News articles tagged NCR

Even though Noida and Gurgaon are oversaturated, Faridabad's luxury home market is expanding

Faridabad is emerging as a prime location for luxury residential development, offering larger, more affordable properties compared to Gurgaon and Noida, boosted by infrastructure improvements and increased connectivity.

The rise of offbeat destinations is a paradigm shift in residential real estate

Offbeat real estate destinations like Sonipat, Bhiwadi, and Panchkula are gaining traction due to their blend of affordability, lifestyle amenities, and infrastructure developments.

NCR luxury real estate: Capital appreciation takes center stage as wealthy Indians and NRIs increase their investments

Luxury residences in Gurgaon's DLF Golf Links and DLF 5, such as The Camellias, The Magnolia, and The Aralias, have seen a significant price increase of 125 percent between 2021 and 2024, driven by rising demand for luxury living and investment opportunities.

Godrej Properties saw sales bookings of Rs 22,500 crore in FY24, an 84% increase from the previous year

Godrej Properties reported record sales bookings of Rs 22,500 crore in FY24, an 84% YoY increase, driven by strong housing demand and successful project launches.

The Center forbids using BS 3 and 4 vehicles in Delhi and forbids non-essential construction activities.

Delhi's air quality crisis has led to a ban on non-essential construction in the NCR. This decision impacts ongoing projects and vehicle regulations amidst severe pollution levels.

How the dream of “Affordable Homes” turned into a nightmare!

Parsvnath Developers sentenced to prison for delayed refunds to homebuyers, highlighting the issue of pending apartments in Greater Noida. Over 1 lakh apartments remain undelivered, with builders owing GNIDA ₹6,000 crore.

RERA to be strongly implemented by Noida Authorities

RERA will be fully implemented nationwide from May 1. Noida Authority will upload detailed project information online. Homebuyers seek transparency and tracking of construction progress.

Via NCD Indiabulls Real Estate raises Rs 25 crore

Indiabulls Real Estate has secured ₹25 crore through the issuance of Non-Convertible Debentures (NCDs). The company plans to develop 11 projects spanning 30.51 million sq ft.

Sales of Residential Property in top 8 eight cities lifts

Residential real estate markets in top eight Indian cities show improved sales and decreased unsold inventory, except for NCR which still struggles with a high volume of unsold units.

To complete project Shri Group raising Rs 80 crore from Edelweiss

Shri Group secures Rs 80 crore from Edelweiss for construction in Greater Noida West, citing positive real estate market trends and upcoming project phases.

Sobha has started handover process in International City Gurgaon

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.

Bangalore's real estate tops PE investments

Bangalore real estate market tops private equity investment, receiving Rs 1,990 crore in the first three quarters of 2013. Other cities such as Pune and NCR also witness significant growth.

Shapoorji Pallonji's realty planning to extend

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.

No new malls helps inferior mall vacancy to 15 pc

The report highlights the fluctuations in mall vacancy rates across various Indian cities, influenced by leasing activity and the supply of new retail spaces.

Slowdown in delivery, re-sale looks better option

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.

Power Shortage, Water Scarcity Hit Gurgaon

Gurgaon faces severe power and water shortages, impacting residents and raising concerns about civic standards. Waste management issues further compound the problems.

No Property Buyers, Realty Developers Troubled

Soaring property prices deter buyers, leaving developers with unsold inventory and financial struggles. Major cities face declining sales, impacting developers like Mantri Realty.

Rajasthan Royals Renews Supertech’s Contract for IPL 2013

Rajasthan Royals renews contract with Supertech for IPL 2013, marking the third consecutive year of partnership. Both entities express mutual benefits from the association.

Home sales pick up in NCR by 46%: reports PropEquity

Home sales in NCR have surged by 46% in January, with clear property acquisition issues boosting buyer confidence. New launches dropped by 35% as developers focused on reducing unsold inventories.

Trump plans widening its presence in India

US real estate major Trump seeks to expand its presence in India with luxury housing projects in Mumbai and NCR.

ICICI Venture Raised $ 700 Million Through Realty Funds

ICICI Venture, a major Indian private equity firm, secured approximately $700 million last year through real estate and other funds. The firm plans further investments in key Indian cities.

New Home Launches Fall By 16%: Cushman & Wakefield

Cushman & Wakefield reported a 16% decline in new home launches across India's top eight cities in 2012, with the majority of launches targeting the middle-income segment.

Real Estate Firms Fined for Anti-Competitive Practices

The Competition Commission of India (CCI) is probing five real estate firms, including DLF, for alleged anti-competitive practices, with DLF already facing a hefty fine.

Real Estate India to Have Rs.8000 Cr Worth New Projects

Real estate sector signals recovery with new launches and investments by major players. Supertech, Ansal API, DLF, and Mantri Realty announce significant investments.

SRK Gets New Endorsement from Real Estate Firm

Bollywood superstar Shahrukh Khan has become the brand ambassador for NCR-based real estate developer Mahagun, marking his first endorsement in the real estate sector.