DLF Chairman Rajiv Singh is India's wealthiest real estate businessman: Report. business

DLF Chairman Rajiv Singh is India’s wealthiest real estate businessman: Report.

New Delhi, May 23 (PTI) DLF Chairman Rajiv Singh has retained his position as the richest real estate tycoon in India, with a net worth of Rs 59,030 crore, according to the Grohe-Hurun India Real Estate Rich List 2023.

The report, which was released on Tuesday, ranked 100 people from 67 companies and 16 cities. It found that the wealth of 61% of the people on the list increased, while 36 saw a decrease in assets. Additionally, 25 new faces joined the list.

Mangal Prabhat Lodha of Macrotech Developers (Lodha Group) and his family were ranked second on the list, with a net worth of Rs 42,270 crore. Arjun Menda and family of Bengaluru-based RMZ Corp secured the third spot with a net worth of Rs 37,000 crore. Chandra Raheja and family of K Raheja Corp secured the fourth position with a wealth of Rs 26,620 crore.

Anas Rahman Junaid, managing director and chief researcher, Hurun India, said that the rise of new entrepreneurs in the real estate sector is evident from the fact that 25% of the people on the list are first-time entrants.

“The real estate sector is one of the most important sectors in the Indian economy, and the rise of new entrepreneurs is a positive sign for the sector,” Junaid said. “These entrepreneurs are bringing new ideas and innovation to the sector, which is helping to drive growth.”

The report also found that Maharashtra and Gujarat accounted for 40% of the wealth on the list. The top 10 cities on the list were Mumbai, Delhi, Bengaluru, Hyderabad, Pune, Kolkata, Chennai, Ahmedabad, Lucknow, and Gurgaon.

Indian Women Are Investing in Real Estate: Here's Why Uncategorized

Indian Women Are Investing in Real Estate: Here’s Why

Women are becoming increasingly important to real estate developers in India. In the past, women were primarily seen as decision-influencers when it came to buying a home, but today they are making their own decisions and taking ownership of their financial future.

There are a number of reasons for this shift. First, women are entering the workforce in greater numbers and earning higher salaries. This gives them more financial independence and the ability to make their own investment decisions. Second, women are marrying later in life and having fewer children. This means that they have more disposable income and can afford to buy a home sooner. Third, the government and banking system are offering a number of incentives to encourage women to become homeowners.

As a result of these factors, the number of women buying homes in India is on the rise. A recent survey by ANAROCK Property Consultants found that 57% of women respondents prefer real estate as an investment asset class, while 28% prefer the stock market, 11% prefer fixed deposits, and 4% prefer gold.

Developers are taking note of this trend and are actively targeting their marketing campaigns to women. They are also working with banks to offer lower interest rates and other incentives to women borrowers.

The rise of women homeownership is a positive trend for India. It is helping to empower women and give them more financial independence. It is also helping to boost the economy by increasing demand for housing.

Benefits of Homeownership for Women

There are many benefits of homeownership for women, including:

  • Financial security: Homeownership is a long-term investment that can provide financial security for women in their retirement years.
  • Independence: Homeownership gives women a sense of independence and control over their lives.
  • Stability: Homeownership can provide stability and security for women and their families.
  • Prosperity: Homeownership can lead to prosperity for women and their families by providing a sense of community and belonging.

How to Buy a Home as a Woman

If you are a woman who is considering buying a home, there are a few things you can do to prepare:

  • Get pre-approved for a mortgage: This will give you an idea of how much you can afford to borrow and will make the home buying process go more smoothly.
  • Save up for a down payment: A down payment of at least 20% will help you avoid paying private mortgage insurance (PMI).
  • Do your research: Learn as much as you can about the home buying process and the different types of mortgages available.
  • Get help from a real estate agent: A good real estate agent can help you find the right home and negotiate the best price.

Buying a home is a big decision, but it can be a very rewarding one. With careful planning and preparation, women can achieve the dream of homeownership.

In June, Prime Minister Modi to inaugurate Gurugram section of the much-awaited Dwarka Expressway Uncategorized

In June, Prime Minister Modi to inaugurate Gurugram section of the much-awaited Dwarka Expressway

The Gurugram section of the Dwarka Expressway is expected to be officially inaugurated by Prime Minister Narendra Modi in June. However, the start date for the project has not yet been determined. Before the opening, Union Minister for Road Transport and Highways, Nitin Gadkari, will visit the expressway. This project is Prime Minister Modi’s dream project and a plan has been devised to have him open the Gurugram section of the expressway. The authorities aim to complete the whole cloverleaf flyover at the Kherki Daula toll plaza on the Delhi-Jaipur Motorway, as well as the Gurugram segment of the Dwarka Expressway, by May 15.

The Dwarka Expressway is a 23 km long project, worth Rs 9,000 crore, spanning 18.9 kilometres in Gurugram and 10.1 km in Delhi. About 4 kilometres of the project is currently under construction. Of the 23 km, 3.6 km will be covered by the Dwarka Motorway to Palam Airport tunnel. Furthermore, an underpass will be constructed to connect the Delhi-Gurugram Motorway to the Dwarka Motorway in Mahipalpur.

This week, senior district administration officials, along with officials from the National Highway Authority of India (NAHI), will visit the Dwarka Motorway. The Northern Peripheral Road, commonly known as Dwarka Expressway, starts from Shiv-Murti on NH-8 (Delhi-Gurugram expressway) and ends near Kherki Daula Toll Plaza, through Dwarka Sector 21, Gurugram border, and Basai. It is expected to ease traffic on the Delhi-Gurgaon Expressway and other major roads.

New Dwarka Expressway to Revolutionize Travel: Linked with Delhi-Mumbai Expressway Uncategorized

New Dwarka Expressway to Revolutionize Travel: Linked with Delhi-Mumbai Expressway

Delhi is one of the busiest cities in India and is known for its congested roads and high levels of pollution. The Dwarka Expressway is a much-awaited stretch of road that is set to connect Dwarka to Gurugram, reducing traffic and pollution in the Delhi NCR region.

The new segment of the Dwarka Expressway is expected to be launched in July and will have a 29-kilometre-long stretch with a 19-km stretch in Gurugram. The expressway will divert over 60 percent of the traffic on NH 48, making commutes for Haryana and South Delhi commuters much smoother.

One of the major benefits of the new Dwarka Expressway is the reduced traffic on Sohna Road and Golf Course Road in Gurugram. These roads have been notorious for their traffic congestion, and the new expressway is expected to be a huge relief for commuters who have been facing this problem for years. Additionally, the expressway will help reduce pollution in the area by cutting down on traffic.

The Dwarka Expressway will be a part of the ‘Golden Quadrilateral’ – a network of expressways being constructed across various parts of India. This will connect major cities such as Delhi, Chennai, Kolkata, and Mumbai. Once completed, the entire expressway will be a major boost to the country’s transportation infrastructure. It will also be connected to the Delhi-Mumbai Expressway, which is the country’s biggest roadways project to date.

One of the primary goals of the Dwarka Expressway is to reduce pollution and travel time across Delhi NCR. The new segment will directly connect Dwarka to Gurugram, cutting down on travel time significantly. Commuters who have been struggling with traffic congestion and pollution in the area will benefit greatly from this new road.

The Delhi-Mumbai Expressway’s first phase was launched earlier this year by PM Modi. The Delhi-Sohna-Dausa stretch of the highway connects Delhi to Jaipur and other cities in Rajasthan. This is expected to be a game-changer for transportation infrastructure in the country.

In conclusion, the launch of the new segment of the Dwarka Expressway connecting Dwarka to Gurugram is expected to be a major relief for commuters in the area. It will cut down on traffic congestion and pollution, making travel easier and faster. The expressway is part of the country’s effort to improve transportation infrastructure and connect major cities. With its many benefits, the Dwarka Expressway is sure to make a positive impact on the Delhi NCR region.