The tunnel connecting the Kapashera border to NH-8 is being built to provide seamless connectivity from the Haryana border to the IGI Airport in Delhi, is around 80% complete, according to NHAI officials. The tunnel is part of the Dwarka Expressway, a major project of India's NHAI. The tunnel is the longest and widest urban road tunnel in the country, with a length of 3.6 km and eight...
The Railway India Technical and Economic Service (RITES), was awarded the contract to compile a detailed project report (DPR) for this project earlier this year, has prepared the draft alignment of the proposed Metro line from Vatika Chowk Gurgaon to Pachgaon (Manesar). According to senior officials of the Haryana Mass Rapid Transport Corporation (HMRTC), a meeting to review the proposed alignment...
The NHAI and highway contractor L&T confirmed that the work to connect the cloverleaf junction on the Dwarka Expressway with the NH-48, and the SPR near Kherki Daula will be finished by the end of the month. This will ensure seamless connectivity for commuters across all three roads. Although both organizations claim that the road would be finished by the end of the month, neither was prepared...
Gurgaon's real estate market experienced the largest growth in home demand during the second quarter of the year. Increasing home demand and decline in availability have created an exciting market environment that has raised usual rates and changed the dynamics of the Gurgaon real estate market. According to the most recent data from Magic Bricks, the demand for properties in Gurgaon increased by...
The average premium housing rent increased by 28% in the first half of this year as a result of increased demand, limited supply, and growing capital values, according to Savills India. The average rental rate in Gurugram "seen an increase of 28% year-on-year across all segments. The prime locations like Golf Course Road, and Golf Course Extension Road witnessed the largest increases in rental...
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...
Deerika Hypermarket has secured a lease for 20,176 square feet of prime retail space in Elan Miracle, Gurugram. Elan Miracle known for providing a wide range of daily household essentials, including fashion items, electronics, luggage, footwear, and home fashion. Hypermarket has quickly established itself as a go-to destination since its inception in 2020. The retailer currently operates four...
NCR-based real estate developer, MRG Group has announced to build a new affordable housing complex in Sector 90, Gurgaon. The project, located along the Dwarka Expressway Gurgaon, will meet the region's growing demand for affordable homes. "We are committed to the state's vision of affordable housing and are excited to continue our efforts in Gurugram to provide competitively priced residential...
The phase-1 construction of the premium residential project Elan The Presidential, Gurgaon has been contracted out to Leighton India by the NCR-based Elan Group for Rs 1,000 crore. Elan The Presidential, the company's first high-end project, will contain 728 units and is being built in Gurugram's sector 106, close to the Dwarka Expressway. Leighton Asia, a subsidiary of the well-known CIMIC...
The Sare Gurugram group housing project is now under the control of KGK Realty (India) Limited and Dhoot Infrastructure Projects Limited. This development brings great news for more than 1200 homebuyers, as the consortium has already taken steps to transfer possession of the properties. Spanning across a vast 47-acre area, the Sare Homes complex offers a total of 4 million square feet of...