Listen To The Article   Sanskar Homes, a Delhi-based real estate developer, has paid Rs 71 crore for an 800-square-yard property in South Delhi's Westend. Ravi Arora’s company intends to build residential floors on the property. Previously, the company, which focuses on luxury floors, had purchased a bungalow from Mobius Foundation chairman Pradip Burman for...

Listen To The Article   Winworld Realty The GMDA intends to redevelop Southern Peripheral Road (SPR) by building eight flyovers and an underpass along the 12-kilometer stretch. This comes five months after Manohar Lal Khattar directed GMDA officials to expand the Golf Course Road (Extension) upgrade plan to include the entire SPR. At the ninth Authority meeting in...

Listen To The Article   M3M India has purchased 1.3-acre land parcels in Gurugram for approximately Rs 200 crore in order to construct a luxury commercial project, primarily retail space. The land near IFFCO Chowk was acquired through an auction held by Haryana Shahari Vikas Pradhikaran (HSVP). The entire project would cost Rs 250 crore. The estimated top line for this...

Listen To The Article   A Biodiversity Park on approximately 420 acres will be developed in three Gurugram villages: Damdama, Khedla, and Abhaypur. Haryana Chief Minister Manohar Lal Khattar officially launched the project and said that the Biodiversity Park will be constructed in four stages. He stated that the government is working to make this area a tourist...

Listen To The Article Winworld RealtyAn eight-lane tunnel connecting three major national highways in the national capital will be built soon. The mega tunnel's construction will begin in May 2023 at a cost of around Rs 2000 crore. With a width of around 14 metres, this will be one of the country's widest tunnels and the country's first eight-lane underground pass. The five-kilometer tunnel...

Listen To The Article   WeWork India has leased over 50,000 square feet of office space in Gurgaon to the National Australia Bank, which plans to open its first office in India. The office will be located at WeWork's recently opened office in DLF 9A in Cyber City, Gurgaon. WeWork’s newly opened office in DLF 9A in Cyber City, Gurgaon, will fully fund the workspace....

Listen To The Article   County Group has purchased a 28-acre plot of land in Noida for approximately 450 crores as part of its expansion strategy. With the recovery in housing demand, real estate developers have begun to acquire land through outright purchases as well as the formation of joint development agreements (JDAs). According to sources, County Group recently purchased the 28...

Listen To The Article   Godrej Properties (GPL) has purchased an 18-acres land parcel in Kandivali, Mumbai for about 750 crores. According to the company, the project has a developable potential of approximately 3.72 million square feet and an estimated revenue potential of approximately 7,000 crores. The project will include premium residential apartments as well as...

Listen To The Article   There was a flurry of activity in the Noida Authority's office regarding the New Noida 2041 master plan. On Saturday, the School of Planning and Architecture presented its report at the Noida Authority's office in Sector 6. In which it was stated that the initial development of New Noida will take place on 3,000 hectares of land. The development...

Listen To The Article "MDH has purchased 20,236 square metres of land in Sector 18 Gurgaon for Rs 98 crore and another 1,000 square metres of land in Udyog Vihar in Gurgaon for Rs 22 crore. According to the CRE Matrix, a real estate data analytics firm, Mahashian Di Hatti Private Ltd., also known as MDH, purchased two industrial plots in Gurgaon for Rs 120 crore. "Increased demand for...