Real estate in Gurgaon
The execution of projects and sales bookings had improved for the real estate firms in the quarter ended March (Q4) than in the preceding three months. The real estate companies struggled to improve the sales and profit in 2011-12 as the economy slowed. The realty index on BSE has dropped nearly 24% in the past [...] Continue Reading »
Unity Infraprojects will work on the development of NHAI roads. They will construct and operate in the Suratgarh-Sriganganagar section of NH-15. The other development work will be done in Punjab/ Haryana Border-Jind section of NH- 71. With these two projects the real estate in Gurgaon region will become more attractive to the buyers. The estimated [...] Continue Reading »
With the number of project approval granted to the builders, analysts predicts that by the end of 2015, the number of ready to occupy apartments will be close to 150000. This scenario is predicted only for Gurgaon region. Along with the apartments the Gurgaon real estate sector also has lot of ready villas and private [...] Continue Reading »
The Haryana Government is planning to increase the property registration rates for the financial year 2012-13. The expected hike in the property registration rate may be around 15%. The rate of registration cost for the properties in Gurgaon has witnessed several hikes in last one year. 20-33% hike in registration cost was announced on March [...] Continue Reading »
According to census 2011, it is analyzed that one fifth of apartments in Gurgaon are lying vacant. Those apartments might be sold to different buyers, but no one live there. This situation arises as few people bought multiple apartments as investment. According to different experts, the extent of vacant properties indicates the worth of the [...] Continue Reading »
SARE (South Asian Real Estate) homes planned to construct new apartments in Gurgaon based on luxury at affordable price. The project will be a part of the integrated group housing township project ‘Crescent ParC’ in sector 92, Gurgaon. According to a senior official of SARE, the township project is running in the 4th phase of [...] Continue Reading »
Kotak realty fund planned to invest in a 100 acre integrated township project in Gurgaon by Parsvnath Developers. The township will consist of residential apartments along with commercial and retail constructions. In past Parsvnath developers sold stakes of its residential projects to private equity funds like JP Morgan, La Tropicana. The proposed township location is [...] Continue Reading »
Gurgaon residential sector observed 30% to 35% rise in capital values in residential property. On the other hand the execution of properties slow down due to the high debt rate and crunch in liquid fund. But the market opportunity in Gurgaon is considered to be higher than other markets. The improvement in infrastructure in terms [...] Continue Reading »
Gurgaon is suffering from insufficient sewerage lines. The underground sewage system is not enough to support the growing real estate in and around Gurgaon. As lot of different colonies are coming up in all places and many of them do not have proper sewage system. Though HUDA had invested lakhs of rupees in Behrampur treatment [...] Continue Reading »
Sunteck Realty has closed the best deal ever for their real estate projects in Gurgaon. They procure a 16 acre land with optimum price of Rs 300 Crore. According to the company higher official, Suntech took the advantage of slowdown of the market scenario and closed the best deal for their future project. Their plan [...] Continue Reading »
