residential apartments in Delhi
Currently, studio apartments are in high demand in both metros and tier II cities. According to the CEO, Jones Lang LaSalle India, studio apartments are usually the first ones to be sold out in a residential project. Studio apartments are generally the most cost effective residential options for people who prefer to own rather than [...] Continue Reading »
The demand for residential apartments is soaring strongly in NCR despite speculative market that is owned by the predominance of various investors. The market is expected to become transparent with the revised circle rates. Gurgaon has witnessed the maximum number of launches in H1 FY13 combines 33 percent of total launches in NCR region. It [...] Continue Reading »
Gurgaon : Investors are attracted to the projects in Sohna road and adjacent sectors like 68 and 69, which offers residential properties in the range of Rs 4500-6000 per sq ft. The price of properties in sectors like 47, 48 49 in the same road has reached to 8000-10,000 per sq ft. Few sectors like [...] Continue Reading »
Hindustan Construction Co. Ltd has started selling non-core assets to reduce the debt burden. They have already sold 20 acre land along the Mumbai Pune expressway. As on March 31st, the total debt amount of HCC is Rs. 4200 crore. To reduce the debt amount the group has decided to sell another 80 acres at [...] Continue Reading »
According to real estate analysts more than five lakh apartments are under construction in the NCR. NCR is reported as the largest residential property market in India. The analysts also reported that the launching of new properties in NCR happened during the global economic slowdown period. Almost 50% of the 5 lakh residential units will [...] Continue Reading »
Emaar MGF has formed a four member executive committee for taking all major decisions. The only nominee of the Indian partner is MGF CEO Mehar Karan Singh. According to the Emaar MGF spokesperson this formation will not effect the present management control of the venture. The joint venture of Emaar and MGF have invested for [...] Continue Reading »
