The Gurugram-based real estate company Conscient Infrastructure purchased 6.6 acres of property in Gurugram to build a housing project for more than Rs 85 crore.The capital markets division of the real estate company Cushman & Wakefield in Gurugram's Sector 80 assisted in the transaction.The cost of the land sale was not included in the statement. However, market sources, claimed that the agreement...
South Delhi-bound motorists who encounter traffic bottlenecks on Nelson Mandela Marg on their way to the T3 airport terminal and Gurgaon will soon find relief when construction on the central government's proposed tunnel begins in two months.The tunnel, which will run from Vasant Kunj Nelson Mandela Marg to Shiv Murti in Mahipalpur and cost around Rs 2,000 crore, has been cleared, according to South Delhi...
Godrej Properties Limited, a major participant in the real estate industry, announced that it has purchased roughly 15 acres of land parcel in Gurugram, Haryana, for the construction of premium residential developments. The corporation stated in a filing to the stock exchanges that the land was purchased outright. However, the cost of purchasing the land or its potential for generating income have...
According to a recent analysis by R&R by Rise, the demand for both residential and commercial buildings would cause the Delhi-NCR real estate market to increase significantly in 2023. The 30- to 44-year-old millennial group, which is driving this demand, is anticipated to reach new heights in the upcoming year. About 40% of prospective purchasers believe that real estate in Delhi-NCR is the...
Gurugram Metropolitan Development Authority (GMDA) Officials announced that the area between the Sikanderpur Metro Station and the IFFCO Chowk will shortly undergo streetscape and remodelling work. The first project of its kind in Gurugram would see the creation of a dedicated pedestrian walkway, cycle lanes, green spaces with kids play area, benches, bus stops, and vending areas. According to...
The forest department said that a demolition effort would take place in more than 100 acres of an 11-village-diameter Aravali forest area in the coming month. The forest department conducted a survey and found that these regions had been invaded for the purpose of building farmhouses. Next month, we will be conducting a large-scale demolition drive in the area. The push has been put on hold while...
Sohna has developed itself as a significant name in the plotted real estate development. This once-quaint town, which is located in the lovely Aravalli Range, has seen an amazing transformation into a thriving hub of urban growth and economic prosperity. Sohna is becoming a well-liked option for investors and consumers interested in planned real estate because of its advantageous location, stunning...
The expansion of the Metro line from HUDA City Centre Metro Station to Cyber City Gurugram has been given approval by the Union Cabinet. The development is expected to have a positive impact on the area's real estate market. Since it would receive a big infrastructure development, real estate companies appealed it holds enormous potential, mainly for the real estate sectors between the Dwarka...
The focus is now on land purchases as real estate developers are picking up the pace with new projects as major companies have high sales goals for themselves beginning this year. According to JLL India report, approximately 100 land transactions encompassing a region with a 209 million square foot development potential occurred between January 2022 and May 2023. About 84% of this was allocated...
An outstanding commercial development called Elan The Mark is launched in Sector 106 Gurgaon, off the Dwarka Expressway. It serves as a model for contemporary and energetic commercial spaces. Elan The Mark provides a strategic business address with strong connectivity to important transit hubs and commercial centres because of its outstanding position. The project's cutting-edge infrastructure and...