Delhi

Paras Buildtech

Paras Buildtech To Invest 500 Crore In Gwal Pahari Gurugram Project

Listen To The Article 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 Gurugram's Gwal Pahari neighbourhood....

Purchasing Property In Delhi Will Now Costlier As One Percent Hike In Transfer Duty

Purchasing Property In Delhi Will Now Costlier As One Percent Hike In Transfer Duty

The Delhi government announced a 1 percent increase in transfer duty on properties priced above Rs 25 lakh throughout the city, purchasing real estate in the National Capital would now be more expensive. The Municipal Corporation of Delhi (MCD) accepted the increase in transfer duty in May 2022, but the Delhi government didn't issue a notification regarding it until July 10, 2023. The transfer...

Godrej Properties Aims To Sell A Record Breaking 14000 Crore Property In 2024

Listen To The Article According to a top corporate official, Godrej Properties estimates a 14% increase in sale bookings this year to a record Rs 14000 crore due to strong housing demand. Godrej Executive Chairman Pirojsha Godrej told that the company's performance in 2022-2023 was very solid on all essential indicators such as sale bookings, cash collections from clients, project completion,...

New Delhi Railway Station Is All Set To Go For Rs. 4700 Crore Renovation In 3 Phases

Listen To The Article The New Delhi Railway Station is set to undergo a major renovation this year, which will be completed in three phases. Initially, the station’s only platform was between platform 16 Ajmeri Gate and platform 1 Paharganj. The Indian government announced in 2022 that the New Delhi Railway Station would be renovated at the cost of Rs. 4,700 crores. The Union Cabinet had...

NH-48 On The Delhi-Gurugram Expressway Will Be Closed For Three Months

NH-48 On The Delhi-Gurugram Expressway Will Be Closed For Three Months

Listen To The Article The Delhi Traffic Police plans to close a 500-metre stretch of National Highway 48 on the Delhi-Gurugram Expressway for approximately 90 days to help the construction of a flyover and two underpasses, rising concerns about traffic congestion on the already congested stretch. The closure near Shiv Murti is intended to allow projects that will connect south Delhi with...

Migsun Group Pays Rs 265 Crore For A Nine-Acre Plot Of Land In Rohini Delhi

Migsun Group Pays Rs 265 Crore For A Nine-Acre Plot Of Land In Rohini Delhi

Listen To The Article Migsun Group announced that it has purchased 9 acres land parcel in Rohini, Delhi, for Rs 265 crore in order to develop a high-street retail project. They bought a land parcel in Rohini's Sector 22 from Yogi Raj Promoters Pvt Ltd for the development of retail project. According to Migsun Group MD Yash Miglani, the company has entered into a share purchase agreement with...

Delhi Development Authority-Mehrauli Demolition Case Explained

Delhi Development Authority-Mehrauli Demolition Case Explained

Listen To The Article The Delhi High Court on Tuesday ordered the authorities to maintain the status quo on various properties in the Mehrauli Archaeological Park area of the national capital that have been identified for demolition as part of an anti-encroachment drive until February 16. The high court also ordered the Delhi Development Authority (DDA) to respond to a slew of petitions...

The 8-Lane Mega Tunnel Will Be Built In Delhi Soon, Connecting Three Highways

The 8-Lane Mega Tunnel Will Be Built In Delhi Soon, Connecting Three Highways

Listen To The Article Winworld RealtyAn eight-lane tunnel connecting three major national highways in the national capital will be built soon. The mega tunnel's construction will begin in May 2023 at a cost of around Rs 2000 crore. With a width of around 14 metres, this will be one of the country's widest tunnels and the country's first eight-lane underground pass. The five-kilometer tunnel...

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