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 ₹20,000 per sq ft as of 2024, from a mere ₹8,800 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...
Delhi’s A+ Property Zone: How Circle Rate Reforms Could Transform Lutyens’ Delhi and Farmhouse Market government is preparing to shake up the city’s property market. With plans to review circle rates the minimum property valuation used for taxation and registration Delhi might soon witness a brand-new A+ property category. This change could finally align government rates with real market values,...
Gurgaon Real Estate: The Next Big Growth Story Gurgaon is once again leading India’s real estate revolution. A recent Colliers India report reveals that micro-markets like Sohna, Southern Peripheral Road (SPR), and Golf Course Extension Road are driving the next phase of urban growth. These areas are set to appreciate between 1.0x and 1.6x by 2030. The Millennium City is expanding rapidly, fueled...
DDA Phase II Jan Sadharan Awas Yojana: Affordable Homes for Delhi Residents Delhi Development Authority (DDA) will launch Phase II of the Jan Sadharan Awas Yojana on November 11, 2025. This initiative provides 1,537 affordable flats for low-income (LIG) and economically weaker sections (EWS). Following the huge success of Phase I, DDA responds quickly to meet the rising housing demand. Officials...
Understanding RERA and Its Purpose The real estate sector in India has long faced challenges like project delays, misadvertisements, and lack of transparency from developers. To tackle these issues, the government enacted the Real Estate Regulation and Development Act, 2016 (RERA). Its main goal is to regulate the real estate market, ensure transparency, and protect the interests of homebuyers. Each...
Prestige Group Plans Big Delhi-NCR Expansion by 2026 The real estate landscape of Delhi-NCR is set for a major shake-up as Bengaluru-based Prestige Group prepares for an aggressive expansion by 2026. Riding high on the overwhelming success of its flagship project, Prestige City in Indirapuram Extension, Ghaziabad, the company now plans to strengthen its footprint across the region including Delhi,...
Sobha Ltd. Sets the Stage for Massive Expansion In an exciting development for India’s real estate market, Sobha Ltd has announced plans to launch residential projects worth a whopping ₹22,000 crore over the next 18 months. The company’s aggressive growth strategy reflects its confidence in the rising demand for luxury and premium housing across India’s major cities. With a focus on both...
M3M India to Invest ₹2,100 Crore in Jacob & Co Residences: Redefining Ultra-Luxury Living in Noida A New Jewel in Noida’s Skyline In a groundbreaking announcement, M3M India has revealed its ambitious plan to invest ₹2,100 crore in developing Jacob & Co. Residences, an ultra-luxury branded residential project in Noida. The partnership brings together one of India’s top real estate...
Dwarka Expressway and UER-II: The New Epicenters of Delhi-NCR Housing Boom The Delhi-NCR real estate landscape is witnessing a remarkable transformation. Two corridors, Dwarka Expressway and Urban Extension Road-II (UER-II), have emerged as key drivers of residential demand. With enhanced connectivity and strategic proximity to Gurugram, these areas are no longer just alternative residential zones they...
India Secures 6th Spot Globally in Branded Residences A New Era for Luxury Living India has stepped into the global spotlight once again! According to a new Knight Frank India report, the country now ranks sixth in the world for branded residences, contributing 4% to the global supply. With Mumbai, Delhi-NCR, Bengaluru, and Pune leading the charge, India’s luxury residential market is witnessing a...