Discover the rising star of Gurugram's real estate market, Gwal Pahari, with its unparalleled growth, exclusive lifestyle, and investment opportunities.
Gwal PahariGurugram Real EstateLuxury CondominiumsInvestment OpportunitiesReal Estate MarketReal Estate NewsSep 18, 2024
Gwal Pahari is located at the foothills of the Aravalli mountains, near Gurugram.
The average price range of luxury condominiums in Gwal Pahari is between Rs 15,000 to Rs 20,000 per square foot.
The expected growth rate of Gwal Pahari's real estate market in the next five years is 10-15% annually.
Gwal Pahari's residential market caters to all tastes and budgets, including Millennials, High Net Worth Individuals (HNIs), Non-Resident Indians (NRIs), and Ultra High Net Worth Individuals (UHNIs).
The current absorption rate for new launches in Gwal Pahari is 70% within six months.
The city's real estate sector records an impressive 12% year-on-year increase in property registrations for June 2024, fueled by strong demand and economic stability.
Real estate company M3M India has appointed Stuart McConnachie as Chief Construction Controller, leveraging his 27 years of international experience in construction management and project oversight.
The Indian real estate sector, particularly in the premium segment, continues to grow despite inflationary pressures, although Prestige Estates Projects' Q1 results show a decline in net profit.
Hyderabad's real estate sector has witnessed the sharpest decline in housing sales among nine major cities in India during the July-September quarter.
Real estate stocks declined on Tuesday, with the BSE Realty index dropping 83.83 points or 1.08% to settle at 7711.43 at 13:47 IST.
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