Ahmedabad, 25th August 2024 – Renaissance Ahmedabad Hotel and Fairfield by Marriott Ahmedabad are pleased to announce the appointment of Amit Kumar as the Cluster General Manager to lead both hotels in the Heritage City. With over 20 years of diverse experience in the hospitality industry across India and the United Kingdom, Amit brings extensive knowledge and expertise to his new role, where he will oversee the operations of both Renaissance Ahmedabad Hotel and Fairfield by Marriott Ahmedabad. His dynamic approach to leadership and passion for delivering exceptional guest experiences will undoubtedly contribute to the continued success of the two brands.

Amit began his illustrious career with Hyatt Hotels International, where he honed his pre-opening skills in hotel management. He later joined Marriott International as a part of the pre-opening team at JW Marriott Mumbai Juhu. Throughout his career, Amit has demonstrated a strong ability to lead teams, drive revenue growth, and enhance guest satisfaction. One of his significant achievements include his role as the General Manager at Courtyard by Marriott Raipur. In 2016, during the hotel’s first year of operations, Amit successfully launched and established the city’s first Marriott hotel as the primary choice for business, leisure, and social travel solutions in the region. His leadership in this role set a strong foundation for the hotel’s future success.

His most recent position as General Manager at Courtyard by Marriott Pune Chakan was marked by exceptional accomplishments, including significant improvements in market share, revenue, guest engagement, and profit margins. With his able guidance, the hotel received several prestigious awards, such as the Marriott Select Brands Diamond Circle Award in 2023 and 2022, the Marriott Select Brands Platinum Circle Award in 2019, the Hotel of the Year Award in 2019, and the JW Marriott Jr. Diversity and Inclusion Award of Excellence in 2019.

Amit’s passion for travel, reading, and exploring new cuisines aligns with the vibrant and diverse offerings at Renaissance and Fairfield by Marriott. This appointment heralds a new chapter with confidence that his leadership will elevate the guest experience and further solidify both properties as leading hotels in Ahmedabad.

Gurugram, India, 26th August 2024: Positive homebuyer sentiment and steady demand have kept the momentum strong in residential market across major Indian cities. Average housing prices across the top eight Indian cities witnessed a 3% QoQ growth in Q2 2024. Interestingly, quarterly price movements at India level have been almost similar at about 3% for the last four quarters. This stability in price growth is reflective of steady underlying demand over the last few quarters. On an annual basis too, average housing prices at the end of Q2 2024 have showed a 12% growth across the eight major cities. Interestingly, 7 out of 8 cities under review witnessed annual price appreciation, with Delhi NCR witnessing the highest price rise at 30% YoY closely followed by Bengaluru.

While unsold inventory remained stable on an annual basis at a pan India level, it dropped marginally on a quarterly basis amid healthy sales in housing units. At 5%, Kolkata saw the highest sequential decline in unsold inventory levels followed by Pune with 3% dip. As of Q2 2024, there was an availability of over 10 lakh housing units across the primary market of eight major cities, with MMR alone having about 40% share in unsold inventory levels. Despite yearly increase in number of unsold units in Hyderabad and Bengaluru, both cities saw a modest dip on a sequential basis. As the festive season approaches, developers are likely to closely monitor new launches and overall housing stock in prominent residential catchment areas.

Mr. Boman Irani, President of CREDAI National stated, “Indian Real Estate has been somewhat experiencing a bull run in the past few quarters, substantiated by the volume of transactions across Top 8 cities as well as the prevalent positive sentiments towards housing. There has been a direct impact on housing prices – signifying not just the underlying demand but the definitive shift towards real estate as a preferred asset class. With the upcoming festive season – coupled with the Government’s focus on infrastructure and a relatively stable lending eco-system – we project this momentum to be further have an impact on both prices and unsold inventory levels, as the industry’s demand-supply dynamics change.”

“Housing demand has continued to remain healthy over the past few quarters. Concurrently, stable interest rates and recent positive budgetary announcements, have provided tailwinds for the housing market of the country. Notably, average housing prices have witnessed a consistent double-digit annual growth rate (12% in Q2 2024,) adding buoyancy to the sustained growth story in residential real estate. Additionally, the upcoming festive season will further invigorate the housing market with heightened sales and new launches. We thus envisage a strong finish for the housing market in 2024.”, added, Badal Yagnik, Chief Executive Officer, Colliers, India

 

Pan India residential price trends (Q2 2024) (in INR/sq ft) –

City	Average Price Q2 2023	Average Price Q1 2024	Average Price Q2 2024	QoQ Price change (Q2 2024 vs Q1 2024)	YoY Price change (Q2 2024 vs Q2 2023)
Ahmedabad	6,507	7,176	7,335	2%	13%
Bengaluru	8,688	10,377	11,161	8%	28%
Chennai	7,653	7,710	7,690	0%	0%
Delhi NCR*	8,652	9,757	11,279	16%	30%
Hyderabad	10,530	11,323	11,290	0%	7%
Kolkata	7,315	7,727	7,745	0%	6%
MMR*	19,111	20,361	20,275	0%	6%
Pune	8,540	9,448	9,656	2%	13%

Source: Liases Foras, Colliers

All the prices are based on carpet area

*NCR- National Capital Region

**MMR- Mumbai Metropolitan Region

 “Sales across India’s cities have maintained growth despite the price rise. The current quarter also showed a remarkable 33% increase in new launches in the affordable segment. NCR’s growth in sales and new launches augurs that the market will stay on a growth trajectory.”, said Pankaj Kapoor, Managing Director, Liases Foras.

 Leading the top eight cities, Delhi NCR saw a 16% QoQ rise in housing prices

At 16%, average housing prices in Delhi NCR witnessed the highest quarterly price appreciation. Within Delhi NCR, Dwarka Expressway and Greater Noida witnessed impressive price appreciation at 35% and 24% QoQ in average housing prices respectively. This is the highest quarterly price rise for these micro markets in last few quarters and is led by the recent pick up in luxury segment launches. Furthermore, preference for spacious housing units in luxury & ultra-luxury segments led up-to 12% QoQ growth in average price of 3-4BHK configurations in Delhi NCR.

Bengaluru too witnessed significant price appreciation, with average housing prices in the city breaching the INR 11,000 mark in Q2 2024. Average residential prices in the city increased by 8% on a quarterly basis. Within Bengaluru, Inner East micro market saw the highest quarterly rise at 25% followed by Periphery & Outer East micro market at 10%. Additionally, led by heightened demand in luxury segment, Inner East and Periphery & Outer West micro markets, have witnessed significant surge in average housing prices for ready units.

Unsold inventory declined on a quarterly basis in 7 out of the 8 cities

Excluding MMR, unsold inventory levels have declined by up to 5% on a quarterly basis across all cities under review. While MMR witnessed healthy sales in residential units during Q2 2024, a significant surge in new launches led to a marginal rise in unsold units. On an annual basis with a 13% YoY drop, Pune particularly witnessed the highest annual decline in unsold units. Annual declines in unsold inventory levels have been significant in Ahmedabad, Chennai and Kolkata too with 6-8% drop.

“Within the residential market, demand growth has been the strongest in luxury & ultra-luxury segments including second & vacation homes which is evident with price growth in select micro-markets of Delhi NCR and Bengaluru. Average housing prices for spacious dwelling units, particularly 3-4BHK configurations in these cities have increased up-to 30% on an annual basis. Additionally, the government’s recent partial rollback pertaining to long term capital gains arising out of sale of land and buildings retrospectively is expected to boost investors and homeowners’ sentiment and thus, the real estate sector at large,” said Vimal Nadar, Senior Director and Head of Research, Colliers India. 

Gurugram, August 26th, 2024: Signature Global, India’s leading real estate brand announced an exclusive Janmashtami offer on its premium independent floor project ‘Signature Global City 63A’ located at the prominent Golf Course Extension Road, Sector 63A, Gurugram. This offer presents a unique opportunity for homebuyers to secure their dream home with significant savings and special benefits.

Under this limited-time offer, customers can book a unit with a nominal amount of just ₹1 lakh and avail of benefits worth ₹5 lakh. In addition, every booking will come with assured gold coins worth ₹2.5 lakh, adding a divine touch to this festive season. This exclusive offer is available only until August 30, 2024.

Mr. Devender Aggarwal, Co-founder & Joint Managing Director, Signature Global (India) Ltd. says” At Signature Global, our primary focus is on enriching the lives of our customers by providing value-driven offerings that go beyond just real estate. This Janmashtami, we are delighted to present an offer that not only makes luxury living more accessible but also adds significant financial benefits for our buyers. Our premium independent floors at Golf Course Extension, Gurugram, are designed to offer the perfect blend of modern amenities and serene living. We understand that purchasing a home is a significant decision, and with this special offer, we aim to make it a rewarding experience for our customers. We encourage homebuyers to seize this limited-time opportunity to secure their dream home in one of Gurugram’s most prestigious locations and enjoy the festive season with added joy and benefits.”

The premium independent floors at ‘Signature Global City 63A’ located at Golf Course Extension Road, Sector 63A, are designed to provide luxury living with modern amenities, ensuring a high standard of comfort and style. This prime location offers excellent connectivity and proximity to essential services, making it an ideal choice for discerning homebuyers.

Police to make elaborate arrangements to ensure the smooth conduct of the event

Hyderabad, August 23, 2024: A Technical Briefing was done to Elite runners both International and Indian runners who will be participating in the 13th Edition of NMDC Hyderabad Marathon Powered by IDFC First Bank at Hotel Park Hyatt on Friday evening.

The briefing was done by Mr Norrie Williamson, World Athletics Technical Delegate; Mr Hanif Iqbal, Indian Athletics Technical Delegate; Mr Ulf Anders Saletti, World Athletics Certified Delegate, Mr. Hari Prasad, ACP, Punjagutta; Mr Rajesh Vetcha, Race Director, Mr Avinash Palavancha, Assistant Race Director of NMDC Hyderabad Marathon 2024

A total of 52 elite runners are participating in the Marathon.

They were briefed about World Athletics rules, doping control, route details, aid station facilities, competition bibs, shoes, competition rules and other race-relevant details

Competition shoes must be in accordance with the Worth Athletics rule 5. Spot checks could be made and wearing unauthorized shoes will result in disqualification, they were told.

Doping tests will be conducted among the top finishers in the male and female divisions. The athletes will be chosen at random by the World Athletics Technical delegates, it was informed.

The Marathon will have 9 elite-specific aid stations. Apart from these 9 stations, there will be 12 water and sports drink-only aid stations. It is forbidden to receive drinks on any other part of the course, the elites were told.

16 Ambulances and Bike ambulances will be put into service.

Mr Hari Prasad, ACP Punjagutta, representing the Police Commissioner and additional commissioner of Hyderabad Traffic said elaborate arrangements will be made to ensure that the event goes smoothly with the least inconvenience to commuters.

The event is being organised for the public good. The event’s mission is to promote active lifestyles amongst the public and make running the preferred form of fitness activity. Hence, the police extend their fullest cooperation. He urged people to come out in large numbers, cheer and encourage participants. He said the Police will also issue a public advisory on the traffic restrictions.

NMDC Hyderabad Marathon powered by IDFC First Bank is a certified “World Athletic Label race” for 2024 and is organized in accordance with the World Athletics competition rules and technical rules informed Rajesh Vetcha, Race Director.

The main event is on 25th August 2024. Full Marathon will be flagged off at 4:30 a.m., Half Marathon and 5:30 a.m. (from People Plaza, Necklace Road) and 10K Run at 7.00 a.m. from Hitex, Madhapur.

Royale Estate Group and Mohali Industries Association enter into a landmark affiliation as a new initiative to welcome industry on board. This amazing development is bound to give a big boost toward making MIEZ the best and the biggest Industrial Township in the region.

On this special occasion, Royale Estate Group announced an exclusive offer on industrial plots at the Mohali Industrial Economic Zone (MIEZ) for members of the Mohali Industries Association (MIA), during an interactive session held at The Mohali Club on August 21, 2024. The event witnessed the esteemed presence of key stakeholders, industry leaders, and approximately 300 industrialist members of the MIA.

The event highlighted the benefits of the new offer which includes a comprehensive support system for every industrialist and plot owner, ensuring a hassle-free experience. From layout approvals to construction processes, the offer provides assistance at every step, along with access to government subsidies through a Single Window Support system. This initiative underscores Royale Estate Group’s commitment to fostering industrial growth in Mohali by providing top-tier industrial infrastructure at competitive rates.

MIEZ is a unique industrial initiative by Royale Estate Group which will prove to be a game-changer in terms of industrial revolution in the Tri-city and across the states of Punjab, Haryana, Himachal and J & K. Spread over 150 acres with a vision to eventually take it to 500 acres over the next 3 years, MIEZ’s proximity to an International Airport, biggest Railway Junction of the region and close to the Dry Port of Shambhu barrier, augmented by great advantage of connectivity to all the 4 states, makes it the best Industrial Township ever in Tri-City. With unparalleled facilities and amenities like Convention Centre, centralized Reception lobby, Meeting Rooms, Conference Hall, Food Court, Fully Equipped Laboratory, Skill Development Centre, Housing for Migrant Labours, a Labour Contract centre, Staff Canteens and so on, this industrial township is surely going to an industrial destination to reckon with.

Mohali Industries Association (MIA) has immensely contributed towards growth & development of the industrial township through valuable affiliations and collaborations. MIEZ enjoys all benefits given by the Govt of Punjab under the “Invest Punjab” initiative and by the Govt of India under the MSME “Make in India” initiative.

Sh. Neeraj Kansal, Managing Director, Royale Estate Group, expressed and shared his vision for MIEZ, “We are excited to launch this exclusive offer for our esteemed MIA members. Mohali Industries Association has played a very significant role in bringing MIEZ to its current shape and status. Our goal is to create an environment at MIEZ where industries can grow and prosper, backed by our unwavering commitment to quality and service. Through this offer, we aim to initiate a significant step towards enhancing industrial growth in Mohali. It allows our members to invest in prime industrial plots with added benefits, reinforcing our vision of a strong industrial hub in the region.”

Mr. Ashish Mittal, Director, MIEZ, said, “At MIEZ, more than 60 reputed industries are already on board and are in the process of setting up their respective industries ranging from pharmaceuticals, packaging, food processing, agro and agriculture, engineering, tractors and autoparts, metal and bath fittings, machines, furniture, marbles and granites and so on. A few names from these industries are Comments Industry, Zenus Metal Manufacturers, Gopal Sweets, VK Engineering Works, Making Ways Auto Industries, Boparai Auto Industry, Woodcraft, Ethnic Biotech, Forgo Pharmaceutical Pvt Ltd, Swastik Lifesciences Pharmaceuticals, Raj Steel Furniture, Woodcraft and many more.”

Further, Col. Inderjeet Suri, President, Royale Estate Group, gave a detailed presentation on MIEZ and enlightened the attendees about the journey of Royale Estate Group. He highlighted how, in the new industrial revolution of Tri-City, the group had developed the MIEZ Industrial township through its innovative approach and vision. “The group envisions providing employment to around 50,000 skilled and unskilled people across the region at MIEZ, besides boosting the economy of the state of Punjab”, he added.

The interactive session also served as a platform for attendees to engage with industry experts, discuss the future of Mohali’s industrial landscape, and explore the potential of MIEZ as a prime investment destination. The event concluded with a networking dinner, providing an opportunity for participants to share vision and discuss future prospects of MIEZ and the advantages of the new offer.

Investors now have the chance to seize lucrative opportunities with the launch of society shops at India Rashtra, Sector 88A, and Vanya City, Sector 99A, Gurgaon. These projects, sanctioned under the New Integrated Licensing Policy 2022 and Deen Dayal Jan Awas Yojana, offer prime commercial real estate in one of the most sought-after locations in the National Capital Region (NCR).

An evening event was organized to announce and inaugurate the sales gallery at Sector 88A, Dwarka Expressway, with the occasion graced by the presence of renowned Bollywood actress Shamita Shetty.

Strategically located on the Dwarka Expressway, India Rashtra and Vanya City feature lockable society shops that present unique investment opportunities. With a nominal registration fee, the projects offer two flexible payment plans: the Construction Linked Payment Plan and the Down Payment Plan.

Under the Construction Linked Payment Plan requires a 9% booking amount within 7 days of allocation, 21% of TBC within 45 days from the date of allotment and on the BBA registration, staggered payments of 10% on the completion of each floor slab from the basement to the 4th floor, and the final 20% upon possession. Meanwhile, Down Payment Plan, investors are required to pay 9% of the booking amount within 7 days of allocation. Following this, 21% of the total basic cost (TBC) must be paid within 45 days from the date of allotment and on the BBA registration, 60% within 90 days from the date of allotment, and the remaining 10% upon the offer of possession.

India Rashtra in Sector 88A, Gurugram, offers prime lockable shops directly on the Dwarka Expressway, with shop sizes ranging from 312.328 to 384.537 sq. ft., available from the ground to the third floor.  The registration deadline is September 5th, 2024, and the draw of lots for unit allocation is scheduled for September 7th, 2024.

The minimum investment starts from Rs. 32.46 lacs onwards.

Similarly, Vanya City in Sector 99A, Gurugram, provides a variety of lockable shops ranging from 399.95 to 1381.36 sq. ft., ensuring an exclusive shopping experience. Registration for Vanya City society shops is open at www.ddjayshops.com with a fee of Rs. 31,000/-. The registration deadline is September 5th, 2024, with the allocation draw scheduled for September 7th, 2024. With only 70 shops available at India Rashtra and 30 at Vanya City, these projects offer a limited but highly advantageous investment opportunity. The minimum investment starts from Rs. 46 lacs onwards.

Mihir Jha, Sales Head, expressed, “This is a once-in-a-lifetime opportunity for investors to secure strategically located shops right on Dwarka Expressway. Once the registration is successful in the draw of lots, investors will be able to obtain the allotment after payment of the initial booking amount. Both locations are strategically positioned to offer excellent connectivity and location advantages.”

The township, spanning 20 acres, is close to major landmarks, including the upcoming Global City, which covers over 1,000 acres and is surrounded by multiple luxury residential projects. The future metro station is just 5 minutes away, while the Global Smart City and IGI Airport are 5 and 20 minutes away, respectively. Additionally, NH 8 is just 5 minutes away, Hero Honda Chowk is 12 minutes away, and Yashobhoomi Dwarka Sector 25 is reachable within 15 minutes, making these locations highly desirable for investment.

The recent joint report of CBRE and Zyoin highlighted how GCCs have significantly amplified their Indian operations over the recent decades, fueled by a skilled workforce, cost efficiency, and a conducive business climate. These growth factors have resulted in leading global companies to lease nearly 53 million square feet of office space since 2022 across Bengaluru, Hyderabad, Chennai, Pune, Delhi-NCR, and Mumbai to set up GCCs.

CBRE’s 2024 India Office Occupier survey also revealed that approximately 67% of GCCs intend to increase their office portfolios by at least 10% within the next two years. Thus, this upsurge in demand for office spaces from GCCs underscores a continued growth trajectory for the commercial real estate sector, encouraging developers to plan and curate more office spaces to meet future demands.

Mr. Nisheeth Thukral, Head of Leasing, Ambience Group said, “Global companies leasing office space in India to set up Global Capability Centres (GCCs) will turn out to be the prime drivers for the country’s commercial real estate. Even though Bangalore is at the top, NCR has also witnessed increased traction. There is a widespread demand, particularly for Grade A office spaces. As a key player in this thriving market, Delhi National Capital Region (NCR) offers immense potential, with companies like Ambience Group planning luxury mixed-use commercial developments near the Noida Expressway to capitalise on these opportunities.”

Mr. Sanchit Bhutani, Managing Director, Group 108, said, “The report showcases a positive viewpoint for Delhi-NCR’s commercial space market in India. Notably, the area around the Noida Expressway indicates a higher potential, fueled by the demand for office spaces and retail outlets. Further, significant infrastructure developments like the Noida International Airport have strengthened commercial realty growth. As global businesses expand their presence in the region, the trend encourages developers to create more specialized and premium office spaces, catering to the unique needs of various industries and enhancing the overall vibrancy of India’s commercial real estate landscape.”

Moreover, the availability and cost of quality real estate emerge as one of the prime growth factors for GCCs in India. The report also indicated that the leasing for GCCs accounted for 37% of the total leasing during H1 of 2024.

Harinder Singh Hora, Founder Chairman, Reach Group, said, “The report indicates an optimistic outlook for the Delhi-NCR office space market, particularly for Gurugram. As the region is introduced to noteworthy infrastructure growth, it forecasts an upsurge in rental values and leasing activity by GCCs, leading to growth in Grade A retail and office spaces. This momentum reaffirms our vision to deliver cutting-edge commercial spaces and reshape the real estate landscape.”

Salil Kumar, Director- Marketing and Business Management, CRC Group, said, “The surge in leasing by GCCs signals a strong demand for Grade A Office spaces. This heightened demand will not only drive the rental prices in prime locations in Delhi-NCR but also catalyze new developments, further strengthening the commercial real estate sector. As global companies secure large office spaces for their GCCs in India, we look forward to sustained demand for commercial spaces, encouraging developers to develop and deliver future-ready office spaces.”

Thus, as the market continues to evolve, the commercial spaces in India are set to experience sustained growth, reinforcing the country’s status as a strategic destination for global companies. This dynamic environment encourages developers to create specialized and premium office spaces, enhancing the vibrancy and competitiveness of India’s commercial real estate market.

Gurugram: South of Gurugram has emerged as a premier real estate destination, experiencing notable property price appreciation and benefiting from stellar connectivity. According to data from 99 Acres, average residential property rates in this area have surged by 20.5% in the past year, 62.2% over the last three years, and an impressive 137.3% in the past five years. Independent floor prices have also seen significant growth, appreciating by 39.2% in the last three years and 98.9% over the last five years. The region’s exceptional connectivity, highlighted by the Delhi-Mumbai Expressway, has transformed it into a hub for high-value investments, making it an attractive choice for homebuyers and investors alike.

South of Gurugram has emerged as a prominent suburb for residential investments, thanks to its exceptional connectivity with the Delhi-Mumbai Expressway, the Centre’s flagship and most expensive infrastructural project. Sohna Road, located in South of Gurugram, has garnered significant attention from developers, transforming the region into a hub for high-value investments.

Mr. Ravi Aggarwal, Co-founder & Managing Director, Signature Global (India) Ltd. says that “South of Gurugram is rapidly transforming into one of the thriving suburbs in the National Capital Region, capitalizing on its proximity to the Delhi-Mumbai Expressway and commercial hubs like Cyber City and Golf Course Road. The seamless connectivity to the Gurugram-Sohna elevated road makes it an attractive location for professionals, offering a quick 15-minute drive to major commercial, retail, and entertainment hotspots in Gurugram. Homebuyers are increasingly drawn to areas like South of Gurugram for their closeness to nature and the health and wellness benefits it offers.

Access to green spaces is associated with greater social cohesion and a sense of community, enhancing overall well-being. In response to this rising demand for sustainable and health-oriented living, developers and urban planners are focusing on creating micro markets and suburbs that emphasize natural features and healthy lifestyles. This trend is set to continue as more people prioritize their physical and mental health in their daily lives.”

The proximity to the Sohna-Dausa stretch of the Delhi-Mumbai Expressway has been a major catalyst for the surge in real estate investments in Sohna Road, especially in the residential sector. This expressway has elevated Sohna Road’s status, making it a capital-rich investment zone with promising returns.

The remarkable 137.3% growth in South Gurugram’s real estate over the past five years underscores its emergence as a prime investment destination. This surge is propelled by strategic infrastructure developments, particularly the Delhi-Mumbai Expressway, which has dramatically enhanced connectivity and appeal. What truly sets South Gurugram apart is its commitment to sustainable living. The emphasis on green spaces and eco-friendly developments aligns perfectly with the growing demand for healthier, more balanced lifestyles. As urban professionals increasingly prioritize well-being, this region’s thoughtful urban planning and natural beauty become even more attractive. The consistent appreciation in property values, especially in residential sectors, reflects strong market confidence. Looking ahead, I anticipate this upward trajectory to continue. The area’s holistic development approach, combining economic opportunities with quality living, positions South Gurugram not just as a real estate hotspot, but as a model for sustainable urban growth in the NCR region.” – Mr Shashank Vashishtha, Executive Director, Exp Realty India

Sohna Road benefits from excellent connectivity to several key routes, including the Direct Noida-Delhi flyways, Delhi-Meerut Expressway, Kundli-Manesar-Palwal (KMP) Expressway, NH-2 (Delhi-Agra), Delhi-Mumbai Expressway, and the Jewar Airport connectivity highway. Additionally, the controlled six-lane elevated Gurugram-Sohna corridor (NH-248A) provides seamless access to major commercial, retail, and entertainment hotspots in Gurugram, just a 15-minute drive away.

Shailesh kumar Gupta, city based real estate consultant says, “Sohna popularly known as South of Gurugram has become an investment magnet within Gurugram’s thriving real estate landscape. Key corridors such as the Dwarka Expressway, Southern Peripheral Road (SPR), and 160-km Sohna-Dausa stretch of the DMIC (Delhi-Mumbai Industrial Corridor) are at the forefront of this transformation. The Sohna-Dausa stretch, in particular, has been hailed as a game-changer for South of Gurugram’s realty ecosystem, significantly enhancing interstate connectivity with states like Delhi-NCR, Madhya Pradesh, Maharashtra, Gujarat, and Rajasthan. The prospects of this stretch emerging as a prime residential and commercial corridor are high, simultaneously boosting real estate developments in the surrounding areas of Gurugram.

South of Gurugram’s commercial real estate properties offer diverse opportunities for businesses, including office spaces, retail outlets, industrial parks, and logistics centers. As per industry data and estimation investing in commercial property in South of Gurugram can yield immediate benefits and long-term gains both, driven by consistent infrastructural development. The region’s flourishing business ecosystem and robust economic growth further cement South of Gurugram’s status as a desirable hub for commercial real estate investments.”

The area is increasingly attracting upper-middle-class and upper-class income groups who are recalibrating their home-buying choices towards green homes and eco-friendly areas. The notified Master Plan 2031 for Sohna emphasizes the development of ample open spaces and green belts, making it a desirable location for homebuyers. The region’s commitment to preserving large swathes of agricultural land and its picturesque surroundings, including the serene Aravalis, adds to its appeal.

With its strategic location, stellar connectivity, and appealing residential options, South of Gurugram is set to become one of the most sought-after real estate destinations. The area’s growth trajectory indicates robust investment potential, making it an ideal choice for homebuyers and investors alike.