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Property Forum

ICICI SBI Credit Card

Dalal Street

Gurgaon - Launch Activity Picking Up

Tuesday, May 14, 2013

Launch activity has remained high in Gurgaon over the last 6 months. Recent key launch includes – Tata housing launch in Dwarka expressway at Rs11K psf levels which saw good response. Phase V also witnessed launch of much awaited luxury project. Additional launches in the pipeline include – IBREL and GPL launch around Dwarka expressway and impending super luxury launch in Phase V (Camilias). Absorption trends have improved with new launches witnessing good response. Pricing in the market has remained strong. Months of unsold inventory (at 11 months) has come down with the pick-up in absorption. Gurgoan market is expected to see large deliveries in CY13.


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