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...
The Gurugram Metropolitan Development Authority (GMDA) announced plans to reconstruct a major master sector dividing road from the Dwarka Expressway junction with Sector 86 Road to IMT Manesar at a cost of ?600 million. This road, currently in severe disrepair, will pass...
Gurpal Singh Chawla, managing director of TREVOC highlights benefits of luxury living destination at Gurugram Positioned in the heart of Gurugram, Sector 56 has rapidly emerged as a hotspot for luxury living. Known for its sophisticated residential complexes, top-notch amenities, and strategic...
Investors in the National Capital Region are increasingly turning to shop-cum-office (SCO) plots, which offer rental yields of 9–10% amid soaring residential prices and builders seeking to capitalise on the trend. Developers such as DLF, Emaar, M3M and Paras Buildtech have launched projects in the...
Pradeep Ahlawat, GM Roadways, said that while the land for the ISBT will be provided by HSIIDC, the construction costs will be borne by the transport department. Gurugram deputy commissioner Nishant Kumar Yadav inspected the proposed site for the Inter-State Bus...
The Dwarka Expressway connects Gurugram to Delhi via the Shiv Murti and Kherki Dhaula villages. This 16-lane highway provides direct access to the India International Convention Centre in Sector 25, Dwarka, and serves as an alternative route to the IGI...
Smartworld Developers has awarded a construction contract worth Rs 581 crore to Ahluwalia Contracts (India) Ltd for its luxury residential project, Smartworld The Edition, on Gurugram’s Golf Course Extension Road. Spread over 10 acres with a saleable area of 3 million sq ft, Smartworld...
Birla Estates plans to bring a luxury residential project on the land parcel, located in sector 71 of Gurugram. The project has a development potential of around 10 lakh sqft and the company targets to generate a revenue of over Rs...
Realty firm Signature Global will launch multiple housing projects with a revenue potential of around Rs 13,000 crore by March next year to expand business and encash strong demand. Signature Global Chairman Pradeep Kumar Aggarwal said, “We have launched one housing project...
In 2023, Gurugram emerged as the leader in India’s booming real estate market and continues to maintain its dominance in Delhi-NCR. According to data from Magicbricks, Gurugram experienced an impressive quarter-on-quarter growth of 28.9%, surpassing the national average of 10.4%. Major infrastructure...
Haryana government approved a Rs 750-crore elevated corridor from Vatika Chowk to CPR cloverleaf to connect Dwarka Expressway with Delhi-Mumbai Expressway within two years. GMDA board, chaired by CM Nayab Singh Saini, plans six-lane roads, 3m-wide Haryana govt on Wednesday...
