“Ganga Realty’s ‘Anantam’, Gurugram’s Tallest Residential Tower, Receives Overwhelming Response During EOI Phase”

Ganga Realty, a prominent real estate developer based in Gurugram, has recently unveiled 'Anantam', the tallest residential tower in the city, located in Sector 85. The project’s Tower A, launched under an exclusive Expression of Interest (EOI) phase, received an extraordinary response from homebuyers in a remarkably short period. Ganga Realty is offering a limited-time Expression of Interest (EOI) with a special inaugural rate. The first 50 buyers can secure units at Rs 16,500 per sq ft, providing significant savings compared to the introductory price of Rs 17,500 per sq…

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Womeki Group Unveils its Prestigious 350-crore Premium Project ‘Eye of Goa’ at Sindhudurg, Maharashtra

Teams Up with Terra Holding for the Landmark Construction Venture The premium project, featuring plots and villas, is situated on the captivating Kalavi Beach in Sindhudurg, Maharashtra With only 35% of the land being developed, the project offers exclusivity amidst a serene environment and breathtaking ocean views Plots are priced at ₹ 50- 60 lakh per unit The project is scheduled for completion between 24-40 months Womeki Group, a leading luxury real estate developer, announced the launch of its latest venture, “Eye of Goa”, a 350-crore residential development project situated along the…

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Urbanization Vs. Nature – Is a Symbiosis Possible?

 by Akash Pharande, Managing Director – Pharande Spaces Before urbanization took off earnestly in India, humans and nature coexisted admirably. Unfortunately, rampant real estate development has steadily reduced Indians' access to nature. From the increasing demand for integrated townships with abundant greenery, we can see that urban dwellers today are looking to reconnect with nature. The Cost of Urbanization Our cities' development agendas have taken a huge toll. Parks and forested regions have been replaced with high-rise skyscrapers. It's tempting to blame municipal authorities and real estate developers for this…

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Licensing Overhaul Squeezes Promising Housing Supply, But Future Looks Promising

Recent changes in the licensing policy have stirred up the real estate sector in Faridabad, with far-reaching impacts on both developers and homebuyers. The new regulations, aimed at addressing loopholes in the Deen Dayal Jan Awas Yojana (DDJAY), have led to a variety of consequences across the housing market. Supply Shortage and Rising Prices The tightening of licensing norms has resulted in a significant reduction in the supply of new housing units, particularly in the affordable segment targeted by DDJAY. As developers pause construction to comply with the revised regulations,…

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Rent vs. Buy – Rental Vs. Capital Growth in Key Micro-Markets of Top 7 Cities

  Data analysis of key micro markets in top 7 cities reveals that in Bengaluru, Pune, Kolkata & Chennai, avg. residential rentals rose more than the capital values b/w 2021-end and H1 2024 Bengaluru’s Sarjapur Road saw avg. monthly rentals increase by 67% in the period, while capital values rose 54%; likewise, Pune’s Hinjewadi saw rental values appreciate by 52% while capital values rose just 31% Key micro-markets in NCR, MMR & Hyderabad saw capital values appreciate more than rental values b/w 2021-end and H1 2024 NCR’s Sohna Road saw…

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Rent vs. Buy – Rental Vs. Capital Growth in Key Micro-Markets of Top 7 Cities

  Data analysis of key micro markets in top 7 cities reveals that in Bengaluru, Pune, Kolkata & Chennai, avg. residential rentals rose more than the capital values b/w 2021-end and H1 2024 Bengaluru’s Sarjapur Road saw avg. monthly rentals increase by 67% in the period, while capital values rose 54%; likewise, Pune’s Hinjewadi saw rental values appreciate by 52% while capital values rose just 31% Key micro-markets in NCR, MMR & Hyderabad saw capital values appreciate more than rental values b/w 2021-end and H1 2024 NCR’s Sohna Road saw…

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Paras Buildtech Organized a Successful Book Donation Drive

Paras Buildtech, a prominent real estate developer, concluded a three-day Book Donation Drive at Paras One33 in Noida from September 12th to 14th, in partnership with two renowned NGOs, Aarambh and Udaar Foundation. The drive was organised on the occasion of Hindi Diwas with NGOs who played a pivotal role in collecting and facilitating the future distribution of the donated books to needy children, ensuring the initiative's long-lasting impact. The initiative aimed at supporting the education of underprivileged children through a meaningful blend of corporate social responsibility and community engagement.…

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Growth District Faridabad Poised for Major Upsurge with Faridabad Jewar Expressway

·         Connectivity to the upcoming Jewar Airport to reduce to just 20 minutes   The forthcoming Faridabad Jewar Expressway, an ambitious infrastructural project set to significantly enhance connectivity in the Delhi NCR region, is expected to drive substantial growth in the real estate market, particularly to the Growth Distric Faridabad township. This new expressway, slated for completion by June 2025, promises to revolutionize travel between Ballabgarh and Jewar Airport, cutting the journey time from the current two hours to just 20 minutes. The expressway will not only streamline travel but…

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EROS Group’s Sampoornam 3 Pre-Launch Sales Skyrocket, ₹200 Crore Inventory Sold in 2 days

Eros Group, one of India's leading real estate developers, is thrilled to announce the unprecedented success of its latest residential offering, Eros Sampoornam 3 in Greater Noida West. Post receiving UP RERA registration number of the project; right before the official launch, the project has witnessed an overwhelming response from homebuyers, with an inventory worth ₹200 crores already sold in 2 days, marking a significant milestone for the Group.  EROS Group invested 400 crores in these 5 towers of Sampoornam 3. The project will be self funded. Spanning over 21,728 square meters (approximately…

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Ultra-Luxury Homes Hit INR 2,443 Cr Sales in 8 Months Across Top Cities

  A total of 25 ultra-luxury homes (priced >INR 40 Cr) sold this year till August in Mumbai, Hyderabad, NCR’s Gurugram & Bengaluru The 25 deals include 20 high-end apartments and 5 independent bungalows In entire 2023,  61+ deals worth approx. INR 4,456 Cr were closed in these cities In 2024 till date, Mumbai dominates with 21 ultra-luxury residential deals for approx. INR 2,200 Cr – comprising 84% share of total deals so far Hyderabad saw 2 deals collectively worth approx. INR 80 Cr, Gurugram in NCR saw one ultra-luxury home…

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