29, Jan 2024
Unlocking Dreams: ONDC’s first brand film celebrates the spirit of Indian entrepreneurship
New Delhi, 29 January 2024: ONDC (Open Network for Digital Commerce) is thrilled to present its debut brand film, “ONDC Network par ab har business ke liye Bharat khulega” a celebration of the boundless dreams and aspirations of Indians in the new era of digital commerce.
The film, released ahead of Republic Day, serves as a testament to ONDC’s commitment to empowering aspiring entrepreneurs and fostering the growth of existing businesses without constraints. It envisions a world where anyone with a dream can thrive, breaking free from traditional limitations and embracing limitless opportunities provided by the Open Network. The film further enhances ONDC’s commitment towards #vocalforlocal, especially supporting women entrepreneurs.
Set against the backdrop of India’s diverse landscapes, the 145-second film weaves together a tapestry of stories featuring archetypes of sellers and showcasing the journey of individuals from various walks of life. From the local street diya seller to the artisan crafting locks in Aligarh, from the neighborhood kirana shop owner to the creator of tangy Rajasthani pickles, and from a bridal boutique proprietor to an independent cab driver – the film encapsulates the spirit of a thriving India fueled by inclusive, interoperable and unbundled nature of the Open Network.
“ONDC is the foundation of a thriving ecosystem where both established and emerging businesses can aspire for sky-high goals and realize their entrepreneurial dreams, bound only by the limits of their imagination. By tapping into the Open Network, businesses and entrepreneurs can expand without boundaries and maximize their value creation. Our first brand film celebrates this spirit of boundless aspirations and inclusive growth,” said Shireesh Joshi, CBO, ONDC.
With ONDC as a catalyst, the film presents a narrative of breaking barriers, fostering connections, and creating a symphony of opportunities that enable small businesses and individual entrepreneurs to transcend local boundaries and reach a nationwide and even a global audience. The film expresses this with an expression that we hope becomes a rallying cry for everyone connected with the ONDC Network now and in months to come.
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- By Rabindra
29, Jan 2024
Analysis of JEE (Main) paper of January 27, 2024 (Evening Shift)
NTA has changed the difficulty level of Shift-2 as compared to the one asked in shift-1. The evening shift (shift-2) paper was a bit more difficult as compared to the one asked in Shift-1. The JEE MAIN paper of January 27, 2024 (Evening Shift) was of Moderate level. In this paper, Physics were on the moderate to difficult level whereas Chemistry was on the easier side. A detailed subject-wise analysis is given below.
Chemistry
The paper was by and large based on NCERT books. Very few questions in this shift were asked from Organic chemistry. Most of the questions were from the Physical Chemistry part. 2-3 questions were asked from d-block elements. Questions from prominent chapters like Thermodynamics, Bonding Alkyl and Aryl halides were asked. Overall coverage of the chapters was uniform.
Physics
The physics part was of moderate to difficult level as some good assertion-reasoning questions were there. Questions from Modern Physics, Work Power and Energy, Fluids, and Thermodynamics were there in the paper. Most of the questions were asked from the 12th class syllabus. If somebody has gone through the PYQs of the previous year’s papers, he/she will have an upper hand in the paper.
Mathematics
Mathematics paper was moderate to difficult just like the Shift-1 paper. Questions from Algebra were dominant in the paper. A good number of questions were asked from Vectors, 3D and Limits, Continuity, and Differentiability. Questions from Integration and Matrix and Determinants were there in the paper. Almost all the topics were covered.
29, Jan 2024
Rolls-Royce inks agreement with Azad Engineering for making complex defence aero-engine components in India
Rolls-Royce (LSE: RR., ADR: RYCEY) has announced the signing of a long-term agreement with Azad Engineering to manufacture and supply complex components for defence aircraft engines.
Through this strategic partnership, Hyderabad-based Azad Engineering will join the global supply chain for complex category components for Rolls-Royce’s technologically advanced aero engines.
Alex Zino, Executive Vice President – Business Development and Future Programmes and Head of Global Networks, Rolls-Royce, said:
“Strong collaboration has been at the heart of Rolls-Royce’s journey of success in India. As we work towards strengthening the defence ecosystem, we are happy to expand our supply chain in India in partnership with Azad Engineering. The sourcing of complex components from India for aero engine programmes further advances the goal of capability creation in the country.”
Abhishek Singh, Senior Vice President – Defence, India and South-East Asia, Rolls-Royce, said:
“The agreement with Azad Engineering is another significant step for Rolls-Royce towards harnessing the potential of Indian companies to contribute to the defence manufacturing ecosystem. This reiterates our commitment to building our presence in India through local partnerships, furthering the vision of an ‘Atmanirbhar Bharat’.”
Rakesh Chopdar, Founder and CEO, Azad Engineering, said:
“We are honoured to be chosen as a strategic partner by Rolls-Royce to make critical and complex components for defence aircraft engines. Bringing these critical components to India not only showcases the capabilities of Azad Engineering but also represents a pivotal moment for India’s aerospace and defence industry, demonstrating the country’s growing prowess in advanced manufacturing.”
Rolls-Royce has a strong ecosystem in India, encompassing strategic local partnerships, joint ventures, robust supply chain, rich talent pool, engineering capability, digital solutions and service delivery capabilities.
29, Jan 2024
Ecom Express unveils video showcasing unprecedented reach across India
Gurugram, 29th January 2024: Ecom Express Limited, a technology-driven end-to-end logistics solutions provider, showcases the extensive reach of its delivery services across India in a compelling video. The video captures the essence of Ecom Express’ commitment to delivering online parcels to every corner of the country, from the hills to the plains.
Ecom Express has the largest network and infrastructure focused on B2C e-commerce space. The company’s network covers over 3 lakh pickup points and delivers to over 20 lakh consumers every day. With coverage extending to 28 states and 8 union territories, 2,700 cities and towns of India, and 27,000+ pin codes, Ecom Express reaches 95% of India’s population for e-commerce shipments through its network of 1lakh+ gig workers as delivery partners.
Recently the company also launched one of the most revolutionary models in the industry – Bulls.ai, an AI-driven logistics platform, to simplify address related challenges for delivery of e-commerce parcels across India. Ecom Express continues to prioritize customer satisfaction, ensuring the right fulfillment solutions and position itself as the preferred logistics partner for businesses across India.
29, Jan 2024
Pvr Inox Unveils Ajmer’s Largest 4-screen Cinema at Mittal Mall
National, January 29, 2024: PVR INOX, the largest and the most premium cinema exhibitor in India is set to elevate the cinematic experience in Ajmer with the grand opening of its second cinema in the city. Located at the heart of Ajmer, Mittal Mall, Prithviraj Marg, Hathi Bhata, this state-of-the-art 4-screen property is set to be Ajmer’s biggest and best cinema, introducing a host of premium features and design elements to create an unparalleled entertainment destination.
PVR INOX will strengthen its foothold in Rajasthan with 79 screens in 21 properties and continues its expansion in West India with 345 screens in 77 properties.
The cinema is located in the largest mall in the city with prominent places such as the railway station and the bus stand situated within a radius of less than 2 kms. The cinema is equipped with state-of-the-art technology, including a 2K projection system, Dolby 7.1 sound, and next-gen 3D technology. It has a total seating capacity of 580 and patrons can indulge in a variety of culinary delights from the extensive food menu in the comfort of the celebrity recliners.
Commenting on the announcement, Mr. Ajay Bijli, Managing Director, PVR INOX Limited, said, “We are delighted to introduce our second cinema in Ajmer, bringing a world-class cinematic experience to the residents of this vibrant city. With the biggest 4-screen cinema in Ajmer, equipped with the latest technology and design elements, we aim to revolutionize the movie-watching experience for discerning audiences in Ajmer. Our focus remains on accelerating growth in underserved markets strategically expanding our footprint to Tier-2 and Tier-3 cities. ”
The visually stunning foyer has a modern design with Grey and Beige theme with multiple framed custom artworks with a “V” theme, celebrating legendary actors and actresses. Each of the four vibrant auditoriums is adorned with a unique color theme – Teal, Purple, Gold, and Red. Rose Gold accents through metal/ film inlays in Audi doors, concession counters, glazing areas, and wall surfaces create a sophisticated atmosphere.
“The opening of our new cinema in Ajmer marks a significant milestone in our journey to expand the access to entertainment for aspiring audiences while elevating the customer experience to newer heights. Ajmer, being a cultural and historical city, deserves nothing but the best and our Mittal Mall property is designed to offer a premium and immersive experience to moviegoers. From the diverse auditorium themes to the modern and visually stunning foyer, every aspect of this cinema has been crafted with precision and care. We invite the people of Ajmer to immerse themselves in the magic of cinema in this landmark entertainment destination.” said Mr. Sanjeev Kumar Bijli, Executive Director, PVR INOX Limited.
29, Jan 2024
Herbalife and United Way Bengaluru’s CSR Commitment to Transforms Lives in Vadavalli Gram Panchayat, Sultanpet Block, Coimbatore
Coimbatore, January 29, 2024: In collaboration with NGO partner United Way Bengaluru (UWBe) and Vadavalli Gram Panchayat, in the Sulthanpet block of Coimbatore, Herbalife successfully rolled out an important initiative called Rural Rising, an integrated rural development program. Herbalife has continuously supported the program for the last three years in other districts of Karnataka and the Wayanad district of Kerala.
Vadavalli Gram Panchayat, with a Human Development Index well below the state average, faced challenges in various areas. To complement the Gram Panchayat’s efforts, the Rural Rising initiative addressed critical needs such as education, health and hygiene, water, livelihood, and clean energy, areas where communities encountered significant challenges.
Today marked a significant milestone as the initiatives rolled out last year were inaugurated with distinguished guests, including, Honourable Additional Collector; Shri Vijaya Kumar and Smt. Revathi, Block Development Officers from Sultanpet Shri E. Francis Charles, Assistant Educational Officer; Smt. Murugeshwari, DPO, Sulthanpet; Govinda Raj, Panchayat President from Vadavalli; , Regional Head Herbalife, and United Way Bengaluru team.
Under Early Childhood Care and Education (ECCE), the initiative rolled out a program called Born Learning Campaign to create a conducive learning and development environment in Vadavalli and Akkanaickenpalayam Anganwadi Centres (AWCs). This involved upgrading AWCs, providing teaching and learning resources, establishing libraries, and enhancing the capacity of Anganwadi Workers and Helpers through ECCE training. Additionally, one Nutrition Garden was developed in an Anganwadi Centre, along with the creation of 10 household-level kitchen gardens. A total of 663 Nutrition kits were distributed to children and their families.
As part of the School Empowerment Initiative, support was provided to Akkanaickenpalayam Govt Primary School and High School. This included setting up solar-powered classrooms, contribution of library books, renovating staff rooms and classrooms, toilets for girls and boys and providing an incinerator for girls, meeting the schools’ specific requirements.
Awareness sessions were conducted as part of the hygiene intervention, and 228 hygiene kits were distributed to students and school staff. The awareness sessions helped students understand the importance of hygiene in their daily routines. The interactive session covered vital practices, such as handwashing before and after meals, maintaining clean and trimmed nails, and regular teeth brushing. During a follow-up community visit, it was discovered that children consistently used the kits, adhering to the instructions provided during the awareness session and educating their parents about hygiene and sanitation.
An Overhead Tank (OHT) was installed in collaboration with the Panchayat to ensure quality drinking water. A 60,000-litre OHT tank was constructed with the installation of pipelines, benefiting 250 households and enhancing the availability and accessibility of drinking water.
Support was provided to Persons with Disabilities (PWDs) under the livelihood and inclusion initiative. Eleven PWDs received livestock, three individuals received mobility vehicles, and a school-going boy received a hearing aid.
In the interest of renewable energy, 50 solar streetlights were installed. These solar streetlights enhanced safety and security for villagers and triggered a ripple effect of economic and social benefits, uplifting the entire community. In one of the many cases, Saranya, a beautician, faced challenges due to inadequate lighting until solar streetlights changed everything. Previously, commuting during early or late hours was challenging, relying on family members for accompaniment. Well-lit streets now allow her to work longer hours without fear, transforming her family’s financial condition. Supporting a family of six, Saranya can now invest in her business, expand services, and hire women from her village, contributing to the economic growth of her community.
A total of 1631 people will be directly benefitted through this initiative.
“Our approach is not just implementing good initiatives; it’s about empowering communities to take ownership, ensuring sustainability far beyond our involvement. The Rural Rising Program exemplifies our vision. In collaboration with our CSR partner, we created a sustainable legacy of positive change in the community by engaging and developing the capacities of local administration and community members, formed strategic partnerships, and meticulously planned for maintenance.”, said Rajesh Krishnan, Chief Executive Officer, United Way of Bengaluru.
Ajay Khanna, Senior Vice President and Managing Director, Herbalife India, said, “Our vision, shared with United Way Bengaluru, has transformed lives across Karnataka, Kerala, and Tamil Nadu for over three years. Today, Vadavalli Gram Panchayat in Coimbatore stands as a testament to that commitment. From upgraded Anganwadis to empowered PWDs, each milestone fuels our confidence. We see families securing livelihoods and children armed with renewed dignity and hope, inspiring us to push forward, building a brighter future, together.”
29, Jan 2024
Greater Noida West’s tallest flag hoisted at Saya South X Mall on the occasion of 75th Republic Day
In celebration of the 75th Republic Day, a grand ceremony unfolded at Saya South X Mall in Greater Noida West. The festivities included the hoisting of a majestic 30-meter high and 20-meter wide national flag. Attendees also relished traditional dishes from Old Delhi, fostering a sense of patriotism through activities like releasing over 500 balloons and tree planting. The event drew more than 500 participants, marking a collective celebration of Republic Day.
Vikas Bhasin, Chairman, and Managing Director of Saya Group, expressed pride in hoisting the largest flag in Greater Noida West at Saya South X Mall on this auspicious occasion.
29, Jan 2024
Union Budget 2024: Recommendations To Sustain 7-8% Growth Throughout The Next Decade
As the final quarter of the financial year unfolds, people of the nation are eagerly waiting for the Union Budget 2024. It is seen as an important moment, with various stakeholders including individual taxpayers to corporate giants eagerly anticipating policy pronouncements that will shape India’s economic trajectory for the coming years. Based on the current economic scenario and policy framework, here are some key expectations and recommendations from Union Budget 2024.
Individual Taxpayers:
Expectations are high for increased income tax slabs and deductions to boost disposable income and consumption. Simplification of the tax code, reducing compliance burdens, and eliminating ambiguities are crucial. A shift towards direct taxes over indirect taxes can encourage economic growth.
Corporate Tax:
Streamlining corporate tax rates and eliminating exemptions can create a level playing field. It will help attract foreign investment. Introducing tax incentives for sectors aligned with the “Make in India” initiative can promote domestic manufacturing and job creation.
Infrastructure Development:
Increased allocations for infrastructure projects, especially in rural areas. It will improve connectivity, create jobs, and stimulate economic activity. Exploring public-private partnerships and innovative financing models can help bridge the infrastructure gap.
Manufacturing and Exports:
Incentives for domestic manufacturing, such as tax breaks for research and development and skill development programs. It will enhance India’s export competitiveness. Simplifying export procedures and reducing transaction costs can further boost outbound trade.
Technology, Media and Telecommunication:
Increased investment in digital infrastructure, including high-speed internet connectivity and data centers. It is crucial for promoting digital literacy, online education, and e-commerce. Incentives for adopting digital technologies in various sectors can boost efficiency and productivity.
Speaking about expectations of the media industry from Union Budget 2024, Pankaj Bansal, founder and CEO of Newspatrolling.com said, “Budget 2024 presents a golden opportunity to power the next wave of growth in India’s vibrant media landscape. It will be great if the 2024 Union Budget can introduce targeted tax breaks for content creation and local language production. I also propose increased investments in broadband infrastructure and digital skill development. By promoting innovation and nurturing domestic talent, we can unlock the immense potential of our stories. It will help attract global audiences and enable India to become a true content superpower.”
As India’s digital footprint expands, cybersecurity becomes paramount. Budgeting for robust cybersecurity measures and awareness campaigns can safeguard critical infrastructure and citizen data.
Healthcare:
Higher allocations for public healthcare infrastructure and medical insurance schemes. It will improve access to quality healthcare, especially for vulnerable populations. Investments in preventive healthcare and telemedicine can strengthen the healthcare system.
Education:
Continued focus on improving education quality at all levels is crucial. Increased funding for infrastructure, teacher training, and scholarships can contribute to a skilled workforce. Skill development programs aligned with industry needs can bridge the skill gap.
Green Initiatives:
Promoting renewable energy sources and energy efficiency through tax incentives and subsidies. It can propel India towards a cleaner and more sustainable future. Investments in green infrastructure and clean technologies can create jobs and attract green investments.
Beyond these specific areas, a key expectation for Budget 2024 is a focus on fiscal consolidation and prudent financial management. Balancing growth-oriented spending with fiscal responsibility is crucial for maintaining macroeconomic stability and boosting investor confidence.
As the countdown to Budget Day 2024 begins, the hope rests on the government’s ability to introduce policies that address these diverse expectations. It is necessary for setting India on a course towards sustained economic growth, social inclusivity and environmental sustainability.
29, Jan 2024
Lumina Datamatics Earns Great Place to Work® Certification
Mumbai, January 29, 2024 – Lumina Datamatics, a leading partner in providing Content Services, Retail Support Services, and Technology Solutions to global companies in the Publishing and Retail industries is delighted to announce that it has been certified as a Great Place to Work®. This certification reflects the company’s dedication to creating an inclusive and supportive environment for its employees.
The Great Place to Work® Certification acknowledges organizations that exhibit an outstanding workplace environment and practices for their employees. A mere 469 companies from a galaxy of about 25,000 large companies (1,000 employees or more) in India have been certified as a Great Place to Work in the last 12 months. With employee feedback and external evaluation being the basis of the Certification, Lumina Datamatics scored very high in various areas, leading to this prestigious recognition.
Speaking about this recognition, Mr. Sameer L. Kanodia, Managing Director & C.E.O., Lumina Datamatics, said, “We are delighted to receive the Great Place to Work® Certification. It validates our ongoing efforts to create a workplace where our employees feel valued, engaged, and motivated. We believe a positive and thriving work environment translates to the exceptional quality of services we provide to our clients.”
Lumina Datamatics places a strong emphasis on employee empowerment, diversity and inclusion, and continuous learning. The company provides a collaborative and innovative work environment that encourages creativity and problem-solving. Additionally, the company prioritizes the health and well-being of its employees by offering flexible work arrangements and other initiatives aimed at promoting a healthy work-life balance.
29, Jan 2024
Gurgaon’s Dwarka Expressway Real Estate Market Booms with Impressive Price Appreciation
National, 29th January 2024 – The Dwarka Expressway real estate market has witnessed a significant surge in property prices, reflecting a positive trend in the overall real estate scenario, as indicated by the latest report from Geetanjali Homestate. The report sheds light on the impressive appreciation in property values across various sectors on Dwarka Expressway, providing valuable insights into the evolving landscape of Gurgaon’s real estate.
In Q4 2023, the overall average property price on Dwarka Expressway ranged between Rs 11,300 and Rs 11,700 per sqft, showcasing a substantial increase compared to the average prices of Rs 9,600 to Rs 10,000 per sqft recorded in Q4 2022. The Q3 2023 average prices stood at Rs 10,500 to Rs 10,800 per sqft, indicating a noteworthy quarter-on-quarter growth of 6.5% and a commendable year-on-year growth of 14.3%.
Geetanjali Homestate’s founder, Sunil Sisodiya, commented on the findings, stating, “The robust growth observed in Dwarka Expressway’s real estate market reflects the resilience and attractiveness of this region. The year-on-year surge in property prices is a testament to the sustained demand for quality properties in the area. This report serves as a valuable resource for investors, homebuyers, and developers seeking insights into the evolving trends along Dwarka Expressway.”
Geetanjali Homestate’s report delves into the specific trends observed in various sectors along Dwarka Expressway:
Sector 102, Gurgaon: Located on Dwarka Expressway, Sector 102 has witnessed a remarkable year-on-year growth of 34.5%, with average property prices ranging from Rs 10,500 to Rs 10,700 per sqft in Q4 2023. The quarter-on-quarter growth was 6%, compared to prices in the range of Rs 9,900 to Rs 10,100 per sqft in Q3 2023 and Rs 7,400 to Rs 7,600 per sqft in Q4 2022.
Sector-37D, Gurgaon: Offering residential apartments in the mid-income budget segment, Sector-37D experienced significant year-on-year growth of 36.8%, with property prices averaging between Rs 12,000 and Rs 13,000 per sqft in Q4 2023. The quarter-on-quarter growth was 1.4%, as opposed to prices ranging from Rs 11,800 to Rs 11,950 per sqft in Q3 2023 and Rs 7,500 to Rs 8,000 per sqft in Q4 2022.
Sector 36A, Gurgaon: This premium sector near Dwarka Expressway witnessed a substantial increase in average property prices, ranging from Rs 13,900 to Rs 14,100 per sqft in Q4 2023, showcasing substantial year-on-year growth of 31.2%. The quarter-on-quarter growth for the same period was recorded at 24.5%. In Q4 2022, the average prices were in the range of Rs 10,150 to Rs 10,350 per sqft, while in Q3 2023, they were in the range of Rs 10,850 to Rs 11,050 per sqft.
Sector 104, Gurgaon: Positioned on Dwarka Expressway and offering a blend of ready-to-move and under-construction housing units, Sector 104 experienced an uptick in average property prices, ranging from Rs 10,100 to Rs 11,500 per sqft in Q4 2023, indicating a year-on-year growth of 19.7%. The quarter-on-quarter growth for the same period was 1.5%. In Q4 2022, the average prices ranged from Rs 8,100 to Rs 8,500 per sqft, while in Q3 2023, they were in the range of Rs 9,700 to Rs 9,900 per sqft.
Sector 99, Gurgaon: Dominated by land plots and ready-to-move apartments, Sector-99 exhibited robust performance in Q4 2023, with average prices ranging from Rs 10,500 to Rs 11,000 per sqft, reflecting a notable year-on-year growth of 31.7%. The quarter-on-quarter growth for the same period was 5.5%. In Q4 2022, the average prices ranged from Rs 7,100 to Rs 7,525 per sqft, and in Q3 2023, they were in the range of Rs 9,900 to Rs 10,100 per sqft.
Sector 108, Gurgaon: A mid-income sector in New Gurgaon, primarily offering residential apartments, Sector-108 saw an increase in average property prices in Q4 2023, ranging from Rs 12,800 to Rs 12,925 per sqft, indicating a year-on-year growth of 18%. The quarter-on-quarter growth for the same period was 7.2%. In Q4 2022, the average prices ranged from Rs 10,500 to Rs 11,075 per sqft, and in Q3 2023, they were in the range of Rs 11,900 to Rs 12,200 per sqft.
Sector 106, Gurgaon: Strategically located along Dwarka Expressway, Sector 106 showcased positive year-on-year growth of 12.5% in Q4 2023, despite a slight decrease in QoQ by 0.8%. The average property prices in this sector ranged from Rs 11,900 to Rs 12,575 per sqft, with Q4 2022 prices in the range of Rs 10,400 to Rs 11,000 per sqft and Q3 2023 prices in the range of Rs 12,000 to Rs 12,125 per sqft.
Sector 113, Gurgaon: A luxury locality in Gurgaon, Sector 113 demonstrated a year-on-year growth of 11% in Q4 2023, with average property prices ranging from Rs 12,900 to Rs 13,100 per sqft. The quarter-on-quarter growth for the same period was 5.5%. In Q4 2022, the average prices ranged from Rs 11,500 to Rs 11,750 per sqft, and in Q3 2023, they were in the range of Rs 12,200 to Rs 12,400 per sqft.
Sector 84, Gurgaon: Experiencing substantial year-on-year growth of 27% in Q4 2023, Sector 84’s property market saw average prices ranging from Rs 10,000 to Rs 11,000 per sqft. The quarter-on-quarter growth for the same period was 5%. In Q4 2022, the average prices ranged from Rs 7,300 to Rs 7,700 per sqft, and in Q3 2023, they were in the range of Rs 9,500 to Rs 9,710 per sqft.
Sector 99A, Gurgaon: Offering residential apartments and plots in the mid-income budget segment, Sector 99A witnessed impressive performance in Q4 2023, with average property prices ranging from Rs 9,800 to Rs 10,000 per sqft, reflecting a year-on-year growth of 23%. The quarter-on-quarter growth for the same period was 7%. In Q4 2022, the average prices ranged from Rs 7,500 to Rs 7,700 per sqft, and in Q3 2023, they were in the range of Rs 9,100 to Rs 9,375 per sqft.
Sector 109, Gurgaon: One of the premium sectors on Dwarka Expressway, Sector-109 witnessed a remarkable year-on-year growth of 28.5% in Q4 2023, with average property prices ranging from Rs 12,200 to Rs 12,400 per sqft. The quarter-on-quarter growth for the same period was 39%. In Q4 2022, the average prices ranged from Rs 8,700 to Rs 8,900 per sqft, and in Q3 2023, they were in the range of Rs 8,200 to Rs 8,400 per sqft.
The data reveals a consistent and robust growth trajectory in property prices along Dwarka Expressway, establishing it as an attractive destination for potential buyers, investors, and developers.
| Locality | Avg price Q4 2023
(In Rs per Sqft) |
Avg price Q4 2022
(In Rs per Sqft) |
Avg price Q3 2023
(In Rs per Sqft) |
YOY growth in % | QoQ growth in % |
| Dwarka Expressway | |||||
| Sector 102 | 10500 – 10700 | 7400 – 7600 | 9900 – 10100 | 34.5% | 6% |
| Sector 37D | 12000 – 13000 | 7500 – 8000 | 11800 – 11950 | 36.8% | 1.4% |
| Sector 36A | 13900 – 14100 | 10150 – 10350 | 10850 – 11050 | 31.2% | 24.5% |
| Sector 104 | 10100 – 11500 | 8100 – 8500 | 9700 – 9900 | 19.7% | 1.5% |
| Sector 99 | 10500 – 11000 | 7100 – 7525 | 9900 – 10100 | 31.7% | 5.5% |
| Sector 108 | 12800 – 12925 | 10500 – 11075 | 11900 – 12200 | 18% | 7.2% |
| Sector 106 | 11900 – 12575 | 10400 – 11000 | 12000 – 12125 | 12.5% | -0.8% |
| Sector 113 | 12900 – 13100 | 11500 – 11750 | 12200 – 12400 | 11% | 5.5% |
| Sector 84 | 10000 – 11000 | 7300 – 7700 | 9500 – 9710 | 27% | 5% |
| Sector 99A | 9800 – 10000 | 7500 – 7700 | 9100 – 9375 | 23% | 7% |
| Sector 109 | 12200 – 12400 | 8700 – 8900 | 8200 – 8400 | 28.5% | 39% |
| Overall | 11300 – 11700 | 9600 – 10000 | 10500 – 10800 | 14.3% | 6.5% |
Property pricing Report – Dwarka Expressway, Gurugram by Geetanjali Homestate
