Trehan Group launches housing project in Bhiwadi

The Industry Responds!

For the fourth time in a row, to combat inflation, RBI's monetary policy panel hiked the repo rate and interest rates by 35 basis points to 6.25 per cent. This sudden spike might have an unplanned effect on several business segments, even though these measures are essential to tackle inflation. Here are some candid reactions from the real estate industry on the recent hike...

“The rate hikes by RBI won't have a significant impact on the home buying sentiment. However, the central bank has been on a rate-hiking journey in order to tame the rising inflationary pressures. Understa..

Trehan group launches plotted housing project at Bhiwadi

At Bhiwadi in Rajasthan, real estate company Trehan Group has begun construction on the 150-lot Trehan Vivanta housing development project.

In this project, which spans roughly 14 acres, the firm will develop an internal road, club, swimming pool, joggers park, and other amenities.

Price brackets for the plots range from Rs 35 lakh to Rs 75 lakh. The sizes of the plots range from 130 square yards to 309 square yards.

The first round of plots have been sold to local contractors who will build apartments on them and then resell them to consumers. Prices for apart..

Cost of construction rose by 10-12% over last year: Report

According to a report, developers’ average cost of construction has increased by 10-12% due to high input costs and supply constraints over the last one year.

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..

Migsun Group Plans Rs 5 Bn Investment in Greater Noida Projects

Migsun Group, a prominent real estate developer, has unveiled plans to invest Rs 500 crore in four new projects located in Greater Noida. This initiative is part of the company's strategic efforts to enhance its presence and contribute to the burgeoning real estate sector in the region.

The investment will be directed towards the development of residential and commercial properties, aimed at meeting the increasing demand for quality real estate in Greater Noida. These projects are expected to not only expand Migsun Group's portfolio but also generate employment opportunities and stimul..