NCR
The world famous hospitality player Starwood Hotels & Resorts is planning to launch its luxury brands St Regis and W Hotels in India to meet the demand of the Indian market. With the launch of this brand in India, Starwood will have eight out of its nine brands in India. Mr. Dilip Puri, managing director [...] Continue Reading »
Dwarka Expressway has emerged as one of the most famous real estate destinations in the National Capital Region (NCR).The project was to be completed in March 2012 but because of land acquisition issues the project was delayed. The builders who involved in this project played a vital role in accelerating the development process and ensuring [...] Continue Reading »
Although real estate majors claim that the polls this year have aggravated the slowdown. Businesses ranging from print media to SUV-makers do brisk business if elections are around the corner. Large listed developers such as Mahindra Life space said as property sales turn sluggish in the election months, they were putting new projects on hold [...] Continue Reading »
DDA’s master plan 2021 will help in checking the increasing price of housing units in Delhi and NCR. The industry insider noticed that these would be at least 15 to 20 percent cheaper as compared to the estimated cost of the real estate in the next 3 to 4 years. Mr. Anshuman Magazine, CMD, CBRE, [...] Continue Reading »
Dharuhera is the fastest emerging industrial town on the outskirts of Delhi. As per the report, Dharuhera is the fastest growing town of Haryana and that it is also the new growth corridor of Gurgaon and New Delhi. Strategic location Dharuhera is situated on NH-8, the busy Delhi-Jaipur Highway, and is on an hour’s drive [...] Continue Reading »
Cushman & Wakefield, global property consultant, said, In the real estate sector private equity investment increased by 13 per cent to Rs 7,000 crore last year on higher inflows in the residential segment. “Total inflows from private equity funds in the real estate sector was recorded at Rs 7,000 crore ($1.2 billion) for 2013, an [...] Continue Reading »
A global real estate consultant says that the Office space requirement is likely to increase by 7 percent during this year to 29 million sq ft in India’s 7 major cities as corporates are looking at expanding their business. The demand of office space was 27 million sq ft last year in the seven cities [...] Continue Reading »
A report says during the period of 2013, the housing prices decreased by an average of 8 percent as compared with the previous year. The reduction of prices is due to political uncertainties. According to the report, Delhi-NCR is the most demanding property location in India. While the present economic conditions and political uncertainty is [...] Continue Reading »
Shalimar group is focusing to invest Rs 1,200 crore in its two housing projects in Lucknow. Mr. Khalid Masood, Director of Shalimar Group says that the two projects collectively spread over 275 acres. The company also announced the new project Garden Bay, which spread over 75 acres on Sitapur-Hardoi Road and costing around Rs 200 [...] Continue Reading »
DLF is coming up with Prime Towers in south Delhi in Okhla, with a target to bring in a new classification to the commercial-cum-retail space in the capital. The completely air-conditioned and vast eight storey commercial space of area approximately 1.95 hectares, is suitable for investors, retail brands, MNCs and bank. The main tower is [...] Continue Reading »
