APN News

  • Tuesday, June, 2021| Today's Market | Current Time: 09:14:41
  • MMR Unsold Housing Stock Falls 8% Y-o-Y Despite New Launches

    Mumbai: Even as the region’s COVID-19 case count continued piling up, MMR emerged as one of the most buoyant residential markets in Q1 2021. It saw the highest yearly decline (8%) in total unsold housing stock by the ed of this quarter – from 2,13,180 units as on Q1 2020-end to 1,97,040 units as on […]

    Second Homes concept gaining ground in New Normal

    You have compelling reasons to buy an apartment in the woods, a beach house, or another retreat if you’ve been dreaming of doing so. Since coronavirus cases aren’t going anywhere, being able to get away from busy places is appealing. Many people plan to work from home for the near future, and some are allowed […]

    Godrej Properties enters Central Noida with Godrej Woods

    New Delhi: Godrej Properties Limited (GPL) (BSE scrip id: GODREJPROP), one of India’s leading real estate developers, today announced that it has sold over 275 residences worth INR 475 crore within one day at the launch of its project, Godrej Woods, in Noida making this one of the most successful residential launches in NCR.  Situated in […]

    Gaurs Group to complete 10,964 Amrapali units, NBCC awards tender worth 2124 crores

    New Delhi: Gaurs Group, one of the leading real estate developers, has been awarded four tenders from state-run NBCC worth Rs 2,124 crore for stuck Amrapali Projects – Verona Heights, Heartbeat City and Amrapali Centurian Park with a total inventory of 10,964 flats. “Having invested in construction over the years, we are increasing our presence […]

    Airport Road is the latest investment hub

    When it comes to buying or investing in a property, people look for the best of places. Just like highways remain in demand for commercial properties, airport roads also come in the same league. With an attraction of getting a different class of travelers the properties on airport roads offer lucrative returns. The same holds […]

    Tier II-III cities are key drivers for realty growth

    Tier-II and -III cities are hotbeds for growth; as per a recent report by consulting firm Kearney, these cities are opening up opportunities for businesses and industries to expand. For a long time, these cities with abundant resources have been untapped. The country’s major developers flocked only towards the metro cities to establish world-class infrastructure. […]

    Sohna is emerging as top real estate destinations

    Intro: Sohna Road demonstrates promising improvements to many of the key livability index parameters and has emerged as hot real estate investment destination Sohna has risen steadily on the livability index over the last few years; the city and its vicinity show promising progress on many of the key parameters of the livability index that […]

    Elante Group’s New Project Launch Sets Benchmark in Luxury Segment for Gurugram

    Gurugram: Elante Group, Gurugram’s luxury real estate developer, has launched another project, C-104 in South City 2, with extending evaluation of more than 1.5 million USD, as demand for homes in the low rise apartments’ category remains relatively better in a tepid residential market. The date of possession for the units in C-104 starts on March 2022. […]

    Home sales in Delhi/NCR, Chennai rack up in January 2021: PropEquity Study

    New Delhi: In a report released by PropEquity, India’s leading real estate data, research and analytics firm, total absorption or sales of home units in Delhi/NCR and Chennai increased by 42% and 3% respectively in January 2021 from December 2020. While it was 2059 units in December 2020, it increased up to 2930 units in January 2021 […]

    Mumbai 14% higher than Hyderabad & Chennai in average construction cost: JLL

    ·        Hyderabad and Chennai have the lowest average construction costs ·        The cost of construction is highest in Mumbai which is on average 10% higher than other metros, across asset classes ·        5-6% cost increase in greenfield & interior fit-out projects due COVID-19 ·        The higher costs in Mumbai are largely attributable to corresponding higher prices of key construction materials like cement, reinforcement steel, structural steel, stones and like Mumbai: Chennai and Hyderabad are at the lower ends of the cost spectrum against which the cost of Mumbai is 14% higher. Taking into account the other metros like […]