The focus is now on land purchases as real estate developers are picking up the pace with new projects as major companies have high sales goals for themselves beginning this year. According to JLL India report, approximately 100 land transactions encompassing a region with a 209 million square foot development potential occurred between January 2022 and May 2023. About 84% of this was allocated...
An outstanding commercial development called Elan The Mark is launched in Sector 106 Gurgaon, off the Dwarka Expressway. It serves as a model for contemporary and energetic commercial spaces. Elan The Mark provides a strategic business address with strong connectivity to important transit hubs and commercial centres because of its outstanding position. The project's cutting-edge infrastructure and...
Mukesh Ambani, India's richest person, has quickly transformed Reliance Industries Limited into a business conglomerate with the most diverse interests. RIL subsidiary Model Economic Township Limited, or MET City, is currently building a world-class smart city from the ground up near the national capital region. The new greenfield city is being developed in Jhajjar Haryana near Gurugram, a key...
The Gurugram Metropolitan Development Authority (GMDA) will rebuild five master roads between sectors 99 and 115 to link traffic with the newly opened Dwarka Expressway. These roads are currently impassable and full of potholes, with blacktop layers washed away. More than 80 crores would be spent on the development of these five connecting highways, which are expected to be completed within a year....
The Union Cabinet ministry approved the metro rail connectivity from the HUDA City Centre metro station to Cyber City in Gurugram on Wednesday, with the goal of strengthening public transport in the NCR region. After the approval order is issued, the project will be carried out by Haryana Mass Rapid Transport Corporation Limited (HMRTC), which will be established as a 50:50 special purpose vehicle...
The development of municipal amenities at the Global City project site is expected to begin in August. The Haryana State Industrial & Infrastructure Development Corporation (HSIIDC) has invited bids for three land parcels sum up 142.5 acres, with a combined reserve price of Rs 7,817 crore. The Global City project will be built in two phases on a total of 1,003 acres in sectors 36B and 37B of...
AltF Coworking has announced the opening of two additional locations in Noida and Gurgaon. The expansion demonstrates the company's dedication to offering cutting-edge workspaces that promote collaboration and productivity for professionals and enterprises. The Noida property is conveniently placed along the Yamuna Expressway, whereas the Gurgaon home is located on the Golf Course Road. These...
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...
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...
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