Dwarka Expressway has emerged as one of the most promising realty pockets in Gurugram Dwarka Expressway (also known as Northern Peripheral Road) is one of the most promising realty hotspots in entire Delhi-NCR. The 28-km long Dwarka Expressway starts from Shiv Murti in Delhi on NH-8 passes through UER-II up to Barthal Chowk then it […]
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 builders’ body demanded that the government should take measures to control prices of raw materials and suggested reduction in GST for the purpose. Real estate builders’ body, Confederation of Real Estate Developers’ Association of India (CREDAI), has expressed concern over the sustained increase in price of raw materials including cement and steel and said […]
Realty developer M3M plans to reduce debt by nearly Rs 500 crore by the end of FY 2022, Pankaj Bansal, Director, M3M India said. The company has repaid loan of Rs 418 crore in Q4 FY 2020-21 ahead of its target of Rs 400 crore and is confident of clearing the balance liabilities by March […]
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 […]
Industry experts feel that this is the right time to buy a house because buyers are likely to get better deals and prices may go up in the near future. The COVID-19 crisis has dealt a major blow to the real estate sector. The home buying cycle has been massively impacted, and transactions continue 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 […]
Indian real estate builders cannot sell flats and homes below circle rates as income tax law does not allow that, realtors’ associations have said in response to Commerce Minister Piyush Goyal’s call to builders to lower home prices to clear inventories. Realtors body CREDAI and NAREDCO, which together have 25,000 members, said there is an […]
The survey was conducted among 200 developers and property consultants in Delhi, Gurugram, Faridabad and Ghaziabad, it said. The OLX Delhi-NCR Realty Survey attributed the optimism regarding prices to expectations among builders that regulatory developments will improve transparency in the system, eventually boosting the confidence of buyers and sellers at large. A total of 75 […]