When the scion of one of the world's most iconic real estate brands comes to India to help market yet another luxury homes project – this time in the Millennium City of Gurugram – the market sits up and takes notice
Home automation is no longer the stuff of science fiction; it has become real with the concept of smart home. Equipped with latest features and technologies, a smart home is being touted as the biggest innovation in the real estate sector today, and they are more in demand.
After the air quality in Gurugram reached a critical level for the first time this season, the district administration has reportedly issued directives for enforcing steps under the Graded Response Action Plan (GRAP).
The Real Estate Regulation and Development Act (RERA), 2016, was introduced to protect the interests of homebuyers and to boost investments in the realty sector. Although the Act came into effect from May 1, 2017, more than a year later, it remains a non-starter in many states across India.
Shapoorji Pallonji has announced its entry into the Delhi-NCR market. The business conglomerate is expected to develop a housing project in the Delhi-NCR region with an estimated investment of Rs 12 billion.