Out of NCR’s total housing sales of approximately 32,200 units in H1 2024, over 45% share was in the luxury segment, and 24% in the affordable segment. Back in 2019, sales of luxury homes were a mere 3% while the affordable sales...
The South of Gurugram has become a premier real estate destination, marked by significant property price appreciation and excellent connectivity. According to 99 Acres data, average residential property rates in this area have risen by 20.5% over the past year, 62.2% over the last...
Central Park, a Gurugram-based real estate developer owned by The Bakshi Group of Enterprises, has launched Sakura Town, an exclusive member-only Japanese club. Led by Central Park’s hospitality arm, St. Jerome, Sakura Town is located in Sector-48, Sohna Road, Gurugram, within their,...
The completion schedule for Delhi-Mumbai Expressway has been revised to October, 2025 with 82% or 1136 km of the total 1386 km completed, the minister of road transport and highways Nitin Gadkari said in response to a question in Rajya...
Strategically located along the 150-meter wide Southern Peripheral Road corridor, this project houses 34 retail buildings, which seamlessly blend retail and office spaces designed to cater to a myriad of businesses. Built within 2.5 years of its construction commencement in May 2022,...
In recent years, the real estate landscape in Gurugram has experienced significant and noticeable changes. This energetic city in the national capital region (NCR) has evolved radically, particularly in the post-liberalisation era. Traditionally, a hotspot for both residential and commercial realty, Gurugram is now...
CBRE will leverage its extensive expertise in property and retail asset management to optimize operational efficiencies, implement best practices and drive tenant satisfaction across Elan Group’s strategically located malls in Gurugram. The Elan Group has announced the appointment of CBRE, a global leader...
The company has allocated an investment of approximately Rs 400 crore for the construction of this residential project. Realty developer JMS Group has finalized the acquisition of 8.65 acres of prime land in Sector 95A, New Gurugram. This strategic acquisition paves the way for...
Stuart’s international experience spans four continents, with a proven track-record of delivering projects in Asia, Middle East and Europe Real estate company M3M India, that is developing many housing and commercial projects in Delhi-NCR, has appointed Stuart McConnachie as Chief Construction...
The flyover connecting Dwarka expressway with new Gurugram Pataudi highway will feature two lanes, be 11 meters wide, and unidirectional The National Highways Authority of India (NHAI) commenced work on a new 183-meter-long, two-lane flyover connecting the Dwarka expressway with the under-construction Gurugram Rewari...
Budget 2024 for Real Estate Sector: In the Union Budget 2024-25, the government has allocated a fund of Rs 10 lakh crore under PMAY Urban 2.0 to provide housing to 1 crore urban poor and middle-class families. The real estate...
While the Budget sidestepped the long-standing demands of the real estate sector, the focus on job creation, skilling and employment-linked incentives, boost to infrastructure, etc are the big reforms that will indirectly provide a fillip to the sector. Covering a...
