In 2023-24, developers and entities finalised 101 land deals totaling 2,989 acres in India, driven by high residential demand. Major deals occurred in top cities, with tier 2 and 3 cities also showing growth potential. Notable increases were seen in residential, plotted development, and township projects, reflecting a buoyant market.
The contractor will have to complete the demolition process of Signature View Apartment in 120 days after award of the contract. The apartment complex is yet to be fully vacated.
According to the documents, the apartment having a size of 10,813 square feet is housed in DLF The Camellias, which is a high-end luxury condominium located on Golf Course Road, DLF Phase 5 in Gurugram. The apartment comes with five parking spaces, documents showed.
Analysts attribute this rise to a rise in people’s increasing preference for shared experiences and a greater proclivity to indulge in leisure activities.