Elan Group has awarded construction contract for Elan Paradise to BL Kashyap and Sons Ltd. The contract worth Rs 62.15 crore has been given for the construction of the project Elan Paradise, a luxury retail project spanning over 3.35 acres. Located at Sector 50, Gurgaon, the project Elan Paradise comprises high-end retail, food court, multiplex and…
Real estate firm Spenta Corporation has announced the launch of a new tower ‘Amber’ at its project ‘Ornata’ located in Chembur, Mumbai. The new tower will be developed jointly with Sabri Group. The 26 storied tower Amber will have 8 units on each floor under the project Ornata that offers 1-2BHK fully furnished residencies in…
Wave Estate is all set to launch 150 premium residential plots in Mohali in Sector 85. Under the aegis of Wave Group the company’s new offerings are the part of 246 acres of the gated project comprising 1744 units encompassing residential and commercial plots. The sizes of the plots range from 125 sq yd to…
According to a recently released report by PropEquity the total absorption or sales of housing units accross ‘Top 7 cities in the country witnessed a surge of 17% resulting in the sale of houses from 165308 units in Jan- Aug 2020 to 199243 units in Jan- Aug 2021. However new home launches fell by 2%…
Here’s a good news for all the stakeholders of Indian Real estate sector that has been reeling under pressure from quite a long time. Showing clear signs of recovery, over 62,800 housing units have been sold out in Q3 2021 against 29,520 units in the same period last year in across the top 7 cities,…
A virtual media roundtable was organised featuring expert discussions and presentations on current situation in Indian real estate sector amid the health crisis.
Maharashtra chapter of Naredco has announced the launch of Naredco Neral-Karjat unit in the state. Aimed at creation of affordable housing stock of over 40000 homes by 100+ members associated with Naredco Neral-Karjat unit, the move is expected to offer an opportunity to the homebuyers to buy RERA registered affordable properties in Neral -Karjat region located…
Real estate sector is gradually emerging out of the clutches of the long prevailing slowdown and the fact has come to the fore through the recent FSR report by the RBI. The FSR report highlights that the residential real estate sector has recovered since the unsold inventory level has come down to a two-year low….
Real estate developer Wave Group has launched ‘Veridia’, a luxury real estate project at its Wave City township in Ghaziabad. Spread over 24.47 acres, the project encompasses Stilt+6 floors of 4bhk and 5bhk skyvillas. Equipped with high-end amenities including home automation the project fulfills green building requirements, besides being based on modern contemporary architectural trends….
Real estate industry leaders gathered on a common platform and brainstormed over the current state of the sector entitled “Reality of Realty investments”, organised by the National Real Estate Development Council (NAREDCO) on a virtual platform. The industry stakeholders attended the webinar with great enthusiasm and exuded optimism that the real estate sector will fully…
