Ambience Group Promoter Takes Strategic Steps Amid Delhi-NCR Land Boom
The real estate sector in Delhi-NCR is booming, attracting a lot of attention from investors and developers. The market has seen a significant increase in land deals during the fiscal year 2023-24. According to a report by property consultant Anarock, 101 land deals have been closed in the region, covering a total of 2,989 acres.
Seeing this opportunity, Ambience Group, a well-known real estate company, has made strategic moves to strengthen its presence and expand in Delhi-NCR. The Ambience group promoter has shown great foresight and business sense by taking advantage of the rising demand for land.
“The increase in land deals, especially in terms of acreage, shows the strong growth of the real estate sector in Delhi-NCR. There has been a 61 percent increase in land deals by acreage from January to March 2024, and a 58 percent annual increase throughout the fiscal year 2023-24,” says the Ambience Group Promoter.
This surge in land deals highlights the resilience of the Delhi-NCR real estate market and the growing confidence of investors and developers in its future potential. Factors like infrastructural developments, rapid urbanization, and high demand for commercial and residential spaces are driving this optimism, creating opportunities for growth and innovation.
Ambience Group's proactive approach in acquiring prime land parcels reflects its commitment to expansion and innovation in the real estate sector. “By strategically buying key pieces of land, the group aims to enhance its portfolio and strengthen its position as a major player in the region's real estate market,” says the Ambience Group Promoter.
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