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Prices Of New Housing Projects In NCR Up Over 2-Fold: Report

15 Nov 2024

Real estate continues to outshine other investment avenues in terms of returns, according to industry experts. Gurugram-based property consulting firm InfraMantra founder, Shiwang Suraj, emphasized that the return on investment (ROI) in real estate has far surpassed other investment options. He noted, "Demand remains robust even at elevated price points,...

Brookfield Properties To Supply Green Power To Office Campuses

21 Oct 2024

Brookfield Properties will provide renewable energy to its office campuses in Delhi-NCR by sourcing green power from its solar project in Bikaner, Rajasthan. In a statement on Monday, the company announced that it has "secured renewable power from Brookfield's Bikaner Solar Power Project" in its first partnership in India under...

No Friends, No Non-Veg: Gen Z Faces Extreme House-Hunting In Delhi And Bengaluru

18 Oct 2024

Recent data reveals that rental prices are surging in major Indian cities, with Greater Noida, Gurugram, and Bengaluru leading the way, experiencing year-on-year increases of 32.1%, 24.5%, and 23.7%, respectively. For those who have relocated for work or studies, the search for a rental home is anything but straightforward. Cramped...

Homebuyers’ Sentiment Bullish On Hopes Of Capital Appreciation: Magicbricks

15 Oct 2024

Homebuyers' sentiment remains strong on expectations of rise in capital and rental values of residential properties, according to Magicbricks.Real estate platform Magicbricks on Tuesday released 'Housing Sentiment Index' (HSI). "With expectations of capital appreciation and rising rental yields, the homebuyer sentiment continues to grow strong," Magicbricks said in a statement....

ATS Homekraft sells 340 flats on Dwarka Expressway, Gurugram for Rs 825 cr

13 Oct 2024

Realty firm ATS Homekraft has successfully sold all approximately 340 luxury homes in the first phase of its new project along the Dwarka Expressway in Gurugram, generating Rs 825 crore in sales due to strong demand from end-user customers. ATS Homekraft, the flagship company of the ATS group, launched its...

Festive Season Spurs Optimism in Real Estate Market, Boosting Housing Sales

12 Oct 2024

As the festive season begins, the demand for residential and commercial properties, especially in the Delhi-NCR region, is expected to see a significant surge. Many people in India choose to invest in real estate during major festivals like Navratri and Diwali, viewing these occasions as particularly auspicious. This year, the...

Demand For 3BHK Soar; Prices Up In Noida And Gurugram

26 Sep 2024

The demand for 3BHK units has emerged as the dominant choice among homebuyers, accounting for over 50 per cent of the total demand in most major cities across India, according to the latest PropIndex Report by Magicbricks. As residential demand surged by 12.3 per cent quarter-on-quarter between July and September...

Delhi-NCR Housing Supply Triples To 13,311 Units In Q2: PropEquity

21 Sep 2024

Housing sales in the Delhi-NCR region are expected to increase by 22% in the July-September 2024 quarter, reaching approximately 10,263 units compared to 8,411 units in the same period last year. This surge is attributed to a substantial rise in fresh residential property supply, which is projected to triple to...

Bike Accident in Gurugram Claims Life of 23-Year-Old Rider

20 Sep 2024

A 23-year-old man, Akshat Garg from Dwarka, Delhi, tragically lost his life in a head-on collision while on a bike ride with a friend in Gurugram. The accident occurred on Golf Course Road near Belvedere Park, DLF Phase II, on September 15, when a Mahindra XUV 300, allegedly bearing a...

Mumbai Sees Surge In Ultra-Luxury Home Sales In 2024,Dominating The Indian Market

08 Sep 2024

Despite rising property prices, the sale of ultra-luxury home, those priced over Rs 40 crore, has continued to thrive in 2024, ANAROCK observed in a recent report. As per the report, the average ticket price of homes priced above Rs 40 crore has witnessed a 2 per cent rise in...