DLF plans to launch a new ultra-luxury project with 1,100 housing units on Golf Course Extension Road in Gurgaon. It has an estimated revenue potential of Rs 8,000 crore in the future. The official launch is scheduled for the next week. After a decade, DLF will launch a high-rise condominium. Crest and Camellias were their…
Two more towers in the Chintels Paradiso Society have been declared unsafe, where two people were killed last year when Tower D partially collapsed, officials said on Tuesday, citing an IIT-Delhi structural audit report. Towers E and F of the society in Sector 109 are declared unfit for human habitation, according to Additional Deputy Commissioner…
DLF Limited, a real estate giant, plans to launch a luxury housing project in Gurugram next month, with an estimated sales revenue of around 7,500 crore, in order to capitalise on strong demand for high-end apartments. DLF Group Executive Director and Chief Business Officer Aakash Ohri told that the company intends to build around 1,100…
The National Consumer Disputes Redressal Commission (NCDRC) ordered Ramprastha to refund the entire amount paid by seven homebuyers, along with 12% interest. Around eight years ago, the homebuyers paid Rs 70-80 lakh for flats in the SKYZ project, which is part of Ramprastha City in Sector 37D. They are now expected to receive around Rs…
The Haryana real estate regulatory authority (HRERA) Gurugram bench has issued a show-cause notice to the promoter of Ansal Highland Park after the developer failed to submit the necessary documents for the housing project. Ansal Highland Park is a residential group housing colony being built in Gurugram’s Sector 103. The authority stated in its proceedings…
Signature Global, a real estate developer based in Gurugram, has launched the second phase of its two luxurious independent floor projects. The first SG City 63A is located on Golf Course Extension Road, and the second SG City 37 D (II) is located in Sector 37, Gurugram. The premium-luxury project Signature Global 63A, which is…
M3M, a real estate developer, will invest Rs 1800 crores in the construction of several projects on the Dwarka Express, including luxury residential, retail, and SCOs, with a revenue potential of over Rs 6100 crores. M3M India’s revenues increased 34% year on year to Rs 3583 crores in the first half of fiscal year 2022-23….
The completion of the Dwarka Expressway and the development of Global City will propel Gurugram to new heights, said Dushyant Chautala, deputy chief minister of Haryana. “Dwarka Expressway is nearly completed, and the Global City Project is most likely to open in the next 3–4 years,” he stated in an interview. “The Delhi and Haryana…
The wait for hundreds of homebuyers of Vipul World, a housing society situated on Sohna Road, Gurugram for new electricity connections is to be expected to end soon. This is as the developer has finally submitted the necessary bank guarantee of about Rs 10 crore to DHBVN. Around 18 months back, the DISCOM had stopped…
TARC Tripundra, located on Bijwasan Road in New Delhi, will include 190 3 BHK and 4 BHK homes in this luxury housing project. TARC Limited, a well-known real estate developer, said on October 14 that it would invest Rs 250 crore in constructing a premium housing project near Indira Gandhi International Airport, Delhi. The corporation…