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...
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...
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...
Listen To The Article The new inter-state bus terminal (ISBT) would be built on 15 acres off the Dwarka Expressway, according to the state government. The site in Sihi village is close to a projected RRTS station as well as Global City and the heliport. Tenders were likely to be floated soon, according to officials. Rao Inderjeet Singh, a union minister and Gurgaon MP, claimed that he had...
Listen To The Article IndoSpace, an industrial and logistics parks developer invested Rs 1000 crore to expand its warehousing presence in NCR region, according to a senior executive. The company has built two logistics parks, one in Dhatir, near Palwal, and another in Taoru, near Sohna, sum up 3.4 million square feet of space. "From a warehousing viewpoint, NCR is a prime location for us." We...
Listen To The Article The ICON, a new project launched by the Gurgaon-based, renowned real estate developer Mapsko Group. The property is strategically located on 2.312 acres of land in Sector 79, Gurgaon. The ICON offers residents a lavish way of life with its 53 classily designed 4BHK apartments measuring 3500 square feet. With an abundance of top-notch amenities, such as an elegant...
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