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 Trehan Iris has added three premium brands to Iris Broadway Mall in Sector 85-86, the core of New Gurugram, as part of its continuous retail portfolio strengthening strategy. Starbucks, Rowan Toys, and The Beer Cafe are three new brands that have lately begun operations. Iris Broadway is the area's greatest one-stop experiential destination for food, shopping, and...
Listen To The Article 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 state governments are trying to...
Listen To The Article 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 would invest Rs 250 crore in the...
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 Sobha Ltd recorded a 13% increase in sales bookings to Rs 1,164.2 crore in the second quarter of this fiscal year, owing to higher price realization. In terms of volume, sales bookings fell to 13,36,828 square feet in the July-September quarter of the 2022-23 fiscal year from 13,48,864 square feet the previous year. In the previous year, it had sales bookings of Rs...
Listen to The Article M3M Realty will invest Rs 130 crore in developing 4.87 lakh square feet of retail space in Gurugram. The project is expected to generate Rs 1,000 in revenue for the M3M developer. The 'M3M Route65', an over 4 acres’ project in Gurugram, next to the Worldmark in Sector 65. "We are pretty aggressive in our retail portfolio and have delivered over 5 million square...
Listen to The Article The Haryana government intends to invest Rs 1 lakh crore in the Global City project in Gurugram, which will span over 1,080 acres of land. At a news conference here on Thursday, Chief Minister Manohar Lal Khattar, who recently visited Dubai and secured financing for this project, said at a news conference here on Thursday that the project is being made by the Haryana...
Listen to The Article After the Reserve Bank of India (RBI) raised the policy repo rate by 50 basis points (bps) to 5.9% in its Monetary Policy Committee (MPC) meeting on Friday, leading housing finance provider HDFC Ltd. raised its lending rate by 50 basis points. HDFC has executed seven rate hikes in the last five months. “Effectively from October 1, 2022, HDFC bank increases its Retail...
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...