Finally, the stage seems to be set for the extension of Gurugram Metro fromNew Gurugram to Old Gurugram which will provide further boost to real estate development in this high potential city of NCR. The all important Metro extension has been held back for a long time. But according to Sudhir Rajpal, CEO, Gurugram Metropolitan…
Category: Affordable Housing
Sector 37 D – A hot destination for apartments in Gurgaon
The prime Sector 37 D of Gurgaon has come up as a much sought after sector for apartment seekers in the high potential city of Gurgaon . Any prospective buyer looking for a flat in a group housing attaches great importance to the location and connectivity of the area. And for that matter Sector 37…
Signature Global Millennia IV offers smart affordable lifestyle homes
Prospective home buyers who are looking for premium lifestyle value homes in Gurgaon , now have a golden opportunity to own one in Signature Global’s Millennia IV project in Sector 37 D prime locality of the Millennium City. This project under Haryana government’s Affordable Housing Policy, is spread over 5.89 acres and offers 814…
Improving consumer confidence favourable for real estate recovery
The continuous improvement in the consumer confidence post-covid, heralds good tidings for the real estate sector. From the historic low of July 2021, following the devastating second covid wave, there has been consistent improvement in the consumer confidence tracked by RBI. In November, the Index reached 62.3, with considerable improvement over the September index of…
RBI’s credit policy to boost residential realty growth
The Reserve Bank of India’s latest credit policy, keeping the interest rates unchanged , will keep the momentum of housing recovery going, leading to the growth of residential real estate in the coming months. RBI in its November 2021 credit policy kept the repo rate unchanged at 4 percent.while reverse repo rate was kept unchanged…
Nod to Noida Airport link with Delhi-Mumbai Eway to boost NCR realty
The approval granted by the Uttar Pradesh government to connect Yamuna Expressway and Noida Airport with the Delhi-Mumbai Expressway, will provide a big connectivity boost to the real estate, not just in Noida/Greater Noida, but also the adjoining high potential destinations of Gurgaon and Faridabad in the NCR. The nod given by the Uttar Pradesh…
Rising home prices -signs of improving residential market
The gradual pick up in home prices across India is a clear indicator that the post-pandemic housing market is picking up which is a good sign for the real estate growth in the coming months. According to its recent quarterly report released by the Reserve Bank of India, the all-India Home Price Index (HPI) of…
Jewar airport to be a big booster for real estate growth
Following the foundation stone laying of the Jewar Airport in Greater Noida, by the Prime Minister Narendra Modi, real estate in the NCR region is set for a big growth. The airport will be developed in four phases. The first phase with 2 runways , will…
Digital boost to mortgage bodes well for residential growth.
The record jump in the digital disbursement of loans including home loans and personal loans , holds great promise for the growth of residential real estate. According to a RBI report, the overall volume of loan disbursements through the digital mode grew more than 12-fold between 2017 and 2020 to Rs 1.42 lakh crore from…
New smart multi-level parking lots to ease commuting in Gurgaon
Two new smart multi-level parking (MLP) facilities , planned by the Gurugram Metropolitan Development Authority ( GMDA) will considerably increase parking capacity in the City Centre area, improving mobility in the city. GMDA has planned the new parking facilities at strategic locations in the Sector 29 City Centre area. These parking lots will come…