Shop-cum-Offices (SCOs) are emerging as a transformative investment asset within India’s commercial real estate sector, drastically reshaping the market landscape. These hybrid spaces, integrating retail and office functionalities, have garnered substantial attention from both developers and investors alike. SCOs offer a...
The Haryana Shahari Vikas Pradhikaran has identified 37 acres of land in Sector 33 which can be transferred to the Gurugram Metro Rail Limited (GMRL) for setting up a metro rail depot, officials said. Last year, the Haryana government had...
Capital gains indexation calculation after amendment of Finance Bill, 2024: The Union government offers a huge relief property owners by allowing a choice between two options for long-term capital gains (LTCG) on the property — 20% LTCG tax with indexation...
The Haryana Mass Rapid Transport Corporation (HMRTC) planned a new 36km metro line from Sector 56 to Panchgaon, featuring 28 elevated stations with an interchange at Rapid Metro’s existing line. A discussion was held at the board meeting chaired by...
Bengaluru-based Sobha Ltd has entered a joint development agreement to develop a residential project on 12 acres in Gurgaon’s sector 63A. The area has attracted significant interest due to demand and improved infrastructure. Sobha plans to launch approximately 9 million square feet...
Dwarka Expressway: The inauguration of the Dwarka Expressway by Prime Minister Narendra Modi is expected to significantly boost Gurgaon’s real estate market, according to experts, who predict a rise in property prices in the area. As per an ET report, key developers...
The project ‘Estates 360’ at Gurugram will come up at the cusp of Dwarka Expressway, CPR and NH-8 in Gurugram. The project will have 864 luxury units and out which around one-third will be dedicated for senior living. Max Estates eyes a...
The Gurugram Metro is expected to not only improve commuting but also elevate real estate prospects in these burgeoning neighbourhoods. The Gurugram Metro project, managed by Gurugram Metro Rail Limited (GMRL), a joint venture between the Central Government and the Government of...
The metro project to connect Palam Vihar in Gurugram to Sector 21 in Dwarka was approved by the Haryana government in October 2022. This metro spur will cost an estimated ₹1,687 crore and Haryana will have to bear ₹1,541 crore of the...
The luxury real estate market has once again emerged as the star performer in the National Capital Region (NCR). According to the latest data from ANAROCK, NCR witnessed a staggering 45% share of sales in the luxury segment during the...
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...
