The much-anticipated 3.4km master road linking Naurangpur Road to the Southern Peripheral Road (SPR) through sectors 77, 78, and 79 is nearing completion. Once finalized, this master road will offer a vital link from Naurangpur village to the SPR, benefiting approximately 10,000 residents across half a dozen residential societies in the sectors it traverses. While…
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Offshoring Industry Fueling Office Space Leases in India’s Commercial Real Estate Market
In the realm of business dynamics, the term “offshore” has evolved to encompass operations conducted at sea, particularly in the oil and natural gas sector. This sector, nestled within the upstream segment of the industry, encompasses activities ranging from exploring potential underground reserves to the extraction and delivery of crude oil and natural gas. According…
The Luxurious Shift: India’s Premium Property Market Surges as Urban Living Evolves
In the dynamic realm of India’s real estate, a notable shift is underway, heralding a luxurious transformation in the property market. Recent surveys conducted by leading real estate agencies reveal a striking trend: a surge in high-end housing launches, eclipsing the growth of affordable options. This shift, fueled by changing urban dynamics and evolving consumer…
Record Office Leasing Surge in Top Indian Cities in Q1 2024
The Indian real estate landscape is experiencing a seismic shift, notably in the realm of office leasing across key cities such as Delhi NCR, Mumbai, Chennai, and Pune. As the curtains rose on the fiscal year, a staggering forecast emerged, predicting these cities to collectively lease upwards of 50-55 million square feet of office space….
India’s Real Estate Market Witnesses a 68% Spike in Property Sales
In today’s dynamic business landscape, the real estate sector stands out as a lucrative investment avenue. Entrepreneurs and prospective buyers alike are drawn to the promise of high returns, making real estate a preferred choice for securing their financial future. This year, India’s real estate market has seen a remarkable surge, especially in the luxury…
India’s Real Estate Revolution: Gurgaon’s Role in Driving $1.5 Trillion Sector by 2034
The Indian real estate sector is experiencing rapid growth, signaling progress, prosperity, and sustainable development for the country. Gurgaon, in particular, is emerging not only as a real estate hub but also as a geopolitical center. According to a report by Frank Knight India, the Indian real estate market is projected to reach a staggering…
Sector 71 in Gurgaon: The Epicenter of Real Estate Boom on SPR
Sector 71 in Gurgaon has emerged as a significant real estate zone, situated strategically along the Southern Peripheral Road (SPR) and often referred to as the heart of the city. The recent advancements in road infrastructure, such as the Sohna-Alwar-Gurgaon road and the Dwarka Expressway, have played a pivotal role in transforming Gurgaon’s real estate…
Real Estate Outlook Brightens with Steady Repo Rate: Stability and Opportunity Ahead
The RBI’s recent decision to maintain stability in interest rates through its monetary policy for 2024 is poised to bring significant benefits to homebuyers and bolster housing sales. The unchanged repo rate by the RBI will be advantageous for all stakeholders in the real estate sector. This move will empower real estate developers to undertake…
Driving Growth: Institutional Investments Fuel Indian Real Estate Momentum in Q1 2024
In the first quarter of 2024, institutional investments in the Indian real estate market surged to an impressive $1.0 billion, marking a robust start to the year. This surge reflects a significant shift in investor behavior, particularly among domestic investors who nearly doubled their exposure to the sector compared to the same period in 2023….
SPR: Gurgaon’s Real Estate Jewel Beckons Investors
Gurgaon has long been a magnet for real estate investments, with two major thoroughfares, the Southern and Northern Peripheral Roads (NPR and SPR), encircling it much like the Ring Road encircles the national capital. Among these, the Southern Peripheral Road (SPR) has emerged as a particularly enticing destination for savvy investors keen on capitalizing on…