Listen To The Article Renowned real estate developer M3M India recorded its highest-ever sale of Rs 13,000 crore during the financial year 2023, an increase of 113% as compared to the financial year 2022 Rs 6,100 crore. M3M India's founder, Pankaj Bansal, claims that the group aims to achieve Rs 20,000 crore in sales in the financial year 2024 due to the continued growth of the residential...
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...
Listen To The Article Gurugram real estate market has grown exceptionally in both the residential and commercial sectors. Regardless of high competition from important NCR markets like Noida, Greater Noida, and Faridabad. Gurugram has developed into a well-known investment area in recent years on a global scale as a result of the considerable presence of Fortune 500 firms and multinational...
Listen To The Article Godrej Properties Limited recorded its highest-ever quarterly and yearly sales in Quarter 4 Financial Year 2023. With a record bookings of INR 4,051 crore and growing by 56% to INR 12,232 crore. Sales volumes increased by 19% Quarter on Quarter from 4.42 million square feet to 5.25 million square feet during the period. Sales volumes increased by 40% in area terms from...
Listen To The Article Ashiana Housing exceeds its annual booking value target of Rs 1,100 crore. The company has exceeded its annual booking value of Rs 1,100 crore for the financial year 2022-2023. The total booking value for financial year 2023 was Rs 1,278.84 crore, with 25.21 lakh square feet of booking area. In addition, a total of 351 expressions of interest (EOIs) were received in...
Listen To The Article K Raheja Realty, a Mumbai-based real estate developer, has launched a premium ready-to-move-in residential property. Tower G at Raheja Residency in Malad East offers 2BHK luxury residences beginning at Rs 1.95 crore. The 20-story tower will have four units on each floor, and the early bird booking offer will begin around April 30, 2023. The property, which is in a good...
Listen To The Article Experion Developers Singapore’s real estate focussed fund received the highest votes for Blackstone-backed besieged Dignity Buildcon in a deal that would imply a 50% recovery for lenders originally led by Stanchart Bank, as per the application filed by the resolution expert with the bankruptcy court. Experion Developers offered Rs 450 crore for the real estate...
Listen To The Article Ganga Realty a Gurugram-based developer, will invest Rs 750 crore in developing Tathastu, an affordable housing project in Sector 5, Sohna. The project will be spread across around 22 acres and offer 3 BHK apartments with a carpet area of 645.73 square feet at a price of Rs 25.14 lakh onwards. The project is located in Sohna-Gurugram Sector 5 and is only a...
Listen To The Article The Special Window for Affordable and Mid Income Housing (SWAMIH) investment fund has finished more than 20,000 homes worth 12,000 crores since its launch in 2019. The Union Finance Ministry is funding the SWAMIH fund, which is aimed at debt financing of distressed and affordable housing properties. Stressed properties are repossessed properties from a defaulting...
Listen To The Article The department of town and country planning (DTCP) Gurugram has directed its planning wing officials not to issue occupation certificates (OCs) to residential properties where the owners have built a four-story building plan. According to DTCP officials, many residential plot owners have built four-story buildings despite only receiving approval for two floors. They...
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