Experion Developers has bought a land lot in Sector 48 in Gurgaon through a government auction worth around Rs 550 crore.  The 5.5-acre plot of land is auctioned by HSVP. This is the company's fourth acquisition in the last several months. The land parcel will be used to build a luxury residential project in sector 48, Gurugram. This land acquisition is a key milestone for Experion Developers...

Galaxy Group, a real estate developer based in Noida, plans to undertake a high-end residential venture in South Delhi, with an estimated budget of Rs 1,000 crore, according to company sources. The opulent apartment complex will be erected on approximately 16,000 square meters of land situated in the Lodhi Colony and Sewa Nagar regions. The Rail Land Development Authority (RLDA) has allocated this land...

NCR-based real estate developer, MRG Group has announced to build a new affordable housing complex in Sector 90, Gurgaon. The project, located along the Dwarka Expressway Gurgaon, will meet the region's growing demand for affordable homes. "We are committed to the state's vision of affordable housing and are excited to continue our efforts in Gurugram to provide competitively priced residential...

The phase-1 construction of the premium residential project Elan The Presidential, Gurgaon has been contracted out to Leighton India by the NCR-based Elan Group for Rs 1,000 crore. Elan The Presidential, the company's first high-end project, will contain 728 units and is being built in Gurugram's sector 106, close to the Dwarka Expressway. Leighton Asia, a subsidiary of the well-known CIMIC...

The Sare Gurugram group housing project is now under the control of KGK Realty (India) Limited and Dhoot Infrastructure Projects Limited. This development brings great news for more than 1200 homebuyers, as the consortium has already taken steps to transfer possession of the properties. Spanning across a vast 47-acre area, the Sare Homes complex offers a total of 4 million square feet of...

Godrej Properties is ready to repurchase all the units sold in the Godrej Summit project in Sector 104, Gurgaon. This decision comes after the concrete used in the construction was found to be contaminated with chloride, causing corrosion in the steel reinforcement when mixed with water. According to Executive Chairperson Pirojsha Godrej, only around 50 residents have shown interest in selling back...

Prime Minister Narendra Modi to lay the foundation work on the renovation of Gurugram, Rewari, and Pataudi railway stations as part of his vision to revamp the NCR railway stations. The Gurugram railway station will be renovated in two phases with a total of 200 crore budget, while Pataudi and Rewari will be upgraded with 7 and 12 crores budget respectively. Gurugram MP Rao Inderjeet Singh made this...

Royal Green Realty launched Shop-Cum-Office (SCO) project of the Courtyard 37D in one of the Gurgaon's most promising location Sector 37D. The project spans 3.63 acres and provides upscale built-up plots. The project provides business with a suitable scale, space, and visibility thanks to its wide choice of site sizes and flexibility for expansion up to 4 stories along with a basement. The project will...

Singapore-based NBFC with a real estate and infrastructure focus made its first investment in India by providing 200 crores as project financing for Vatika Group's premium residential project, Sovereign Park in Gurugram. The investment includes a term loan that aids in a partial refinance to the current lender and the rest sum is allocated for building. The project is located on a 10.5-acres of...

The Haryana Mass Rapid Transport Corporation (HMRTC), announced that the foundation work for the proposed Metro extension from Ballabhgarh to Palwal, covering a distance of about 25 km, and the RITES has been given the contract for the techno feasibility study. The RITES has been asked to make the detailed project report (DPR) for the new Metro rail project from Vatika Chowk, Sohna Road to Pachgaon in...