Saturday 4 May 2013

The Latest Trends of Property Prices in Gurgaon

Following of Gurgaon property news is in deed a good idea in case you have plans for real estate investment in the city. By going through the Gurgaon property news you would be able to get a clear idea of the city's property market scenario. You would get details related to the price trends, the general lifestyle facilities offered as well as updates on latest property launches.

Let us have a look at some latest Gurgaon property news updates (April, 2010).

Gurgaon and Mumbai, according to the fourth quarter Asia Pacific Property Digest by global real estate consultant Jones Lang LaSelle, have emerged as top destinations for residential investment in the country. The residential property market in both the cities has witnessed 25-30% price correction from their peak values that has ultimately been beneficial for the investors and the end-users.

DLF Ltd, the largest listed firm in India has increased its stake in DLF assets by 91%. DLF has announced that one of its units has bought 245 million compulsorily convertible preference shares in DLF Assets from the private equity firm SC Asia Pvt Ltd. for Rs 3,085 crore or $696 million. The buying of shares from SC Asia is DLF's step towards consolidating shareholding of DLF Assets.

The real estate wing of the Tata Sons Ltd has plans to invest Rs300-400 crore to buy lands for residential property development all over India. Within the fiscal year of 2010, the Tata Housing would launch two new housing projects in Gurgaon.

The Emaar MGF is all set to invest Rs 500 crore for developing an housing project for the mid income group. The investment on Palm Hills at sector 77 is about Rs 500 crore excluding the cost of the land.

After seven long years, the Ansal plans to comeback in the Gurgaon realty sector with its Rs 1,000-crore residential project in sector 67. The developer expects to launch several other ambitious projects by the end of 2010. The HDFC is financing 85% of the project while the developer would get the rest from the consumers.

Over the years Gurgaon has seen large scale infusion of commercial and residential space due to the increasing demand for residential properties. This in turn has caused growth in employment opportunities. In order to get information on thriving Gurgaon property market, browse the internet for more Gurgaon property news flash.

Piyush Group is one of the leading real estate company in india. Piyush Group is involved in development of Integrated Township, Group Housing Projects, Commercial Mall

3 comments:

  1. Gurgaon Is a Besggest Real Estate Economy sector in India. Where lots of residential project recently launched

    Gurgaon Real Estate

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  2. I think you will be able to get actual on-site construction images and an exact picture of the status from this website
    Gurgaon Property

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  3. This comment has been removed by the author.

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