NCR’s affordable realty market seems to be making an impressive rebound, despite the general gloom triggered by the pandemic. This inference can be drawn from the latest projections by real estate consultants Anarock and other industry experts that around 50,000 affordable homes, including 16,000 in Gurugram, would be up for grabs by this year end. Currently, […]
Delhi-based real estate firm Eldeco Infrastructure and Properties Limited and HDFC Capital Affordable Real Estate Fund 1 (H-CARE 1), a fund managed by HDFC Capital Advisors Limited, have set up a Rs 150 crore platform focused on the development of low-rise, plotted development projects in Tier 2 cities in National Capital Region (NCR). The proposed developments […]
This is expected to benefit close to 450 homebuyers. The government-backed Special Window for Affordable Housing and Mid-Income Housing SWAMIH Investment Fund (SWAMIH), has committed to invest in completing the phase II of Imperia Group’s residential project in Gurgaon. The investment amount has not been disclosed. As an outcome of this investment, Imperia Group, the […]
The regulations shall be applicable to all real estate projects, irrespective of the fact that they are registered/registerable or exempted from registration. Any sale of real estate project on any other basis except on carpet area basis after RERA coming into force shall be declared as null and void by HARERA. Haryana real estate regulatory […]
The focus of the Union Budget 2021 was on overall economic development and the FM made sure that the country takes an economic leap through various announcements targeted at MSMEs and startups. The real estate sector, a potent engine of growth, was once again left high and dry with no direct incentive falling in its […]
Ahead of the Union Budget 2021-22, real estate experts and developers have sought the support of government, claiming that escalating costs and delays are their biggest hurdles and the government must step in through income tax incentives. Stating that the year 2020 witnessed the emergence of Tier II and Tier III cities, with many people […]
Despite the lower-than-normal sales traffic in the real estate sector, the affordable segment has emerged as the hot cake for the potential homebuyers. Post-Unlock, the segment witnessed improvement in the number of visits to the site, and the properties sold immediately first because of the pent-up demand and realisation of people to own their home, […]
Realty firm Signature Global will invest over Rs 500 crore during the next four years to develop two new affordable housing projects in Gurugram, Haryana, a top company official said. The two projects, comprising around 2,400 units, will be developed under the Haryana government’s affordable housing policy. “We are launching two new affordable housing projects in Gurugram. […]
Strategically located between Manesar, Gurugram, and Delhi, New Gurugram is poised to emerge as a prominent realty hub in NCR due to a spate of infrastructural developments, thrust by the government and initiatives by private developers. Comprising Sectors 102 to 113 and Sectors 76 to 95 & 95A along the upcoming Dwarka-Gurgaon Expressway, New Gurugram […]
Gurgaon’s leading real estate developers with large land banks are focusing on launching gated colonies of residential plots instead of high-rises in a bid to cater to the shift in consumer preference in the wake of the coronavirus pandemic. DLF, Raheja, Alpha Corp and Signature Global are among the builders who have turned to plotted […]