Bhumika Group to Develop 3 Lakh Sq. Ft. Retail Space with Government
Bhumika Group steps into NCR real estate with project in Faridabad
Tier-2 realty developers receiving funds post-pandemic
Realtors told the media that developers in Tier-2 cities have started getting institutional funding after the Covid-19 pandemic hit housing and commercial space in smaller cities.
Developers, including Sushma Group, Bhumika, and Omaxe, which primarily have operations in Tier-2 cities, have recently received funding and will raise more funds for the next development phase. Director and CEO of Motilal Oswal Real Estate (MORE), Sharad Mittal, said that with the increase in internet penetration, adoption of technology and the Covid-19 pandemic, Tier-2 cities are gradually increas..DLF Launches Luxury Project in Gurugram
DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.
The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the stron..