The real estate industry is one of the most capital-intensive industries in the world drawing huge investments, skilled labor, and time execution for successful projects. Developers face hurdles which include construction delays, cost overruns, and quality assurance issues. To keep up with the rising demand for residential and commercial properties, developers should try to establish long-lasting...
Understanding the Repo Rate Cut The Reserve Bank of India (RBI) last week announced its decision to chop 25 basis points off its repo rate-a reduction from 6.5% to 6.25%. This comes as the bank's first decision to cut for five years that would help alleviate borrowing costs while boosting economic growth. The key policy rates-the Standing Deposit Facility (SDF) Rate-being revised by Monetary Policy...
India's DLF, the leading real estate giant, seems to have hit the jackpot with its ultra-luxury residential project 'The Dahlias' in Gurugram. Strikingly, 173 apartments in the project have been sold off for a jaw-dropping Rs 11,816 crore, due to brisk orders from the ultra-rich in India and NRIs. Unrivalled Luxury in Gurugram 'The Dahlias' is located in the prime DLF Phase 5 region and sprawls over...
Realty firm Signature Global has announced an impressive jump in its sales bookings, which surged to ₹2,770 crore, more than doubling from ₹1,260 crore in the same period last year. The increase reflects the robust demand for the company’s residential projects, particularly in Gurugram. Chairman Pradeep Kumar Aggarwal attributed this remarkable growth to the trust customers have placed in the...
The much-anticipated Gurugram Metro extension project is set to redefine urban mobility, ignite real estate growth, and enhance the quality of life in the city. Slated to begin construction on May 1, 2025, under the leadership of Haryana Chief Minister Naib Singh Saini, the project has a budget of ₹5,452.72 crore and will feature 27 strategically planned stations. A Game-Changer for Infrastructure...
Signature Global In a strategic move to capitalize on the growing demand for mid-income and premium residential properties, real estate developer Signature Global has acquired a prime 16.12-acre land parcel in Gurugram, Haryana, for approximately ₹300 crore. The land is located in Sector 71, along the Southern Peripheral Road (SPR), a rapidly developing region in Gurugram known for its connectivity...
Ganga Realty, a prominent name in luxury real estate, is transforming Gurgaon’s housing market with two standout projects launched in 2024: Anantam, the city’s tallest luxury residential tower, and Nandaka, a premium eco-friendly development. With a strong focus on quality, innovation, and sustainability, Ganga Realty is more than a real estate developer—it’s a creator of spaces designed to...
A recent report by Square Yards highlights that since 2020, Dwarka Expressway has witnessed an annual supply of 10,000. New residential units, significantly surpassing the pre-pandemic average of 5,000–7,000 units per year. Signature Global Leads on Dwarka Expressway The Delhi-NCR real estate market is buzzing with activity. Dwarka Expressway has emerged as a hot spot for residential projects....
The Gurugram Metropolitan Development Authority (GMDA) has taken serious note of water supply issues at M3M Woodshire, a residential condominium in Sector 107, Gurugram. Residents had voiced their grievances during a meeting last month with Badshahpur MLA Rao Narbir Singh, citing severe water shortages and escalating expenses for alternative water sources. The GMDA has now instructed the condominium...
Despite multiple directives from the Chief Minister and the Department of Town and Country Planning (DTCP) over the past eight years. The Municipal Corporation of Gurugram (MCG) has not taken over the maintenance of DLF Phases 1-3. In its latest submission to the Punjab and Haryana High Court. The MCG cited a lack of funds and manpower as the primary reasons for the delay. The case, filed by the...