India Real Estate Latest Trends | Overview | Growth | Investments

November 3, 2023
Aravali’s Hidden Gem: Gurgaon’s Future Leopard Paradise

The continuous urbanisation of the satellite towns of Delhi has also led to more focus on improving the ecological hotspots. In Gurgaon, this has led to taking steps to protect the most prominent natural heritage, the Aravalis.

 

Preserving Gurgaon’s Wildlife and the Aravalis: 

A comprehensive conservation plan has been in the works for a 15km stretch of the Aravalis, stretching from Bandhwari (landfill) to Damdama Lake. The ambitious initiative is an exemplary joint effort involving the forest department, district administration, GMDA, and MCG.

 

The main objective is establishing a 15 Km jungle trail, a green corridor connecting two key points in the Aravalis. The endeavour was important as it will prevent private landowners from disregarding construction regulations, which have resulted in the lack of regulation for this ecologically sensitive region (including the Aravalis.)

 

Leopard Park in Behrampur: A Safe Haven for Leopards Away from Conflicts

One of the most intriguing aspects of this conservation project is the proposal to establish a leopard park in Behrampur village, designed along the lines of the Jhalana Leopard Safari Park in Jaipur which proved to be a major success.

 

It is important to note, that the conservation park is not just a tourist attraction but more importantly, it is a long-term solution to minimise human-leopard conflicts within Gurgaon. Over the years, many dangerous incidents have come up, including the lynching of a leopard in Mandawar in 2016, and gruesome hit-and-run accidents claiming the lives of 12 big cats in 15 years.

The establishment of the leopard park is a step toward creating a safe haven for these magnificent creatures whilst offering visitors a unique opportunity to observe them in their natural habitat. The significance of conserving the Aravalis and its wildlife is also connected with the broader context of urban development, where construction activities often collide upon these precious green spaces.

 

Facilitating better Living Conditions and 

The proposed leopard conservation zone will not only provide a safe habitat for these big cats but also incorporate features like watering holes, solar pumps for water supply, camera traps, and native grasslands. This will ensure better living conditions in the areas nearby. There are plans to develop facilities such as a watchtower and an interpretation centre.

 

Preserving Biodiversity and Encouraging Sustainability 

Additionally, just like in Jhalana, there is the possibility of a jungle safari which tourists can enjoy, providing regulated eco-tourism and wildlife awareness to the public. This approach also holds the power to engage the local community and provide employment opportunities. In the larger context, such conservation efforts highlight the need for balancing urban development and preserving natural spaces, ensuring that real estate development respects the boundaries set by nature.

 

In conclusion, the Leopard Paradise Project in Gurgaon is a significant step in the right direction, aimed at preserving the Aravalis and their precious wildlife, particularly leopards. As the city expands and real estate development continues, building up a harmonious balance between urbanisation and nature becomes increasingly vital, and projects like this serve as a beacon of hope for sustainable development.

 

Key Insights for Novice Investors: Maximising Real Estate Investments

The top priority for wealth creation for Indian investors has always been real estate and for all the right reasons. Despite prevailing misconceptions, the right timing and keen insight behind property acquisitions can prove to be highly profitable in the long run. When one makes strategic decisions it can be the key to gaining substantial returns. Thus, understanding the nuances and studying factors like market cycles and property types is crucial for anyone aiming to harness the potential of r

Bangalore Real Estate 2023-24: An Analysis of the Future 

A prominent measure of the success of a real estate market is how much NRI or the international clients it attracts. If we talk about the real estate landscape in India, which continues to evolve, Bengaluru and Mumbai stand out as hotspots global for Non-Resident Indian (NRI) investments.  These cities offer a compelling mix of factors, from stable markets to expanding opportunities, attracting NRIs seeking lucrative real estate prospects.   Bengaluru's Appeal:

The Shifting Landscape: Luxury Real Estate Surpasses Affordable Homes in India

The real estate industry in India is one of the biggest contributors to the country’s economy, projected to account for 13% of its GDP by 2025. The sector, estimated at USD 265.18 billion by 2023, is forecast to reach USD 828.75 billion by 2028. In fact, Indian residential real estate has been named time and time again as one of the fastest-appreciating housing markets in the world.   According to a report released by a leading real estate consultancy, the total number of homes sold