Listen To The Article Paras Buildtech, a Delhi-based real estate developer, has purchased a 2-acre land parcel in Noida's sector 129 from a South Indian financial institution for Rs 91 crore, according to a senior company official. The company intends to develop 2.7 lakh square feet of retail space and approximately 1.5 lakh square feet of office space with a total investment of...

Listen To The Article Haryana Chief Secretary Sanjeev Kaushal announced on Friday that the Central Government’s Public Investment Board has approved a 28.8-kilometer-long metro connection between HUDA City Centre and Cyber City in Gurugram. It would provide an efficient and environmentally friendly transportation system to the people of Haryana, particularly those living in Gurugram and...

Listen To The Article Smartworld Developers Private Limited, based in Gurugram, has announced the launch of its premium high street retail project, 'Smartworld Orchard Street.' The project is 100,000 square feet in size and is located on the prestigious Golf Course Extension Road opposite the Grand Hyatt in Sector 61, Gurugram. This project is expected to generate a top line of Rs 250 crore for...

Listen To The Article M3M India has bought 13 acres of land parcel in Noida through e-auctions and plans to invest around Rs 2,400 crore in developing a mixed-use project, according to its director Pankaj Bansal. M3M India, which has a significant presence in Gurugram, will enter the Noida property market with this project. "We bought a 52,000 square metre plot in Sector 94 in an...

Listen To The Article Soon after its announcement of Gurugram part of Dwarka Expressway opening, it significantly increased demand for nearby real estate projects. There has been a lot of development in every sector, including residential and commercial properties like independent floors, high-rise buildings, shopping arcades, malls, healthcare and education facilities, and so on, attracting a...

Listen To The Article The town and country planning department (DTCP) has recommended that all projects of two developers be stopped from registering sale and lease deeds because they failed to pay for structural audits of their residential societies in Gurugram. Despite repeated reminders, district town planner Amit Madholia wrote to deputy commissioner Nishant Yadav that Raheja Developers...

Listen To The Article Gurgaon’s Golf Course Road, Extension Road, and Sectors 128–135 on the Noida Expressway are emerging as preferred NCR micro markets for developers for both residential and commercial projects, with non-residents looking to acquire land in these two areas. While M3M has several projects on Gurgaon’s Gold Course Road Extension, DLF is also planning to launch a group...

Listen To The Article Godrej Properties Limited paid Rs. 377 crores to the local authority for two land parcels for a residential project in Noida. Godrej emerged as the highest bidder for both plots after the authority received five bids. "The Noida authority will earn Rs 377 crore from the auction, which will attract Rs 2,000 crore in investment," the Noida authority said in a...

Listen To The Article Homebuyers of Pyramid Urban Homes 2, an affordable housing project in Sector 86, Gurugram will receive Rs 50,000 in compensation because the developer built two additional towers in violation of the approved plan. The Haryana Real Estate Regulatory Authority H-Rera has ordered the developer to refund interest-free security, labor cess, and other charges collected from...

Listen To The Article In a statement, Mukesh Ambani's firm said, "Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL), is emerging as a world class Greenfield Smart City near Gurugram, Haryana.” MET City is a Japan Industrial Township (JIT), and its integrated industrial township is home to four leading Japanese companies. "Nihon...