Listen To The Article The second phase of the structural assessments of highrise residential societies will begin on April 1 as per the decision made by the district administration. This follows a meeting to discuss the issues highlighted in the first phase between (resident welfare associations) RWAs, developers, and auditing agencies at the mini secretariat. Many highrise societies encountered...

Listen To The Article Two separate FIRs have been filed for alleged fraud against Gurugram based reputed real estate developer Vatika Limited and its managing directors. An FIR has been registered at the Sector 10-A police station for Rs 133 crore rupees fraud, while one more has been registered at the Kherki Daula police station for Rs 36 lakh rupees cheating. Both FIRs were filed on the advice...

Listen To The Article The Haryana Real Estate Regulatory Authority (HARERA), Gurugram, has rejected real estate promoter Shree Vardhman Infraheights Private Limited's application for an extension of registration for its group housing project Shree Vardhman Victoria, “over repeated non-compliance” with various rules and the Real Estate (Regulation and Development) Act, 2016. According to...

Listen To The Article Ashiana Housing Limited, a real estate developer announced that it had submitted the highest bid for a residential project being developed in Gurugram by the Haryana State Industrial & Infrastructure Development Corporation (HSIIDC). According to the company, HSIIDC has certified that Ashiana Housing was the top bidder in their own e-auction for the allocation of...

Listen To The Article Aspr Greenz and Aspr Hills are two new residential projects offered by Mapsko, a renowned real estate developer situated in Gurgaon. The attractive plot sizes and amenities like open gyms, kids play areas, and multipurpose courts are included in the projects. The new projects are close to city landmarks and situated in the most desirable areas of Sonipat and Gurgoan,...

Listen To The Article Max Estates, a subsidiary of Max Ventures and Industries Limited (MaxVIL), has so far deployed equity worth approximately Rs 2,000 crore, and funded the acquisition of four projects in Noida and Gurugram, respectively, according to MaxVIL MD and CEO Sahil Vachani. We have acquired these four projects entirely through equity. We raised the funds by selling our packaging...

Listen To The Article Ashiana Housing exceeds its annual booking value target of Rs 1,100 crore. The company has exceeded its annual booking value of Rs 1,100 crore for the financial year 2022-2023. The total booking value for financial year 2023 was Rs 1,278.84 crore, with 25.21 lakh square feet of booking area. In addition, a total of 351 expressions of interest (EOIs) were received in...

Listen To The Article K Raheja Realty, a Mumbai-based real estate developer, has launched a premium ready-to-move-in residential property. Tower G at Raheja Residency in Malad East offers 2BHK luxury residences beginning at Rs 1.95 crore. The 20-story tower will have four units on each floor, and the early bird booking offer will begin around April 30, 2023. The property, which is in a good...

Listen To The Article A metro link between Faridabad and Gurugram is possible now. After a DPR is finalized and approved, work on the project will begin in the coming months. According to reports, the project has been approved by the Haryana government.  This project will be beneficial for both cities. It will also improve connectivity between Delhi and the rest of the National Capital...

Listen To The Article Experion Developers Singapore’s real estate focussed fund received the highest votes for Blackstone-backed besieged Dignity Buildcon in a deal that would imply a 50% recovery for lenders originally led by Stanchart Bank, as per the application filed by the resolution expert with the bankruptcy court. Experion Developers offered Rs 450 crore for the real estate...