November 2022

Adani Group Has Won The Dharavi Redevelopment Project With A Bid Of Rs 5,069 Crore

Listen To The Article Adani Group has won the bid to redevelop Mumbai's Dharavi area, one of Asia's largest slum clusters. The Maharashtra government officials opened financial bids for the Dharavi redevelopment project on November 29. SVR Srinivas, Chief Executive Officer of Dharavi Redevelopment Project says "We got three bids, of which we opened two financial bids of Adani and DLF as...

Illegal Structures In Aravalis, Gurugram Will Be Demolished Next Week

Listen To The Article Following the repeal of GRAP-3 restrictions, the forest department intends to carry out a demolition drive to free Aravalis from encroachment in the district. Beginning next week, it will demolish illegal structures on more than 20 acres of Aravali land in Abheypur near Damdama lake. In the Sonya Ghosh case, the NGT ordered an end to illegal tree felling, construction...

After 1.5 Years Of No Work On The Site, Buyers Seek An Audit Of The Expressway Tower

Listen To The Article Expressway Tower homebuyers have demanded a structural and forensic audit of the Sector 109 affordable housing project, prompting the department of town and country planning (DTCP) to convene a meeting with the developer and investors on December 6 to discuss the issues. Even though there has been no construction at the site for the past years, residents claim that the...

In Land Fraud Cases, The Court Denies Anticipatory Bail To Ardee City Builder

Listen To The Article A city court on Monday denied the director of Ardee City's builder's anticipatory bail application, accusing him of forging documents to obtain a licence for approximately 40 acres of land owned by the HSVP and failing to develop the area earmarked for EWS plots in Sector 57, Gurugram. Additional Sessions Judge Jasbir Singh denied Gopal Das Estates & Housing...

Godrej Properties Sells Over Rs. 30 Millions Of Villas In Greater Noida

Listen To The Article Godrej Properties today announced that it sold villas worth more than Rs 300 crore on the first day of the launch of a 100-acre township in Greater Noida, defying the current slowdown in the NCR property market. Godrej Properties is the Godrej Group's real estate division. This is the firm's first project in the Noida-Greater Noida area. The 'Godrej Golf Links' township...

Gurugram Municipal Corporation’s Estimate To Complete Deficient Infrastructure In Four Colonies

Listen To The Article MCG has prepared estimates to repair the inadequate infrastructure in four of the eight private colonies it took control of five months ago. It has made the estimates after conducting a new survey on the ground following the takeover, which will now be forwarded to the state government for final approval. According to officials, the highest estimate is for Vipul World,...

L&T Realty And Capitaland India To Build Six Million Square Feet Of Office Space

Listen To The Article L&T Realty, Larsen and Toubro's real estate development arm, and Singapore-listed CapitaLand and India Trust Management, trustee-manager of CapitaLand India Trust (CLINT). have signed a non-binding term sheet for a commercial platform that will develop nearly six million square feet of office space in Bengaluru, Chennai, and Mumbai. L&T will build and develop...

Paras Buildtech Purchases Two-Acres Of Land In Noida For Rs. 91 Crore

Listen To The Article Paras Buildtech, a Delhi-based real estate developer, has purchased a 2-acre land parcel in Noida's sector 129 from a South Indian financial institution for Rs 91 crore, according to a senior company official. The company intends to develop 2.7 lakh square feet of retail space and approximately 1.5 lakh square feet of office space with a total investment of...

A Metro Line From Huda City Center To Cyber City Has Been Approved By The Center

Listen To The Article Haryana Chief Secretary Sanjeev Kaushal announced on Friday that the Central Government’s Public Investment Board has approved a 28.8-kilometer-long metro connection between HUDA City Centre and Cyber City in Gurugram. It would provide an efficient and environmentally friendly transportation system to the people of Haryana, particularly those living in Gurugram and...

Smartworld Developers Has Announced The Launch Of High Street Retail Project In Gurugram

Listen To The Article Smartworld Developers Private Limited, based in Gurugram, has announced the launch of its premium high street retail project, 'Smartworld Orchard Street.' The project is 100,000 square feet in size and is located on the prestigious Golf Course Extension Road opposite the Grand Hyatt in Sector 61, Gurugram. This project is expected to generate a top line of Rs 250 crore for...

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