With a 5 per cent hike, Mumbai is likely to see the highest increase in prime (luxury) residential prices in 2024, says Knight Frank in its report ‘Prime Global Cities Index Q2 2023’. Improving gross domestic product (GDP) figures, Mumbai’s relative value and investment in infrastructure will be the major influencers in pushing prices higher […]
NOIDA: A scheme floated barely three weeks ago by the Yamuna Expressway Industrial Development Authority (YEIDA) to allot plots for independent houses near the upcoming Noida International Airport has received an overwhelming response as people rush to grab a piece of what is perceived as a real estate gold mine. Till Wednesday evening, the portal […]
MRG Group announced to develop ‘PRIMARK’ with a substantial investment of Rs 250 crore in sector 90, Gurugram. This investment aligns with the group’s vision of creating ‘Spaces for Life’ and aims to address the growing demand for affordable housing options in one of India’s rapidly developing urban centres. The new project draws inspiration from […]
The ultra-luxury housing is in high demand and Delhi-NCR has emerged as one of the top locations for this trend. Post-pandemic, the luxury housing market has acquired a strong foothold, thanks to the rising disposable incomes accompanied by a desire for better living. To tap the luxury housing market, Noida-based real estate player Galaxy Group […]
The under-construction Dwarka golf course, being built by the Delhi Development Authority (DDA) in Sector 24, will be ready by the end of the year, according to senior DDA officials aware of the matter. Pegged as the country’s longest, the golf course is spread over 159 acres. The 18-hole course has a total length of […]
GURGAON: A private agency hired by MCG has started distributing tax assessment bills to 6.4 lakh property owners, so they can rectify as well as revise the existing data with the corporation on property tax, officials said on Tuesday. With the exercise underway, residents won’t have to visit MCG’s office to make corrections in the […]
Bharti Real Estate has revealed plans to invest over Rs 6,595 crore ($794 million) for the establishment of a global business hub adjacent to the . SK Sayal, the CEO of the company told ET, “We have undertaken one of the largest developments in Delhi and once completed, it will competewith the best of the […]
The department of town and country planning (DTCP) on Wednesday issued directions to the developers of Chintels Paradiso condominium in Sector 109 to get Tower G vacated at the earliest as it has been declared unsafe for habitation by the district administration following a safety audit by IIT-Delhi experts.. The department also said the audit […]
The Noida and Greater Noida authorities have moved quickly to take up the recommendations of the union government-appointed committee on stalled real-estate projects, which includes a model package to give a boost to developers in the two cities, over the weekend. This comes in the wake of the committee, headed by former NITI Aayog CEO […]
After a report by an expert committee of the Union Ministry of Housing and Urban Affairs (MoHUA) on legacy stalled real estate projects, Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has said 3,467 real estate projects are registered with it. Out of this, 1,598 projects are registered in the National Capital Region (NCR) of […]
The New Delhi Municipal Council (NDMC) will be undertaking a comprehensive upgradation of the area around Gole Market, which will include facilities such as parking, setting up of on artist gallery and a food court, officials said, adding that a proposal to this effect was approved by the local body on Wednesday. The features will […]
To ensure a safe and easy commute around the Millennium City Metro station (erstwhile Huda Metro station), the district administration on Tuesday asked the Gurugram Metropolitan Development Authority (GMDA) initiate steps such as the opening of service lanes outside Fortis Hospital, besides setting up traffic signals on the stretch. The decision was taken during the […]
