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...
Listen to The Article The Land and Development Office (L&DO) stated on Thursday that high-end properties in Delhi that were converted from leasehold to freehold before March 2000 may be registered without a no-objection certificate (NOC). L&DO, which reports to the Union Housing and Concrete Affairs Ministry, instructed the Delhi income division in July not to register any property...
Listen to The Article DLF will build a new premium low-rise independent floors housing complex in Gurugram with a sales value of more than Rs 1,800 crore, stated the company’s Group Executive Director Aakash Ohri on September 26. The Grove, located in DLF5, Gurugram, is a low-rise luxury development with 292 units offering 4 BHK and 4 BHK plus entertainment lounge, as well as a staff room...
Listen to This Article 400 companies, including nine blue-chip firms, have purchased industrial land. The overall investment from these enterprises is estimated to be around Rs 9,000 crore, with 51,000 people directly employed once operations commence. Model Economic Township Limited (METL) is a wholly owned subsidiary of Reliance Industries Limited that is developing an integrated industrial...
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