In H1 2024, total absorption in India's warehousing and logistics sector rose 8% from 2023. Vestian Research reported 16.6 million square feet of sector absorption in the first half of 2024. Compared to H2 2023, absorption fell 26%, mostly due to a 74% drop in the National Capital Region.

Godrej Properties and Sobha won three important land lots in a Greater Noida Authority auction. The auction saw strong participation, exceeding the reserve price of ₹738 crore with offers totalling ₹1,500 crore.

Unsold home inventory in the National Capital Region (NCR) has dropped 57% in five years. Unsold stock fell from 200,000 units in Q1 2018 to 86,420 units in Q1 2024, the greatest drop in the nation.

Pragati Group, an industrial and logistics real estate developer located in the National Capital Region (NCR), has secured $200 million from a Singapore-based private equity firm for the development of industrial and logistics real estate assets.

Major Real Estate Developers Announce New Projects in the Delhi-National Capital Region in 2023-2024

The Office Pass (TOP), which presently operates 12 coworking spaces in the Delhi-National Capital Region, wants to construct a new office in Gurgaon by the end of November 2022.

Anarock Group has completed the sale of a 41-acre property lot on the Ballabhgarh-Sohna highway in a significant land transaction in the National Capital Region.

Reeling under the pressure of unsold inventory and delayed plans, NCR witnessed a dip in land cost for the first time in three years in the first half of 2016, reveals a Knight Frank submission. Likewise, new launches took a backseat as planners shifted f