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...
Royal Green Realty launched Shop-Cum-Office (SCO) project of the Courtyard 37D in one of the Gurgaon's most promising location Sector 37D. The project spans 3.63 acres and provides upscale built-up plots. The project provides business with a suitable scale, space, and visibility thanks to its wide choice of site sizes and flexibility for expansion up to 4 stories along with a basement. The project will...
Singapore-based NBFC with a real estate and infrastructure focus made its first investment in India by providing 200 crores as project financing for Vatika Group's premium residential project, Sovereign Park in Gurugram. The investment includes a term loan that aids in a partial refinance to the current lender and the rest sum is allocated for building. The project is located on a 10.5-acres of...
The Haryana Mass Rapid Transport Corporation (HMRTC), announced that the foundation work for the proposed Metro extension from Ballabhgarh to Palwal, covering a distance of about 25 km, and the RITES has been given the contract for the techno feasibility study. The RITES has been asked to make the detailed project report (DPR) for the new Metro rail project from Vatika Chowk, Sohna Road to Pachgaon in...
The National Highways Authority of India (NHAI) agreed to purchase land at eight locations along the Dwarka Expressway under the NHAI Act to connect city sector roads with the Expressway. The NHAI chairman Santosh Kumar Yadav approved the idea after inspecting the Gurugram section of Dwarka expressway. Partial work is still ending on the stretch, Gurugram district administration officials said...
Gurugram is a booming city in the National Capital Region (NCR), is anticipated to see a large increase in the value of its real estate because of infrastructure developments. The Millennium City is quickly becoming a vibrant centre for both residential and business activity in the whole NCR. With significant government investment and private sector involvement, the city's infrastructure...
The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) intends to build Vision City, a commercial hub for items like jewellery, gems, and furniture, on about 121 acres of land near the intersection of the Dwarka Expressway and Pataudi Road in Sector 88. It will be developed after the completion of the Global City project, which will be built on 1,003 acres of land....
Hero Realty intends to start up real estate projects this fiscal year that would total over 4 million square feet and have a potential income potential of Rs 3,500 crore. According to Shah, the company, which is supported by Sunil Kant Munjal's Hero Enterprise, is also thinking about doing an initial public offering (IPO) in the next three to four years. Hero Realty intends to invest between Rs...
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