Birla Estates has tied up with Delhi-based realty firm Anant Raj Group to develop floor-rises in Gurugram. The starting price of the units is Rs 1.36 crore
While quarter-on-quarter growth remains strong, housing sales declined by 57 percent year-on-year basis across eight major cities, the report by brokerage firm PropTiger.com found.
The company has residential projects in Mulund, Thane and Dahisar
The project will offer approximately 1.6 million square feet of potential saleable area comprising of residential apartments of various configurations
A majority of the projects considered for stress funding had RERA and NCLT cases pending against them
Move to lead to real estate development in the region
Trend likely to continue in the next two months on account of offers and schemes by real estate developers to push sales
Hyderabad and Bengaluru witness weighted average price increase of 4 percent and 3 percent year-on-year respectively.
The services for santisation and pest control are available in key markets such as Delhi/NCR, Mumbai, Hyderabad, Pune, Bengaluru, Chennai, Kolkata, and Ahmedabad
Sales of housing units increased by 104 percent in the top seven cities of the country, with Delhi-NCR making the biggest gains, a report by real-estate data research firm PropEquity says.
To be developed in phases, the estimated cost of the entire project is around Rs 1,200 crore for the more than 2,700 total apartments. The units are priced at Rs 37.5 lakh onwards.
To cope with the pandemic related challenges, it has offered deferred rents for at least two months to its clients, revised rents between 30 percent to 40 percent downwards and even reduced the lock-in period by half
The tower consists of fully furnished 2BHK homes starting at Rs 1.49 crore, the company said.
As business activity slows down across the country, the sector may take at least two more quarters to normalise
The pandemic has propelled more and more people from the smaller cities to explore residential property through virtual platforms. Cities such as Agra and Amritsar witnessed growth of over 100 percent in virtual residential demand over pre-COVID times, while the cities of Vadodara, Ludhiana, Mangaluru, Chandigarh and Lucknow saw more than 80 percent rise.
Affordable and mid segments comprised 72% of total new supply in July-September period; MMR, Bengaluru, NCR and Pune together accounted for 84% sales in the same period
Aimed at first-time homebuyers, the affordable-to-luxury housing group plans to launch houses priced at Rs 45 lakh by December this year.
Company plans to develop a residential project; project to offer 15 lakh square feet of saleable area
Digital platforms will form a strong foundation for realty businesses in the future and upcoming technologies will create a seamless buying experience for homebuyers.
Some resident welfare associations suggested creation of a specific redevelopment policy for group housing colonies with planned densification and upgradation of infrastructure.
A property sold for Rs 16.51 crore in Samudra Mahal. Six apartments sold for around Rs 120 crore to a well-known business family. Mumbai's housing market seems to be picking up steam again.
Also, with several physical and operational hurdles in place, the real estate sector is expected to witness large-scale adoption of digitisation
Happinest Palghar, located in the Mumbai Metropolitan Region (MMR), has an Energy Park with 30 outdoor activities for residents of all ages. Units are priced between Rs 9.45 lakh and Rs 19.90 lakh.
The COVID-19 experience has led to new requirements and greater dependence on IT which in turn will empower homebuyers and help improve trust, MoHUA secretary Durga Shanker Mishra said
Fitch expects luxury real estate to see the greatest price moderation but limited price moderation in affordable housing, given the segment’s better demand dynamics and thinner profit margins