Amid a slow-moving realty market, Donald Trump Jr is expected to visit Gurgaon sometime in the next couple of weeks to inaugurate two premium realty projects. While one of these is a residential project, the other is commercial. According to sources close to the development, Trump Jr is expected to visit sometime in mid-November. However, they did not have the […]
7th Pay panel’s push set to boost housing sector In a move that is set to give a boost to the housing sector, the government on Thursday revised the House Building Advance (HBA) rules for central government employees, increasing by over three times the amount they can borrow from the government for constructing or buying […]
GCR is now positioned as a high-end luxury destination for office and residential space.With a mix of high-end retail, mall, and other social infrastructure coming up here at a rapid clip, GCR is being talked about as an integrated and self-sustainable micromarket of the future Gurgaon, more popularly known as Millennium City, is seeing constant […]
With current office stock vacancy levels close to 14%, limited supply of quality Grade A office space, and rising interest from corporate occupiers, the Commercial Office rentals on GCR will strengthen in the short term. In the long term, given the amount of commercial office supply that is currently under construction here and will come […]
The implementation of reforms such as RERA (Real Estate Regulation and Development), GST (Goods & Service Tax) have changed the dynamics of the real estate sector. It may lead to near-term pain till the industry adjusts to the new rules, but will certainly augur well for the sector in the future. RERA has paved the […]
At a time when housing sales dropped 18% year on year to 44,755 units in nine major cities during the September quarter on continued slowdown in the property market, sales in Gurgaon rose by 60% to 3,342 units, according to a report by realty portal Prop Tiger.com. The report said Mumbai also saw a 6% […]