The Union Cabinet has authorised the extension of the major urban housing scheme, the Pradhan Mantri Awas Yojana (Urban), till December 31, 2024. The original deadline for the scheme was March 2022, which was introduced in 2015 with the goal of providing affordable homes with incentives. It was established with the purpose of providing affordable homes for all by the year 2022. Since 2015, the total...
In Gurugram, only 93 real estate projects have been finished since 1992, according to a report released by the Town and Country Planning department. 14 licenced colonies are either being prosecuted or are embroiled in licence problems, and another 21 permits have been cancelled. All of this information was made public during the recently concluded monsoon session of the Haryana Legislative...
Air India is in negotiations to lease about 400,000 square foot. of office space at Vatika's office complex in Gurugram, Haryana. The airline has already signed a letter of intent (LoI) for an approximate 2 lakh sq. ft. area with the option of increasing the space in the future. Air India is apparently planning to shift all offices to this building. Other airline companies like Tata Airlines, Vistara,...
Ingka Centres, the sister company of IKEA, which sells home furnishings is to invest more than Rs 7,300 crore in two of its office and retail buildings in Gurgaon and Noida. The Global furniture giant IKEA is all set to open city centre with a commercial mix in Gurgaon. The multi-use marketplace and meeting place to provide an excellent retail experience. The corporation, with its headquarters in...
The 160 kilometres of the highway that pass through Haryana are projected to be finished by March 2022, according to Gadkari, the Union Minister for Road Transport and Highways. Nitin Gadkari, a Union minister, announced on Thursday that the Delhi-Mumbai Expressway, which is being built for an estimated $95,000 crore, will be finished by March 2023 and that the majority of the work has already been...
A high-rise society in Sector 57 had five residential units demolished by the department of town and country planning (DTCP). According to officials, these apartments were built without the necessary building plans and competent authority permission in the stilt area of three towers in Aloha: B4, B5, and D6. According to district town planner (enforcement) Amit Madholia, "The enforcement team breached...
The Delhi-based company submitted the Draft Red Herring Prospectus (DRHP) to the capital markets regulator SEBI last month in order to raise up to Rs. 1000 crore through an IPO. The real estate company, Signature Global India Ltd., reported a net loss of Rs. 115.5 crore during the previous fiscal year. The company is preparing to conduct a Rs. 1,000 crores public offering. Its net loss for the fiscal...
Real estate company AIPL has leased 3 lakh square feet of retail space in Gurgaon project, a top AIPL official on August 17. Consequently, the company has leased the majority of the 4.8 lakh square feet of retail space to well-known companies including Haldiram's, Inox NSE -2.66%, Costa Coffee, Fab India Chaayos, Bridgestreet, Looks Salon, Sodhi's Super Market, Blue Tokai, and many others. This...
Developer MKS Ventures, based in the NCR, would invest Rs 200 crore in the construction of the group's first residential plots in Sohna Sector-2, South Gurugram. With a total area of 12.125 acres, the three-side open land parcel was built using the DDJAY plan. The MKS County residential plot project, which is situated in a high-traffic area of real estate, is connected to the Gurugram-Sohna Highway,...
The company has leased 200,000 sq. ft. at Cessna Business Park, Outer Ring Road, Bengaluru, and 35,000 sq. ft. at AIPL Business Club in Sector 62, Gurugram. In 1987, Cargill opened a modest liaison office to begin its operations in India. Today, the company operates throughout the country in the areas of refined oils, food ingredients, industrial specialties, grain and oilseeds, cotton, animal...