The development of municipal amenities at the Global City project site is expected to begin in August. The Haryana State Industrial & Infrastructure Development Corporation (HSIIDC) has invited bids for three land parcels sum up 142.5 acres, with a combined reserve price of Rs 7,817 crore. The Global City project will be built in two phases on a total of 1,003 acres in sectors 36B and 37B of...
Dwarka Expressway
The CPR is an essential part of Dwarka Expressway Package 4, and construction has continued since 2019. The Gurugram district government announced on Wednesday that traffic on the Central Peripheral Road (CPR) had reopened, which is a huge relief for commuters. Nishant Yadav, deputy commissioner of Gurugram, stated that a meeting with officials from the National Highway Authority of India (NHAI)...
Manohar Lal Khattar, the chief minister of Haryana, declared that the Kherki Daula toll plaza on the Delhi-Gurgaon Expressway will be demolished within the next two to three months, adding that his government is seeking options for its removal. Khattar made the statement on the sidelines of an event in Gurugram's Sector 79, and stated that he discussed the matter with Union Transport Minister Nitin...
The launch of the Dwarka Expressway in Gurgaon is predicted to enhance real estate prices in the vicinity by 30-40%. Because of the increased interest in the area, numerous developers have launched projects along the Expressway, driving up home prices. The completion of the Dwarka Expressway is expected to have a significant impact on the Gurgaon real estate market in terms of both demand and price...
Listen To The Article To make it easier to travel between NH-48 and the Dwarka Expressway, the Gurugram Metropolitan Development Authority (GMDA) plans to rehabilitate two important arterial routes, one 4.9 km long stretch between IFFCO Chowk and Mahavir Chowk, and another 6.5 km long stretch from the old railway road to the Dwarka Expressway. In order to improve and upgrade the roadways from...
Listen To The Article The new inter-state bus terminal (ISBT) would be built on 15 acres off the Dwarka Expressway, according to the state government. The site in Sihi village is close to a projected RRTS station as well as Global City and the heliport. Tenders were likely to be floated soon, according to officials. Rao Inderjeet Singh, a union minister and Gurgaon MP, claimed that he had...
Listen To The Article Paras Buildtech, a reputed real estate company, announced that it expects to earn Rs 108 crore from its new commercial property in Gurugram. According to the sources, the company has started a new project where it would sell more than 40 plots for the development of SCOs (shops cum offices). The 'Paras Arcade 114' project spans around 3.25 acres and contains 4,597 square...
Listen To The Article Hero Realty has partnered with Saheb Enterprise to build a 2 million square foot mixed-use joint project in Gurugram with a projected sales income of Rs 2,000 crore. Hero Enterprise is owned by Sunil Kant Munjal that promotes Hero Realty. Sources claim that Hero Realty and Saheb Enterprise, the owner of an 8-acre property tract, have inked a joint development agreement for...
Listen To The Article Despite being on paper for several years, work on the redevelopment of Southern Peripheral Road (SPR), which includes the construction of eight flyovers, has yet to begin. This is because the state government has yet to approve the Rs 845-crore project. Furthermore, in the absence of the required number of bidders, the technical bid for the project could not be...
Listen To The Article After some delay because of the disputable land parcels, the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has invited bids to auction three mixed-use sites for the ambitious Global City Project in Gurugram. The e-auction of three Gurugram Global City land parcels totaling 142.52 acres will be held on May 19. The last date for registering...