Gurugram Realty Projects Worth Rs 880 Bn in 2024

29 Jan 2025 CW Team

Since HRERA's establishment in 2017, projects worth Rs 3 trillion have been registered, with a total of 877 projects recorded by 2024. HRERA's strict enforcement of rules and improved transparency have contributed to an environment conducive to real estate growth, ensuring that buyers are protected and the market remains equitable.

The market has seen a dominance of luxury projects, with 34 such projects in 2024 alone surpassing Rs 10 billion in investments. The rise in investments is attributed to the launch of high-value luxury projects in key micro-markets like Golf Course Road, Golf Course Extension Road, Southern Peripheral Road (SPR), and Dwarka Expressway.

The increase in interest from ultra-high-net-worth individuals (UHNIs) and non-resident Indians (NRIs) has been driven by favourable currency exchange rates and simplified investment processes. The growth in the realty market is also supported by Gurugram’s strategic location in the National Capital Region (NCR) and its advanced infrastructure.

In 2024, at least 34 projects in Gurugram saw investments exceeding Rs 10 billion each. Developers such as M3M have credited the district's growth to its appeal to investors, homebuyers, and businesses alike.

From 2017 to 2024, real estate investments in the city have shown a consistent upward trend: Rs 452.26 billion in 2023, Rs 354.80 billion in 2022, Rs 167.75 billion in 2021, Rs 83.27 billion in 2020, Rs 198.79 billion in 2019, Rs 141.05 billion in 2018, and Rs 640.42 billion in 2017.

Developers have emphasised the need for rapid infrastructure development to complement private housing, calling for the acceleration of projects like roads, metro connectivity, and the Regional Rapid Transit System (RRTS). The quality of private infrastructure needs to align with public amenities to ensure sustained growth in Gurugram.

News source: Hindustan Times

The real estate sector in Gurugram experienced significant growth in 2024, with total investments amounting to Rs 881.44 billion across 124 projects registered with HRERA Gurugram. This marked a substantial increase from Rs 452.26 billion in 2023, nearly doubling the previous year's investments. Since HRERA's establishment in 2017, projects worth Rs 3 trillion have been registered, with a total of 877 projects recorded by 2024. HRERA's strict enforcement of rules and improved transparency have contributed to an environment conducive to real estate growth, ensuring that buyers are protected and the market remains equitable. The market has seen a dominance of luxury projects, with 34 such projects in 2024 alone surpassing Rs 10 billion in investments. The rise in investments is attributed to the launch of high-value luxury projects in key micro-markets like Golf Course Road, Golf Course Extension Road, Southern Peripheral Road (SPR), and Dwarka Expressway. The increase in interest from ultra-high-net-worth individuals (UHNIs) and non-resident Indians (NRIs) has been driven by favourable currency exchange rates and simplified investment processes. The growth in the realty market is also supported by Gurugram’s strategic location in the National Capital Region (NCR) and its advanced infrastructure. In 2024, at least 34 projects in Gurugram saw investments exceeding Rs 10 billion each. Developers such as M3M have credited the district's growth to its appeal to investors, homebuyers, and businesses alike. From 2017 to 2024, real estate investments in the city have shown a consistent upward trend: Rs 452.26 billion in 2023, Rs 354.80 billion in 2022, Rs 167.75 billion in 2021, Rs 83.27 billion in 2020, Rs 198.79 billion in 2019, Rs 141.05 billion in 2018, and Rs 640.42 billion in 2017. Developers have emphasised the need for rapid infrastructure development to complement private housing, calling for the acceleration of projects like roads, metro connectivity, and the Regional Rapid Transit System (RRTS). The quality of private infrastructure needs to align with public amenities to ensure sustained growth in Gurugram. News source: Hindustan Times

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

Real Estate

04 Aug 2026

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Infrastructure Energy

04 Aug 2026

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..