Godrej Properties, a renowned real estate developer, has won a bid to purchase 7.5 acres of land in Gurugram for the construction of a luxury home complex that may generate over Rs 5,500 crore in income. Godrej Properties confirmed that it has become the "highest bidder for a luxury group housing plot on Golf Course Road in Gurugram with a revenue potential in excess of Rs 5,500 crore." The Haryana...
Are you considering a real estate investment around the holidays, prospective Delhi-NCR homeowners might want to look at Gurugram, where prices have increased dramatically in five different areas. Leading real estate consultant Anarock recently released a research stating that, in the most recent quarter, buyers in Gurugram's top five locations are enjoying favorable conditions, while those who haven't...
DLF is a listed real estate developer located in Delhi NCR, intends to expand its retail portfolio by building three malls in Goa, Gurugram, and Delhi, VC and MD (Rental Business) Sriram Khattar of DLF said. According to Khattar, the company had put plans for mall expansion on hold during the COVID-19 time, but in the last two to three years, it has returned its attention to growing its retail...
Ahluwalia Contracts (India) Ltd. has been given the construction contract of Rs 1144 crore by Signature Global for its first high-end residential project, "De-luxe DXP," located in Sector 37D of the Dwarka Expressway in Gurugram. With just one unit allocated to each buyer at launch, we saw an enormous reaction from NRIs and corporate professionals, indicating a positive market mood toward real estate...
The Bakshi Group of Enterprises owns Central Park, a real estate developer based in Gurugram, and has just launched Sakura Town, a private Japanese club that is only open to society members. Sakura Town, run by Central Park's hospitality division St. Jerome, is housed in The Room at Central Park Resorts, a luxurious fully-serviced living area, in Sector-48, Sohna Road, Gurugram.Sakura Town aims to provide...
The Gurugram Metropolitan Development Authority (GMDA) revealed plans to rebuild a significant master sector dividing road at a cost of 600 million, running from the Dwarka Expressway junction with Sector 86 Road to IMT Manesar. This route will go through Sectors 84/88, 85/89, 86/90, and 87/92. The road is now in a very bad state of maintenance. A flyover at Dadi Sati Chowk in Sector 86 is also...
The Dwarka Expressway in Delhi-NCR has grown to be a popular place for real estate investors to make investments. The location of the neighborhood has made it a popular option for homebuyers as well. The Indira Gandhi International (IGI) Airport in Delhi is not far from the highway. A deal has been inked by Whiteland Corporation, a significant player in real estate, and Marriott International, Inc. to...
Listen To The Article Central Park, a real estate developer based in NCR and part of the Bakshi Group, which also operates in infrastructure, hotel, and automotive, plans to go public in 2-3 years, according to a top official. The company plans to launch projects over ₹10,000 crore in FY25 and is now looking for an audit firm. The company aims to generate ₹4,000 crore in FY25 and expects to...
Listen To The Article Prime Minister Narendra Modi laid the foundation stone for the ₹5,452 crore Gurugram Metro project on February 16. The new metro line from Huda City Centre to Cyber Hub via Old Gurugram, have a total of 28.5 kilometers with 27 elevated stations. After visiting the ₹5400 crore project site, Chander Shekhar Khare, the recently appointed managing director of Gurugram Metro...
Listen To The Article The rental rates in 13 major Indian cities increased by 16% year over year in the March quarter. The area with the biggest increase in rentals was Greater Noida, where rates rose by 32.1%. Bengaluru and Gurugram came next, with growth rates of 23.7% and 24.5%, respectively. Rents increased by 32.1% in Greater Noida, the new home of many techies and corporate workers,...
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