Credit rating agency Crisil has confirmed what many had suspected for long: that newbie Gurgaon has emerged as the most prosperous city in the country, leaving the country’s financial capital Mumbai way behind. Using ownership of consumer durables as a measure of prosperity, Crisil found Gurgaon has the largest proportion of households with all basic…
Gurgaon, the millennium city is reckoned to be one of the fast developing cosmopolitan regions in India. This city has evolved to become the insignia of rapid urbanization and immense commercial growth over the last decade. Today, Gurgaon is the home to numerous multinational fortune companies with their headquarters based in the business districts which…
Haryana chief minister Bhupinder Singh Hooda said Gurgaon is emerging as one of the most favoured golf destination in India and has attracted about 30,000 golf tourists during last year. Addressing a Golf awards function, Hooda said the golf tourism in the state is increasing by 10 percent annually while adding that Haryana Tourism department…
Looking at the cumulative real estate demand, the NCR will have a requirement of 10.2 lakh housing units (commercial capital Mumbai requires 16.4 lakh), 249 lakh sq ft office space and 6.6 lakh sq ft retail by 2013. In the NCR, Gurgaon leads the pack in the demand in residential, office, retail, and hospitality sectors.…
The real estate market is sluggish in Mumbai, but, looking at the absorption rate, residential property is selling like hotcakes in other cities like Bangalore, Chennai and Gurgaon. Gurgaon:The residential absorption rate in Gurgaon rose 11 per cent in 2011. This is largely due to a high launch activity in the market. Property prices in…
The Times of India (Delhi edition) Lt Col HS Bedi Chairman, MD, Tulip Telecom Innovation breeds Success. This phrase holds more meaning when I see Noida developing and moving ahead as a high tech ultra modern city. Until recently, Mumbai was the financial and corporate capital of India. However, with the growth of infrastructure in…
Rise of smart cities Geetu Vaid The Tribune The swelling population figures of major cities year after year bear testimony to the fact that India’s massive ‘urbanisation march’ is on. As per the World Bank projections, urban centres in the country will be accounting for 40 percent of India’s population by 2030, and the figure…
Rules that Simplify Property Buying for NRIs in India Indian Realty News It makes sense for non-resident Indians (NRIs) and persons of Indian origin (PIOs) to invest in property in India. A NRI is a person who is not resident in India. According to the Foreign Exchange Management Act (FEMA), ‘person resident in India’ includes…
Ireo has launched plots in Sector 98 Mohali. Features include: Community Club at the premises Convenient shopping nearby – proposed development and construction of shops and retail in the vicinity Two landscaped plazas with active zone for children & elderly All inner road network, pavements, sidewalks, trails, light fixture and street furniture designed as per…
SEVEN NEW CITIES PLANNED ALONG WEST CORRIDOR Sandeep Bamzai, New Delhi Mail Today Special economic zones (SEZ) found no takers as political opposition sank then commerce and industry minister Kamal Nath’s big-ticket plan. Now SEZs, a dirty acronym in India’s political lexicon, is being repackaged and represented. Urban renewal of a different kind by growing…
IREO: India's leading real estate developer 