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Indian Express
3 days ago
- Business
- Indian Express
Prices of flats along Delhi's Dwarka Expressway doubled in the last 5 years: report
Prices of flats on the Dwarka Expressway, which connects Dwarka in Delhi to Kherki Daula Toll Plaza in Haryana's Guragaon, have doubled in the last five years — from Rs. 9,434 per square feet in 2020 to Rs. 18,668 per square feet in 2024 — according to a report by real estate data analytics firm PropEquity. The report said as many as 15,994 units were launched in the same period, and 16,502 were purchased. It added that 74 per cent of the flats on the Dwarka Expressway in the last five years came in Sectors 113, 37D, 106, 111, and 103. 'Between 2025 and 2030, over 18,000 units are expected to be launched, and over 15,500 units are expected to be absorbed on the Dwarka Expressway, reinforcing sustained future demand,' Samir Jasuja, Founder and CEO, PropEquity, said. Jasuja also said that 4-bedroom apartments have dominated the market in the last five years, with a price range of Rs 4.8 crore to Rs 8.6 crore According to PropEquity, 42,816 units were available in Dwarka Expressway between 2010-2024, and the number of units sold during this period stood at 41,899. 'With a robust land bank of 53 acres, Signature Global has recently launched over 3 million square feet here, and we have a strong upcoming pipeline of 6.4 million sq ft of saleable area in this location,' Pradeep Aggarwal, Founder and Chairman, Signature Global, said. The 29-km Dwarka Expressway, also called Northern Peripheral Road, was proposed in 2006 by the Haryana Government as an alternative route to National Highway-48, connecting Delhi with Gurgaon. Initially slated to be an 18 km project, 14 km of the expressway was operationalised in 2016. Later, the National Highways Authority of India (NHAI) took over the project, reworked the alignment and categorised it as a National Highway (NH-248BB). The foundation stone was laid in 2019, and 19 km of the Gurgaon stretch was inaugurated in 2024 by Prime Minister Narendra Modi. This 8-lane elevated expressway connects Shiv Murti on NH-48 to Dwarka and terminates at Kherki Daula Toll Plaza in Gurgaon, thereby reducing the travel time between cities, IGI Airport, workplaces and entertainment hubs.
Time of India
4 days ago
- Business
- Time of India
Gurgaon's Southern Peripheral Road: A booming real estate hub with Rs 100,000 crore projects
DLF, India's premier developer, has introduced two upscale residential developments that have experienced value appreciation post-launch. (AI image) Southern Peripheral Road (SPR) in Gurgaon has become the region's most dynamic micro-market, with developments valued at Rs 50,000 crore initiated since 2022, whilst an additional Rs 50,000 crore worth of projects are scheduled for the next three years. Property values along SPR have shown substantial growth in five years, increasing from Rs 7,690 per sq ft in 2020 to Rs 18,000 per sq ft by mid-2024. DLF, India's premier developer, has introduced two upscale residential developments that have experienced value appreciation post-launch, with the subsequent phase expected this quarter. "Gurugram is growing fast, with many new infrastructure projects. One of the fastest-growing areas is SPR. When people think about buying a home, location plays the crucial role in the decision-making," said Aakash Ohri, Joint MD and Chief Business Officer, DLF Homes according to an ET report. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo The value increase is primarily due to enhanced infrastructure, including expanded roads and new flyovers, improving connections to Golf Course Road, Sohna Road, and NH-48. "Demand for properties has surged in and around SPR, particularly since the second half of 2021. The region has seen sustained sales momentum, with transaction values rising sharply, underscoring strong and consistent demand," said Pradeep Aggarwal, founder and chairman, Signature Global. Signature Global, owning a 93-acre plot in the vicinity, has launched over 2.1 million sq ft of development and plans an additional 14.9 million sq ft. The 16-km SPR corridor, connecting Gurgaon-Faridabad Road to NH-48, has considerably enhanced accessibility and property values. At a projected sales rate of Rs 18,000 per sq ft, Signature Global's forthcoming projects in the area are anticipated to achieve total sales of Rs 27,000 crore. Trump Residences, recently announced, is situated within the SPR zone. "The Gurgaon market continues to attract strong investor interest, and good projects have delivered solid returns in the recent past," said Pankaj Bansal, co-founder, Smartworld Developers. A development launched in 2023 in Sector 76 along SPR at Rs 10,500 per sq ft experienced significant appreciation of nearly 64%, with current rates around Rs 17,250 per sq ft. "The real estate market in NCR, particularly Gurugram, is set to reach new highs driven by infrastructure upgrades, rising housing demand, and a vibrant commercial ecosystem. Completion of key projects like the Dwarka Expressway, SPR, and the Rapid Transit System will enhance connectivity and fuel demand from both homebuyers and investors," said Navdeep Sardana, founder, Whiteland Corporation.
Time of India
6 days ago
- Time of India
Chinese 'kill switches' found in equipment at US solar firms trigger national security fears. What are they?
Chinese "kill switches" that could allow Beijing to cripple power grids and trigger blackouts across the West were found in equipment at US solar farms earlier this month, raising fears that China could manipulate supplies or 'physically destroy' grids across the US, UK and Europe. US energy officials re-assessed the risk posed by small communication devices in power inverters - an integral component of renewable energy systems that connects them to the power grid. According to Times, the rogue devices, including cellular radios, were discovered in Chinese-made power inverters that are used to connect solar panels and wind turbines to electricity grids across the world, including the UK. The hidden communications equipment could be deployed remotely to switch off inverters with potentially catastrophic results. But US experts found rogue communication devices in some solar power inverters not listed in product documents, Reuters reported citing sources. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Book Your Dream Home at Signature Global SPR Just ₹11 Lacs Signature Global Book Now Undo ALSO READ: Did Harvard reject Barron Trump? Truth behind his college choice has sparks buzz online Using these devices to skirt firewalls and switch off inverters remotely, or change their settings, could destabilise power grids, damage energy infrastructure and trigger widespread blackouts. The discovery has sparked concerns that Beijing could potentially disrupt power grids in Western nations, given the heavy reliance of renewable energy systems on Chinese-manufactured components. Live Events British solar panels incorporate parts from various countries, including China. However, it remains unclear whether any power converters installed at UK wind or solar farms contain the suspected Chinese "killswitches." What are kill switches? A kill switch is a mechanism used to shut down or disable a device or program, according to Tech Target. A kill switch is typically used to prevent the theft of equipment or data, or to shut down machinery in emergency situations. The extent to which it restricts, modifies, or halts an action or process depends on the specific system, operation, or software it is designed to safeguard. Kill switch is a broad term when it comes to the types of technology, software and tools used to create and facilitate it. In manufacturing, for example, a factory might use a kill switch -- also called a big red button -- to shut down machinery if a worker is in danger. Kill switch software, on the other hand, can sometimes include software-encoded kill switches such as anti-piracy mechanisms. ALSO READ: Is Trump targeting Harvard because the elite university rejected his youngest son Barron? What you need to know Cellular radios, acting as kill switches, were discovered embedded in power inverters produced by Chinese manufacturers and supplied to US power generators. The inclusion of these remotely controllable devices introduces potential cybersecurity vulnerabilities within the nation's power infrastructure. Power inverters are essential components in solar and wind farms, converting renewable energy into a form compatible with the national grid. This makes them a critical point of vulnerability. If compromised, these devices could be manipulated—potentially by China—to cause widespread blackouts across the West or even disrupt the entire power grid. "We know that China believes there is value in placing at least some elements of our core infrastructure at risk of destruction or disruption," said Mike Rogers, a former director of the US National Security Agency. "I think that the Chinese are, in part, hoping that the widespread use of inverters limits the options that the West has to deal with the security issue." ALSO READ: Why Melania Trump's $40 million documentary deal with Amazon has sent Hollywood into a tizzy Over the last nine months, US experts discovered suspicious devices hidden inside inverters and batteries from several Chinese manufacturers. These specialists carefully dismantle the equipment to identify potential security threats before the products are integrated into power grids. Inverters typically have remote access capabilities through cellular networks, and utility companies usually install firewalls to block unauthorized access and prevent communication with China. However, these unauthorized components were not disclosed in the product documentation when the equipment was shipped to the United States.
Time of India
7 days ago
- Entertainment
- Time of India
Bigg Boss 11 fame Bandgi Kalra's house gets robbed; actress reveals ‘Huge cash and valuables stolen'
Television personality and Bigg Boss 11 fame Bandgi Kalra met with a shocking incident as she got robbed of money and valuable items. She was left shocked and heartbroken after her house was broken into and looted. The actress took to Instagram and shared the horrifying incident with the fans. She revealed how the theft occurred just before her sister's wedding, and large amounts of cash and valuables were stolen. The actress took to her Instagram handle and shared a series of pictures of her door and how the lock was destroyed by the thief. In a series of emotional stories, Bandgi wrote, 'Came home yesterday to my house broken in by thefts and brutally destroyed from inside out… So many personal things, money etc is lost and because it was my sister's wedding I had huge cash kept at home.' She also mentioned that the camera with SD card was stolen, and both the gates of her house were broken. 'Not one and nobody has a clue!' she added. Bigg Boss 11's Bandgi Kalra: There should be maturity to sustain your relationship Expressing her deep disappointment with the response of the system, she further shared, 'It's been almost 30 hours since I notified about the theft! The way things are going—or not going—is making me feel completely helpless.' The actress expressed her disappointment mentioning how she's been waiting for hours foe some actions to be taken. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Luxury Meets Legacy at Signature Global SPR, Gurgaon Signature Global Book Now Undo Several celebs from the TV industry have also faces similar incidents. Fans on social media expressed their concern for Bandgi. A user wrote, 'What is happening?? This is so so so shocking.. kuch bhi hote rehta hai.' Another user was like, 'I'm feeling bad for her, it's her sister's wedding and she's being robbed of everything.' One more user was like, 'This shouldn't have happened with her.. I'm feeling extremely bad.' Fans and followers have since flooded her with messages of support, urging authorities to take swift and strict action.
Time of India
25-05-2025
- Business
- Time of India
Prices of properties off Dwarka Expressway double in 4 years: Report
Gurgaon: Driven by rapid infrastructure development and improved connectivity, Dwarka Expressway has seen a sharp rise in real estate activity and property values over the last four years. Sectors 113, 37D, 106, 111 and 103 have emerged as key hotspots, contributing to 74% of the supply in the last four years, according to a study. Launch prices nearly doubled — from Rs 9,434 per sqft in 2020 to Rs 18,668 per sqft in 2024 — reflecting the expressway's emergence as one of NCR's most desirable housing destinations, the report says. The corridor saw launches and strong absorption, with demand particularly high for 4BHK apartments priced between Rs 4.8 crore and Rs 8.6 crore. "The 2020–24 period marked a revival for Dwarka Expressway," says Samir Jasuja, founder and CEO of real estate data analytics firm PropEquity, which has conducted the study. Between 2020 and 2024, 15,994 housing units were launched along the corridor, with 16,502 units having been absorbed, indicating robust demand, according to the recent report. Jasuja said, "Over 18,000 new units are expected to be launched between 2025 and 30, reinforcing its long-term potential." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like サントリーロコモアが５,９４０→１,０８０円で試せる ロコモア こちらをクリック Undo These micro-markets are witnessing increased buyer traction due to their proximity to infrastructure projects and the availability of premium residential stock. Founder & chairman, Signature Global, Pradeep Aggarwal said, "From Sector 37D to SPR, Dwarka Expressway is fast becoming the centre of gravity for NCR real estate. In the next five years, we expect 40-60% price appreciation driven by new infrastructure and high-end offerings." Whiteland Corporation director Sudeep Bhatt echoed the sentiment, "With the expressway operational and metro plans underway, Dwarka Expressway is now seen as a long-term investment zone. "
