Bharti Realty intends to invest more than Rs 6,595 crore in the construction of a global commercial hub close to the Delhi airport. The next phase of the development of Aerocity will include the construction of about 6.5 million square feet of office and retail space. Bharti Realty successfully constructed Worldmark 1, 2, and 3 in the first phase, totaling about 1.5 million square feet space....
Due to the upcoming festival season, developers have been buying land over the last six months in an effort to meet the increased demand for homes. Delhi-NCR is expected to have a record number of housing unit launches around the coming festive season. NCR based real estate developers like DLF, Godrej, L&T, TARC, Signature Global, and County Group among the developers with launches scheduled...
NCR-based real estate developer, MRG Group has announced to build a new affordable housing complex in Sector 90, Gurgaon. The project, located along the Dwarka Expressway Gurgaon, will meet the region's growing demand for affordable homes. "We are committed to the state's vision of affordable housing and are excited to continue our efforts in Gurugram to provide competitively priced residential...
The phase-1 construction of the premium residential project Elan The Presidential, Gurgaon has been contracted out to Leighton India by the NCR-based Elan Group for Rs 1,000 crore. Elan The Presidential, the company's first high-end project, will contain 728 units and is being built in Gurugram's sector 106, close to the Dwarka Expressway. Leighton Asia, a subsidiary of the well-known CIMIC...
The Sare Gurugram group housing project is now under the control of KGK Realty (India) Limited and Dhoot Infrastructure Projects Limited. This development brings great news for more than 1200 homebuyers, as the consortium has already taken steps to transfer possession of the properties. Spanning across a vast 47-acre area, the Sare Homes complex offers a total of 4 million square feet of...
Prime Minister Narendra Modi to lay the foundation work on the renovation of Gurugram, Rewari, and Pataudi railway stations as part of his vision to revamp the NCR railway stations. The Gurugram railway station will be renovated in two phases with a total of 200 crore budget, while Pataudi and Rewari will be upgraded with 7 and 12 crores budget respectively. Gurugram MP Rao Inderjeet Singh made this...
The Haryana Mass Rapid Transport Corporation (HMRTC), announced that the foundation work for the proposed Metro extension from Ballabhgarh to Palwal, covering a distance of about 25 km, and the RITES has been given the contract for the techno feasibility study. The RITES has been asked to make the detailed project report (DPR) for the new Metro rail project from Vatika Chowk, Sohna Road to Pachgaon in...
Birla Estates has just finalised five projects across Bengaluru, Mumbai, Pune, and Delhi, with a potential income of about Rs 9,000 crore, according to KT Jithendran, managing director and CEO of Birla Estates Private Limited. Birla Estates intends to begin new projects and phases in major cities. These will include ultra-luxury projects in Mumbai, luxury projects in Bengaluru, and mid-segment...
The G20 summit will be held at the renewed ITPO complex, also known as the Integrated Exhibition-cum-Convention Centre (IECC) at Pragati Maidan, which will be inaugurated on 26 July. The Delhi will finally have a top-notch convention and exposition centre that would allow the national capital to become a major event destination. The convention centre will compete with the Hannover exposition Centre...
The National Highways Authority of India (NHAI) agreed to purchase land at eight locations along the Dwarka Expressway under the NHAI Act to connect city sector roads with the Expressway. The NHAI chairman Santosh Kumar Yadav approved the idea after inspecting the Gurugram section of Dwarka expressway. Partial work is still ending on the stretch, Gurugram district administration officials said...
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