Tag: National Capital Region

IndustryLatest Stories

L&T Realty Acquires Delhi Land for ₹200 Crore

Representative AI image NEW DELHI: L&T Realty Developers Ltd (LTRDL), a fully owned subsidiary of Larsen & Toubro (L&T), has acquired a 2.5-acre land parcel in central Delhi for approximately Rs 200 crore, according to two sources familiar with the matter. The Mumbai-based developer, which has been expanding in the National Capital Region through acquisitions in Noida and Gurugram, plans to develop a luxury residential project on this site. This acquisition follows L&T Realty Properties Ltd’s (LTRPL) 100% stake purchase in International Green Scapes Ltd (IGSL), providing access to a 20-acre land parcel in Gurugram with a development potential of…

Latest StoriesResidential

Housing Affordability Stable in 6 of 8 Cities: H1 2026 Report

NEW DELHI: A report by Knight Frank India reveals that housing affordability remained stable across most major residential markets in H1 2026, bolstered by lower borrowing costs. Among the eight cities analyzed, six stayed within the affordability threshold, while the Mumbai Metropolitan Region (MMR) and the National Capital Region (NCR) surpassed the 50% benchmark. Ahmedabad emerged as the most affordable housing market among the top cities with an affordability ratio of 23%, followed by Kolkata at 25% and Pune at 28%. Bengaluru and NCR saw a slight decline in affordability compared to 2025, recording ratios of 35% and 65%, respectively.…

IndustryLatest Stories

Noida Airport to Drive Real Estate Growth in NCR, Yamuna Expressway

Representative AI image NEW DELHI: On Saturday, Prime Minister Narendra Modi inaugurated phase-I of the Noida International Airport in Jewar, at an estimated cost of ₹11,200 crore. This initiative is expected to significantly transform the real estate landscape of the National Capital Region (NCR). The airport, situated along the Yamuna Expressway, aims to enhance connectivity in western Uttar Pradesh and the NCR, linking important urban and industrial centers such as Noida, Greater Noida, Ghaziabad, Agra, and Aligarh. Modi noted that the project represents a pivotal advancement in Uttar Pradesh’s development and will bolster India’s aviation capabilities. He stated, “Airports are…

Latest StoriesResidential

Over 87K Homes Sold in Q3 2025: Report

NEW DELHI: According to a report by Knight Frank India, the eight leading residential markets sustained their sales momentum, with 87,603 housing units sold in Q3 2025. Despite predictions of a market correction, residential sales saw a 1% year-on-year increase in Q3 2025, with year-to-date (YTD) figures slightly down by 1%. The sales momentum was supported by a rise in prices across all markets for Q3 2025, even though the supply of new units recorded a 2% decrease from the previous year, totaling 88,655 units. The macroeconomic conditions were stable, with inflation decreasing to 2.07% in August 2025, down from…