TARC Ltd, which is positioned ahead in the chain of real estate developers, has projected ₹2,000 crore revenues from the next phase of its two flagship projects, TARC Ishva and TARC Kailasa. This projection conforms with the company's expansion strategy using its expertise in premium residential developments. Company Profile TARC Ltd has established itself in the real estate industry and has...
Gurgaon is seeing an upswing in real estate activity, courtesy of the Dwarka Expressway, which has emerged as the most favored investment destination in NCR. In the last five years, fast-track development of infrastructure has skyrocketed property prices here. A Grand Jump in Property Prices Properties along the Dwarka Expressway have shown a phenomenal increase of 79% in the last five years. In...
According to a report from CREDAI-Colliers-Liases Foras, prices rose by 10% in the last quarter of 2024 compared to the last quarter of 2023 in the top eight cities of India, including all major cities. The highest growth was seen by Delhi NCR at 31%, with Bengaluru following at 23%. The Demand for Luxury Housing is Increasing. Affordable housing sales will be primarily maintained; however,...
Bollywood icon Shah Rukh Khan has been announced as the brand ambassador of Elan Group. A prominent real estate developer based in Gurugram. The company announced on Friday that Shah Rukh Khan's arrival as the face of the brand will restructure luxury and excellence in the real estate market. A New Chapter for Elan Group Elan Group, one of the reputed names in real estate, is headed by Rakesh...
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...
About Gurugram is one of India's fastest-growing real estate markets, driven by its emergence as a corporate and IT hub. However, as the city expanded, the existing road network, especially the NH-8 and the Delhi-Gurgaon Expressway, became congested. Daily commuters, homebuyers and businesses faced severe traffic bottlenecks, impacting productivity and reducing the quality of urban life. Gurgaon...
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...
Introductions ASK Property Fund, the real estate arm of Blackstone-backed ASK Asset & Wealth Management Group, has made an investment worth ₹245 crores for developing a residential project by Satya Group in Sector 104 on Dwarka Expressway in Gurugram. This marks a major development in the real estate scenario in the region in line with the fund's strategic targeted investments into...
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...
Entering India's burgeoning real estate sector of the country, Mitsubishi Corporation envisaged the development of its first housing project there, forming a partnership with Birla Estates. The first milestone in Mitsubishi's strategic vision of expanding into the Indian property development sector is marked by a substantial ₹560 crore investment. First-of-its-kind Partnership Jointly entering...