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Tag: NCR

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Patriotic Fervour Grips Realty Sector: Discounts & Offer Buyers

Aug 12, 2024 by Mansi 0 Comments #Independence day, #NCR, #Patriotic Fervour

12th August 2024: With India’s independence day just around the corner, and like everyone else, the real estate sector is also caught in a patriotic fervour. The extended weekend, the pleasant weather and the RBI’s decision to continue with a low-repo-rate regime also make it an attractive time for buyers to go and look for their dream abode.

In the NCR, the timing is particularly favourable with healthy stock inventory, presence of developers with impeccable credentials, new project launches, both in residential and commercial segments including plotted development, ensure that the buyers have enough choice to suit their needs and investment temperaments.

For a developer coming up with a plotted project at Noida Expressway, the company is not only offering special rates but it also includes free lift installation and a gold coin.

“As Independence Day approaches, our offer celebrates luxury living at our project, Escon Panache Villas. It includes a special introductory price starting from just ₹2.02 crore, along with lift installation and 24 gm gold. It is our small way of adding extra value to the luxurious lifestyle. The project’s iSmart luxury spacious villas, with features like a Terrace Garden, Double Height Living Room, Private Pool, Zero % Loading, Vastu-friendly, and an Advanced Security System in a Gated Society, will elevate your lifestyle. We encourage our homebuyers to make the most of the opportunity and enjoy the pinnacle of luxury with Escon Panache Villas,” says Neeraj Sharma, MD, Escon Infra Realtor.

For other developers, it is time to honour the guardians of the nation and the defence personnel. Sushma Group’s Independence Day offer, which started with the Kargil Vijay Diwas on 26th July, will continue till the Independence Day at its project, Sushma Belleza. In the words of the developer, “It is a way to express our gratefulness to the Indian defence personnel who tirelessly guard our nation and ensure our security.”

“Their selfless service and unwavering dedication are a source of inspiration to us all. Through our offer, ’21 Days Salute to Service, ‘ we aim to express our heartfelt appreciation and respect for their sacrifices. This is our humble way of giving back to those who dedicate their lives to serving the country. We sincerely hope that this special offer helps them realise their dream of owning a home,” said Mr. Prateek Mittal, Executive Director of Sushma Group.

In the commercial segment, lucrative independence day deals are available in various projects in Gurugram, which includes among others low registration fee.

Ahead of the Independence Day celebrations, we offer a special opportunity to invest in strategically located shops bang on Dwarka Expressway. Our lockable society shops at India Rashtra 88A are available with a nominal registration fee of Rs. 49,000/-. Once your registration is successful in the draw of lots, you’ll be able to get the allotment after payment of the initial booking amount. With only 70 shops available for registration at India Rashtra.” It offers quite competitive prices with investment starting from Rs. 32.46 lacs. This is a lifetime opportunity and unparalleled offer on the occasion of Independence Day says, Mihir Jha, Project Sales Head, Next Generation Projects Pvt Limited.

Indeed the Independence Day is a time not only to dedicate ourselves to the nation but also avail to live in a house of one’s own. With developers offering deals it’s makes it the right time to invest in a property of one’s own.

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NCR – Affordable Housing Sales Share Dips to 24% in H1 2024, Luxury Up to 45%

Jul 31, 2024 by Mansi 0 Comments #ANAROCK, #Anuj Puri, #NCR

 New Delhi, 31 July 2024: From epicenter of unscrupulous real estate activities to one of the country’s most vibrant realty markets, NCR has come a long way. The region has seen several notable trend reversals in the past five years. Among them – housing demand is now heavily tilted towards the luxury housing segment.

Latest ANAROCK data indicates that out of NCR’s total housing sales of approx. 32,200 units in H1 2024, an over 45% share was in the luxury segment, and 24% in the affordable segment. Back in 2019, sales of luxury homes were a mere 3% while the affordable sales share stood at 49%.

In terms of overall sales numbers:

  • Approx. 14,630 luxury units were sold in NCR in H1 2024, against approx. 1,580 units in entire 2019.
  • Approx. 7,730 units are sold in the affordable segment in H1 2024, against approx. 23,180 units in 2019.
NCR: Housing Sales in H1 2024 & % Share across Budget Segments
City Total Units sold < INR 40 Lakh INR 40 Lakh – INR 1.5 Cr > INR 1.5 Cr
NCR 32,200 24% 31% 45%
Gurgaon 17,570 27% 14% 59%
Noida + Gr. Noida 8,425 13% 45% 42%
Rest of NCR 6,205 31% 57% 12%

NCR: Housing Sales in 2019 & % Share across Budget Segments
City Total Units Sold < INR 40 Lakh INR 40 Lakh – INR 1.5 Cr > INR 1.5 Cr
NCR 46,920 49% 47% 3%
Gurgaon 13,250 43% 53% 4%
Noida + Gr. Noida 21,770 44% 52% 4%
Rest of NCR 11,900 66% 33% 1%

Gurugram

 Anuj Puri, Chairman – ANAROCK Group, says, “Among all NCR cities, Gurugram has been the most active real estate market in recent years. Millennium City saw approx. 17,570 units sold across different budget segments in H1 2024. Of these, a whopping 59% (approx.10,365 units) were luxury homes, followed by 27% (approx. 4,710 units) in the affordable segment.”

“Back in 2019, Gurugram saw approx. 13,245 units sold, of which 43% or approx. 5,740 units were affordable housing,” says Puri. “The sales share of luxury homes was just 4%, or approx. 470 units.”

 Noida & Greater Noida

 Noida and Greater Noida together saw approx. 8,425 units sold in H1 2024. Of this, 42% (approx. 3,550) units were luxury homes and just 13% (approx. 1,100) units were in the affordable segment. The highest sales share – 3,770 units or 45% – was in the mid and premium segments priced between INR 40 lakh and INR 1.5 Cr.

 In 2019, these two cities together saw the highest sales in NCR – approx. 21,770 units. Of this, 44% (approx. 9,565) units were sold in the affordable segment, and just 4% (approx. 990) units were in the luxury segment. The maximum sales of 11,215 units or 52% were in the mid and premium segments together.

 Other Cities

 Ghaziabad, Faridabad, Delhi and Bhiwadi together saw approx. 6,205 units sold in H1 2024, of which the luxury segment accounted for 715+ units, while affordable housing saw 1,920 units sold. The maximum sales of approx. 3,570 units were in the mid and premium segments.

 Back in 2019, these cities saw approx. 11,900 units sold, of which the highest share of approx. 7,875 units were in the affordable segment, followed by approx. 3,910 units in the mid and premium segments. Just 115 units sold were luxury homes.

New Supply Dynamics – City-wise

NCR: New Supply in H1 2024 & % Share across Budget Segments
City New Units Supply < INR 40 Lakh INR 40 Lakh – INR 1.5 Cr > INR 1.5 Cr
NCR 24,300 11% 12% 77%
Gurgaon 15,530 16% 1% 83%
Noida + Gr. Noida 7,320 1% 35% 64%
Rest of NCR 1,450 0% 26% 74%

NCR: New Supply in 2019 & % Share across Budget Segments
City New Units Supply < INR 40 Lakh INR 40 Lakh – INR 1.5 Cr > INR 1.5 Cr
NCR 35,280 47% 41% 12%
Gurgaon 19,350 53% 33% 14%
Noida + Gr. Noida 7,040 14% 70% 16%
Rest of NCR 8,890 62% 33% 5%

New supply in the region has followed demand, with developers adding more supply in the luxury segment and curtailing it in the affordable segment. Out of approx. 24,300 units launched in NCR in H1 2024 across budget segments, just 2,570 units or 11% were in the affordable segment – a massive 18,600 units, or 77%, were in the luxury segment.

Contrastingly, in 2019, out of approx. 35,280 units launched in the region, over 47% or approx. 16,680 units were in the affordable segment and a mere 12% (approx. 4,230 units) were in the luxury segment.

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Top 10 Reasons Divya Jyoti Ayurvedic Medical College Stands Out Among BAMS Colleges in UP

Jul 15, 2024 by Mansi 0 Comments #BAMS College, #Divya Jyoti Ayurvedic Medical College, #NCR, #UP

Modinagar, Uttar Pradesh, India July 15, 2024
Divya Jyoti Ayurvedic Medical College is amongst the leading private Ayurvedic colleges of India. It is located in Delhi-NCR on Niwari Road, Modinagar. It is run by Jassar Dental Medical Education Health Foundation, a charitable society.

In terms of academics, placements, student perception, infrastructure, and clinical exposure, Divya Jyoti Ayurvedic Medical College and Hospital (DJAMCH) is considered Uttar Pradesh’s top ranking ayurvedic medical college.

Here are 10 reasons why DJAMCH has been consistently ranked as the No.1 private Ayurveda college of UP :-

1. Largest in terms of size: The institute has been built on a campus of 75 acres and with a supporting hospital of 650 beds attached to the institution. Divya Jyoti Ayurvedic Medical College is Uttar Pradesh’s largest private Ayurvedic medical college.

2. One of India’s finest hostels: The institution has a full-time residential program for BAMS (Bachelor of Ayurvedic Medicine and Surgery). This means that all candidates who take admission in BAMS have to stay in the campus hostel. The renovated hostel facility was built in 2024. It has a capacity for 600 students with separate hostels for 300 boys and 300 girls and has world-class amenities such as 24-hour study rooms, badminton courts, double sharing and triple AC rooms, as well as an option for multi-sharing dorms. The hostel has 64 CCTV cameras and an attached luxurious guest house for overnight stay of parents. The hostel complex of the institute is considered amongst the finest in India.

3. Distinguished Faculty: The institution employs faculty from the most prestigious ayurvedic medical colleges such as Chaudhary Brahm Prakash Ayurved Charak Sansthan, All India Institute of Ayurveda (New Delhi), and National Institute of Ayurveda (Jaipur) among others.

4. Speciality in Medical Education: The institution is run by Jassar Dental Medical Education Health Foundation (JDMEHF) under the brand of DJ Group of Institutions. JDMEHF also runs a dental college, nursing college, paramedical college and a pharmacy college, thus specialising in providing medical education from more than last 25 years. It is amongst the most renowned private educational groups in Uttar Pradesh working in the field of rural healthcare and medical education. JDMEHF was awarded for excellence in medical education by CollegeDunia.

5. Permission Status: The institution has a capacity of 100 seats per batch for BAMS course and is approved by National Commission for Indian System of Medicine (NCISM) and the Ministry of AYUSH. It is affiliated to Mahayogi Guru Gorakhnath AYUSH University, Gorakhpur.

6. High Admission Demand: The institution sees 2,000 applications for 100 seats each year and is the first institution to get its seats filled in Uttar Pradesh AYUSH counselling. The institution’s seats get filled even before the premier government ayurvedic medical colleges. The institution is sought after due to its distinguished academic program, excellent clinical care, and placement program.

7. Excellent Infrastructure: The institution has modern AC lecture theatres equipped with sound systems and touch screens, one of the state’s largest herbal gardens for cultivation of medicinal plants, dedicated playgrounds for football and cricket, as well as an indoor sports complex for badminton, table tennis, etc. The campus is lush green and very spacious with a thick forest cover.

8. Modern Hospital: The institution’s ayurvedic hospital has a very heavy footfall of patients and thus is an excellent teaching hospital. A heavy patient footfall gives students great clinical exposure and aids them when they are seeking to set up their own professional practice.

9. Placement Opportunities after BAMS: Divya Jyoti Ayurvedic Medical College also has MOUs with leading hospital chains such as Patanjali, Dabur, Baidyanath, Kerala Ayurveda, etc. for placement opportunities across various roles.

10. Central Location in NCR: The institute is located in Delhi NCR and is at a distance of just 40 kms from Delhi. It has great connectivity through all means of transport such as road, rail, air, and trains. Cities such as Delhi, Noida, Meerut, and Ghaziabad are located nearby with a short drive time of just 30 minutes. The institution is also connected through Modinagar North Station of the Namo Bharat RRTS railway and runs a daily shuttle service from the station to the campus.

business

WIKA India’s Sustainable Water & Energy Consumption Practices Saves 26% of Water & Minimize Emissions

Jun 24, 2024 by Gayathri Pariti 0 Comments #Faridabad, #Gaurav Bawa, #Germany, #LPG, #NCR, #Water & Minimize Emissions, #WIKA Alexander Wiegand SE & Co. KG, #WIKA India, #WIKA India Pvt. Ltd, #WIKA India’s Sustainable Water & Energy Consumption

Faridabad, NCR, India, June 24, 2024 – WIKA India Pvt. Ltd, a subsidiary of the WIKA Alexander Wiegand SE & Co. KG, Germany, has been continuously taking newer sustainability initiatives over the past several years. The last three years have been extremely commendable as its sustainable practices and initiatives have garnered it a huge applause as well as satisfaction on the development and progress of its green ventures.

Title_Sustainability

WIKA India has demonstrated a constant commitment to a greener environment today and tomorrow through the utilization of renewable energy, minimized emissions and lasting solutions whenever needed. This has helped WIKA India to firmly establish itself as a company that understands the importance of a sustainable environment.

“WIKA India believes that every corporate has a social responsibility towards environmental changes that are redefining how our economy and society function. However, with new sustainability efforts every year, we intend to lead the change proactively while being diverse, innovative and persistent,” said Gaurav Bawa, Sr. Vice President, WIKA India.

Some of the key sustainability initiatives taken by WIKA India over the past three years are pulp packaging, zero waste water, LPG Genset Implementation, and urban forest development.

A shift to using pulp packaging, an environment-friendly material compared to the conventional products, has helped minimise the plastic wastes and also encouraged the adoption of more recycling practices of the waste packaging material. For instance, the company has saved around 7000 €/year (Single die prepared for 5 types). Another innovative practice that WIKA India has incorporated is the use of advanced water management systems. From reducing the water consumption by 26% over the last two years at its Faridabad facility, the sewage treatment plant of capacity 50, 000 litres per day is in use at its Pune facility that helps generate 3,00,000 litres of recycled water to be used in garden and plants.

Along with these, replacing diesel generators with LPG gensets has helped WIKA India in attaining sustainable energy consumption. This switch has helped reduce the emission of greenhouse gases, thus ensuring clean air and environment. For the first time globally, WIKA India has planted around 1,600 trees on barren land in urban areas, implementing the Miyawaki technique. This initiative involves creating complex, rich biodiverse environments that helps improve air quality and can assist in supporting the diversity of life within urban environments.

business

Anant Raj Ltd Unveils Exclusive Ultra-Luxury Residences in Gurugram Township, Setting New Standards

May 17, 2024 by Sujata 0 Comments #"THE ESTATE RESIDENCES, #4 BHK residences, #Anant Raj, #Anant Raj Cloud, #Anant Raj Limited, #Ashok Sarin, #Commercial, #Delhi, #Floors, #Group Housings, #NCR, #residential and commercial developments, #township, #Ultra Luxury Project, #Villas

Gurugram: Anant Raj Limited is currently focussing at their 200-acre integrated residential township in Sector 63A, Gurugram which has composition of Villas, Floors, Commercial and Group Housings. They recently introduced their Ultra Luxury Project, “THE ESTATE RESIDENCES,” featuring just 248 units of spacious 4 BHK residences, totalling over 1.00 million sq. ft. of saleable area. The market response to this project has been overwhelmingly positive, with units sold within a few days of launch. It is believed that Anant Raj has plans to introduce more projects within this township in various phases over the coming years. These launches will also include 3-4 Group Housings.

THE ESTATE RESIDENCES

In addition to the above township Anant Raj also possess significant land holdings, approximately 100 acres in Delhi and another 100 acres in NCR. Development of lands in Delhi is said to commence once the Master Development Plan 2041 of Delhi is notified.

Anant Raj Limited’s Founder Chairman, Sh. Ashok Sarin, had a vision of providing quality accommodation to industrial workers residing on the outskirts of cities. And hence planned for affordable housing project in Neemrana, Rajasthan, tailored to meet the needs of industrial workers. One more such project in Tirupati, Andhra Pradesh, represents another step towards enhancing the living conditions of factory workers.

Anant Raj boasts a rich legacy spanning more than five decades, marked by numerous investments across various sectors. With a diversified portfolio that includes a range of completed projects, encompassing both residential and commercial developments in Delhi, NCR, and several other cities.

Additionally, Anant Raj Cloud, a 100% subsidiary of Anant Raj Limited is spearheading the development of Tier-III and Tier-IV Data Centers with a total capacity of up to 307 MW. The company plans to invest over Rs 10,000 crores over the next 5 years.

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NCR Saw 29 Land Deals for Approx. 314 Acres Closed in FY-24

Apr 24, 2024 by Sujata 0 Comments #29 Land, #ANAROCK, #NCR, #Santhosh Kumar

New Delhi, 24 April 2024: Delhi-NCR continues to be a hotspot for real estate transactions across various sectors and as in the previous financial year, land deals have been a significant part of real estate development. ANAROCK data finds that in contrast to the 23 land deals covering approximately 273.9 acres in FY-23, FY-24 witnessed 29 land deals for approx. 314 acres.

“About 26 separate land deals, totaling approx. 298 acres, were proposed for residential and township projects to meet the region’s growing demand for housing and urban development,” says Santhosh Kumar, Vice Chairman – ANAROCK Group. “At least two land deals, spanning over 7 acres each, were planned specifically for commercial real estate projects. A separate deal involving approximately 8.61 acres was dedicated to an education-related project.”

City-Specific Deals:

  • Delhi: One deal covering 5 acres was closed for residential development.
  • Gurugram: Millennium City led the way with 22 deals, totaling 208.22 acres. These included one deal each for educational, residential, and retail purposes, while the remaining 20 deals were exclusively for residential development.
  • Faridabad: A 15-acre land deal was finalized for residential purposes.
  • Greater Noida: An 8.9-acre deal was secured for residential development.
  • Ghaziabad: A substantial 62.5-acre deal was signed for a township project.
  • Noida: Noida closed three separate deals, covering a combined area of 13.96 acres, for both residential and commercial developments.
Deal in Quarter, 2000-21 Buyer City Locality Approx. Size (acres) Proposed Development
Q2-2023 Ganga Realty Gurgaon Sector 84 8.35 Residential & Retail
Q2-2023 Conscient Infrastructure Gurgaon Sector 80 6.6 Residential
Q3-2023 Experion Developers Gurgaon Golf Course Road 4 Residential
Q3-2023 Experion Developers Noida Sector 145 5 Residential
Q3-2023 Experion Developers Gurgaon Sector 48 5.5 Residential
Q3-2023 Experion Developers Gurgaon Golf Course Ext Road 4.5 Commercial
Q3-2023 Godrej Properties Gurgaon Golf Course Road 7.91 Residential
Q3-2023 Eldeco Group Gurgaon Sector-80 8.5 Residential
Q3-2023 Godrej Properties Gurgaon Sector-103 14.8 Residential
Q3-2023 Adore Group Gurgaon Sector – 77 10.2 Residential
Q4-2023 Eldeco Group Greater Noida Greater Noida West 8.9 Residential
Q4-2023 Experion Developers Gurgaon Sector-53 6 Residential
Q4-2023 TREVOC Gurgaon Sector-56 2 Residential
Q4-2023 Signature Global Gurgaon Village Fazilpur 25.75 Residential
Q4-2023 Adore Group Faridabad Sector -84 15 Residential
Q4-2023 Oberoi Realty Gurgaon Sector-58 14.8 Residential
Q4-2023 BPTP Gurgaon Sector-113, Dwarka Expressway 5.24 Residential
Q1-2024 Gulshan Homz Noida Sector 129 2.5 Commercial
Q1-2024 DLF Homes Developers Gurgaon Golf Course Ext Road 29 Residential
Q1-2024 Deepinder Goyal (individual) Delhi Dera Mandi 5 Residential
Q1-2024 Eldeco Group Gurgaon Sector – 80 2.7 Residential
Q1-2024 Trehan IRIS Gurgaon Sector-80 5.08 Residential
Q1-2024 Conscient Infrastructure Gurgaon Sector-80 5.56 Residential
Q1-2024 Ashiana Housing Gurgaon Sector-80 10.8 Residential
Q1-2024 TREVOC GROUP Gurgaon Golf course Road 2 Residential
Q1-2024 Godrej Properties Noida Sector 44 6.46 Residential
Q1-2024 Prestige Group Ghaziabad Indirapuram Extension 62.5 Township Project
Q1-2024 Gameskraft Technologies Private Limited Gurgaon Balola village 8.61 Educational
Q1-2024 Signature Global Gurgaon SPR 20.32 Residential