Latest Real Estate News Delhi, India - Real Estate market in india

Chandigarh

Tier 2 & 3 Cities the New Draws for over 25% Real Estate Investors

Ahmedabad, Jaipur, Chandigarh, Nashik & Kochi top favourite among Tier 2 & 3 destinations Bangalore 2nd-most preferred investment destination with 21% votes in favour, followed by Pune with 18% For over 30% NRIs, Bangalore is the hot favourite investment hub Low property prices coupled with improved infrastructure facilities in Tier 2 & 3 cities the primary investment magnets by Anuj Puri, Chairman – ANAROCK Property Consultants The quintessential Indian’s yen for investing in real estate continues. The latest data vouchsafes the visible return of investor sentiment for real estate, and the enthusiasm is not limited to traditional property hotspots of the big cities. ANAROCK’s recent second edition of its Consumer Sentiment Survey confirms that investors are equally...

AlphaCorp launches Atulyam under Deen Dayal Jan Awas Yojna in Karnal – RealtyMyths

-AlphaCorp offers plots under the scheme -Deen Dayal Jan Awas Yojna is an initiative of Haryana Govt. with an aim to provide housing for all by 2022 -AlphaCorp organizes bhoomi poojan of the project Affordable housing has revolutionized the Indian real estate sector. The concept is concerned with providing units which are affordable by the low and medium section of society. On the same lines, realty player AlphaCorp has launched Atulyam in Alpha International city, Karnal. To mark the foundation laying of the project, the Group organized ‘Bhoomi Poojan’ on 7th May 2019. The event took place in the presence of AlphaCorp employees and its partners, residents of AICK, and few buyers. Alpha Atulyam has been launched under Deen Dayal Jan Awas Yojana which has a vision of housing for all. It aim...

Top 4 under Construction Metro Rail Projects in India – RealtyMyths

by Anushree Ghosh, In recent times, we have witnessed a great shift in the way people commute in cities. Due to traffic congestion and the heightened level of pollution, metro rail has emerged as one of the best modes of transport in tier-1 and tier-2 cities. While the plan is to improve the inter-city network by metro lines, it seems to be a long way ahead, as there are still many ongoing projects that are incomplete. Here is a list of the status of various metro projects in India: Hyderabad Metro Line Hyderabad is on its way in becoming the global centre for IT and entrepreneurs, and the development of Metro connectivity has been instrumental in bringing the change. This has a clear impact on the real estate market of the city, which is now a great destination to check out for investors....

Schneider launches customisable & IoT enabled smart switches in India – RealtyMyths

Offers personalisation, robustness and energy efficiency Digitally enhanced switches with voice and app controls Schneider Electric, the leader in the digital transformation of energy management and automation today launched three new wiring devices range – Clipsal X, UNICA Pure and Avatar ON. With products that are digitally advanced, with alluring designs, Schneider Electric aims to address the growing consumer market that demands style, strength, efficiency as well as digitisation. The products are being introduced with the unique proposition of customisation and IoT enablement. Available in varied price ranges, the products are one-of-its-kind in the Indian home distribution segment. In India, the Home Automation industry is rapidly growing and evolving more to a converged offering wit...

Tier 2 and Tier 3 cities stage their real estate comeback

Anuj Puri, Chairman – ANAROCK Property Consultants After a protracted period where interest for real estate investment was concentrated primarily in the larger cities, we are now seeing a resurgence of the tier 2 / tier 3 cities story in India. Many of these cities are seeing increasing economic activity and infrastructure growth, to some extent reducing the outward migration to the metros. This is a welcome dynamic which will eventually result in a more uniform spread of real estate demand across the country, and reduce the pressure on the larger cities. What lies beneath The ticket sizes for residential properties in tier 2 and tier 3 cities and towns start from a significantly lower base, owing to cheaper land prices and also the fact that developers active there are more aligned with a...

Virtuous Retail South Asia acquires North Country Mall for 700 Crores

Virtuous Retail South Asia Pte. Ltd. (VRSA) today announced the acquisition of the 2 Million sqft. North Country Mall from Sun Apollo / Gumberg for INR 700 crores (~ USD 108 MM), including paying down debt. With this acquisition, VRSA establishes its presence in North India, adding to its existing award-winning portfolio of community-centric centers VR Surat and VR Bangalore, and the 2 Million sqft. VR Chennai slated to open in Q4 2017. VRSA’s India retail portfolio now stands at 5.5 Million sqft. RM Correspondent North Country Mall, located in the Chandigarh Capital Region, is one of the largest operating malls in Punjab. Built on a sprawling 22 acres on the arterial NH 21, it benefits from a great location in the upmarket and high income residential suburb of Mohali, also known for its i...

Chandigarh’s Real Estate – A Blooming Market

Well Planned union territory, i.e Chandigarh serves as the capital of Punjab and Haryana. Swiss- French architect Le Corbusier designed the city with beautiful gardens forming a central grid, each devoted to a specific flora. Post independence, Chandigarh was the first city that was planned and is renowned internationally for this. Though, the government housing projects were designed by Chandigarh Capital Project Team administered by Pierre Jeanneret, Jane Drew and Maxwell Fry. Mythbuster Anushree This gorgeous city attracts many investors as it is well resourced and economically progressive. Other than the money flowing from the agricultural sectors, the city flaunts of small scale, medium and large scale industries. The economy also depends on tourism, poultry and fishing. The booming I...

Do you know the cleanest city in India? You might get shocked!

As Indians we have become used to the filth and dirt surrounding us, it doesn’t even bother us any more to observe leaking sewer, piles of garbage, stinking pits and scattered trash. Mythbuster Anushree Mahatma Gandhi Once said – “Sanitation is more important than independence”. Though we achieved independence long before, clean cities and villages still remain a distant dream. Cleanliness of a city also showcases the degree to which the inhabitants are refined, it deflates the occurrences of diseases, attracts tourists, and decreases the level of pollution. The current status of cleanliness in India is horrible and some areas require urgent attention – public toilets, clean drinking water facility, proper disposal and recycling of garbage. The responsibility lies on the should...

6 emerging commercial hotspots of north India?

Commercial activity in South India is well established with Bangalore, Hyderabad, Chennai and Mysore as commercial centres of the Dakshin Nadu of India, but a recent push for competitive federalism amongst states and an in roads of an era of developmental politics has created umpteen number of commercial hotspots in North India too. MythBuster Aojasvi National Capital Region (NCR) – With the single largest commercial hot spot of north India containing Delhi, Noida, Gurgaon, Faridabad, Mujesar, Manesar etc. this region contributes 128.9 billion $ annually to India’s GDP which constitutes around 7.5% to it. With setting up of biggies in the business such as Viridian RED, Supertech, DLF, Honda, Maruti etc., this region has a population of 46 million and supports over 1.6 million working...

‘Building’ the future: Best Architecture Colleges of India

B.Kaur With the robust rise in the urban population of cities within a short span and an expected double-fold rise, the planning and urban design of the city has acquired supreme importance and concern by the architects and city planners alike. Based on this expected growth in population and a number of influences in the form of politics, industrial bodies, social constraints and other commercial factors, a city’s skyline and urban design is brought to life through exorbitant planning by a group of talented and visionary architects and landscape planners who shape the future of cities and communities across the globe. Offering a unique blend of Design, Culture, Science and Technology, courses in Architecture are the source to providing people with the apt skills and knowledge which is spec...

Integrated Business Parks: Future of Commercial Realty

“Integrated Business Parks are amalgamation of small business units together with retail and world class hospitality facilities. The various commercial projects by Hines Group worldwide like CityCenterDC in Washington DC, 609 Main in Texas are the best example of Integrated Business Parks. World Trade Center has also established its name in this category and has created its own members family and supports them to expand their operations globally” Kriti Singh Commercial realty in India has defied the much cried ‘slowdown’ and has started showing momentum. Thanks to some of the supportive policy reforms by the union government, investors from across the world have intended to invest in India. Many multinational companies are already present here and are planning to expand their b...

Realty sector gets its first ever people’s choice award

In an exclusive first of its kind real estate awards, ICCPL, one of the leading PR companies of India launched, ‘India International Property Awards’-2015. In the esteemed presence of Mr. Sudhanshu Mittal, who is a prominent face in Bhartiya Janta Paty (BJP), the award night took place. The Red Carpet cum Paparazzi event was organized at The Lalit Hotel, New Delhi amongst the presence of stalwarts of Indian Real Estate who on the day, were not looking less than celebrities. In every sector or industry, it is the people who play key role in brand building of the organisations. Every individual needs a roof over their head and voting for their satisfaction derived from this roof was something which was still untapped in the realty sector. India International Property Awards (IIPA) brought th...

Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.