The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) intends to build Vision City, a commercial hub for items like jewellery, gems, and furniture, on about 121 acres of land near the intersection of the Dwarka Expressway and Pataudi Road in Sector 88. It will be developed after the completion of the Global City project, which will be built on 1,003 acres of land....

The Delhi government announced a 1 percent increase in transfer duty on properties priced above Rs 25 lakh throughout the city, purchasing real estate in the National Capital would now be more expensive. The Municipal Corporation of Delhi (MCD) accepted the increase in transfer duty in May 2022, but the Delhi government didn't issue a notification regarding it until July 10, 2023. The transfer...

The Municipal Corporation of Gurugram is getting ready to require separate water connections for every floors in four-story buildings in an effort to stop the threat of unlicensed non-taxed water supply. Due to unpaid water cess, the civic administration loses over Rs 7 crore each month. Only 1.9 lakh registered water connections exist despite the MC having almost 3.5 lakh homes registered with...

One of the established micro-market known for its upmarket residential and commercial construction, Golf Course Road is a desirable location for real estate development. An e-auction held by the Haryana Shehri Vikas Pradhikaran (HSVP) revealed that Godrej Properties, one of India's top real estate developers, had placed the highest offer and won the Letter of Intent to develop two group housing...

Experion Developers' has purchased three land parcels in the Delhi-NCR for Rs 1,100 crore for new residential and commercial development. Experion Developers is a 100% FDI-funded real estate developer supported by Singapore's Experion Holdings. A 4-acre land piece on Gurgaon's Golf Course Road was purchased for Rs 400 crore, and a second 5-acre parcel in Noida's sector 45 was purchased for Rs 250...

Hero Realty intends to start up real estate projects this fiscal year that would total over 4 million square feet and have a potential income potential of Rs 3,500 crore. According to Shah, the company, which is supported by Sunil Kant Munjal's Hero Enterprise, is also thinking about doing an initial public offering (IPO) in the next three to four years. Hero Realty intends to invest between Rs...

In order to improve enforcement and stop illegal construction activities, the department of town and country planning (DTCP) has divided Gurgaon into three zones and assigned two new enforcement officials for three months. They stated that the two newly created authorities would be in charge of demolition drives and enforcement operations in their respective zones. The first zone will consist of...

The Affordable Housing Policy-2013 was amended by the Haryana Cabinet on Friday, which resulted in an average 20% rise in the allotment rates for apartments in Affordable Group Housing projects throughout the state. Under section 9-A of the Haryana Development and Regulation of Urban Areas Act, 1975, the cabinet, which convened here under the supervision of chief minister Manohar Lal Khattar,...

The residential sales in Delhi-NCR reached a 10-year high in the first half of 2023 with 30,114 units sold, with Gurugram accounting for more than half of the units sold with a 52% share. A combined 32% of the market was accounted for by Noida and Greater Noida. Ghaziabad contributed 12%, while Delhi and Faridabad each contributed 2%. The volume of home sales in 2023 will increase by 3% annually...

Experion Developers is proud to announce the unique availability of 10 gorgeous units for sale in Windchants, a premier real estate development community known for its dedication to building great living spaces. The project is nestled in the exclusive sector 112 of Gurugram, the Millennium city, Windchants is a monument to unmatched elegance and sophistication. Being the first development in the...