February 2023

Haryana Government Allocated Rs 5893 Crore For Urban Development And Housing

Haryana Government Allocated Rs 5893 Crore For Urban Development And Housing

Listen To The Article The Haryana government presented a Rs 1.83 lakh crore budget for the financial year 2023-2024, with Rs 5,893 crore kept for urban development and the housing sector. In his Budget speech, Chief Minister Manohar Lal Khattar also stated the establishment of two data centre parks in the state, one in Gurugram and one in Ambala district. In addition to the benefits of...

Hero Realty Has Sealed A 5-Acre Land Deal In Gurugram For A Residential Project

Hero Realty Has Sealed A 5-Acre Land Deal In Gurugram For A Residential Project

Listen To The Article Hero Realty Pvt Ltd has paid Rs 90 crore for a 5-acre plotted residential project in Sector 85, Gurugram. Cushman & Wakefield, a property consultant, assisted with the transaction, and the seller's identity has yet to be revealed. Hero Realty, a secondary body of Sunil Kant Munjal's Hero Enterprise, has purchased land in Gurugram's Sector 85 for residential...

Builder Of Affordable Houses Has To Pay For the Maintenance Of Adjoining Roads, And Parks

Listen To The Article The Department of Town and Country Planning (DTCP) has issued a public notice regarding maintenance charges in affordable housing societies in Gurugram and has requested suggestions and objections. This follows complaints from homebuyers of affordable housing projects that developers charge Maintenance fees ranging from 2.50 to 4 rupees per square foot, violating the...

Stilt-Plus-Four-Floors Building Policy Is On Hold In Haryana

Stilt-Plus-Four-Floors Building Policy Is On Hold In Haryana

Listen To The Article The Haryana government decided to suspend its much-criticized policy regarding constructing stilt-plus-four-story buildings in Haryana Sahari Vikas Pradhikaran (HSVP) developed sectors. The decision would be mandatory throughout the state, only a stay in the Panchkula district. The government has also announced the formation of a committee to re-examine the issue, and...

Signature Global Launches Three Independent Floor Projects In Gurugram

Signature Global Launches Three Independent Floor Projects In Gurugram

Listen To The Article Signature Global has announced the launch of three independent floor projects in Gurugram as part of its Mission 2023 initiative. Signature Global City 93 in Sector 93, Signature Global City 79 B in Sector 79, and Signature Global City 92-2 in Sector 92 are among the projects announced in Gurugram. "As part of our portfolio expansion, we are overjoyed to launch these...

Realtor M3M Acquires Rs 1,500 Crore From PAG Credit & Markets

Realtor M3M Acquires Rs 1,500 Crore From PAG Credit & Markets

Listen To The Article M3M Realty has secured a Rs 1,500 crore debt facility from alternative investment firm PAG Credit & Market for eyeing its portfolio expansion. The money will be paid back in four instalments of 600, 300, 250, and 350 crores over the course of 1.5 years. The funds will be used to expand the portfolio and make additional land acquisitions. M3M recently completed...

The Residents Welfare Association Demand Structural Audits Of Highrises In Delhi-NCR

The Residents Welfare Association Demand Structural Audits Of Highrises In Delhi-NCR

Listen To The Article With the recent earthquake in southern Turkey causing hundreds of highrise buildings to collapse. The Confederation of NCR Residents Welfare Association (CONRWA) has demanded a structural audit of all residential buildings in Delhi-NCR, particularly in highrises. The residents' body sent a letter to Union Urban Development Minister Hardeep Singh Puri, stating that...

DLF Plans To Build 1100 Ultra Luxury Apartments In Golf Course Extension Road, Gurgaon

DLF Plans To Build 1100 Ultra Luxury Apartments In Golf Course Extension Road, Gurgaon

Listen To The Article DLF plans to launch a new ultra-luxury project with 1,100 housing units on Golf Course Extension Road in Gurgaon. It has an estimated revenue potential of Rs 8,000 crore in the future. The official launch is scheduled for the next week. After a decade, DLF will launch a high-rise condominium. Crest and Camellias were their most recent projects in Gurgaon. DLF Limited...

Max Estates Expands Into Gurugram, Signing A Deal With Namo Realtech To Build A 12-Acre Housing Project

Max Estates Expands Into Gurugram, Signing A Deal With Namo Realtech To Build A 12-Acre Housing Project

Listen To The Article Max Estates, the real estate arm of Max Ventures and Industries Limited (MaxVIL), has entered the residential real estate market in Gurugram through a joint development agreement (JDA) with Namo Realtech Private Limited to develop 12 acres housing project. According to a statement issued by MaxVIL, the project has a development with a potential of approximately 2.4...

Delhi Development Authority-Mehrauli Demolition Case Explained

Delhi Development Authority-Mehrauli Demolition Case Explained

Listen To The Article The Delhi High Court on Tuesday ordered the authorities to maintain the status quo on various properties in the Mehrauli Archaeological Park area of the national capital that have been identified for demolition as part of an anti-encroachment drive until February 16. The high court also ordered the Delhi Development Authority (DDA) to respond to a slew of petitions...

Compare listings

Compare