Eldeco Group has purchased 8.5 acres of land in Sector 80 Gurugram for Rs 165 crore through an auction organized by the Haryana State Industrial & Infrastructure Development Corporation (HSIIDC). Pankaj Bajaj, Chairman and MD of the company, told that the company expects to invest another Rs 400 crore in the construction of an 850,000-square-foot residential property. Eldeco Group intends to...
A Gurgaon-based real estate developer Adore Group, has purchased 10.20 acres of land in Sector 77 Gurgaon and plans to invest Rs 200 crore in the development of a residential project, according to a senior official. Director and founder of Adore Group Mr. Jetaish Gupta said that "This is the first Greek lifestyle residential project launch in Gurgaon" The project will include a 60,000-square-foot...
Due to the upcoming festival season, developers have been buying land over the last six months in an effort to meet the increased demand for homes. Delhi-NCR is expected to have a record number of housing unit launches around the coming festive season. NCR based real estate developers like DLF, Godrej, L&T, TARC, Signature Global, and County Group among the developers with launches scheduled...
The Gurugram-based real estate company Conscient Infrastructure purchased 6.6 acres of property in Gurugram to build a housing project for more than Rs 85 crore.The capital markets division of the real estate company Cushman & Wakefield in Gurugram's Sector 80 assisted in the transaction.The cost of the land sale was not included in the statement. However, market sources, claimed that the agreement...
Magnolia Quality Development Corporation (MQDC), a Bangkok-based property development firm, has signed a lease for approximately 45,000 square feet of space in Gurgaon, marking the construction of the country's second coworking hub. The deal was confirmed by Chulamas Jitpatima, country director of the company's Indian division. MQDC entered the Indian market in 2019 with the opening of Whizdom...
Listen To The Article Hero Realty Pvt Ltd has paid Rs 90 crore for a 5-acre plotted residential project in Sector 85, Gurugram. Cushman & Wakefield, a property consultant, assisted with the transaction, and the seller's identity has yet to be revealed. Hero Realty, a secondary body of Sunil Kant Munjal's Hero Enterprise, has purchased land in Gurugram's Sector 85 for residential...