As decks are finally cleared for Kherki Daula (NH8 Gurgaon)toll plaza , with land acquisition, the New Gurgaon real estate will get a connectivity boost in the coming months. GMDA has acquired 30.5 acres of land required for shifting Kherki Duala toll plaza to Pachgaon , further ahead on NH8. This apex development authority of Gurgaon…

The newly started city bus service between Gurgaon and Sohna will improve connectivity and mobility between two cities, in turn driving real estate in Sohna. The Gurugram Metropolitan City Bus Limited (GMCBL) has introduced a new bus service between Gurgaon and Sohna. As per the route, the city buses ply between Huda City Centre and…

After Dwarka Expressway, there will be another feather for Gurugram Realty Market that the Haryana Government has recently proposed two film cities, one in Gurugram and one in Pinjore in recent budget speech by Chief Minister Manohal Lal Khattar. A lot of developers had constructed the projects around the upcoming Dwarka expressway and the announcement…

The central government’s upcoming dedicated portal to facilitate domestic investments will help channelize investments in real estate, leading to the growth of the sector. According to the Commerce Ministry, the digital platform is meant to do hand holding, information dissemination and facilitation of domestic investors. This will support investors throughout their business cycle. The useful…

The emerging new middle class with rising disposable income is boosting real estate investments , in turn, driving real estate growth. According to the latest Harun India Wealth Report 2020, the rising new middle class has an average savings of Rs 20 lakh per annum. This new category of middle class is a class apart…

The GMDA’s  planned  new entry and exit on elevated highway link to Sohna , will  further help improve connectivity and mobility between Sohna and Gurgaon , in turn bolstering realty. GMDA has written to NHAI to make provision for this crucial exit on Sohna- Rajiv Chowk (on NH8), offering to bear the construction cost. This…

The PMO and Highway Minister Nitin Gadkari’s combined and concerted action to expedite construction of Dwarka  eway by August 15, 2022, will put Gurgaon realty on fast track growth. This high level intervention has removed technical hurdles coming in the way of early completion of the crucial eway. According to Gadkari ,It will now be possible…

Haryana government’s announcement to make budget allocation for the mega Global City along  Dwarka Expressway , will turn to be a major booster for real estate in Gurgaon The Global City to be developed on the Smart City concept will be spread over 1000 acre of land spread over Garhi Harsaru, Gadholi Khurd, Mohammedpur Jharsa and Khandsa. The…

The continuous drop in mortgage  rates is driving hme loan growth, leading to strong pick up in home sales post-pandemic . Home loan rates have come to a historic low of sub 7%. More recently, the PSU mortgage leader, SBI has further cut down home loan rates by 10 bps to 6.7% for loans up…

The pandemic induced economic lockdown brought Indian economy to a grinding halt wherein Indian Real Estate was badly affected. However with a series of economic and policy reforms introduced by the central government, India saw in the last quarter of FY 19-20 a positive recovery trend. Moreover, the Centre’s infrastructure push shows a pick-up in…