The year 2017 was an eventful one for the real estate market in India. The overall real estate market came to a standstill, especially in the first quarter of the year just after the demonetization. Other surprises, such as the Real Estate Regulation Act, GST implementation, changes in Benami Transactions Prohibition Act, all impacted the
Just a few weeks before the festive season kicked in this year, Anushka Singh, granddaughter of DLF chairman KP Singh, has acquired a bungalow on Prithviraj Road in the Lutyens Bungalow Zone (LBZ) for Rs 476.50 crore, the highest price for a home in the national capital. That was September and the transaction value of the deal was lower than the
For the premium market in Capital Delhi, increasing queries from potential homebuyers have given hope to stakeholders that the auspicious nine-day Navratra period leading to the festival of Dussehra, followed by Diwali, will see a peak in property transactions. Land and property transactions are known to increase during this period as people believe that big-ticket
Property In Lutyens Delhi LBZ (Lutyens Bungalow Zone) Leafy Lutyens Bungalow Zone is the heart of New Delhi, built by prominent architects of the day to house government officials. As on date the sprawling residences in this heritage marked area is covered by greenery are considered stature properties and leads the highest real estate prices not only