Rs.50 Mn Budget No Guarantee for Luxury Housing in NCR

17 May 2024 CW Team

Despite a budget of ?50 million , luxury housing in the National Capital Region (NCR) may not be easily attainable as prices continue to soar to new highs. The real estate market in the NCR region is witnessing unprecedented price escalations, making luxury accommodations increasingly out of reach for many prospective buyers.

The surge in prices is attributed to various factors, including increasing land costs, construction expenses, and high demand for premium properties in prime locations. Developers are capitalising on the growing demand for luxury housing, leading to a significant uptick in prices.

Even with a substantial budget, buyers are finding it challenging to secure their desired luxury homes within the NCR. The discrepancy between budget and affordability reflects the widening gap in the real estate market, posing a dilemma for affluent buyers seeking upscale living spaces.

The escalating prices highlight the need for a reassessment of budget allocation and property investment strategies in the NCR. Prospective buyers may need to explore alternative options or adjust their expectations to align with prevailing market conditions.

The current scenario underscores the importance of thorough research and strategic planning when venturing into the luxury housing segment in the NCR. While a ?5 crore budget may seem substantial, it may not guarantee access to the desired level of luxury amidst the soaring prices in the region.

As the real estate landscape evolves, buyers and investors must stay informed and adaptable to navigate the dynamic market dynamics effectively.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..