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%
Shapoorji Pallonji Group plans to expand its IT parks by 52%, adding 2 million sq ft to its existing 5 million sq ft portfolio across India.
Aditya Birla Group invests Rs 130 cr in a residential project on Dwarka Expressway by Tata Housing and Sidhartha Group, with expected IRR of 25-27% over four years.
Gurgaon administration mandates CCTV installation in residential societies, pubs, and bars. Cameras must be at entry/exit points with 30-day storage. Residents and police laud this security boost.
Property prices may drop 12-17% in Delhi-NCR, Mumbai, and high-end markets by next Diwali, as developers aim to reduce inventory and increase sales. New launches have decreased significantly.
The Dwarka-Gurgaon Expressway, also known as the Northern Peripheral Expressway, is set to become a hotbed for real estate investment with significant growth potential in the coming years.
Bhiwandi, Rajasthan, is emerging as a promising affordable housing hub due to its strategic location, industrial growth, and infrastructure development. It's becoming a sought-after area.
Gurgaon property owners are urging the state government to implement an amendment to industrial area property rules. They oppose HSIIDC's lease fee for freehold plots, citing a violation of the Transfer of Property Act.
Indian real estate deliveries face significant delays in 2013, impacting homebuyers. NCR lags behind, while Pune and Mumbai show better performance. Factors such as capital shortage, over-leveraging, and land availability contribute to the slowdown.
Property prices in NCR's micro markets have nearly doubled, with notable growth in areas like Gurgaon's Golf Course Extension and Dwarka Expressway.
L&T secures a Rs 1,337 crore contract from DLF for 'The Crest,' a new residential project in Gurgaon, featuring 765 units with 250 already sold.
Unitech Group has leased 8 lakh sq ft in its Gurgaon Tech-park SEZ to Accenture, potentially yielding ₹1,000 cr over 15 years, while exploring stake sale to Blackstone and GIC.
The Haryana Government's special panel has approved the municipal corporation in Gurgaon to resume property tax collection, following a suspension due to billing errors.
HUDA withdraws extra fee for alternative plots based on High Court verdict.
The housing sector is expected to face a supply shortage this year, with under-construction projects progressing slower than anticipated. Buyers may face delays as completion targets are unlikely to be met.
Arjun Kapoor will spend a week in Gurgaon to promote his film Aurangzeb, emphasizing the city’s real estate narrative and engaging with local residents.