Sobha Limited is expanding its presence in Gurgaon and starting its third project with a joint development agreement for a 12-acre residential project in Sector 63A. As the area’s demand grows, Sobha intends to develop 9 million square feet of residential space in FY25. The Golf Course Extension’s upscale infrastructure makes it a major priority….
The Bakshi Group of Enterprises owns Central Park, a real estate developer based in Gurugram, and has just launched Sakura Town, a private Japanese club that is only open to society members. Sakura Town, run by Central Park’s hospitality division St. Jerome, is housed in The Room at Central Park Resorts, a luxurious fully-serviced living…
The Gurugram Metropolitan Development Authority (GMDA) revealed plans to rebuild a significant master sector dividing road at a cost of 600 million, running from the Dwarka Expressway junction with Sector 86 Road to IMT Manesar. This route will go through Sectors 84/88, 85/89, 86/90, and 87/92. The road is now in a very bad state…
To grow its business and meet the high demand, listed real estate company Signature Global plans to introduce many housing projects by March 2025, with a combined income potential of almost Rs 13,000 crore. “We have launched one housing project worth around Rs 3,000 crore in the first quarter of 2024-25,” stated Signature Global Chairman…
The Haryana government has authorized a Rs 750-crore elevated corridor that would connect the Dwarka Expressway with the Delhi-Mumbai Expressway in two years. The new corridor will start from Vatika Chowk and ends at CPR cloverleaf. CM Nayab Singh Saini chairs the GMDA board, which envisions six-lane, three-meter-wide roadways. A 5.5 km signal-free elevated corridor…
The Dwarka Expressway in Delhi-NCR has grown to be a popular place for real estate investors to make investments. The location of the neighborhood has made it a popular option for homebuyers as well. The Indira Gandhi International (IGI) Airport in Delhi is not far from the highway. A deal has been inked by Whiteland…
Central Park, a real estate developer based in NCR and part of the Bakshi Group, which also operates in infrastructure, hotel, and automotive, plans to go public in 2-3 years, according to a top official. The company plans to launch projects over ₹10,000 crore in FY25 and is now looking for an audit firm. The…
Century Textiles and Industries Ltd. (CTIL) announced on Wednesday, June 5, that its wholly-owned subsidiary Birla Estates Private Ltd. and Barmalt India Private Ltd. had formed a joint venture to create a posh group housing estate in Sector 31 in Gurugram. According to a stock exchange filing, the 13.27-acre property piece has a development potential…
Paras Buildtech expects total revenue topline of 1,200 crore from the Gurugram project’s launch with an investment of 490 crore. In a statement, the real estate business Paras Buildtech announced the opening of a super luxury project in Gurugram, in which it plans to invest over ₹490 crore. The “The Manor” project is situated in…
The Mumbai real estate market has been Oberoi Realty’s primary focus in the past years. The real estate firm is not yet present in Bengaluru or Delhi-NCR. According to Vikas Oberoi, chairman and managing director of Oberoi Realty, the listed real estate company located in Mumbai, the company intends to start three housing projects in…