🏗️ How AI Is Revolutionizing Real Estate in India India’s real estate sector stands at the brink of a major transformation. A report by CREDAI and Colliers projects the industry will grow into a $5–10 trillion market by 2047. It will contribute nearly one-fifth of India’s GDP. The biggest catalyst in this evolution is Artificial Intelligence (AI).AI is not just a buzzword—it is changing...
Golf Course Extension Road (GCER) in Gurugram was one of the hottest real estate areas over the last half-decade. New launches are now demanding more than â‚ą20,000 per sq ft as of 2024, from a mere â‚ą8,800 as of 2019. Rental yields, on the other hand, have risen to 4.7%, beating older luxury areas. This rapid ascension indicates a definite change in the psyche of consumers and increasing desire for...
🏗️ MCG Clears 35% of Illegal C&D Waste in Gurugram: A Step Towards a Cleaner City Gurugram, a city known for its rapid urbanization and bustling infrastructure, has long grappled with the challenge of illegal construction and demolition (C&D) waste dumping. However, recent efforts by the Municipal Corporation of Gurugram (MCG) have shown promising results. 🚧 The Scale of the...
🌱 Haryana Brings Back Electric Vehicle Subsidies for Cars Under ₹40 Lakh Haryana government just made a major decision. Industries and Commerce Minister Rao Narbir Singh announced the return of subsidies for electric vehicles (EVs) priced below ₹40 lakh. This policy aims to make EVs more affordable. It also pushes for cleaner air and greener transport across the state. 🚗 Why Haryana...
🏢Real Estate Gets Smarter: Union Minister Manohar Lal Unveils Unified RERA Portal The Indian real estate sector has always been a crucial pillar of growth and development. However, buyers often faced challenges like lack of information, delayed projects, and unclear updates. To address these issues, Union Minister Manohar Lal recently launched the Unified RERA Portal, a step aimed at bringing...
All 152 DDA Flats Sold Within an Hour Under 'Apna Ghar Aawas Yojana' The Delhi Development Authority (DDA) has once again shown why affordable housing schemes create such a buzz in the national capital. Recently, all 152 flats under the 'Apna Ghar Aawas Yojana' were sold out within just one hour of launch. The overwhelming response highlights how strong the demand for quality yet budget-friendly homes...
🚇 Gurgaon Metro Expansion: A New Chapter in City’s Growth Gurgaon has waited eight long years for its metro network to grow again. That wait finally ended on Friday when phase 1 of the new metro corridor kicked off with a grand groundbreaking ceremony. Union minister for housing and urban affairs Manohar Lal Khattar and Chief Minister Nayab Singh Saini led the historic event. The project has...
🚇 Foundation Stone of New Gurgaon Metro Line to Be Laid on Friday The city of Gurgaon is set to enter a new era of connectivity. On Friday, officials will lay the foundation stone of the much-awaited new Gurgaon Metro line, marking the beginning of an ambitious urban transport project. This development promises to reshape daily commuting, boost real estate, and ease traffic woes for thousands of...
🏠GST Rate Reduction on Cement: How It Can Help Homes Become More Affordable The September 3 decision by the GST Council to reduce the rate of tax on cement to 18% from 28% is being viewed as a watershed moment for the real estate industry. Specialists opine that this move has the potential to lower costs by 3-5%, benefiting buyers, builders, and the economy. Above all, affordable housing could...
🏡 Jawaharlal Nehru's First Official Residence Sold for ₹1,100 Crore India’s real estate world just witnessed a historic deal that combines politics, legacy, and luxury. Jawaharlal Nehru first official residence in New Delhi has been sold for a staggering ₹1,100 crore. Beyond being a grand property, this house carries a deep connection with India’s freedom struggle and Nehru’s early...