The launch of the Dwarka Expressway in Gurgaon is predicted to enhance real estate prices in the vicinity by 30-40%. Because of the increased interest in the area, numerous developers have launched projects along the Expressway, driving up home prices. The completion of the Dwarka Expressway is expected to have a significant impact on the Gurgaon real estate market in terms of both demand and price...
Business Development
The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has decided to extend the deadline for applications and auctions for three mixed-use sites in Global City by one month, according to officials aware with the development. The new deadline for submitting applications is June 1, rather than May 1, and the projected date of the e-auction has been shifted from May 19 to June...
Listen To The Article The Vatika Group, one of India's leading real estate developers, has recently partnered with IREAA India Pvt Ltd as key leasing partners for their retail developments in New Gurgaon. This agreement is intended to attract a number of well-known retail companies to the neighbourhood, delivering a great shopping experience for all New Gurgaon residents. Vatika has the...
Listen To The Article The Gurugram-based real estate firm Ganga Realty has announced that it will spend Rs 4 billion in Swarnim, its first high-street retail project, in Gurugram's Sector 5. As per the company’s recent announcement about its affordable housing project in Sohna Road, which would be its second significant undertaking. The project is located 20 minutes away from the proposed...
Listen to the article In Gurugram, at 21B Udyog Vihar, 91Springboard has opened a Platinum hub with more than 1000 seats. The 40,000 square foot coworking space was built to accommodate the region's expanding need for opulent offices with high productivity levels. This location joins Sector 44, Vatika Triangle (MG Road), and Udyog Vihar as the city's other hubs. The monthly membership fee for...
Listen To The Article To make it easier to travel between NH-48 and the Dwarka Expressway, the Gurugram Metropolitan Development Authority (GMDA) plans to rehabilitate two important arterial routes, one 4.9 km long stretch between IFFCO Chowk and Mahavir Chowk, and another 6.5 km long stretch from the old railway road to the Dwarka Expressway. In order to improve and upgrade the roadways from...
Listen To The Article DLF Home Developers has awarded Engineering and construction giant Ahluwalia Contracts (India) a contract of Rs. 744.68 crore to build the civil structures for "The Arbour Project" in Sector-63, Gurugram. The order is for civil construction, waterproofing, and rough finishing work for the residential development's north parcel. The development is a gated neighbourhood...
Listen To The Article The 990-crore resolution plan for the insolvent real estate company Sare Gurugram, a division of Sare Homes, proposed by a consortium consisting of KGK Realty and Dhoot Infra, has been approved by the insolvency tribunal NCLT. A two-member primary bench in Delhi, made up of President Ramalingam Sudhakar and Member Technical A K Srivastava, approved the bids and ordered that...
Listen To The Article The data analytics company PropEquity revealed that the unsold housing stocks reduced by 6% between January and March to approximately 5.18 lakh units across 14 Indian cities, compared to the prior quarter. Between the first trimester of the year, unsold inventory decreased from 5,48,217 units to 5,17,879 units. Housing sales were 1,23,938 units during the January to March...
Listen To The Article IndoSpace, an industrial and logistics parks developer invested Rs 1000 crore to expand its warehousing presence in NCR region, according to a senior executive. The company has built two logistics parks, one in Dhatir, near Palwal, and another in Taoru, near Sohna, sum up 3.4 million square feet of space. "From a warehousing viewpoint, NCR is a prime location for us." We...