Despite a significant rise in housing prices across cities in 2024, homebuyers continue to prioritize larger living spaces. According to the latest Anarock data, the average flat sizes in the top seven cities rose by eight per cent annually in 2024—from 1,420 sq. ft. in 2023 to 1,540 sq. ft. in 2024. Back in 2019, the average flat size in these cities was 1,145 sq. ft., marking a remarkable 34 per cent...
An area of 480,000 sq. ft has been rented by the company for a group work office in a period with six years. For a rate of Rs 94.68 crore annually, this six-year commitment is one of the company's most outstanding highlights in the surge of the area. Excellent Site It is located in Block-3 of the DLF Commercial Building situated in DLF City-Phase 5, Vijay Sirohi, Gurugram. The data fetched from...
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...
The Adani Group is in advanced discussions with Dubai-based Emaar Group to acquire a majority stake in Emaar India for ₹4,000-5,000 crore, according to sources familiar with the matter. “The deal is expected to involve 70-100% ownership of Emaar India, which boasts prime-location projects with promising valuations, one source revealed, adding that Adani Realty, the unlisted real estate arm of the...
NCR Real Estate Market Shows Resilience and Growth The Indian real estate sector continues to reach new heights, overcoming challenges and demonstrating consistent growth. According to Prop Equity, Delhi NCR witnessed a robust performance in the December 2024 quarter. Housing sales expected to rise by 25% and new supply by 59%. The region saw 12,291 residential units sold and 11,223 new units...