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...
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...
Listen To The Article Signature Global has announced the launch of three independent floor projects in Gurugram as part of its Mission 2023 initiative. Signature Global City 93 in Sector 93, Signature Global City 79 B in Sector 79, and Signature Global City 92-2 in Sector 92 are among the projects announced in Gurugram. "As part of our portfolio expansion, we are overjoyed to launch these...
Listen To The Article Max Estates, the real estate arm of Max Ventures and Industries Limited (MaxVIL), has entered the residential real estate market in Gurugram through a joint development agreement (JDA) with Namo Realtech Private Limited to develop 12 acres housing project. According to a statement issued by MaxVIL, the project has a development with a potential of approximately 2.4...
Listen To The Article The process of establishing a heliport in Gurugram's Sector 84 is nearing completion, according to Haryana's deputy chief minister Dushyant Chautala. The establishment of this heliport will provide a new option for Delhi's airspace, as well as a good connectivity option for the states bordering Haryana. pilot and cabin crew training centre at two...
Listen To The Article The state government issued a notification on Friday changing the boundaries of the Municipal Corporation of Gurugram (MCG) and Manesar Corporation to clarify the administrative jurisdictions of the corporations (MCM). The MCG and MCM boundaries have been redefined while keeping the Dwarka Expressway as a physical line. The MCM will gain jurisdiction over the western side of...
Listen To The Article Elan Group, based in Gurgaon, will invest Rs 4,000 crore in developing 8 million square feet of luxury residential space on the Dwarka Expressway, on a 40-acre land parcel purchased from Indiabulls Real Estate in January for Rs 580 crore. It is a fully licenced 40-acre property, with 30 acres reserved for residential development and 10 acres set aside for...
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