by March 2023 after getting […]

M3M India to invest Rs 1800 crore on Projects on Dwarka Expressway

M3M India to invest Rs 1800 crore on Projects on Dwarka Expressway

Realty developer M3M will invest Rs 1800 crore on construction of various projects – including luxury-residential, retail and SCOs, on Dwarka express with a revenue potential of over Rs 6100 crore. M3M India has recorded 34% YoY growth in sales, with Rs 3583 crore in the first half of FY-2022-23. As part of Smart City […]

Elan Group acquires 40-acre land in Gurugram for Rs 580 cr. from Indiabulls

Elan Group acquires 40-acre land in Gurugram for Rs 580 cr. from Indiabulls

Gurugram-based Elan Group has completed a significant land deal with Indiabulls Real Estate. 40-acre plot of land was purchased for the construction of residential and commercial developmentsin Sector 106 of the Dwarka Expressway Gurugram for total amount of Rs. 580 crores. Akash Kapoor, Director of Elan Group, commented on the situation that, “The company is […]