Realty News Archives - DLF Homes https://www.dlfhomes.co.in/blog/category/realty-news/ Building India Fri, 08 Dec 2023 11:01:29 +0000 en-US hourly 1 https://i0.wp.com/www.dlfhomes.co.in/blog/wp-content/uploads/2023/04/favicon.jpg?fit=32%2C32&ssl=1 Realty News Archives - DLF Homes https://www.dlfhomes.co.in/blog/category/realty-news/ 32 32 189617177 Experience Perfection- DLF’s Exquisite Residential Projects in Gurgaon https://www.dlfhomes.co.in/blog/experience-perfection-dlfs-exquisite-residential-projects/ Sun, 28 May 2023 11:13:32 +0000 https://www.dlfhomes.co.in/blog/?p=470 Introduction Welcome to the epitome of luxury living in Gurgaon! DLF, a renowned real estate developer, presents a collection of exquisite residential projects that redefine luxury and offer an unparalleled living experience. Nestled in the heart of Gurgaon, these developments boast luxurious apartments, villas, and gated communities designed to cater to the discerning tastes of […]

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Introduction

Welcome to the epitome of luxury living in Gurgaon! DLF, a renowned real estate developer, presents a collection of exquisite residential projects that redefine luxury and offer an unparalleled living experience. Nestled in the heart of Gurgaon, these developments boast luxurious apartments, villas, and gated communities designed to cater to the discerning tastes of those seeking the finest in modern living. In this blog, we will take you on a virtual tour of DLF’s residential projects in Gurgaon, highlighting their world-class amenities, architectural brilliance, and the promise of an exceptional lifestyle.

Gurgaon: A Thriving Destination for Luxury Living

Gurgaon, the cosmopolitan city in the National Capital Region (NCR), has emerged as a hub for premium real estate developments. With its proximity to business districts, excellent connectivity, and many social and recreational amenities, Gurgaon has become a preferred destination for those seeking a sophisticated lifestyle. DLF Gurgaon, with decades of expertise, has played a pivotal role in shaping the city’s skyline and creating exceptional residential communities that reflect the aspirations of modern urban dwellers.

DLF’s Commitment to Excellence

DLF’s commitment to excellence is evident in every aspect of its residential projects. From meticulous planning to impeccable craftsmanship, DLF Gurgaon ensures that each development meets the highest standards of quality and aesthetics. The company’s focus on customer-centric design and attention to detail sets its projects apart, making them an embodiment of perfection.

Unveiling the Gems of DLF’s Residential Portfolio

Royal Heights

Step into a world of luxury at Royal Heights, a flagship project by DLF Ltd. This residential community offers a range of meticulously designed apartments that exude elegance and sophistication. With spacious layouts, premium fittings, and panoramic views of the city, Royal Heights provides a truly regal living experience.

Villa Serene

For those seeking ultimate privacy and exclusivity, Villa Serene is a haven of tranquility. Nestled amidst lush green landscapes, this gated community offers luxurious villas that combine contemporary design with timeless elegance. Each villa is a masterpiece, featuring expansive living spaces, private gardens, and state-of-the-art amenities.

Elite Residences

If you crave a cosmopolitan lifestyle, Elite Residences is the perfect choice. These premium apartments redefine urban living with modern architecture, cutting-edge amenities, and proximity to commercial and recreational hubs. Experience the vibrant energy of city life while indulging in the comfort and luxury of your sanctuary.

Unmatched Amenities and Lifestyle Offerings

Clubhouse and Recreational Facilities

DLF’s residential projects in Gurgaon go beyond just providing a roof over your head. They offer an array of world-class amenities, including spacious clubhouses, swimming pools, fitness centers, sports facilities, and serene landscaped gardens. Residents can unwind, socialize, and indulge in their favorite activities without leaving the comfort of their community.

Security and Privacy

DLF Gurgaon understands the importance of security and privacy in today’s fast-paced world. Each residential project is equipped with advanced security systems, gated entryways, CCTV surveillance, and round-the-clock security personnel to ensure the safety and peace of mind of residents and their families.

Retail and Entertainment

DLF’s residential projects are located close to retail and entertainment destinations, offering residents easy access to shopping malls, restaurants, multiplex cinemas, and other recreational avenues. Embrace the convenience of having everything you need right at your doorstep.

Green Spaces and Sustainability Initiatives

DLF’s commitment to sustainability is evident in its focus on creating green spaces and promoting eco-friendly practices. The residential projects are designed to incorporate landscaped gardens, parks, and open spaces that provide fresh air amidst the urban environment. The company also emphasizes energy-efficient systems, waste management, and rainwater harvesting, ensuring a greener future for residents.

The DLF Advantage

Choosing a DLF Residential Project in Gurgaon comes with several advantages. The company’s strong reputation, track record of timely delivery, and commitment to customer satisfaction make it a trusted choice among homebuyers. Additionally, DLF’s projects are backed by robust after-sales services, ensuring that residents receive the support they need even after they move in.

Conclusion

DLF’s residential projects in Gurgaon are a testament to the company’s vision of creating exceptional living spaces that blend luxury, comfort, and convenience. With their world-class amenities, impeccable design, and commitment to excellence, these projects offer a lifestyle that is truly second to none. Embrace perfection and elevate your living experience with DLF’s exquisite residential developments in Gurgaon.

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DLF Sector 63 Gurgaon – A Promise to Your Luxurious Living https://www.dlfhomes.co.in/blog/dlf-sector-63-gurgaon-a-promise-to-your-luxurious-living/ Thu, 09 Feb 2023 07:02:05 +0000 https://www.dlfhomes.co.in/blog/?p=378 The place you reside is undoubtedly the most significant aspect of life to experience. After all, this is your haven, a place where you may retreat from the outside world, entertain your nearest and dearest family members, and take a respite from the pressures of daily life. You may live the opulent lifestyle you deserve, […]

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The place you reside is undoubtedly the most significant aspect of life to experience. After all, this is your haven, a place where you may retreat from the outside world, entertain your nearest and dearest family members, and take a respite from the pressures of daily life.

You may live the opulent lifestyle you deserve, thanks to DLF. For those wanting to purchase real estate in Gurugram, DLF Sector 63  is a wonderful investment option. Gurgaon’s DLF Sector 63 The area is conveniently accessible to the rest of the town and provides a tranquil, green setting that is perfect for growing a family.

Overview

Your new apartment is gorgeous, which will be the first thing you notice about it. In all luxurious settings, aesthetics come first, with high-quality design placed first at every step. Luxury flats have been designed to be both contemporary and inviting. And DLF Sector 63 gives you the aesthetics in addition to many of its offerings.

DLF Sector 63 is a premier high-street Apartment complex located in the Sector 63 neighbourhood of Golf Course Road in Gurgaon. The finest location for investing is created by the combination of Luxury and futuristic architecture.

The project offers its Residential Property a cosy and practical living. Therefore, DLF Sector 63 is the best choice for you if you’re seeking an Apartment in Gurugram that delivers exceptional value for money.

DLF houses are the ideal location to live since they are meticulously constructed and emotionally designed. Our most splendid attainment is the spirited residents that have become a lifestyle measure in Gurugram now and hereafter.

DLF Sector 63 Gurgaon

Highlights of the DLF Sector 63 Gurgaon

The highlights of DLF Sector 63 Golf Course Road are numerous.

● A well-designed residence will maximize the usable area, have larger rooms, and include amenities like modular kitchen, outside patios, and beautiful landscaping. One of the most discussed aspects of this project is its design.

● Modern Architecture Combines With Elegant Designs In DLF Sector 63 Gurgaon To Create A Harmonious Environment.

● A modern and inventive message gets intended to be conveyed by DLF design and many of its architectural features. There is a grand with a spacious where you enter.

● There is a central activity hub, unmatched vibrant vistas, wonderful boulevards, and open courts that many will adore.

● The most coveted Residential Property development in Gurgaon is DLF Sector 63, where properties start at Rs. 7.5 Cr. Apartments in DLF have maximum exposure.

● Located in Sector 63, Gurgaon, it is a brand-new building that offers investment possibilities that fit your budget.

Amenities Provided by DLF Sector 63 Gurgaon

People with similar perspectives may build a civilized community by working together. In addition, the kids from home will be accustomed to the optimal environment. Much like how a person’s lifestyle completely determines the facilities they select and vice versa.

There are upscale neighbourhoods, suburban villages, five-star hotels, educational facilities, hospitals, and a lot more all around the industrialization of DLF Sector 63. Owing to its strategic position and unparalleled connections. The various facilities they provide are as follows:

● Safety is the top concern for both apartment developers and occupants. A five-tier, round-the-clock surveillance system has been constructed in your home to provide your constant sense of safety and tranquility.

● Today, the majority of people choose to live in multi-story apartments, making elevators essential in residential structures as they frequently have 15 to 20 stories. Elevators make climbing vertical surfaces simple, save time and effort, and are also quick and safe. And DLF Sector 63 recognizes its importance by offering a high-speed escalator facility.

● The increased security it offers tenants is one of the major benefits of apartment garage parking. In addition to a feeling of security, DLF offers enough parking for each and every tenant.

● Largest Clubhouse at Golf Course Road

● Modern Kitchen with Modern Appliances

● Luxury Apartments with 2 sides open and corners

About DLF India

DLF India has more than 74 years of real estate investment, development, and management experience. The organization’s motto is “quality, timely delivery, and magnificence.” DLF is known for its innovative, exceptional, and unmatched high help standards.

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Gurugram becomes the hotspot for independent floors https://www.dlfhomes.co.in/blog/gurugram-becomes-the-hotspot-for-independent-floors/ Mon, 11 Jul 2022 18:33:34 +0000 https://www.dlfhomes.co.in/blog/?p=296 Gurugram and Faridabad have witnessed significant traction in demand for independent floors, especially post the pandemic.

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Independent floors are currently experiencing a boom in demand across the country and Haryana has emerged as one of the top markets. Gurugram and Faridabad have witnessed significant traction in demand for independent floors, especially post the pandemic.

According to ANAROCK, the concept of independent floors is not new in these two cities as there was a demand for them even before the pandemic. However, the desire for safer independent living after this health crisis has boosted the demand for independent floors.

In fact, homebuyers see this asset class as a low capital investment with relatively low risks, allowing for a faster exit.

“Since October 2020 we have launched a series of premium independent floors across DLF City in Gurugram, as well as in DLF Gardencity in New Gurugram and have received a phenomenal response from the market. The success of these independent floors is largely a result of the high development infrastructure surrounding these areas in both locations,” said Aakash Ohri, Group Executive Director & Chief Business Officer at DLF Home Developers.

“From the onset of the pandemic, there has been a rise in demand for low-rise floors, considering these have been conceptualised keeping in mind the space requirement of families looking to re-establish themselves in upscale neighbourhoods in Gurgaon to live independently without compromising on proximity to their loved ones. There is a section of the demography that does not necessarily enjoy an unnecessary influence of the community and enjoys absolute privacy and individuality, and thus prefers independent floors over group housing,” added Ohri.

Gurugram has evolved from commercial to residential and condominiums to independent floors in the last several years, making it a great hub for affordable and luxury properties. According to data by JLL, over 70% of Gurugram residential launches in 2021 were low-rise independent floors. Out of the entire 9,232 units that were launched last year, 6,850 were independent floors that catered to upper mid-and high-end categories. The average size of these units is around 1900 sq ft. The price segmentation of independent floors from mid to high category is Rs 45 lakh to Rs 1.50 crore and above, respectively.

“An uptick in demand for low-rise residences is making its way since the onset of the pandemic. Buyers’ choice of likely neighbourhoods, low-rise buildings, and environments sans chaos are gaining momentum rapidly. Another reason among end-users for this ultimate selection is the greater ROI that independent floors provide regardless of the price you purchase. Being faced with changing lifestyle needs accommodating an office space, gym, kids play area are some of the newest priorities that require maximum space to operate,” said Vivek Singhal, CEO, Smartworld Developers.

The residential corridors in Gurugram, where lowrise floors have been launched in the last two years, include Golf Course Extension Road, Dwarka Expressway (Sector 37D), New Gurugram (Sector 81, 89, 92), Sector 73, DLF City Phase II, III and IV and Sohna Road. The number is expected to cross 10,000 in 2022 as many developers are awaiting licences to launch their projects. Because more buyers are now giving preference to bigger homes due to the hybrid culture and e-schooling, they need extra space for the office and study room.

“Popularity of builder floors has so much to do with shorter project turnaround time, privacy and bigger spaces. This is becoming a trend, especially among the HNIs who prefer investing in robust infrastructure, connectivity to prime locations of the city, yet secluded, enjoying the luxury of living majorly pushed by the Covid -19 pandemic,” said Shashank Vashishtha, Executive Director, eXp India.

Developers are also focusing on independent floors due to lower capital investment, fluid cashflows as saleability increases, low project execution risk, and faster development turnaround.

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Gurugram: 1,000 buildings in DLF-3 blocks under DTCP scanner https://www.dlfhomes.co.in/blog/dlf-phase-3/ Mon, 06 Sep 2021 21:38:27 +0000 https://www.dlfhomes.co.in/blog/?p=195 The department of town and country planning (DTCP) has identified around 1.000 buildings in three blocks of DLF phase 3 that allegedly violated plans sanctioned by the authorities. The owners of these buildings, which have been constructed on plots meant for the Economically Weaker Sections (EWS), have been found to have raised extra floors and carried out unauthorised constructions […]

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The department of town and country planning (DTCP) has identified around 1.000 buildings in three blocks of DLF phase 3 that allegedly violated plans sanctioned by the authorities.

The owners of these buildings, which have been constructed on plots meant for the Economically Weaker Sections (EWS), have been found to have raised extra floors and carried out unauthorised constructions even after procuring occupation certificates (OCs).

The enforcement wing of DTCP carried out a survey of the buildings in S, U and V blocks of DLF phase 3 after receiving complaints from residents.

District town planner (enforcement) RS Batth said the department was checking the status of buildings on three counts — whether the developers have taken OCs or not, if they have made illegal constructions after getting the certificates and whether the structures are under construction.

“We have got details of around 1,000 buildings in the area. After tallying their details with departmental data, we will soon be initiating action against the offenders,” he added.

The move followed complaints by residents about the quality of construction and the overall safety of the buildings.

During the survey, it was found that the plot owners had used up 100% of their area, constructed 6-7 storeys in violation of the plan and combined two or more plots to build commercial structures like offices, shops and eateries.

According to Batth, these buildings have come up over the past 10 to 12 years. The department, he said, is studying the OCs issued to buildings in DLF 3 during this period.

“We have written to the developer to share a plot-wise list of the area, details of ownership transfers and the action plan for the suspension of services provided to the property owners who have constructed additional floors,” he added.

The licences for residential colonies are granted under the provisions of the Haryana Development and Regulation of Urban Areas Act, 1975, and Haryana Development and Regulation of Urban Areas Rules, 1976.
Under them, around 15% of plots in licenced colonies are reserved for the EWS category.

“While approving the zoning plan, it had been categorically mentioned that only one dwelling unit is allowed in this category of plots (EWS). Further, 66% of ground coverage and 2.64 floor-area ratios (FAR) is allowed in keeping with the prevailing policy,” Batth said.

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DLF to increase prices across residential projects portfolio https://www.dlfhomes.co.in/blog/dlf-to-increase-prices-across-residential-projects-portfolio/ Fri, 30 Jul 2021 20:35:35 +0000 https://www.dlfhomes.co.in/blog/?p=161 Although the premier real estate developer did not offer details on the dlf residential projects that may see a price hike, it has indicated that the increase is likely to be under 5% in the current fiscal. Since independent floors and luxury housing have seen good demand, DLF is planning to increase prices selectively across its residential […]

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Although the premier real estate developer did not offer details on the dlf residential projects that may see a price hike, it has indicated that the increase is likely to be under 5% in the current fiscal.

Since independent floors and luxury housing have seen good demand, DLF is planning to increase prices selectively across its residential projects. The firm has already raised prices thrice between November last year and March 2021 on DLF independent floors in Gurgaon, besides doing away with some discounts on DLF Camellias.

Although the real estate developer did not offer details on the products that may see a price hike, it has indicated that the increase is likely to be under 5% in the current fiscal. DLF is keen on revamping its premium and mid-income housing, which has been consistently gaining homebuyer’s interest in the last 8-12 months.

At its quarterly earnings call on Tuesday, DLF said it is “looking” at increasing prices “selectively” across the residential projects portfolio depending upon market demand. On a weighted average basis, the price increase could translate into “sub 5%”, which the firm expects to hold on during FY22. Its Q1 FY22 results presentation also said it is exploring a “judicious price increase in line with market acceptability”.

DLF launched independent floors in Phase-3 (Gurgaon) at Rs 11,000 per sq ft in November last year. Later in February 2021, prices were raised to Rs 12,500 per sq ft, translating into a growth of 14% on a like-to-like basis between November 2020 and March this year.

In March 2021, the company launched independent floors in Phase-1 at a price of around Rs 15,000 per sq ft. However, it emphasised that the rally was largely driven by the project’s strategic location. DLF has also slashed discounts on the ultra-luxury housing, Camellias, which is about 4-5% and translates to an improved recovery of Rs 1,500-2,000 per sq ft.

The company said it received an encouraging response on independent floors across DLF city and Garden City New Gurgaon vindicating product demand and acceptability. New products, which include plotted development in Gurgaon, recorded sales booking of Rs 542 crore for 0.5 million sq ft (MSF) in Q1 FY22. So far it has booked 1.3 MSF of space in the project spread over 1.5 MSF.

Camellias witnessed sustained demand. In April-June, it reported a sales booking of Rs 330 crore for 0.1 MSF. It has a total area of 3.6 MSF, of which so far 2.4 MSF has been booked. The housing project has posted consistent double-digit sales in the last 4 quarters.

DLF will open sales booking for its flagship premium luxury project, DLF Midtown in central Delhi, in the second half of FY22. At present, the company is busy with RERA approvals for the high-rise condos. The project size is 8 MSF, of which 2.1 MSF will be delivered by H2 FY22 and the remaining 6 MSF after FY24. Midtown’s total sales potential is Rs 12,000-15,000 crore.

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New Gurgaon: An emerging residential and commercial hotspot in NCR https://www.dlfhomes.co.in/blog/new-gurgaon-an-emerging-residential-and-commercial-hotspot-in-ncr/ Sat, 03 Jul 2021 23:51:58 +0000 https://www.dlfhomes.co.in/blog/?p=149 With the Gurgaon region nearing saturation, the focus is now shifting towards New Gurgaon that has emerged as a vibrant hotspot of residential and commercial activities.

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With the Gurgaon region nearing saturation, the focus is now shifting towards New Gurgaon that has emerged as a vibrant hotspot of residential and commercial activities.

Bolstered by strategic location and rapid infrastructural developments, Millennium City has emerged as a sought-after destination for Fortune 500 multinational companies and IT firms. The region is home to several business districts characterized by integrated developments encompassing workplaces, retail spaces, food and beverage outlets, and entertainment options.

With this region nearing saturation, the focus is now shifting towards New Gurugram that has emerged as a vibrant hotspot of residential and commercial activities. Excellent connectivity and a spate of infrastructural developments have led to the emergence of several industrial hubs in the vicinity of New Gurgaon, such as Manesar, Neemrana, Bawal, Dharuhera and Bhiwadi on one hand, and Cyber City, Sohna Road, Udyog Vihar on the other.

The rise of office spaces has invariably strengthened social infrastructure in the vicinity, including schools and higher educational institutions, banking and financial companies, commercial and retail spaces, restaurants and food and beverage outlets, entertainment and recreation spaces, and much more. The area is home to leading firms such as Grey OrangeTCS, American Express, and many more. Leading brands such as HDFC, ICICI, KFC Sodhi’s and The Body Shop, etc have sprung up in the region. Moreover, Big Bazaar, Decathlon, and Cinepolis are expected to make inroads into the region soon.

The untapped potential of New Gurugram has prompted several real estate developers to foray into the region. The state-of-art office spaces combining retail, entertainment, food, and beverage amenities under one roof are the hallmark of their reality offerings.

Prominent among the developers betting big on New Gurgaon is DLF. The developer has approximately 300 acres of land in this region. It has ambitious plans for the development of over 25 million sq. ft of area in the future. Its marquee offering – DLF Corporate Greens – is redefining the landscape through best-in-class amenities and enhanced customer experience. A recent deal between DLF and American Express, worth Rs 300 crore for nine acres of land – is a testimony to the tremendous potential of the region.

“The Millennium city Gurugram has surfaced as a template for future cities and not just a real estate hub. As a bold and future-focused city and having a strategic location that facilitated excellent connectivity, it is asserted as India’s newest hub for corporates to establish their headquarters, which includes most of India’s Fortune 500 companies. In the last decade, Gurugram’s soaring success has given way to the emergence of New Gurgaon, as the new nerve center and the sub-business district of Gurugram. IT and Manufacturing companies have reasonably dominated this region leading to an explosion of residential hubs around these commercial developments, gentrifying the changing landscape,” says Karan Kumar, CMO, DLF Ltd.

“Located strategically between Manesar and Gurgaon, the area not just enjoys seamless connectivity to New Delhi and other peripheral areas, but its planned infrastructure and availability of housing options across categories make New Gurgaon a preferred location for many. The increase in demand and the rise in ‘walk to work’ culture have led to leading commercial and retail brands settling in this area, making it the upcoming commercial hub of NCR,” adds Kumar.

Plaza at 106 by VIRIDIAN RED is located at a prime location of Dwarka Expressway in sector 106 Gurgaon. According to industry experts, the project is an ideal amalgamation of multi-utility studio, retail and commercial spaces.

Vatika Group and Elan Group are also among the dominant players in the region. Vatika Group houses all its verticals occupying a 1 lakh sq. ft. campus-style office in the 1 million sq. ft. of ready-to-move-in commercial and retail space INXT. Elan has come up with offerings such as Elan Mercado – a three-acre-integrated development with a mix of High-Street Retail, Foodcourt, Multiplex & Luxury Serviced Residences in Sector 80, New Gurgaon.

Vineet Taing, President, Vatika Business Centre, says, “With diversified industries not limited to hospitality, healthcare, retail, banking, education, and many others joining the bandwagon, makes it more attractive for potential investors. Vatika Group, which holds the largest chunk of real estate offerings here in New Gurugram, has also relocated all its verticals occupying 1 lakh sq. ft., campus-style, office which is a part of 1 million sq. ft. of ready-to-move-in commercial and retail space INXT has in the offering, in lines with its vision to be a part of New Gurugram’s growth story. We would soon be launching our Business Centres, Managed Office Spaces and Sub-leased fitted-out spaces in Vatika INXT.”

The commissioning of the Delhi-Mumbai Industrial Corridor and Dedicated Freight Corridor will open new vistas of opportunities and unlock the economic potential of New Gurgaon. Moreover, next-generation mobility systems such as Regional Rapid Transit System (RRTS) and Delhi-Faridabad Metro Rail Link will enhance connectivity, thereby attracting several more companies to establish their base here.

According to industry experts, amid infrastructural developments and increased developers’ interest, New Gurgaon’s commercial boom is here to stay, fuelling residential developments and transforming it into a prominent nerve center and the sub-business district of Gurugram on the lines of DLF Cybercity.

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