#newhousing

DLF Ltd is one of the largest real estate companies in India, known for its residential and commercial projects. The company has a strong presence in the National Capital Region (NCR) and has also expanded to other cities such as Chennai, Hyderabad, and Pune. Its latest project is DLF Downtown, a mixed-use development in Gurugram that includes residential, commercial, and retail spaces.

Most Successful Projects of DLF Ltd

DLF Ltd has developed many successful projects over the years, some of which include:

DLF Cybercity: Located in Gurugram, this commercial complex is spread over 2.5 million square feet and houses many top MNCs such as IBM, Accenture, and Ericsson.

DLF Emporio: This luxury mall in Delhi is home to many high-end international brands such as Louis Vuitton, Gucci, and Dior.

DLF Garden City: Located in Lucknow, this residential project spans over 248 acres and offers a variety of housing options, including villas and apartments.

DLF Ultima: Situated in Gurugram, this residential project offers luxury apartments with world-class amenities such as a rooftop infinity pool, a gym, and a spa.

DLF Cyberhub: This popular food and entertainment destination in Gurugram features over 50 restaurants and bars, making it a favorite spot for locals and tourists alike.

These projects have not only contributed to DLF's success but have also set new benchmarks in the real estate industry.

What U.S. Cities Investing the Most in New Housing?  SWFL multiple mentions on the list!  

Housing Supply Not Keeping Up with Population Increase

The population increase in the U.S. is not keeping up with the supply of housing. As a result, many buyers are wondering where to find houses for sale in today’s market. It’s a true dilemma. We see an increase in buyer demand, but the supply available for purchase isn’t keeping up.

The number of new housing permits issued prior to the great recession increased for 15 years until 2005 (from 1.12 million in 1990 to a pre-recession peak of 2.16 million in 2005). According to Apartment List,

“From 1990 to 2005, the number of single-family permits issued more than doubled, while the number of multi-family permits grew by 49 percent.”

When the housing market crashed, the number of new homes permitted decreased to its lowest level in 2009 (see below):

Since then, supply and demand have been out of balance when it comes to new construction. According to the same report,

“Construction of single-family homes has recovered much more slowly — the number of single-family housing units permitted in 2018 was barely half the number permitted in 2005.”

With the Population Increase, Why is new construction so important?

As the U.S. population increases, there is also an increase in the need for new homes. Today, new construction is not keeping up with the increase in the nation’s population. The report continues:

“The total number of residential housing units permitted in 2018 was roughly the same as the number permitted in 1994, when the country’s population was 20 percent less than it is today.”

Essentially, the dip in home building coupled with the steadily increasing U.S. population means there is now a selling opportunity for homeowners willing to list their current houses.

So, if you’re considering selling your home to move up, now is a great time to get a positive return on your investment in a market with high demand. Let’s get together to determine the specific options available for you and your family.