Blogs

As we gear up to enter a new phase in 2022, we are looking back at the year 2021, when we embraced the new normal and changed for the better.

Despite the pandemic and frequent nationwide lockdowns, NCR region has shown great resilience by witnessing around 65% growth YoY in the CY2021.

After going through the tumultuous two years due to Covid- 19 pandemic, the Indian real estate market has adapted to the change brought and roared back to life in 2022.

If we look at the journey of New Delhi, the city has grown enormously, keeping in pace with the changing times and the vibes. The capital city is known for its remarkable blend of heritage, culture, and multicultural lifestyle.

As per the recently shared reports, the residential and commercial real estate sector in India would have a more stable year in 2022 compared to 2021. There is an increase of 5% in residential real estate rates while the recovery in the office sector is expected to keep rents stable in the coming year.

Although designing a happy home is very personal, you would be surprised to know the kind of impact our interiors have on our well-being and the way we feel.

Post Covid-19, the real estate market has started gaining strength with cities in Delhi-NCR, boasting housing sales of 10,220 units in the third quarter compared to 5,210 units in the previous year as per the reports. Prominent cities, including Noida, Gurgaon, and Ghaziabad and others witnessed as high as 96% increase in housing sales and around 24% additional new launches. If you look at the previous third quarter, it saw 6,810 launches in these in NCR, while the latest quarter witnessed 8,420 launches.

It is the time when we clean up the corners of our houses and give them a fresh, bright, and festive look. While Diwali is all about lights, there are plenty of other simple and beautiful ways to celebrate the festival, and a well-decorated home adds to the festivities.