May 2023

Awfis Expands Its Presence In North India With New Co-Working Spaces In New Gurgaon And Noida

Awfis has expanded its operations in the National Capital Region (NCR) by opening two new centres, Suncity Success Towers in Gurgaon and Knowledge Boulevard in Noida, totaling 85,000 square feet of space and 1,400 seats. The Suncity centre in Gurgaon is 40,000 square feet and has 650 seats, while the Knowledge Boulevard complex in Noida is 44,000 square feet and has 700 seats. The centres...

Luxury Rentals In South Delhi And Gurugram Have Increased Significantly

The luxury rentals on Golf Course Road Gurgaon and the prime locations of south Delhi have grown significantly as top executives and expatriates began work. Rentals on Golf Course Road in Gurgaon have climbed 14% year on year, while rentals at DLF5 Golf Links apartments such as The Magnolias, The Aralias, The Camellias, and The Crest have more than doubled since 2020. Savills India reported...

DLF India Expects Sales Of More Than 15,058 Crore In The Financial Year 2023

DLF Ltd, India's top listed real estate developer, set a new annual sales record in the Indian real estate business in Financial Year 2023, ending March 31st, with cumulative new transactions of INR 15,058 crores. The success of important project launches, such as the luxury residential offering, The Arbour, The Grove in Gurugram, among others, fuelled this extraordinary performance. DLF recorded...

CPR And The Loop Connecting Dwarka Expressway And NH-8 Are Now Open For Traffic

The CPR is an essential part of Dwarka Expressway Package 4, and construction has continued since 2019. The Gurugram district government announced on Wednesday that traffic on the Central Peripheral Road (CPR) had reopened, which is a huge relief for commuters. Nishant Yadav, deputy commissioner of Gurugram, stated that a meeting with officials from the National Highway Authority of India (NHAI)...

HSVP Will Auction 60 Acres Of Land In 17 Sectors Of Gurugram On May 28

Haryana Shahari Vikas Pradhikaran (HSVP) will auction a total of 28 plots in 17 sectors of Gurugram on May 28, with an estimated revenue generation of 250-300 crore. The auction will include 28 plots in various sectors and is designed for group housing developments. The authority pulled some sites from the sale after complaints that four of them were in an area designated as gair mumkin nullah? The...

Magnolia Quality Development Corporation Has Taken A 45,000 Square Foot Lease In Gurgaon

Magnolia Quality Development Corporation (MQDC), a Bangkok-based property development firm, has signed a lease for approximately 45,000 square feet of space in Gurgaon, marking the construction of the country's second coworking hub. The deal was confirmed by Chulamas Jitpatima, country director of the company's Indian division. MQDC entered the Indian market in 2019 with the opening of Whizdom...

Krisumi Corporation Would Invest Rs 300 Crore In The Second Phase Of The Gurugram Project

Krisumi Corporation, a joint venture of Japanese firm Sumitomo Corporation and Indian auto components firm Krishna Group, will invest Rs 300 crore in phase 2 of the 30.38-acre housing project "Krisumi City" in Sector 36A, Gurugram, according to a senior official. Both partners funded the initial capital, and the company expects to earn Rs 500 crore from it. The company has set a revenue target of...

The Sohna And Gurugram Real Estate Markets Are Booming As A Result Of DMIC Development

Listen To The Article Sohna is a fast developing area in the Indian state of Haryana, located in the southern portion of the Gurugram district. It is well-known for its scenic beauty, close proximity to the Aravalli Hills, and a thriving real estate market. The completion of the Delhi-Mumbai Expressway, one of India's greatest infrastructural projects, encouraged real estate development in the...

The Kherki Daula Toll Plaza Will Be Moved In 2-3 Months Says CM Khattar

Manohar Lal Khattar, the chief minister of Haryana, declared that the Kherki Daula toll plaza on the Delhi-Gurgaon Expressway will be demolished within the next two to three months, adding that his government is seeking options for its removal. Khattar made the statement on the sidelines of an event in Gurugram's Sector 79, and stated that he discussed the matter with Union Transport Minister Nitin...

M3M India Has Launched 900 Plots In Panipat With Revenue Potential Of Rs 600 Crore

M3M India Has Launched 900 Plots In Panipat With A Revenue Potential Of 600 Crore

M3M India announced its first plotted-development project, M3M City of Dreams, had launched 900 plots in Haryana's Panipat with a topline of Rs 600 crore. The M3M City of Dreams project is located in Sector 37 in Panipat, where M3M India has presented 900 plots ranging from 140 to 180 square yards, with a sales value potential of Rs 600 crore in Phase-I. According to the corporation, 436 plots...

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