News articles tagged Residential Projects

Panchkula Extension Surges Ahead with Modern High-Rises

Panchkula Extension experiences a surge in modern high-rise projects, offering luxurious living to young professionals and first-time buyers, driven by demand for contemporary spaces and amenities.

Ernakulam's Luxury Apartment Surge: 3-4 BHK Units Gain Popularity

KRERA data reveals Ernakulam's shift from 1-2 BHK flats to premium 3-4 BHK apartments, driven by young professionals and demanding affluent buyers seeking spacious, smart homes in prime locations.

Ahmedabad’s Real Estate Market Slows as New Project Launches Decline: Key Factors Explained

Ahmedabad’s real estate market saw a 7.7% drop in new projects during FY 2023-24, driven by increased construction costs and a surge in urban redevelopment.

Haryana RERA Mandates Green Building Certification for Sustainable Gurgaon Developments

Haryana's real estate regulator introduces mandatory green certification for residential projects, aiming to promote energy-efficient practices and eco-friendly construction in Gurgaon.

Ponda’s Affordable Housing Surge: Goa’s Emerging Real Estate Frontier

South Goa’s Ponda sees rising demand for budget-friendly housing, driving developers to launch projects like Sarthak Townpark, targeting first-time buyers and families.

More than 1,500 acres of land that real estate developers have recently acquired through JDAs: a JLL report

JLL reports 56 Joint Development Agreements (JDAs) signed between landowners & developers in India, covering 1,546 acres, with 97% for residential projects, from Jan 2023 to Jun 2024.

DLF to enter Mumbai and Goa this year with luxury homes; more information here

DLF plans to enter Mumbai residential market with flats priced between Rs 6 and 8 crore, and launch 62 villas in Goa priced between Rs 40-50 crore.

Gurgaon’s Signature Global real estate developer will deliver 17 million square feet by the end of FY 26

Signature Global plans to complete 28 projects in Gurgaon and Sohna by 2026, targeting revenue of Rs 11,000 crore from affordable and mid-segment units.

Gurugram real estate prices after the opening of the Dwarka Expressway

The Dwarka Expressway's opening is revitalizing Gurugram's real estate market, boosting residential projects and driving property prices higher as connectivity improves.

Institutional real estate investments in India reached a five-year low in 2023.

Institutional investments in the Indian real estate market decreased by 12% in 2023, indicating investor caution and marking the lowest level since 2019.

Delhi should immediately outlaw any non-essential projects.

Due to worsening air quality, Delhi has enacted GRAP-3, banning non-essential construction. This action may significantly delay the 4.5 lakh residential units under construction in Delhi NCR.

MahaRERA website set to display complaints on promoters and projects

Homebuyers can now check details of project and developer complaints on the MahaRERA website, enhancing transparency and aiding informed decision-making.

MahaRERA marks 1,824 residential projects as ‘expired’ across the state

1,824 Maharashtra residential projects labeled "expired" by MahaRERA for exceeding deadlines. Developers need 51% buyer consent for extensions and face restrictions on promotion.

MahaRERA restricts about 644 projects across Maharashtra from sales

MahaRERA bans sales of 644 Maharashtra residential projects due to delayed completion and delivery issues.

Over 25% construction workers have left, projects may delay: Realtors

Labor shortages, with over 25% of migrant workers leaving, may delay real estate projects. UP-RERA is aware and may extend project timelines. CREDAI highlights material supply issues.

DTCP launches online portals to buy affordable home in Gurugram

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.

Gaurs Group to complete 10,964 pending Amrapali units at Rs 2,124 crore

Gaurs Group invests ₹2,123 crore in three stalled Amrapali projects, encompassing 10,900 apartments, marking a diversification into infrastructure.

Guj-RERA fines Devnandan Builder, Shivalik Infraspace, other for violation

Gujarat RERA imposed fines on Devnandan Builders, Dwarkadas Pritamani, and Shivalik Infraspace for violating RERA rules. Violations included booking apartments without registration and accepting advance payments beyond the permitted limit.

HC asks Panel to verify list of Affordable Flats built by Hiranandani Group

Bombay HC orders committee to verify affordable flats built by Hiranandani Group in Powai, amid dispute over completion of 3,103 flats as per 2012 order.

Maharashtra Govt. Boosts Real Estate Industry With New Concessions!

Maharashtra extends real estate incentives until August 2021, offering concessional premiums to developers for residential and commercial projects in Mumbai.

Delhi NCR Notify New Household Projects

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.

Mumbai’s new schemes of development

Mumbai's real estate development is focused on utilizing 13,000 hectares of land from no development zones to address the housing demand and prioritize affordable housing.

Rates to take a step down alongside Noida expressway

Two expressways in Delhi NCR boost real estate development in Noida, Greater Noida, and Dwarka. Residential projects face water, sewage, and funding challenges, impacting delivery and pricing.

New residential projects in North Bangalore

North Bangalore's residential market is booming with new apartments and luxury villas, offering options for all budgets. Premium and luxury housing options are concentrated around Hennur Road and Thanisandra, while mid-range options are available near the airport.

Kolkata real estate take a hike after Price protect scheme

Kolkata's residential market rebounds post-demonetization with innovative price protection schemes. Demand has surged by 15%, boosting sales and queries.