NCR Real Estate: New Launches, Sales and Unsold Inventory Data Findings
On a yearly basis, residential sales in NCR increased by 124% and stood at nearly 18,835 units in Q1 2022, the second highest after MMR. New housing supply in Delhi-NCR went up by 38% on Y-0-Y basis – from 6,750 units in Q1 2021 to nearly 9,300 units as on Q1 2022. Individually, Gurugram saw […]
Continuation of Current Repo Rate Regime to Keep Buyer Interest Intact, Support Real Estate: Developers
In a bid to sustain economic growth and mitigate inflation risks, the RBI in its first MPC meet for FY 2022-23 on Friday maintained status quo on key policy rates and decided to continue with its accommodative policy stance, which was widely welcomed by industry experts and real estate developers. Welcoming the RBI move, Anshuman […]
SS Group to Invest Rs 1,950 Crore in Developing 4.15 Million sq ft in Gurgaon
Gurgaon-based real estate developer SS Group plans to develop 4.15 million sq ft of low-rise floors, residential societies and commercial space with an investment of Rs 1,950 crore in 2022-23, MD & CEO Ashok Jaunapuria has told ET. The company, which has delivered 17 million sq ft across 23 projects in Gurgaon so far, expects […]