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New Delhi, Realty major <keyword id="6362997" type="General" weightage="20" keywordseo="dlf" source="Orion">DLF</keyword> on Monday said it has sold 1,113 luxury apartments in Gurugram for Rs 7,200 crore within three days of pre-launch amid strong demand for residential properties. In a regulatory filing, DLF announced "pre-formal launch sales of approximately Rs 7,200 crore for its latest luxury residential development, <keyword id="20105111" type="General" weightage="20" keywordseo="dlf-privana-south" source="keywords">DLF Privana South</keyword> in Gurugram." In March last year, DLF had sold 1,137 luxury apartments, priced Rs 7 crore and above, in its housing project in Gurugram for over Rs 8,000 crore within 3 days. Now, DLF has launched new project 'DLF Privana South' which is spread over 25 acre in Sectors 76 and 77, Gurugram. "This luxury residential offering by DLF was sold out within 72 hours, in its pre-launch phase," DLF said. The project will comprise 1,113 luxury residences across 7 towers, presenting 4 BHK apartments and penthouses. DLF Privana South will be part of a larger development, "DLF Privana" spread over 116 acre. Aakash Ohri, Joint Managing Director and Chief Business Officer, DLF Home Developers Ltd, said, "The swift pre-launch sellout serves as a testament to the increasing demand for high-rise luxury developments by DLF, delivering the highly aspirational DLF lifestyle." To discourage bulk bookings, each buyer was allotted only one unit, with about 25 per cent of the sales coming from Non-Resident Indians (NRIs), and a booking amount of Rs 50 lakh. DLF has developed more than 158 real estate projects and developed an area in excess of 340 million square feet. DLF Group has 215 million square feet of development potential across residential and commercial segment. The group has an annuity portfolio of over 42 million square feet. DLF is primarily engaged in the business of development and sale of residential properties (Development Business) and the development and leasing of commercial and retail properties (Annuity Business).

Gone in 3 days: DLF sells 1,113 luxury flats for Rs 7,200 cr in new Gurugram project

While looking for a property, you would normally prefer a perfect mix of a great social and civic infrastructure along with proximity to key locations but that’s not all, Housing.com has found that upto 50% Indians prefer to buy practical homes compared to lavish ones. The overwhelming preference for apartments shows the growing acceptance of this property type amongst the urban population who prefer a standard lifestyle with various amenities at a reasonable cost. Based on insights drawn from the traffic witnessed on Housing.com, this research helps to understand the buying trends of Indian home buyers across top 5 cities in India - Mumbai, Delhi-NCR, Bengaluru, Chennai and <keyword id="6354925" type="COMPANY" weightage="20" keywordseo="Kolkata">Kolkata</keyword>. <div type="embedgroup"> <div type="Article" hostid="261" msid="58908111" title="Meet the People Who Risk their Lives to Ensure your Phone Catches Signal Wherever You Go" rank="1.0" kind="RELATED" publishDate="May 30, 2017, 1:20 PM" mstype="2" mssubtype="0"></div></div>






Key highlights from the research include: Top localities for investment • Mumbai’s property market is legendary and the hottest investment destinations in the city today include Thane West, Dombivli East, Mira Road East, Andheri West and Panvel • Delhi and the National Capital Region (<keyword id="53426" type="CITY" weightage="20" keywordseo="NCR">NCR</keyword>) region is bustling with a range of infrastructure development and top localities to invest in the region includes Rohini, Uttam Nagar, Dwarka, Sector 16/Palam Vihar and Noida Extension • Bengaluru, popularly known as the ‘Silicon Valley of India’ is one of the upcoming residential markets in India and top 5 investment localities in the city are Hormavu, K R Puram, Whitefield, Electronic City and J P Nagar • On the back of infrastructural developments, Chennai has been transforming itself into a real estate hotspot. The top localities of the city preferred for investment are Perambur, Kolathur, Ambattur, Madipakkam and Chromepet • The top localities in Kolkata, the capital city of West Bengal are South Dum Dum, Dum Dum, Rajarhat, <keyword id="183467" type="CITY" weightage="20" keywordseo="New-Town">New Town</keyword> and Garia. <div type="embedgroup"> <div type="Article" hostid="261" msid="58894102" title="Ditch Sodas This Summer, Opt For This New Flavoured Green Tea Instead" rank="1.0" kind="RELATED" publishDate="May 29, 2017, 3:30 PM" mstype="2" mssubtype="0"></div></div>






Type of Houses • More than 50% of Indians are interested in buying an Apartment as compared to Villas or Builder floor apartments • Mumbai is fast emerging as the preferred destination for home buyers as 96% of home buyers choose Apartments over Villas and Builder floor apartments • Surprisingly, demand for Apartments in Delhi-NCR was recorded lowest at 54% • The preference for Builder floor apartments is 37% in Delhi and extremely low in other cities (2% in Mumbai, 1% in Bangalore, 3% in Chennai and no preference at all in Kolkata)

 

 

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• 2BHK housing units are the most preferred choice for more than 40% of home buyers in Delhi, Bangalore, Chennai and Kolkata. In Mumbai, 51% home buyers prefer 1 BHK owing to escalating property rates in the city • 3BHK is the next most preferred configuration in Delhi-NCR, Bangalore, Chennai and Kolkata (on an average 20% home buyers prefer 3BHK in these cities) as most of the buyers look for a balance between spacious homes, amenities, luxury and afforbidibility. However, Only 6% home buyers prefer 3BHK in Mumbai stating affordability as the major concern in the region.

Indians prefer buying 2BHK apartments over Villas according to Housing.com

Imagine living in a home that fulfils each of your demands and is in alignment with your day to day life. Taking the concept of adaptability forward, Nikoo <keyword id="30874" type="UNKNOWN" weightage="20" keywordseo="interiors">Interiors</keyword> has come up with a concept in which the discerning millennial/ first-time home buyers can fully furnish their 2 BHK in just 3 lakh rupees with each and every product especially designed by eminent professionals. 
 
Each and every product by Nikoo interiors is designed to be bold &amp; beautiful and at the same time connects with people. Nikoo brings the best of Italian designs to Indian customers at accessible prices. The concept of furnishing a 2 BHK flat in just 3 lakh rupees includes a sofa, a coffee table, a TV cabinet and a dining table for 4, for your living room. The concept also includes a bed, wardrobe and 2 side-tables each for both the bedrooms. All the furniture is Italian and is perfectly in alignment with your furniture needs. 
 
A home is not just a home; it is a place that reflects your personality! Having a place where convenience meets style is nothing less than a boon and Nikoo Interiors makes it all possible at accessible prices. It was not easy to launch such a concept with Italian furniture. To reach the current collection of Nikoo Interiors, a lot of efforts went in. Studying the Indian way of living and understanding their aspirations led us to the current range of Nikoo Interiors. 
 
Each individual and family is different from each other and understanding the difference was the key. We studied different types of families, their configurations, professions, lifestyle, preferences, suitable colour palettes, materials, amongst many other parameters. As a result, we have a very well received Nikoo product range. 
 
In order to reach out to a larger segment of society, we made sure that our clients can buy our products online. The new and unique ‘transformable furniture’ is one of the most important parts of this concept of Nikoo Interiors. To reduce the clutter and to create more modern and attractive spaces, transformable furniture is being used by Nikoo Interiors and it has completely revolutionized the world of furniture. From saving spaces to being lightweight to being sturdy, transformable furniture is everything at once! 
 
Also, to keep the interior décor in budget, selecting the right furniture is the key. Furniture that is transformable and multifunctional is the right choice to save both cost and money. If you have a study table that turns into a bed when required, you don’t need to buy a table and a bed separately. 
 
When imagination is combined with little amount of money, it can instantly add style to any interior. All products of Nikoo Interiors are designed thoughtfully to save space and most of them provide either extra storage or some kind of conversion to save space and give the space a clean and neater look. 
 
The bed options in the concept of fully furnishing a 2 BHK flat in 3 lakh rupees’ are available both with storage and without storage. To make your life easier, Nikoo Interiors has made available plethora of options to choose from. The wardrobes from Italy are available in such great designs and at the same time they are highly functional as the doors are sliding. The extendable dining tables are taking the concept of dining a step forward. A table that can accommodate 6 people when required and acquiring the space of a table for 4 is nothing less than a boon. 
 
The collection of stylish chairs truly enhances the spirit of living room and the wide array of options available make it easier to choose. A table that folds adjacent to the wall when not required, save a lot of space and look a mindful add on to the space. 
 
Also, while opting for a budget décor, using materials from local markets for curtains and other fabric demands of the house can help cut down the cost. Repurposing with what you have is another good option for budget décor; you can enhance the plain walls with differently coloured plates that are anyways waste in home. 
 
While going for the concept of budget décor, it becomes imperative to always hold planning in place. Always have a strict plan before buying any component or executing a plan! Stay in alignment with planning and the décor will fall into place! 
 
(The article is authored by Parushni Aggarwal, Founder &amp; Creative Director, StudioCREO)

Here’s how first-time home buyers can do-up their space in under Rs 3 lakh

<keyword id="3937503" type="UNKNOWN" weightage="20" keywordseo="Chintels-Paradiso">Chintels Paradiso</keyword>, a 1.1 million square foot high-rise apartment complex, has come up in Gurgaon and if you are looking for luxurious, elegant and comfortable living, you shouldn’t miss this one. 
 
There are 532 apartments in nine residential towers. The residential spaces are so designed that you can enjoy ample natural light, cross ventilation and pure air. 
 
Chintels Paradiso has addressed every minute detail in the apartments, which are becoming the most sought after destinations due to its close vicinity to Delhi and International airport. 
 
The price for a 3 BHK is around Rs 1.25 crore, whereas if you are looking for a 4BHK, they price can go up to Rs 2.20 crore. 
 
If you are looking for some inspiration, here are how the apartments look from the inside

This is why these luxurious high-rise apartments in Gurgaon should be your next home

<keyword id="6371761" type="ORGANIZATION" weightage="80" keywordseo="Delhi-Development-Authority">Delhi Development Authority</keyword> (DDA) will sell 152 premium flats at <keyword id="6354367" type="ORGANIZATION" weightage="80" keywordseo="Commonwealth-Games">Commonwealth Games</keyword> Village this June at it’s first ever e-auction. The agency has fixed a base price of Rs 7 crore for each 3 BHK unit. It aims to complete the sale by June end and earn over Rs 1,000 crore. The advertisements are likely to roll out next week. 
 The sale has been long pending since 2012 as the <keyword id="6354952" type="ORGANIZATION" weightage="80" keywordseo="Delhi-Government">Delhi Government</keyword> had requested 60 flats for its official housing pool. It has not responded ever since. 
 DDA Vice-Chairman Balvinder Kumar said the agency has written two to three letters to the <keyword id="6360789" type="ORGANIZATION" weightage="80" keywordseo="Modi-Government">Modi Government</keyword> to no avail. It’ll send one again asking whether the government still wants the apartments. If there’s no reply the DDA will go ahead with the sale. 
 Officials predict the final price would be well over the reserve price, thanks to the great demand for housing. The cost to DDA for <keyword id="645313" type="UNKNOWN" weightage="80" keywordseo="CWG-flats">CWG flats</keyword> in 2009 was around Rs 11,000 per square feet. The authority sold it for Rs 22,000 per sq feet in 2012. 
 
(Image: Indiatimes)

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Gone in 3 days: DLF sells 1,113 luxury flats for Rs 7,200 cr in new Gurugram project

PTI

Indians prefer buying 2BHK apartments over Villas according to Housing.com

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Here’s how first-time home buyers can do-up their space in under Rs 3 lakh

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This is why these luxurious high-rise apartments in Gurgaon should be your next home

Akanksha Jain

Good news for home buyers. DDA to soon auction CWG flats

BI India Bureau

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