Dear
Reader,
This week's edition covers major
developments across Delhi NCR's real estate landscape, from regulatory actions to
infrastructure breakthroughs that are reshaping the region's property market.
A concise overview of fresh launches and
key developments across Delhi NCR.
GURGAON
GST Council drops
anti-profiteering proceedings against Ireo projects
GST Council has dropped
anti-profiteering proceedings against Ireo projects in Gurgaon Hills and Grand Hyatt
Gurgaon Residences. The decision brings relief to the developer and homebuyers who were
facing potential price adjustments under the anti-profiteering provisions.
NHAI to organize special
camps for Dwarka Expressway toll passes
NHAI will organize special camps for
issuing monthly toll passes for Dwarka Expressway, addressing commuter concerns about
access and payment methods. The initiative aims to streamline the toll collection
process and provide better facilities for daily commuters using the expressway.
Emaar launches luxury
project in Gurugram
Emaar has launched a new luxury
project in Gurugram offering homes priced from ₹3.5-7 crore, targeting the premium
segment. The development features contemporary architecture and premium amenities,
positioning itself as a landmark residential address in the city.
IKEA set to open first
store in Gurgaon
IKEA is preparing to open its first
store in Gurgaon, marking the Swedish furniture retailer's expansion in the NCR region.
The new outlet will feature IKEA's signature range of home furnishings and is expected
to strengthen the retail landscape of the area.
Lodha Developers
identifies Gurugram as NCR launchpad
Lodha Developers has identified
Gurugram as its launchpad for entering the NCR real estate market. The Mumbai-based
developer is planning to launch premium residential projects in the city, leveraging its
expertise in luxury housing development.
Shapoorji Pallonji
partners with Bosch for in-residence car care
Shapoorji Pallonji Real Estate has
partnered with Bosch Car Service to launch in-residence car care facilities at The
Dualis Gurugram. The collaboration aims to provide premium car maintenance services
within the residential complex, adding value to the luxury living experience.
Gurugram SPR to be
constructed as elevated road
The Southern Peripheral Road (SPR)
from Ghata to NH-48 will be constructed as an elevated road with an interchange at
Vatika Chowk. The project aims to improve traffic flow and reduce congestion in the
rapidly developing corridor of Gurugram.
HSIIDC takes over
maintenance of IMT sectors
HSIIDC has taken over the maintenance
of public amenities in IMT sectors 1-8 in Gurgaon. The move is expected to improve
infrastructure and civic facilities in these industrial areas, enhancing the working
environment for businesses and employees.
SRS Group promoters face
charges in money laundering case
Charges have been framed against SRS
Group promoters in a ₹2,200 crore money laundering case. The development highlights the
ongoing regulatory scrutiny in the real estate sector and the authorities' efforts to
address financial irregularities.
Roots Development
announces new Gurugram project
Roots Development has announced a new
residential project in Gurugram, focusing on modern community living with improved urban
design and amenities. The project aims to strengthen the developer's presence in the NCR
market.
Gurgaon Metro expansion
proposal advances
A new proposal for expanding the
Gurgaon Metro network has progressed, with plans aimed at improving connectivity between
key residential and commercial corridors. The project is expected to ease congestion and
support future urban growth.
NOIDA
Great Value Realty
launches ₹600 crore luxury project
Great Value Realty has launched a ₹600
crore luxury residential project in Noida, targeting the premium segment. The
development features high-end amenities and contemporary design, catering to the growing
demand for luxury housing in the region.
UP RERA approves 6
projects worth ₹864 crore
UP RERA has approved 6 projects worth
₹864 crore across 5 districts including Noida. The approval will enable construction of
approximately 2,500 housing units, addressing the demand-supply gap in the region's real
estate market.
Noida Authority seals
part of Lotus Panache project
Noida Authority has sealed part of the
Lotus Panache project in Sector 11 over regulatory violations. The action highlights the
authority's strict stance on compliance with building norms and regulations in the city.
Noida Authority issues
notice to 22 AT projects for delays
Noida Authority has issued notices to
22 AT projects for missing the Sports City development deadline. The notices serve as a
warning to developers to expedite construction work and fulfill their commitments to
homebuyers.
Sikka Karnam Greens
project receives approval
Sikka Karnam Greens project has
received Noida Authority approval, bringing relief to homebuyers who were facing delays.
The development is expected to resume construction activities shortly, with completion
timeline to be announced soon.
Branded homes outperform
regular projects in Noida
Branded homes in Noida are
outperforming regular projects, showing higher appreciation rates and better rental
yields. The trend reflects the growing preference for branded residential developments
among homebuyers seeking quality assurance and premium amenities.
Notice issued to ATS for
Sports city delay
Noida Authority has issued a notice to
ATS over delays in the Sports City development. The developer has been asked to furnish
an updated timeline, reflecting the authority's push for faster progress on long-pending
projects.
DELHI
GRAP III imposed as
pollution curbs tightened
GRAP III has been imposed as pollution
curbs are tightened in Delhi with AQI breaching the 400 mark. The measures include
restrictions on construction activities and vehicle movement, impacting real estate
development and sales in the capital.
South Delhi independent
floor prices jump 17%
South Delhi independent floor prices
have jumped 17% in Q3 2025, indicating strong market performance in the luxury segment.
The price appreciation reflects the limited supply and high demand for independent
floors in prime locations.
JLN Stadium
redevelopment to reinforce premium market
JLN Stadium redevelopment may
reinforce Delhi's ultra-premium property market appeal, though it may not drive major
price shifts. The project is expected to enhance the infrastructure and aesthetic appeal
of the surrounding area, potentially increasing property values in the vicinity.
OpenAI selects Delhi for
first India office
OpenAI has selected Delhi for its
first India office, leasing a 50-seater space in the capital. The move by the artificial
intelligence giant signals growing international interest in India's tech ecosystem and
could boost commercial real estate demand in prime locations.
Delhi Metro Phase IV
finally approved
Delhi Metro Phase IV has finally been
approved by the government, enhancing connectivity across the capital and NCR. The
project will improve transportation infrastructure and potentially increase property
values along the new metro corridors.
NCR
Noida's retail boom
driven by infrastructure projects
Noida's retail boom is being driven by
two mega infrastructure projects: Noida International Airport and Yamuna Expressway
development. These projects are attracting major retail brands and developers to the
region, creating new commercial opportunities.
Delhi NCR commercial
real estate set for supply boost
Delhi NCR commercial real estate is
set for a major supply boost with 5 million sqft of new Grade A space expected in the
coming months. The addition will address the growing demand for quality office space
from domestic and international companies.
Noida International
Airport nearing operations
Noida International Airport is nearing
operations as Tata Projects awaits final approvals. The airport is expected to transform
the region's connectivity and boost real estate development in the surrounding areas,
particularly along the Yamuna Expressway.
Metro and rapid rail
connectivity push Kundli-Sonipat growth
Metro and rapid rail connectivity are
pushing Kundli-Sonipat toward major NCR growth. The improved transportation
infrastructure is attracting real estate developers and homebuyers to the region,
creating new residential and commercial opportunities.
Godrej Properties to
launch ₹22,000 crore housing units
Godrej Properties will launch ₹22,000
crore worth of housing units to capitalize on strong consumer demand. The company's
aggressive expansion strategy reflects confidence in the residential real estate
market's recovery and growth potential.
Construction activities
restricted due to air quality
Construction activities in NCR have
been restricted due to deteriorating air quality under GRAP III measures. The
restrictions are impacting project timelines and costs, creating challenges for
developers already facing supply chain disruptions and labor shortages.
Alpha Corp targets
₹1,000 crore revenue by FY27
Alpha Corp is targeting ₹1,000 crore
revenue and market debut by FY27. The real estate developer's ambitious growth plan
includes launching new projects across NCR and expanding its presence in the mid to
premium segment.
Wonderla eyes expansion
to Delhi NCR and Mumbai
Wonderla is eyeing expansion to Delhi
NCR and Mumbai markets, planning to establish new amusement parks in these regions. The
entertainment company's expansion strategy reflects growing demand for leisure and
recreational facilities in metropolitan areas.
BPTP Ltd prepares for
IPO with ₹10,000 crore target
BPTP Ltd is preparing for IPO with a
target of ₹10,000 crore annual revenue. The NCR-based real estate developer's listing
plans indicate confidence in the capital markets and the company's growth prospects in
the residential and commercial segments.
Two RRTS corridors move
to final approval
Two RRTS corridors in NCR have moved
to final approval after PIB clearance. The rapid rail connectivity will significantly
reduce travel time between Delhi and neighboring cities, potentially boosting real
estate development along the corridors.
NCR highlighted in
India's ₹10 trillion real estate growth story
A national real estate report notes
NCR's contribution to India's ₹10-trillion sector growth. Key drivers include corporate
leasing in Gurugram, residential launches in Noida, and rapid development along the
Yamuna Expressway.
Saya Group repays ₹1,500
crore debt
Saya Group has repaid ₹1,500 crore of
outstanding debt to strengthen its financial position and focus on future growth. The
developer aims to accelerate ongoing projects and plan new launches across NCR.
PROJECTS TO WATCH
Birla Pravaah — Sector 71,
Gurgaon
A premium high-rise residential
development near SPR with good connectivity and modern amenities.
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Emaar Serenity Hills — New
Gurgaon
A low-density residential project
planned across a large land parcel, offering multiple towers and green-focused living.
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Aashiana Aaroham — Gurgaon
A family-oriented project with
child-friendly planning and community-focused amenities.
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Ashtech Presidential Towers —
Greater Noida
Premium high-rise apartments with
larger layouts and upgraded clubhouse facilities.
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Great Value Eknam — Noida
A new residential launch along
the Noida Expressway corridor targeting mid-to-premium homebuyers.
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M3M Jacob & Co Residences —
Noida
An ultra-luxury branded
residential project in collaboration with Jacob & Co, offering designer-led homes.
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SG DXP Estate — Dwarka
Expressway, Gurgaon
A residential project located
along Dwarka Expressway with contemporary layouts and improving connectivity.
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M3M GIC — Manesar
A 150-acre integrated township
with plotted housing, commercial areas, and community infrastructure.
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Conscient Elaira Phase 2 —
Gurgaon
An expansion of the existing
Elaira development, offering premium high-rise homes with improved amenities.
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Gaur Chrysalis — Sector 22D,
Yamuna Expressway
A high-rise residential
development located near the Noida International Airport corridor.
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Godrej Arden — Sigma 3,
Greater Noida
A low-density boutique
residential project focused on green landscapes and quiet community living.
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Max Estates 361 — Sector 36A,
Gurgaon
A ultra-luxury residential
project near Dwarka Expressway offering low-density layouts and strong connectivity.
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Suncity 78 — Sector 78,
Gurgaon
A high-rise residential
development close to NH-48 and SPR, aimed at mid-to-premium homebuyers.
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Experion Sector 151 — Noida
A premium residential project
with large open spaces and expressway connectivity.
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Sobha — Sector 1, Greater
Noida West
Sobha's first project in Greater
Noida West, offering premium construction quality and planned community living.
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Northwind Sanctuary — NCR
A nature-led residential
community planned around open green spaces and wellness-focused living.
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