Ingka Centres, the sister company of IKEA, which sells home furnishings is to invest more than Rs 7,300 crore in two of its office and retail buildings in Gurgaon and Noida. The Global furniture giant IKEA is all set to open city centre with a commercial mix in Gurgaon. The multi-use marketplace and meeting place to provide an excellent retail experience. The corporation, with its headquarters in...

The 160 kilometres of the highway that pass through Haryana are projected to be finished by March 2022, according to Gadkari, the Union Minister for Road Transport and Highways. Nitin Gadkari, a Union minister, announced on Thursday that the Delhi-Mumbai Expressway, which is being built for an estimated $95,000 crore, will be finished by March 2023 and that the majority of the work has already been...

A high-rise society in Sector 57 had five residential units demolished by the department of town and country planning (DTCP). According to officials, these apartments were built without the necessary building plans and competent authority permission in the stilt area of three towers in Aloha: B4, B5, and D6. According to district town planner (enforcement) Amit Madholia, "The enforcement team breached...

The Delhi-based company submitted the Draft Red Herring Prospectus (DRHP) to the capital markets regulator SEBI last month in order to raise up to Rs. 1000 crore through an IPO. The real estate company, Signature Global India Ltd., reported a net loss of Rs. 115.5 crore during the previous fiscal year. The company is preparing to conduct a Rs. 1,000 crores public offering. Its net loss for the fiscal...

Real estate company AIPL has leased 3 lakh square feet of retail space in Gurgaon project, a top AIPL official on August 17. Consequently, the company has leased the majority of the 4.8 lakh square feet of retail space to well-known companies including Haldiram's, Inox NSE -2.66%, Costa Coffee, Fab India Chaayos, Bridgestreet, Looks Salon, Sodhi's Super Market, Blue Tokai, and many others. This...

Developer MKS Ventures, based in the NCR, would invest Rs 200 crore in the construction of the group's first residential plots in Sohna Sector-2, South Gurugram. With a total area of 12.125 acres, the three-side open land parcel was built using the DDJAY plan. The MKS County residential plot project, which is situated in a high-traffic area of real estate, is connected to the Gurugram-Sohna Highway,...

The company has leased 200,000 sq. ft. at Cessna Business Park, Outer Ring Road, Bengaluru, and 35,000 sq. ft. at AIPL Business Club in Sector 62, Gurugram. In 1987, Cargill opened a modest liaison office to begin its operations in India. Today, the company operates throughout the country in the areas of refined oils, food ingredients, industrial specialties, grain and oilseeds, cotton, animal...

The National Highway Authority of India (NHAI) is stepping up to finish the 19 km Gurugram stretch by December 2022. To complete the work and achieve the deadline, the workforce and machinery work with full efficiency to finish the project on time. Nitin Gadkari, Minister for Road Transport & Highways in the Government of India, also said that the Dwarka Expressway will be fully operational in...

For a 7-acre land parcel in Gurgaon, Pardos Real Estate, a development platform run by the $250 million Alternative Investment Fund of the DMI Group, paid roughly Rs 180 crore. The commercial property parcel in Sector 74, Gurgaon has a development potential of 800,000 square feet. The individuals previously mentioned that the purchase was handled by CBRE India and that the company plans to build an...

Omaxe, a developer of real estate, has been given a limited credit rating of CARE BBB-/Stable, an upgrade from the secure outlook of CARE BB. Omaxe reduced its debt from Rs 1400 crores to Rs 850 crores as of March 31, 2022, by repaying lenders an aggregate Rs 550 crore as principal costs. However, the issuance of NCDs of Rs. 440 crores (of which Rs. 340 crores are raised until Jun. 30, 2022)...