The Real(ty) Snips: Thursday Rewind
The Real(ty) Snips: Thursday Rewind. Your inside track to the latest Delhi NCR real estate landscape from KnowbleR.
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DLF to Expand into Mumbai and Goa, Boost Housing and Commercial Portfolio
Real estate giant DLF plans to expand its operations into Mumbai and Goa, while also growing its housing and commercial property business across India. Chairman Rajiv Singh announced the company's strategy to diversify geographically and strengthen its presence in key markets. This move signals DLF's ambitious growth plans and confidence in India's real estate sector, particularly in high-potential urban and tourist destinations.
YEIDA Aims to Raise ?7,635 Crore Through Land Sales This Fiscal
The Yamuna Expressway Industrial Development Authority (YEIDA) plans to raise ?7,635 crore by selling land parcels in the current fiscal year. This ambitious target includes the sale of residential, industrial, and commercial plots along the Yamuna Expressway. The initiative aims to boost development and attract investments in the region, supporting ongoing infrastructure projects including the Noida International Airport.
SC Warns Against Coercive Action on NCR Homebuyers
The Supreme Court has issued a warning against coercive actions on homebuyers in the National Capital Region (NCR). This directive comes in response to concerns over developers pressuring buyers to take possession of incomplete flats. The court emphasized protecting homebuyers' rights, particularly in cases where promised amenities are lacking. This ruling highlights ongoing issues in the NCR real estate sector and the judiciary's role in safeguarding consumer interests.
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AlphaCorp to Invest ?350 Crore in Luxury Housing Project in Gurugram
Real estate developer AlphaCorp plans to invest ?350 crore in a luxury housing project in Gurugram. The development, named 'The Presidio', will feature 168 high-end apartments spread across 3.6 acres in Sector 79. This investment reflects the growing demand for premium residential properties in Gurugram and further solidifies the city's position as a key market for luxury real estate in the National Capital Region.
Home Loan Market to Double in 5 Years: Nomura Predicts Robust Growth
Nomura forecasts that India's home loan market will more than double in the next five years, driven by rising incomes, urbanization, and favorable demographics. The report predicts strong growth in both affordable and premium housing segments. This expansion is expected to benefit banks and housing finance companies, with the market projected to reach ?48 lakh crore by FY28.
This is a concise extract from KnowbleR's authoritative real estate intelligence newsletter. As an impartial property consulting firm, we pride ourselves on delivering unbiased, data-driven insights to our esteemed clients.
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