Listen To The Article Winworld RealtyAn eight-lane tunnel connecting three major national highways in the national capital will be built soon. The mega tunnel's construction will begin in May 2023 at a cost of around Rs 2000 crore. With a width of around 14 metres, this will be one of the country's widest tunnels and the country's first eight-lane underground pass. The five-kilometer tunnel...
Listen To The Article WeWork India has leased over 50,000 square feet of office space in Gurgaon to the National Australia Bank, which plans to open its first office in India. The office will be located at WeWork's recently opened office in DLF 9A in Cyber City, Gurgaon. WeWorkâs newly opened office in DLF 9A in Cyber City, Gurgaon, will fully fund the workspace....
Listen To The Article County Group has purchased a 28-acre plot of land in Noida for approximately 450 crores as part of its expansion strategy. With the recovery in housing demand, real estate developers have begun to acquire land through outright purchases as well as the formation of joint development agreements (JDAs). According to sources, County Group recently purchased the 28...
Listen To The Article Godrej Properties (GPL) has purchased an 18-acres land parcel in Kandivali, Mumbai for about 750 crores. According to the company, the project has a developable potential of approximately 3.72 million square feet and an estimated revenue potential of approximately 7,000 crores. The project will include premium residential apartments as well as...
Listen To The Article There was a flurry of activity in the Noida Authority's office regarding the New Noida 2041 master plan. On Saturday, the School of Planning and Architecture presented its report at the Noida Authority's office in Sector 6. In which it was stated that the initial development of New Noida will take place on 3,000 hectares of land. The development...
Listen To The Article "MDH has purchased 20,236 square metres of land in Sector 18 Gurgaon for Rs 98 crore and another 1,000 square metres of land in Udyog Vihar in Gurgaon for Rs 22 crore. According to the CRE Matrix, a real estate data analytics firm, Mahashian Di Hatti Private Ltd., also known as MDH, purchased two industrial plots in Gurgaon for Rs 120 crore. "Increased demand for...
Listen To The Article Motilal Oswal Group has provided Rs 450 crore to Shapoorji Pallonji Real Estate (SPRE) to fund two Shapoorji Pallonji Real Estate projects. Motilal Oswal Alternates, the Motilal Oswal Group's investment arm, has committed Rs 450 crore to Shapoorji Pallonji Real Estate. The funds were allocated to complete two projects. One of the projects is a partially...
Listen To The Article Elan Group, based in Gurgaon, will invest Rs 4,000 crore in developing 8 million square feet of luxury residential space on the Dwarka Expressway, on a 40-acre land parcel purchased from Indiabulls Real Estate in January for Rs 580 crore. It is a fully licenced 40-acre property, with 30 acres reserved for residential development and 10 acres set aside for...
Listen To The Article The Special Window for Affordable and Mid-Income Housing (SWAMIH) fund has accepted approximately Rs 207 crore for the completion of a stalled real estate project in Greater Noida. The last-mile funding, of which the first instalment was recently released, will result in the timely supply of homes to 1,000 house consumers at Sikka Kimaya Greens. "The Sikka group...