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Delhi NCR's 'Ring of Opportunity' could open up a new era of affordable homes
Four new greenfield cities along Rapid Rail Transit System (RRTS) corridors are set to boost real estate affordability in Delhi and its surroundings. The KMP-Eastern Peripheral Expressway belt is now designated NCR's Ring of Opportunity, ending regulatory uncertainty for peripheral land. This strategic development, anchored by existing infrastructure like the Delhi-Meerut RRTS and Noida International Airport, positions Sonipat, Bhiwadi, Meerut, and Alwar as independent growth hubs, not just commuter towns.
National realty companies expand base in NCR, target affluent clients
National real estate developers are making significant inroads into Delhi-NCR's residential market, traditionally led by local firms. Homebuyers' preference for branded properties is fueling this shift. National players' share of new supply surged from 3% in 2022 to over 13% by the end of 2025, marking a substantial increase and indicating a growing institutionalized property landscape.
Prestige Group to launch 2 housing projects in Delhi-NCR this fiscal with potential revenue of Rs 7000 crore
Prestige Estates is significantly expanding its presence in Delhi-NCR, planning two new housing projects this fiscal year with an estimated revenue of Rs 6,800 crore. This follows a successful launch last year, which garnered substantial pre-sales. The company is bullish on the market, aiming for Rs 35,000-36,000 crore in sales bookings overall this fiscal, driven by strong customer demand for long-term real estate investments.
DLF sells The Dahlias apartment to Madhusudan Kela for Rs 121 crore
DLF has sold a luxury apartment in The Dahlias for Rs 120.71 crore. This transaction sets a new benchmark for Gurgaon's real estate market. The project is driving DLF's sales, with significant revenue potential. Other high-value transactions have also occurred in Gurgaon, surpassing prime Mumbai and Lutyens Delhi prices.
Who Is Rajendra Arlekar? Tamil Nadu Governor In Spotlight As Crisis Deepens
In a state where the BJP holds no seats and where the party that won the most seats is not aligned with New Delhi, every hour of delay in Raj Bhavan is being read — rightly or wrongly — as a political act.