Category: InfraEstate

Delhi-NCR continues to be a hotspot for real estate transactions across various sectors and as in the previous financial year, land deals have been a significant part of real estate development. ANAROCK data finds that in contrast to the 23 land deals covering approximately 273.9 acres in FY-23, FY-24 witnessed 29 land deals for approx. 314 acres.   “About 26 separate land deals, totaling approx. 298 acres, were proposed for residential and township projects to meet the region’s growing demand for housing and urban development,” says Santhosh Kumar, Vice Chairman – ANAROCK…

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NGK INSULATORS, LTD. (hereinafter “NGK”) has received an order from BASF Stationary Energy Storage GmbH (hereinafter “BSES”), a subsidiary of German chemical manufacturer BASF SE,　for NAS Batteries for a large-scale green hydrogen production project, developed by HH2E, a German green hydrogen producer.   The NAS batteries that have been ordered have a maximum output of 18 megawatts and a capacity of 104.4megawatt-hours (72 container-type NAS batteries). They are part of the large-scale project for green hydrogen* production currently under development on the Baltic Sea shore in the north of Germany.…

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In contrast, 88 land deals for approx. 1,886 acres were closed in FY-23 In FY-24, over 83 land deals for 1,135+ acres closed in top 7 cities alone, remaining 18 deals over 1,853+ acres in tier 2 & 3 cities incl. Ahmedabad, Ayodhya, Jaipur, Nagpur, Mysuru, Ludhiana, and Surat Among the top cities, NCR clocked maximum 29 land deals for 313+ acres, followed by MMR with 19 land deals for approx. 157+ acres Of total land deals in FY-24, approx. 80 separate deals for approx. 2,252 acres proposed for residential, plotted…

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With reforms, housing demand soars – over 28.27 lakh homes sold in top 7 cities between 2014 to 2023; over 29.32 lakh units launched in the last 10 years AIFs revive hope – from 2019 inception to December 2023, approximately 26,000 homes completed by SWAMIH Fund, 80,000 more to be completed in the next 3 years RERA – approximately 1.23 lakh projects registered across states since inception till date, 1.21 lakh complaints disposed PMAY delivers affordable housing to urban & rural poor – approximately 118.63 lakh homes sanctioned under PMAY(U) till date, 294.86…

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  New vertical launch aligned with Group’s phased expansion strategy – Anuj Puri, Chairman   Leading independent property services group ANAROCK has announced the launch of its dedicated commercial office leasing services, and the appointment of CRE veteran Peush Jain as Managing Director – Corporate Leasing & Advisory. After successfully launching office strata-sale focused ANAROCK Commercial in 2020, the Group sees this move as the logical next step towards completing its industry-defining real estate services portfolio.   The launch of its commercial leasing and advisory vertical aligns seamlessly with the Group’s overarching…

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The Dwarka Expressway, is an infrastructure project in the National Capital Region (NCR) of India, is poised to significantly benefit the real estate sector and create substantial job opportunities. Spanning approximately 29 kilometers, this expressway connects Dwarka in Delhi to Gurugram in Haryana, serving as a crucial link between these two major urban centers. One of the primary ways in which the Dwarka Expressway is expected to impact the real estate sector is through enhanced connectivity. Improved connectivity is often a catalyst for real estate development, as it opens up…

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  Sales numbers in a quarter at all-time high; approx. 1.30 lakh units sold across the top 7 cities in Q1 2024 against approx. 1.14 lakh units in Q1 2023 MMR & Pune account for 51% of total sales; MMR records 24% yearly jump, Pune sees 15% rise New launches up by a mere 1% Y-o-Y – from approx. 1.10 lakh units in Q1 2023 to approx. 1.11 lakh units in Q1 2024 MMR & Hyderabad see 51% of total launches in the top cities; new supply in NCR, Kolkata, MMR…

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In general election year 2014, the housing market created a peak with approx. 3.45 lakh units sold & 5.45 lakh new units launched across the top 7 cities Election year 2019 brought another peak post sector slowdown from 2015 onwards due to structural changes like DeMo, RERA, and GST etc. – approx. 2.61 lakh units sold & 2.37 lakh units launched in top 7 cities Decisive election result in 2014 & 2019 boosted homebuyer sentiment  All signs currently favour 2024 seeing another peak with key real estate regulations in place, strong GDP growth predictions,…

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In its bid to support the rising talent from Telangana, Navanaami, the leading real estate developer in Hyderabad, felicitated the Chess Prodigy and Grandmaster V Prraneeth in an exclusive ceremony organized in Hyderabad.   Amidst thunderous applause and cheers from Navanaami's employees and staff, Mr.G Venkat Naveen Gadde, Founder & MD of the company, felicitated  GrandmasterV Prraneeth for his remarkable achievements in the world of chess and expressing support for his future endeavors.   Speaking on the occasion, Mr. G Venkat Naveen Gadde, Founder & MD of Navanaami, said, “We…

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Signature Global, India’s leading real estate name, celebrates the 53rd National Safety Week across its project sites in Gurugram, including 37D, 79B, 92, Park 1, 2 & 3, 63A, and others. During Safety Week, organized from March 4th to March 10th, the company will engage contractor employees and construction workers in a safety campaign while providing a secure working environment. The fest will include activities like march past, flag hosting, safety pledges, speeches, street plays, mock drills, first aid training, and safety training. Pradeep Agarwal, Founder and Chairman of Signature…

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