TARC Limited, a Delhi-based real estate developer, plans to triple its sales income to Rs 1500 crore in Financial Year 2023-2024, owing to strong demand for luxury residential developments, according to Amar Sarin, CEO & Managing Director - TARC Ltd. The company has reached a project sales value of Rs 520 crore and plans two new launches in Central Delhi and Gurgaon in Financial Year 2023. The...
Infrastructure news
Tata Realty has teamed with Tabreed to install cooling infrastructure at its Gurugram, Haryana, commercial complex. Tabreed, a global cooling service company, has secured a deal with Tata Realty to launch its first Cooling as a Service (CaaS) project in India. This will be proved realistic at Tata Realty's Intellion Park project in Gurugram with having a 3.5 million square foot IT SEZ...
Awfis has expanded its operations in the National Capital Region (NCR) by opening two new centres, Suncity Success Towers in Gurgaon and Knowledge Boulevard in Noida, totaling 85,000 square feet of space and 1,400 seats. The Suncity centre in Gurgaon is 40,000 square feet and has 650 seats, while the Knowledge Boulevard complex in Noida is 44,000 square feet and has 700 seats. The centres utilise...
Krisumi Corporation, a joint venture of Japanese firm Sumitomo Corporation and Indian auto components firm Krishna Group, will invest Rs 300 crore in phase 2 of the 30.38-acre housing project "Krisumi City" in Sector 36A, Gurugram, according to a senior official. Both partners funded the initial capital, and the company expects to earn Rs 500 crore from it. The company has set a revenue target of Rs...
Listen To The Article Sohna is a fast developing area in the Indian state of Haryana, located in the southern portion of the Gurugram district. It is well-known for its scenic beauty, close proximity to the Aravalli Hills, and a thriving real estate market. The completion of the Delhi-Mumbai Expressway, one of India's greatest infrastructural projects, encouraged real estate development in the...
Manohar Lal Khattar, the chief minister of Haryana, declared that the Kherki Daula toll plaza on the Delhi-Gurgaon Expressway will be demolished within the next two to three months, adding that his government is seeking options for its removal. Khattar made the statement on the sidelines of an event in Gurugram's Sector 79, and stated that he discussed the matter with Union Transport Minister Nitin...
The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has decided to extend the deadline for applications and auctions for three mixed-use sites in Global City by one month, according to officials aware with the development. The new deadline for submitting applications is June 1, rather than May 1, and the projected date of the e-auction has been shifted from May 19 to June...
Listen To The Article The Gurugram-based real estate firm Ganga Realty has announced that it will spend Rs 4 billion in Swarnim, its first high-street retail project, in Gurugram's Sector 5. As per the company’s recent announcement about its affordable housing project in Sohna Road, which would be its second significant undertaking. The project is located 20 minutes away from the proposed...
Listen to the article In Gurugram, at 21B Udyog Vihar, 91Springboard has opened a Platinum hub with more than 1000 seats. The 40,000 square foot coworking space was built to accommodate the region's expanding need for opulent offices with high productivity levels. This location joins Sector 44, Vatika Triangle (MG Road), and Udyog Vihar as the city's other hubs. The monthly membership fee for...
Listen To The Article DLF Home Developers has awarded Engineering and construction giant Ahluwalia Contracts (India) a contract of Rs. 744.68 crore to build the civil structures for "The Arbour Project" in Sector-63, Gurugram. The order is for civil construction, waterproofing, and rough finishing work for the residential development's north parcel. The development is a gated neighbourhood...