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Indian Express
3 days ago
- Business
- Indian Express
From Dwarka Expressway to Golf Course Extension, places in Delhi-NCR where home prices have risen the most in 10 years
If you bought a house in Dwarka Expressway a decade ago, chances are its value has almost tripled, and in Greater Noida, its value in the same period has grown by a factor of 3.25, according to a report by ANAROCK Research. 'The reason for the price rise is largely because of the various infrastructure developments, and improved connectivity in these areas, which inevitably boosted homebuyer demand over the years. Moreover, these were the top areas with maximum new supply in the last several years,' Santhosh Kumar, Vice Chairman, ANAROCK Group, told The Indian Express. 'Sales too remained significantly high in the areas over the years as developers sought to launch projects here based on homebuyer demand,' Kumar added. As per data gathered by ANAROCK Research, here are the top five areas where real estate prices have appreciated the most from 2015 to 2025 (till date): Greater Noida West saw the maximum price appreciation of 225 per cent during the period, from Rs 2,750 per square foot in 2015 to Rs 8,950 per sq ft in Quarter 1 (Q1) of 2025. New Gurgaon was the second top locality that saw average property prices rise by 215 per cent during the period. They rose from approximately Rs 3,700 per sq ft in 2015 to nearly Rs 11,670 per sq ft in Q1 2025. Dwarka Expressway in Gurgaon saw average prices rise by 160 per cent during the same period, from Rs 4,730 per sq ft to nearly Rs 12,300 per sq ft as of Q1 2025. Sohna saw an average property price rise of 88 per cent, from Rs 3,600 per sq ft in 2015 to nearly Rs 6,780 per sq ft in Q1 2025. Golf Course Extension saw average prices rise by 108 per cent during the period. They rose from Rs 6,500 per sq ft in 2015 to Rs 13,500 per sq ft in Q1 2025. The above data does not include the prices of plotted developments and government housing.
Hindustan Times
28-04-2025
- Sport
- Hindustan Times
Long road to revival for men's relay team
New Delhi: It was only a couple of seasons ago that the Indian men's 4x400m relay team made headlines with a blistering run at the 2023 Budapest World Athletics Championships. India set an Asian record (2:59.05) in the heats, running neck-and-neck with runners of powerhouse US, and finished a stunning fifth in the final (2:59.92). The team of Muhammed Anas Yahiya, Muhammed Ajmal, Amoj Jacob and Rajesh Ramesh extended their hot streak with gold at the Hangzhou Asian Games later that year. The Paris Olympics last year didn't turn out to be a happy hunting ground. A season's best of 3:00.58secs wasn't good enough to qualify for the final. Japan got back their Asian record in the final (2:58.33secs). The Athletics Federation of India (AFI) has since looked beyond the established quartet in search of fresh faces for the new Olympic cycle. At the World Athletics Relays in Guangzhou, China (May10-11) and at the upcoming Asian Championships in Gumi, South Korea (May 27-31), India will field a new and inexperienced side. Dharamveer Choudhary, Rince Joseph, Tushar Kanti, Jay Kumar, Mohit Kumar, TS Manu, Santhosh Kumar, Tamilarasan and TK Vishal are the members. Among them, only Santhosh Kumar was part of the Paris Olympics squad. While revamp is a welcome sign, the results at the just-concluded National Federation Senior Athletics Championships in Kochi wasn't heartening. None of the male 400m runners could breach the Asian qualification mark of 45.36secs. TK Vishal came first clocking 46.19secs, followed by Jay Kumar (46.33secs). Amoj, who was part of the Asian Games winning quartet, also ran but looked woefully out of form and didn't finish in the final. He has been drafted into the world relay squad, but only in the mixed squad. After such performances, AFI couldn't select anyone in the individual 400m for the Asian Championships. 'The relay team is being sent for both meets but it's a long way to go. The timings need to improve. There are some fresh faces and it might take some time to rebuild the team,' said an official. The world relays is the qualifying event for the world championships in September and it will be quite a task for the Indian team to secure a place for Tokyo (16 teams will qualify). Earlier this year, AFI was taken by surprise when some of the members from the established squad refused to train with the Jamaican coach Jason Dawson, under whom the team had taken impressive strides. AFI refused to budge and placed its faith on Dawson. The relay camp has been going on at the National Centre of Excellence, Thiruvananthapuram. The federation announced that only campers would be picked in the relay teams for international meets. 'There were some (athletes) who didn't want to train with the foreign coach because they felt the training was too harsh,' AFI spokesperson Adille Sumariwalla had said. 'Unless you do hard training, there is no way you can win medals at the Olympics. You have to run three races at the Olympics. We are very clear that those who want to join the camp are welcome. Others won't be part of relay teams,' he had said.
Time of India
28-04-2025
- Time of India
Ex-cop ‘seizes' mobile phone, held
Trichy: A month after being dismissed from service, a former police constable was arrested on Sunday for conning a man of his mobile phone near Srirangam. Police said R Arun from Sivaganga district visited Srirangam on Sunday to perform rituals for his ancestors on the Cauvery riverbank. Former constable P Santhosh Kumar, 32, approached Arun as a police officer and told him he needed 'to inquire him based on suspicion' and 'confiscated' his mobile phone. He then asked Arun to come to the Srirangam police station and wait for him. After reaching the station, Arun realized that he was cheated and lodged a complaint at the station. Police went through CCTV footage and identified Santhosh Kumar and arrested him. Santhosh Kumar was previously working at the Navalpattu police station in Thiruverumbur subdivision in Trichy district. He was dismissed in March for 'prolonged absence' from duty. Police booked him under BNS Section 304 (snatching). He was remanded in judicial custody.
Indian Express
25-04-2025
- Business
- Indian Express
In 5 years, Delhi-NCR sees 81% jump in property prices; Noida clocks highest surge
Residential property prices in the National Capital Region (NCR) have surged by 81 per cent over the last five years, according to a report released by real estate consultancy Anarock. Leading the price growth is Greater Noida, which witnessed a staggering 98 per cent increase — from Rs 3,340 per sqft in the first quarter (Q1) of 2020 to Rs 6,600 per sqft in Q1 2025. The report, titled NCR Real Estate – A Beacon of Growth and Opportunity, highlighted trends across the region's real estate sector from 2020 to 2025. Noida followed with a 92 per cent jump in average property prices to Rs 9,200 per sqft, while Gurgaon saw an 84 per cent rise to Rs 11,300 per sqft. Delhi continued to have the highest average property prices at ₹25,200 per sqft, though it posted a relatively modest increase of 38 per cent. Despite price hikes, NCR's unsold housing inventory dropped 51 per cent in the five-year period, the report noted. From approximately 1.73 lakh units in the first quarter of 2020, the inventory fell to about 84,500 units by Q1 2025. Noida recorded the sharpest fall in unsold stock — down by 72 per cent — followed by Ghaziabad (58%) and Greater Noida (56%). 'The NCR market has undergone a remarkable transformation,' said Santhosh Kumar, vice-chairman, Anarock Group. 'Structural reforms like RERA, the SWAMIH Fund, and PMAY (Urban) have played a pivotal role,' he said. 'The report further highlights that strong sales velocity over the years, along with significant new launches, reduced the inventory overhang,' Kumar noted. Inventory overhang—a key metric indicating how long it would take to clear current unsold stock—fell dramatically from 88 months in 2020 to just 17 months in 2025. The report also noted a shift in market preferences. While affordable housing (priced under ₹40 lakh) once dominated the supply pipeline, 2024 saw ultra-luxury housing (priced above Rs 2.5 crore) make up 59 per cent of new launches — up from just 4 per cent in 2020. Affordable housing's share fell to just 11 per cent of new launches in 2024.
Time of India
24-04-2025
- Business
- Time of India
Property prices in Greater Noida surge by 98% in five years
NCR's Greater Noida saw highest price appreciation among all NCR cities in the last five years with per sq ft rising by 98%. Over the last decade, NCR has seen a massive resurgence in demand and supply across real estate segments, and key hotspots have witnessed remarkable housing price appreciation. 'Average prices in Greater Noida rose from Rs 3340 per in Q1 2020 to Rs 6600/ by Q1 2025-end. Noida recorded the second-best appreciation of 92% in the same period – from Rs 4795 in Q1 2020 to INR 9200/ by Q1 2025,' said Santhosh Kumar, Vice Chairman – ANAROCK Group. Gurugram witnessed an 84% jump - from Rs 6,150/ to Rs 11,300 per sq. ft. in this period. Overall, the entire NCR saw an 81% jump in average residential prices over five years. NCR market, which had previously seen the highest unsold stock in the country, is now seeing a remarkable decline. Despite the significant price risesacross NCR in the last five years, unsold inventory in the region has dropped by 51% in the last five years – from approximately 1,73,117 units by Q1 2020-end to approximately 84,500 units by Q1 2025-end. City-wise, Noida recorded the highest 72% decline in its overall unsold stock while Ghaziabad saw its unsold stock decline by 58% in this period. 'Strong sales velocity over the years, along with significant new launches, reduced the inventory overhang to just 17 months by the end of Q1 2025,' said Kumar. The NCR residential market saw a new supply addition of 53,000 units in 2024, almost 44% higher than the launches in 2023. Another notable change is in budget categories - in previous years, affordable housing (units priced 'The NCR realty affected a massive turnaround post-pandemic. As the people realised the value of larger homes and the parallel thrust on infrastructure along with the construction of the Jewar Airport and inauguration of the Gurugram section of the Dwarka Expressway, the housing segment did not just witness a significant decline in unsold inventory but the demand for premium and luxury residences also soared. We expect this growth trajectory to continuously rise,' said Amit Modi, Director of County Group. In fact, the report highlights a significant increase in new launches in the ultra-luxury segment (units priced over Rs 2.5 crore), which contributed nearly 59% in 2024 as compared to 24% in 2023 - and only 4% in 2020. The supply share of affordable housing continued to decline, accounting for only 11% of NCR's total launches in 2024 as compared to 41% in 2022, and 47% in 2019. The report also identifies key growth corridors in NCR such as Sohna, New Gurgaon, Dwarka Expressway and Greater Noida West. "Infrastructure expansion, increased demand for quality living and buoyed investors' confidence is contributing to the impressive growth of NCR's housing market. Micro markets like sec-150 and Siddharth Vihar in Noida and Ghaziabad respectively stand out as promising micro-markets for high-end residential investment. Further, metro network expansions and expressways have significantly boosted real estate demand in these corridors,' said Prateek Tiwari, MD, Prateek Group.
