India's real estate market has flourished in 2023, particularly in luxury housing, with increased sales and strong demand across multiple segments, signaling ongoing growth.
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Apartment deliveries in Delhi-NCR face potential two-year delays due to pandemic-related disruptions, impacting over 3 lakh units, primarily in Greater Noida.
The DTCP has launched an online portal to streamline the affordable housing process, ensuring transparency and timely refunds for buyers following numerous complaints about unfair practices.
Gurgaon's fire department sealed a Malibu Town residential society club due to non-compliance with fire safety norms, following an inspection and failure to install a fire control system.
Real estate developers are redesigning apartment layouts to accommodate the trend of remote work, creating office-like spaces within homes.
Delhi NCR's realty market faced ambiguity due to debt procedures. Faridabad led new project additions, followed by Gurgaon and Greater Noida. Delayed housing units further impacted sales.
Delhi-NCR's office space consumption increased by 39% to 2.4 million sq ft in H1 2016, driven by large deals. Overall office space consumption in 8 cities declined by 18%.
A Delhi-based developer, Manoj Bhardwaj, was arrested for allegedly duping 455 investors across several cities with fake real estate projects.
The Haryana government has reduced circle rates by 15% in Gurgaon to boost the declining real estate market and stimulate buyer interest.
A First Information Report (FIR) has been filed against AN Buildwell for alleged dishonesty and criminal conspiracy following complaints from 15 investors regarding project delays.
Tata Housing reports rapid sales of over 200 flats valued at approximately Rs 300 crore in Gurgaon, signaling strong demand for its project La Vida.
Haryana's former CM, Manohar Lal Khattar, launched a 6-lane road project and other development initiatives in Gurgaon, including a smart power grid and improved water supply.
NAREDCO members pledge ₹90,000 crore investment in Haryana over five years. Focus on affordable housing, residential and commercial sectors. DLF, M3M lead investments.
Haryana CM directed a status check on licensed residential and commercial projects amidst rising complaints against developers. The government reviews Unitech's projects and duties.
Luxury apartment prices in Delhi-NCR are stabilizing, making now a good time to invest. Experts advise against waiting for further price drops due to unsold inventory levels.
Shobha Limited has initiated the handover process for the first phase of its International City project in Gurgaon, highlighting luxury living in a challenging real estate market.
Faridabad is transforming into a smart city with plans for improved infrastructure, new residential projects, and affordable housing options, enhancing its appeal against Gurgaon.
Real estate prices in Gurgaon are set to decrease as the administration considers reducing circle rates. The Deputy Commissioner has proposed a cut of up to 15% to the Haryana government.
Haryana State Info Commission orders HSIIDC to publish NRI plot-owners list in Gurgaon online
Gurgaon residents refuse to pay property tax until MCG takes over services from private builders. Court hearing scheduled for December 2nd.
DLF achieved Rs 2,684 crore in sales bookings during H1 FY14, surpassing the previous year's figures. Experts commend DLF's strategic focus on premium, high-margin projects.
Outsourcing giant Convergys relocates from Cyber City to Sohna Road in Gurgaon due to rent hikes
Gurgaon's Rapid Metro boosts property prices, rentals in surrounding areas by up to 90%