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NRIs lap up DLF Privana North condos

Mint Ahmedabad

|

June 19, 2025

Almost 30% of the homebuyers in DLF Ltd's latest premium residential project were non-resident Indians (NRIs), a top company official said on Wednesday, after wealthy consumers snapped up the plush condominiums in a testament to robust demand for high-end properties in the country.

- Madhurima Nandy

DLF clocked ₹11,000 crore from bookings in Privana North, as it sold the entire project inventory within a week of its launch, it said on 16 June.

The project, part of the company's larger 116-acre township DLF Privana in sectors 76 and 77, Gurugram, offers 1,152 four-bedroom apartments and 12 penthouses spread across 17.7 acres. With apartments priced at an average of ₹9.5 crore and penthouses at ₹25 crore, the rapid absorption signals continued appetite among affluent domestic and non-resident Indian (NRI) buyers for high-end, master-planned communities.

FLERE HISTORIER FRA Mint Ahmedabad

Mint Ahmedabad

Mint Ahmedabad

No selloff, SAIL unit to get cash infusion

The Union steel ministry is preparing to infuse more than ₹400 crore into Salem Steel Plant, the stainless-steel unit of the Steel Authority of India Ltd (SAIL), marking a sharp policy turn from its earlier intent to privatize the loss-making mill, according to two senior ministry officials.

time to read

1 min

November 26, 2025

Mint Ahmedabad

Lord’s Mark Industries Ltd. acquires Renalyx, redefining the future of dialysis

Lord’s Mark Industries Ltd., a diversified healthcare and technology-led group, announced the acquisition of an 85% stake in Renalyx Health Systems Private Limited—the Bengaluru-based, med-tech innovator behind India’s first fully indigenous, Al and cloud-enabled smart hemodialysis machine.

time to read

1 mins

November 26, 2025

Mint Ahmedabad

Eris completes Swiss Parenterals buyout

The deal will be executed via preferential share-swap to seller Naishadh Shah.

time to read

1 min

November 26, 2025

Mint Ahmedabad

India’s oil binge to end in Dec as sanctions bite Russia

US targeted top Russian producers Rosneft and Lukoil in recent round of sanctions. AP

time to read

1 mins

November 26, 2025

Mint Ahmedabad

Volcanic ash disrupts flights ops

Ash clouds from volcanic eruption in Ethiopia reached parts of India on Tuesday affecting flight operations but it had no impact on the weather or air quality, according to government agencies.

time to read

1 min

November 26, 2025

Mint Ahmedabad

Mint Ahmedabad

How EVs came to dominate 3-W market

Of the 1.1 million three-wheelers sold in India this calender year (as of 24 November), more than 687,000, or about 60%, were electric vehicles (EVs), compared with a measly 4.1% for cars and 6.2% for two-wheelers, government data showed.

time to read

2 mins

November 26, 2025

Mint Ahmedabad

Mint Ahmedabad

GDP growth likely at 7.2% in Q2: Mint poll

Slow growth in government capital expenditure compared to the previous quarter (31% vs 52%) may weigh on growth, Aditi Nayar, chief economist at Icra, said in areport.

time to read

1 min

November 26, 2025

Mint Ahmedabad

Mint Ahmedabad

Zappfresh builds cold-chain muscle to push frozen foods

Recently listed Zappfresh is preparing to make its boldest bet yet.

time to read

2 mins

November 26, 2025

Mint Ahmedabad

Mint Ahmedabad

Sovereign AI takes off to prevent overdependence

technology package to allies, which includes Nvidia’s high-end chips and software.

time to read

3 mins

November 26, 2025

Mint Ahmedabad

Mint Ahmedabad

Fed chair Powell's allies provide opening for December rate cut

A divided committee, missing data and a whiff of stagflation leave Powell with hard choices

time to read

4 mins

November 26, 2025

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