November 2022

M3M India Buys 13-Acre Land Parcel in Noida

M3M India Buys 13-Acre Land Parcel In Noida For Rs 827.41 Crore

Listen To The Article M3M India has bought 13 acres of land parcel in Noida through e-auctions and plans to invest around Rs 2,400 crore in developing a mixed-use project, according to its director Pankaj Bansal. M3M India, which has a significant presence in Gurugram, will enter the Noida property market with this project. "We bought a 52,000 square metre plot in Sector 94 in an...

The Opening Of The Gurugram Section Of The Dwarka Expressway Will Boost The Region's Real Estate

The Opening Of The Gurugram Section Of The Dwarka Expressway Will Boost The Region’s Real Estate

Listen To The Article Soon after its announcement of Gurugram part of Dwarka Expressway opening, it significantly increased demand for nearby real estate projects. There has been a lot of development in every sector, including residential and commercial properties like independent floors, high-rise buildings, shopping arcades, malls, healthcare and education facilities, and so on, attracting a...

DTCP Seeks Stay on Lease Deed Of Raheja Developers And Brisk Infrastructure

DTCP Seeks Stay On Lease Deed Of Raheja Developers And Brisk Infrastructure

Listen To The Article The town and country planning department (DTCP) has recommended that all projects of two developers be stopped from registering sale and lease deeds because they failed to pay for structural audits of their residential societies in Gurugram. Despite repeated reminders, district town planner Amit Madholia wrote to deputy commissioner Nishant Yadav that Raheja Developers...

Noida Expressway: The New Hotspot For Developers In NCR

Noida Expressway: The New Hotspot For Developers In NCR

Listen To The Article Gurgaon’s Golf Course Road, Extension Road, and Sectors 128–135 on the Noida Expressway are emerging as preferred NCR micro markets for developers for both residential and commercial projects, with non-residents looking to acquire land in these two areas. While M3M has several projects on Gurgaon’s Gold Course Road Extension, DLF is also planning to launch a group...

Godrej Properties Invests Rs 377 Crores For Two Land Parcels In Noida

Godrej Properties Invests Rs 377 Crores For Two Land Parcels In Noida

Listen To The Article Godrej Properties Limited paid Rs. 377 crores to the local authority for two land parcels for a residential project in Noida. Godrej emerged as the highest bidder for both plots after the authority received five bids. "The Noida authority will earn Rs 377 crore from the auction, which will attract Rs 2,000 crore in investment," the Noida authority said in a...

Pyramid Will Pay Homebuyers Rs 50,000 After Constructing Two Illegal Towers

Pyramid Will Pay Homebuyers Rs 50,000 After Constructing Two Illegal Towers

Listen To The Article Homebuyers of Pyramid Urban Homes 2, an affordable housing project in Sector 86, Gurugram will receive Rs 50,000 in compensation because the developer built two additional towers in violation of the approved plan. The Haryana Real Estate Regulatory Authority H-Rera has ordered the developer to refund interest-free security, labor cess, and other charges collected from...

Reliance Is Planning to Build a Smart City Near Gurugram

Reliance Industries Limited Is Planning To Build A Smart City Near Gurugram

Listen To The Article In a statement, Mukesh Ambani's firm said, "Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL), is emerging as a world class Greenfield Smart City near Gurugram, Haryana.” MET City is a Japan Industrial Township (JIT), and its integrated industrial township is home to four leading Japanese companies. "Nihon...

After Supertech Twin Towers, The Gurugram Administration Will Demolish The Chintels Towers

After Supertech Twin Towers, The Gurugram Administration Will Demolish The Chintels Towers

Listen To The Article The district administration announced on Saturday that a tower of the Chintels Paradiso society in Gurugram, which partially collapsed in February, killing two women, will be demolished, citing a report by an IIT Delhi team that discovered structural deficiencies "beyond repair." The dining room floor of a sixth-floor apartment in Tower D collapsed on February 10,...

NCR Cities Are Among NRIs' Top Picks For Investment, Says A Survey

NCR Cities Are Among NRIs’ Top Picks For Investment, Says A Survey

Listen To The Article According to a survey, approximately 20 percent of NRIs intend to buy homes in NCR cities for investment purposes. Other major cities on the NRI's wish list include Bengaluru and Hyderabad. As per the report, the devaluing rupee and the ongoing resilience in the Indian residential real estate market are significant draws for NRIs to invest in their home country....

GMDA To Construct Service Roads Alongside Dwarka Expressway to Strengthen Regional Connectivity

GMDA To Construct Service Roads Alongside Dwarka Expressway To Strengthen Regional Connectivity

Listen To The Article The GMDA will spend approximately 120 crores to build a service road and a sewage system on both sides of the high-speed corridor. The Gurugram section of the Dwarka Expressway is almost finished and will be fully operational in early 2023. Thousands of families in newly developed sectors 81 to 115 benefit from the construction of service roads, and residents have...

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