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...
On this land tract, MaxVIL, a subsidiary of Max Group, intends to build a commercial project with a leasable area of 1.6 million square feet, marking its entry into the Gurugram real estate market. It already has a footprint in the property marketplaces of Noida and Delhi. The acquisition will allow Acreage Builders' over 7-acre land tract in Gurgaon's lucrative Golf Course Extension Road to be used by...
Omaxe Chowk aims to become an end-to-end jewellery marketplace by integrating a diverse range of jewellery solutions under one roof. Tanishq, Senco, and Giva have signed up for flagship stores in Chandni Chowk at Omaxe Chowk, taking nearly 11,000 square feet of space in Jewel Court. Other prominent companies, including traditional jewellers from throughout India, are also lining up to sign at Omaxe...
With the addition of new top companies, Iris Broadway is becoming a more popular retail and entertainment destination. Trehan Iris, a renowned participant in the Indian real estate market, has leased over 3 lakh square feet in its Iris Broadway mall in Gurugram's Sector 85 and 86. With the addition of new top companies, Iris Broadway is becoming a more popular retail and entertainment destination. The...
The Grand Hyatt brand makes its arrival in the Indian state of Haryana with the 442-room resort. The Grand Hyatt Gurgaon in Delhi NCR has opened, according to Hyatt Hotels Corporation. The 442-room luxury hotel is the first Grand Hyatt property in Gurgaon, and it is a vibrant luxury destination that will give an inspiring environment to meet, work, celebrate, and stay for both business and leisure...
Elan Group, based in Gurugram, has purchased two land lots this year in order to develop its commercial real estate business and enter the luxury residential category. PAG, a global alternative investment business, has invested Rs 425 crore in real estate firm Elan Ltd., which will use the funds to develop future projects. Elan Group, based in Gurugram, has purchased two land lots this year in order...
Elan Group announced on Friday that it has completed a deal to purchase 40 acres of property in Gurugram from Indiabulls Actual Property and that it may build projects worth Rs 10,000 crore. In January, the company announced the purchase of around 40 acres of property in Gurugram from Indiabulls Actual Property Ltd (IBREL) for Rs 580 crore for the development of housing and business projects. Elan...