Gurgaon real estate market
Because of the very poor performance, the Gurgaon Jaipur Highway will be replaced by the month of August. The Highway ministry officials mentioned that the government will take up the project from the developer just in case there is failure incurred on behalf of the bank to substitute the current contractor. In order to solve [...] Continue Reading »
Gurgaon developers are coming up with theme-based housing for niche clients. The real estate developers are lining up projects based on architectural designs of various culture - Egyptian, Arabic or Spanish, etc in the city. The target audience are those whose aspirations go beyond modern facilities like parks, swimming pools or health clubs. The theme-based [...] Continue Reading »
Godrej Properties Ltd has declared that it has sold the first phase of its housing project comprising 695 flats in Gurgaon in a single day. The Mumbai-based real estate developer had launched the 21- acre housing project in Gurgaon comprising 1,200 flats on 11th September. The project has an investment of up to Rs 600 [...] Continue Reading »
Gurgaon has emerged as the top commercial destination in national capital region(NCR). In spite of rise of other NCR areas like Greater Noida, Kundli, Manesar, and Dwarka Expressway, Gurgaon still shelters maximum number of IT/ITeS companies. Analysts say that commercial capital values have almost been doubled in past couple of years while the leasing values [...] Continue Reading »
Gurgaon has registered the fastest growth in the real estate sector in the country. Developers are flocking to the region to launch new projects after prices shot up by as much as 25 per cent in the last one year. Big realty players like Godrej Developer, Tata Realty from Mumbai and Sobha Developers from Bangalore [...] Continue Reading »
L&T’s construction division has won orders valued at Rs 2,592 crore for the construction of multi-storied residential apartments in Bangalore and Gurgaon, including additional work in ongoing projects. In the commercial segment, L&T has got orders totaling Rs 1,165 crore for the construction of mixed-use development, a hospital building and institutional buildings. The company has [...] Continue Reading »
Predicting the real estate market down the lane by next five years, the developers and realty experts say that one can expect launch of maximum 1,50,000 ready flats by the end of year 2015 in the Gurgaon real estate market. This rough data was scaled going by the number of licenses issued to the real [...] Continue Reading »
The present real estate situation has left developers and builders in Gurgaon confused that they have started experimenting. Again! Experimenting in this real estate market is highly risky. With the drastic drop down in residential real estate in Gurgaon, the developers have slowed the construction work. The residential apartments in Gurgaon located in the prime [...] Continue Reading »
Come whatsoever, Gurgaon real estate market is still holding its roots inspite of high interest rates. None of the factors could shake the Gurgaon market and the number of property registrations prove this. The average number of property registered in a month in 2009 was about 2303 which increased to 3236 in 2010 and maintained [...] Continue Reading »
Various issues ranging from possession delays to illegal selling off of the common areas and facilities by builders makes Gurgaon venue of a tussle between residents and builders. Flat owners pay for the common areas and facilities in the form of sale price and internal and external development charges. But Builders use the common facilities, [...] Continue Reading »
