Listen To The Article M3M India has purchased 1.3-acre land parcels in Gurugram for approximately Rs 200 crore in order to construct a luxury commercial project, primarily retail space. The land near IFFCO Chowk was acquired through an auction held by Haryana Shahari Vikas Pradhikaran (HSVP). The entire project would cost Rs 250 crore. The estimated top line for this...
Listen To The Article WeWork India has leased over 50,000 square feet of office space in Gurgaon to the National Australia Bank, which plans to open its first office in India. The office will be located at WeWork's recently opened office in DLF 9A in Cyber City, Gurgaon. WeWork’s newly opened office in DLF 9A in Cyber City, Gurgaon, will fully fund the workspace....
Listen To The Article County Group has purchased a 28-acre plot of land in Noida for approximately 450 crores as part of its expansion strategy. With the recovery in housing demand, real estate developers have begun to acquire land through outright purchases as well as the formation of joint development agreements (JDAs). According to sources, County Group recently purchased the 28...
Listen To The Article Godrej Properties (GPL) has purchased an 18-acres land parcel in Kandivali, Mumbai for about 750 crores. According to the company, the project has a developable potential of approximately 3.72 million square feet and an estimated revenue potential of approximately 7,000 crores. The project will include premium residential apartments as well as...
Listen To The Article "MDH has purchased 20,236 square metres of land in Sector 18 Gurgaon for Rs 98 crore and another 1,000 square metres of land in Udyog Vihar in Gurgaon for Rs 22 crore. According to the CRE Matrix, a real estate data analytics firm, Mahashian Di Hatti Private Ltd., also known as MDH, purchased two industrial plots in Gurgaon for Rs 120 crore. "Increased demand for...
Listen To The Article Paras Buildtech, a Delhi-based real estate developer, has purchased a 2-acre land parcel in Noida's sector 129 from a South Indian financial institution for Rs 91 crore, according to a senior company official. The company intends to develop 2.7 lakh square feet of retail space and approximately 1.5 lakh square feet of office space with a total investment of...
Listen To The Article M3M India has bought 13 acres of land parcel in Noida through e-auctions and plans to invest around Rs 2,400 crore in developing a mixed-use project, according to its director Pankaj Bansal. M3M India, which has a significant presence in Gurugram, will enter the Noida property market with this project. "We bought a 52,000 square metre plot in Sector 94 in an...
Listen To The Article IJM Toyota Showroom, the authorized dealer and seller of Toyota cars headquartered in Punjab, has leased a large retail space to Spaze Group of Gurugram. IJM Toyota has purchased over 15,000 square feet of space in Spaze Group's commercial project, Spaze Boulevard, on Sohna Road in Gurugram. The showroom was recently opened and features some of Toyota's best offerings,...
Listen To The Article DLF has leased over two lakh square feet of office space in Downtown 3 Gurgaon to an athletic clothing brand for nine years at a cost of about Rs 130 per sq. ft. per month. The DLF Downtown project is located on National Highway 8 as the Downtown 2 and Downtown 3 are completed and fully leased. According to sources, the two towers have gotten an occupancy certificate...
Listen to The Article Nucleus Office Parks, the operating platform for Blackstone Group's fully owned office property in India, has leased over 7.50 lakh commercial projects this year throughout its Pan-India portfolio, and these rentals are likely to increase as rental income increases. Annual revenue of approximately Rs 1,100 crore. The operational platform has completed nearly 2.5 million...
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