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Business Standard
12-05-2025
- Business
- Business Standard
Dwarka Expressway: A Trifecta of Opportunity Reshaping Delhi-NCR's Future
NewsVoir Delhi NCR [India], May 12: Think of one of the fastest-growing real estate micro-markets in NCR in all probability, the name of Dwarka Expressway would first flash across your mind. Stretching between Delhi's Dwarka and Gurugram's Manesar, this eight-lane expressway has become the National Capital Region's (NCR) most explosive growth story, with property prices surging 58% year-on-year in Q4 2024. For developers, homebuyers, and housing finance companies (HFCs), it represents a rare alignment of opportunity. The Numbers Behind the Boom Data paints a staggering picture. According to Anarock's October 2024 Micro Market Report, average property prices along the expressway have risen 83% over the past 6.5 years, while PropEquity notes a 101% leap--from Rs. 8,630 to Rs. 17,357 per sq. ft.--between 2021 and mid-2024. Despite a 15% increase in housing supply (4,329 to 5,012 units annually), prices climbed 30% in 2024 alone, highlighting a demand-supply mismatch tilted firmly in favour of sellers. Over 26,800 residential units have been launched since 2018, accounting for 23% of Gurugram's total supply. This isn't just growth; it's a structural shift. Dwarka Expressway, riding high due to its proximity to Delhi and Gurugram, is rewriting the rules of urban development. Its emergence as a premium residential hub, backed by premium developments from trusted and reputed developers, has significantly enhanced the region's aspirational value and investment appeal," says Ishaan Singh, Director, AIPL. Sandeep Chhillar, Founder and Chairman, Landmark Group, says, "The catalyst behind Gurugram's breakout year lies in infrastructure, and Dwarka Expressway is a textbook case of how connectivity transforms value. The corridor is not just improving mobility but also elevating lifestyles. We're witnessing a dramatic shift in buyer preference towards large and premium homes, especially 3 and 4 BHKs, as affluent buyers seek more than just square footage. As revealed by CBRE, luxury housing sales in Delhi-NCR grew by 28% year-on-year in 2024, and Dwarka Expressway played a key role in this surge. This corridor will continue seeing portfolios aligned with these growth arteries, catering to the lifestyle needs in the future." "This 29-km corridor (19 km Gurugram section inaugurated as of now) is unlocking value for developers, homebuyers, and lenders alike. It has emerged as a corridor where infrastructural development, policy foresight, and relentless thrust to make it the best residential and commercial hubs have turned into a defining principle," says Rajjath Goel, Managing Director, MRG Group. Dr. Gautam Kanodia, Founder of KREEVA and Kanodia Group says, "Dwarka Expressway has emerged as a game changer for NCR's real estate market. With enhanced connectivity to key business hubs and housing corridors, Dwarka Expressway has been propelling the growth of NCR's real estate across housing and commercial segments. Driven by rapid infra upgrades, increased demand for quality living and high potential commercial projects, this stretch opens up the vast potential for integrated townships, luxury projects and commercial developments. The expressway is setting benchmarks for realty markets' growth in Delhi-NCR by not only improving the connectivity across NCR but creating a new urban model redefining lifestyle, accessibility and value creation in NCR." "Dwarka Expressway has emerged as one of NCR's most strategic growth corridors, driven by infrastructure upgrades, proximity to Delhi, and a maturing buyer profile. For developers like us, it brings together location, policy push, and sustained buyer interest, enabling the creation of high-value residential ecosystems. The focus now is on delivering not just homes, but future-ready, aspirational addresses with enduring financial and lifestyle returns," says Vishesh Rawat, VP & Head of Sales, Marketing, and CRM, M2K Group. "Gurugram's luxury real estate market is experiencing an unprecedented boom, and the Dwarka Expressway is at the heart of this transformation, From an emerging corridor to a prime destination for premium housing, this region has seen exceptional appreciation in property values. The surge is driven by a trifecta of opportunity: strong demand from lifestyle-focused homebuyers, aggressive investments by developers, and strong interest from financial institutions. With Gurugram's evolving social infrastructure and its appeal as a corporate hub, we anticipate continued growth, promising lucrative returns for investors and a sophisticated living environment for residents," says Dimple Bhardwaj, Head of Channel Sales & Marketing, at Better Choice Realtors Pvt Ltd. The crown jewel is the Rs. 1 lakh crore Global City project--a 1,000-acre smart hub near Sector 36B. With the first phase slated for completion starting in late 2025, its mix of commercial towers, luxury residences, and green spaces aims to mirror Dubai's Business Bay. Homebuyers: Connectivity Meets Convenience For buyers, the expressway's value proposition hinges on connectivity and future-proofing. The corridor's upcoming infrastructure--a 16-lane highway, India's widest tunnel (opening May 2025), and a proposed metro line--promises sub-30-minute commutes to Delhi, Gurugram, and the Indira Gandhi International Airport. "Analysts argue the area's aspirational branding--often likened to Singapore and Dubai--resonates with young professionals. Premium amenities like smart home tech, private parks, and concierge services now dominate new launches, with Knight Frank reporting a 31% YoY price jump in NCR's luxury segment (early 2025)," says Vikas Dua, Founder & Director at Chintamanis. Analysts argue the area's aspirational branding--often likened to Singapore and Dubai--resonates with young professionals. Premium amenities like smart home tech, private parks, and concierge services now dominate new launches, with Knight Frank reporting a 31% YoY price jump in NCR's luxury segment (early 2025). HFCs: Riding the Loan Wave For housing finance companies, the corridor's price surge has been a boon. Higher property values mean larger loan portfolios, while the influx of high-income buyers reduces default risks. Almost all financial institutions have reported an uptick in loan applications for Dwarka Expressway properties in 2024, with average ticket sizes ranging from Rs. 1-3 crore. Dwarka Expressway stands as a test case for India's urban ambitions. For stakeholders, the rewards are high. This isn't just a highway but a roadmap for India's premium housing ambitions. With Rs. 1 lakh crore in active investments and 20,000 jobs expected from Global City alone, the trifecta of opportunity shows no sign of slowing.
Fashion Value Chain
12-05-2025
- Business
- Fashion Value Chain
Dwarka Expressway: A Trifecta of Opportunity Reshaping Delhi-NCR's Future
Think of one of the fastest-growing real estate micro-markets in NCR in all probability, the name of Dwarka Expressway would first flash across your mind. Stretching between Delhi's Dwarka and Gurugram's Manesar, this eight-lane expressway has become the National Capital Region's (NCR) most explosive growth story, with property prices surging 58% year-on-year in Q4 2024. For developers, homebuyers, and housing finance companies (HFCs), it represents a rare alignment of opportunity. The Numbers Behind the Boom Data paints a staggering picture. According to Anarock's October 2024 Micro Market Report, average property prices along the expressway have risen 83% over the past 6.5 years, while PropEquity notes a 101% leap-from Rs. 8,630 to Rs. 17,357 per sq. ft.-between 2021 and mid-2024. Despite a 15% increase in housing supply (4,329 to 5,012 units annually), prices climbed 30% in 2024 alone, highlighting a demand-supply mismatch tilted firmly in favour of sellers. Over 26,800 residential units have been launched since 2018, accounting for 23% of Gurugram's total supply. Dwarka Expressway: A Trifecta of Opportunity Reshaping Delhi-NCRs Future This isn't just growth; it's a structural shift. Dwarka Expressway, riding high due to its proximity to Delhi and Gurugram, is rewriting the rules of urban development. Its emergence as a premium residential hub, backed by premium developments from trusted and reputed developers, has significantly enhanced the regions aspirational value and investment appeal,' says Ishaan Singh, Director, AIPL. Sandeep Chhillar, Founder and Chairman, Landmark Group, says, 'The catalyst behind Gurugram's breakout year lies in infrastructure, and Dwarka Expressway is a textbook case of how connectivity transforms value. The corridor is not just improving mobility but also elevating lifestyles. We're witnessing a dramatic shift in buyer preference towards large and premium homes, especially 3 and 4 BHKs, as affluent buyers seek more than just square footage. As revealed by CBRE, luxury housing sales in Delhi-NCR grew by 28% year-on-year in 2024, and Dwarka Expressway played a key role in this surge. This corridor will continue seeing portfolios aligned with these growth arteries, catering to the lifestyle needs in the future.' 'This 29-km corridor (19 km Gurugram section inaugurated as of now) is unlocking value for developers, homebuyers, and lenders alike. It has emerged as a corridor where infrastructural development, policy foresight, and relentless thrust to make it the best residential and commercial hubs have turned into a defining principle,' says Rajjath Goel, Managing Director, MRG Group. Dr. Gautam Kanodia, Founder of KREEVA and Kanodia Group says, 'Dwarka Expressway has emerged as a game changer for NCR's real estate market. With enhanced connectivity to key business hubs and housing corridors, Dwarka Expressway has been propelling the growth of NCR's real estate across housing and commercial segments. Driven by rapid infra upgrades, increased demand for quality living and high potential commercial projects, this stretch opens up the vast potential for integrated townships, luxury projects and commercial developments. The expressway is setting benchmarks for realty markets growth in Delhi-NCR by not only improving the connectivity across NCR but creating a new urban model redefining lifestyle, accessibility and value creation in NCR.' 'Dwarka Expressway has emerged as one of NCR's most strategic growth corridors, driven by infrastructure upgrades, proximity to Delhi, and a maturing buyer profile. For developers like us, it brings together location, policy push, and sustained buyer interest, enabling the creation of high-value residential ecosystems. The focus now is on delivering not just homes, but future-ready, aspirational addresses with enduring financial and lifestyle returns,' says Vishesh Rawat, VP & Head of Sales, Marketing, and CRM, M2K Group. 'Gurugram's luxury real estate market is experiencing an unprecedented boom, and the Dwarka Expressway is at the heart of this transformation, From an emerging corridor to a prime destination for premium housing, this region has seen exceptional appreciation in property values. The surge is driven by a trifecta of opportunity: strong demand from lifestyle-focused homebuyers, aggressive investments by developers, and strong interest from financial institutions. With Gurugram's evolving social infrastructure and its appeal as a corporate hub, we anticipate continued growth, promising lucrative returns for investors and a sophisticated living environment for residents,' says Dimple Bhardwaj, Head of Channel Sales & Marketing, at Better Choice Realtors Pvt Ltd. The crown jewel is the Rs. 1 lakh crore Global City project-a 1,000-acre smart hub near Sector 36B. With the first phase slated for completion starting in late 2025, its mix of commercial towers, luxury residences, and green spaces aims to mirror Dubai's Business Bay. Homebuyers: Connectivity Meets Convenience For buyers, the expressway's value proposition hinges on connectivity and future-proofing. The corridor's upcoming infrastructure-a 16-lane highway, India's widest tunnel (opening May 2025), and a proposed metro line-promises sub-30-minute commutes to Delhi, Gurugram, and the Indira Gandhi International Airport. 'Analysts argue the area's aspirational branding-often likened to Singapore and Dubai-resonates with young professionals. Premium amenities like smart home tech, private parks, and concierge services now dominate new launches, with Knight Frank reporting a 31% YoY price jump in NCR's luxury segment (early 2025),' says Vikas Dua, Founder & Director at Chintamanis. Analysts argue the area's aspirational branding-often likened to Singapore and Dubai-resonates with young professionals. Premium amenities like smart home tech, private parks, and concierge services now dominate new launches, with Knight Frank reporting a 31% YoY price jump in NCR's luxury segment (early 2025). HFCs: Riding the Loan Wave For housing finance companies, the corridor's price surge has been a boon. Higher property values mean larger loan portfolios, while the influx of high-income buyers reduces default risks. Almost all financial institutions have reported an uptick in loan applications for Dwarka Expressway properties in 2024, with average ticket sizes ranging from Rs. 1-3 crore. Dwarka Expressway stands as a test case for India's urban ambitions. For stakeholders, the rewards are high. This isn't just a highway but a roadmap for Indias premium housing ambitions. With Rs. 1 lakh crore in active investments and 20,000 jobs expected from Global City alone, the trifecta of opportunity shows no sign of slowing.
Scottish Sun
29-04-2025
- Entertainment
- Scottish Sun
Molly-Mae Hague admits she fears Tommy Fury romance could be ‘destroyed' after confirming relationship
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) MOLLY-MAE Hague admits she fears her rekindled relationship with Tommy Fury could be "destroyed" after their reunion. The 25-year-old repaired her romance with boxer Tommy after their split last August following reports he cheated on her on a lads' holiday abroad. 6 Molly-Mae Hague has opened up about her relationship with Tommy Fury Credit: Behind it All 6 The couple are back together after a difficult year Credit: Getty 6 Molly breaks down in a trailer for her new reality show Credit: Behind it All Since the New Year, they have slowly been rebuilding their relationship, and Molly reveals in the new trailer for her Behind It All series on Prime Video that things are back on track. But there is a wary edge to her words as she says: "Things are looking like they are heading in a good direction but by tomorrow could it all be destroyed again?" Her concerned sister Zoe then asks: "Have you actually addressed the problems?" Following the split, Tommy admitted to having a drinking problem which led him to go through a spell of wild partying and experience drunken blackouts. Earlier this month, Molly gave candid update in her YouTube vlog, saying the pair are "just figuring things out". She revealed she was spending time between her home and Tommy's after he moved out of their £3.5m Cheshire pad. Molly said: 'I'm not actually at my house, I'm at Tommy's house. "Well, I've been thinking a lot today about how I skipped a massive chapter in everything that went on with mine and Tommy's break-up. 'Basically I don't know if you guys remember but just before we split up, I kept talking about how we were going to have a big change as a family and no one knows about it, and basically we were in the process of moving house.' She continued: 'My whole house got completely packed up and we moved over into this house, and I don't know why but now is the right time to open up.' Molly-Mae Hague breaks silence on Tommy Fury reunion as she admits spending more time at his house saying 'we're just figuring things out' Molly explained that after the breakup, she temporarily moved back into her original home – but only briefly. 'When Tommy and I split up I moved back to the original house so I moved for a short amount of time, like not even long enough to tell you guys, and I was just about to tell you but then sadly our relationship ended,' she said. 'It was even more of a hard time than anyone realised because my house was completely empty. I had people coming to view it to rent it. So yeah I moved house and no one knew. So that was all going on among everything. It was a lot of turmoil. It was shambles.' She added: 'The point is I have been spending a little more time recently back at the house I moved into, and I just want to be transparent about it because I probably will be vlogging here a little bit. I don't want to hide anything because that is not me.' 'It doesn't mean anything, it might mean something, but I hope it doesn't get read into too much. It is just life and we are just figuring things out.' 'Hopefully, in a dream world, I get to a place where I am permanently in this house and I guess this will make a little more sense as to why Zoe and Danny have moved into my house.' 6 Molly's sister Zoe asked if they'd fixed their issues Credit: Behind it All 6 Molly with daughter Bambi, two Credit: Instagram/Molly Mae The couple were recently pictured at Centre Parcs on a fun-filled mini-break with daughter Bambi, two. Tommy clearly enjoyed the getaway, taking to social media to call it the 'best one ever'. He could be seen walking hand-in-hand with his daughter, who clutched onto a doll toy as she walked along. The pair stayed at Sherwood Forest Center Parcs in Nottinghamshire, where on-site activities include climbing, cycling, crafting and adventure golf. It was Molly and Tommy's second holiday in a matter of weeks after they jetted to Dubai. Influencer Molly raked in astonishing £48,000-a-week last year from her burgeoning business empire. The Love Island runner-up runs her clothes label and tanning products line and earns a fortune from lucrative ad deals. She does ad partnerships with the likes of Aveeno, Bentley Motors and JD Sports and can command up to £60,000 per post. The mum-of-one also has almost 2 million subscribers on YouTube and penned a best-selling book.
The Herald Scotland
28-04-2025
- Health
- The Herald Scotland
Prison deaths in Scotland soar to record high, study finds
Most of the deaths in Scottish prisons last year were due to health conditions, suicide or were drug related. The annual report "Nothing to See Here? Deaths in Custody and their Investigation in Scotland in 2024" which is published today by the Scottish Centre for Crime and Justice Research examined the number of people who had died while in prison, police custody, in mental health facilities, in immigration detention centres and in care settings for looked after children and young people. It found that in total 244 people died in Scotland while detained in custody or under the control of the state in 2024, equivalent to more than four deaths per week. A total of 16 children and young people died in care. READ MORE: Riot fears amid record prisoner numbers and overcrowding Scotland facing 'critical risk' from overcrowding in prisons Read all articles in our Scotland's Prisons: Crisis Behind Bars series A majority of the 244 deaths - 138 - occurred among those detained on mental health grounds, 19 were after police contact and a further three in police custody. Three people died while detained in immigration centres, and one inpatient with learning disabilities died while living in hospital. The report comes just weeks after a major week-long investigative series by The Herald examined prison overcrowding Scotland and how the crisis impacted on staff and prisoners, including hindering work to rehabilitate offenders. Our paper reported on fears among prison governors of a new wave of rioting in the institutions, on drug problems in prisons, as well the rising cost to the public purse as the prison population continues to grow. The Herald visited the new women's prison HMP Stirling (Image: Gordon Terris/The Herald) Professor Sarah Armstrong, who led the research team, underlined the sharp rise in prison deaths. 'Last year we reported there were 40 deaths in prisons in 2023 which has now surged to 64 in 2024. It is of real concern that the mortality rate in our prisons has more than doubled in the last decade and is now among the highest in Europe," she said. "When we looked at international comparators our death rates are more like Azerbaijan and Moldova, where torture and corruption have been documented, than England and Wales.' She added: 'The reasons behind the recent increase could both be due to the challenging physical environment of prison and the regimes inside it. "Poor air quality, access to healthcare, extended periods of time being locked in cells and increased isolation from others, can all cause poor health, exacerbate existing conditions, and lead to a loss of hope. 'We also identified a recurring pattern in prison deaths with officers not completing cell checks adequately, health concerns of prisoners being treated by staff as drug seeking behaviour and signs of poor or declining mental health not being acted upon. 'Despite the Scottish Prison Service's commitment to learn from each death in custody, it is worrying to see deaths occurring in similar circumstances year after year.' A Fatal Accident Inquiry (FAI) is mandatory after someone dies in prison or in police custody, however as the majority of the 244 deaths did not take place in those settings they will not be subject to such an inquiry. The research study pointed out this meant very little is known publicly about the identities of the people who died and why they died. The Procurator Fiscal may order a discretionary FAI where a death has been sudden or unexplained, or where families have called for one. However in practice only a small number of discretionary FAIs are held. While an FAI does not hold anyone accountable for a death, even where one is ruled to have been preventable, a sheriff may make "findings" that identify problems. And in cases where FAIs are mandatory, loved ones had to wait on average of 3.5 years from the date of the death until the FAI determination was published, the study found. It revealed the longest wait - a death in police custody – was 10 years. When internal reviews were carried out by NHS Scotland, the Scottish Prison Service, the National Hub or the Police Investigation and Review Commissioner (PIRC) researchers reported a wide variance in how involved families were and how transparent each organisation was in sharing their findings. Co-author of today's report, Linda Allan, Honorary Clinical Associate Professor at the University of Glasgow, said she found the lack of transparency, access to data and accountability from institutions that were meant be looking after people, unacceptable. 'More than four people including children and young people die every week in this country while they are under the care of the state and it is unacceptable that in many cases we will never know what their names were, how they lived their lives, what led to their death and what these organisations are doing to stop it from happening again. 'We need independent, timely investigations for every death that occurs while someone is in the care of the state. We need to see robust data gathered, for internal reviews to be made public to ensure transparency, and for families to be included at every stage of the process. A Scotland where these things don't happen is a Scotland that doesn't care.' The researchers found that numbers often didn't match for agencies reporting deaths of the same population. Professor Armstrong stated: 'We can't even be sure the government knows who or how many are dying in their care. She added: 'With this now being our fourth annual report, it seems we are further away than ever before from being the compassionate, progressive jurisdiction that the Scottish Government claims us to be.' Data from the Scottish Prison Service revealed there were 14 suicides in the country's prisons last year, the same number as in 2019 and 2022. A Scottish Prison Service spokesperson said: 'Every death, whether in prison custody or in our communities, is a tragedy for all those who knew and supported the individual. 'We are determined to deliver systemic change, at pace, to how we support people in our care, in a way which will be enduring, transparent, and impactful." The Scottish Centre for Crime and Justice Research is a collaboration between the Universities of Glasgow, Edinburgh, Edinburgh Napier, Stirling and Strathclyde. SCCJR aims to produce research that informs policy and practice and advances our understanding of justice.
Yahoo
25-04-2025
- Sport
- Yahoo
Luca Pellegrini admits: 'I've always been a Lazio fan.'
Former Roma defender Luca Pellegrini looked back on his years with the Giallorossi while talking to Behind the Baller. 'I started my football career at Roma, where I went through the entire youth sector there from 11 to 17/18 years old,' said Pellegrini who found a new – albeit controversial – home at Lazio. Advertisement 'I remember that we won every competition we played in, I was lucky on that. I made my debut there with the first team,' explained the defender. A period that represents the beginning of his journey, then continued between Cagliari, Juventus, Genoa and Eintracht Frankfurt. 'Most of us Lazio fans dreamed of this,' he admitted, recalling the move to the Biancocelesti from Roma. A statement that goes hand in hand with the relationship he has cultivated over time with the Lazio environment. 'It was the beginning of a fairy tale that continues today and that I hope can continue for a long time. We are doing well, Rome is my home and I don't think there is anything a footballer can ask for more than what I am experiencing.'
