Prime Minister Narendra Modi has finally inaugurated the Haryana section of the Dwarka Expressway. With this Dwarka Expressway cluster is expected to see more holistic development of real estate on the back of the operational expressway. The inauguration of Dwarka Expressway by PM Modi will act as a harbinger of real estate development and economic […]
Gurugram-based real estate developer Chintels India has also transferred the ownership of two land parcels valued at rs 121.82 crore, a cumulative area of 7.85 acres to listed real estate developer, Sobha Ltd in Gurugram. Both the developers said these plots were part of their joint venture project “International City”. According to the documents, one […]
Circle rates will be revised by the end of this month, and this will also affect from Feb 1, 2024. The new rates are supposed to be implemented from January 1, but it also comes with an announcement so far. Henceforth the properties are also going to be announced so far. For now, properties are going […]
Godrej Properties has come as the highest bidder for two luxury group housing plots in the Golf Course Road micro-market, Gurugram, said Godrej Properties. The two primary projects spread over 2.76 acres and 5.15 acres will have a combined estimated revenue potential of approximately rs 3,100 crore. The average rate of plot in this market […]
The property price in Gurugram has increased the most among the top 10 cities with a YoY increase of 12% in Q2, 2023. This has also surpassed Bengaluru by 9% and Noida by 8%. This residential property market in India has also experienced an average year-on-year price appreciation of 6% during the April-June period of […]
Real estate developers are cutting operational costs such as common area maintenance in order to reduce burden on retailers impacts due to the COVID19, according to industry experts. Developers are also renegotiating their leasing arrangements and business models to sustain the momentum. “The negotiations between retailers and investors have improved and increased significantly post-pandemic. At […]