Real estate developer Experion is entirely funded by FDI. Experion Holding Pte. Ltd., Singapore, the real estate investing arm of the $2.5 billion AT Holdings group of enterprises, is backing it. We have completed eight projects totalling about 6 million square feet. Throughout Haryana, Punjab, and Uttar Pradesh, we have been developing premium townships, modern commercial landmarks, and organized...
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...
Experion Developers' has purchased three land parcels in the Delhi-NCR for Rs 1,100 crore for new residential and commercial development. Experion Developers is a 100% FDI-funded real estate developer supported by Singapore's Experion Holdings. A 4-acre land piece on Gurgaon's Golf Course Road was purchased for Rs 400 crore, and a second 5-acre parcel in Noida's sector 45 was purchased for Rs 250...
The residential sales in Delhi-NCR reached a 10-year high in the first half of 2023 with 30,114 units sold, with Gurugram accounting for more than half of the units sold with a 52% share. A combined 32% of the market was accounted for by Noida and Greater Noida. Ghaziabad contributed 12%, while Delhi and Faridabad each contributed 2%. The volume of home sales in 2023 will increase by 3% annually...
The Grade A+ office complex 'AIPL Business Club', which is owned by Gurugram-based Advance India Projects Limited (AIPL), has leased out roughly 5 lakh square feet of office space, the company announced on June 13. AIPL specialises in creating upscale commercial and residential real estate projects. With an average lease agreement term of 9 years, AIPL expects that the project will generate yearly...
Magnolia Quality Development Corporation (MQDC), a Bangkok-based property development firm, has signed a lease for approximately 45,000 square feet of space in Gurgaon, marking the construction of the country's second coworking hub. The deal was confirmed by Chulamas Jitpatima, country director of the company's Indian division. MQDC entered the Indian market in 2019 with the opening of Whizdom...
Listen To The Article DLF plans to launch a new ultra-luxury project with 1,100 housing units on Golf Course Extension Road in Gurgaon. It has an estimated revenue potential of Rs 8,000 crore in the future. The official launch is scheduled for the next week. After a decade, DLF will launch a high-rise condominium. Crest and Camellias were their most recent projects in Gurgaon. DLF Limited...
Listen To The Article Godrej Properties has purchased a 9-acre land plot in Gurugram to develop a housing project with a Rs. 2,500 crore sales potential. This project will comprise roughly 1.6 million square feet of luxury residential development. The site is located near Golf Course Extension Road, also known as Southern Peripheral Road. Godrej Properties MD & CEO Gaurav Pandey stated, "Gurugram...
Listen To The Article Smartworld Developers Private Limited, based in Gurugram, has announced the launch of its premium high street retail project, 'Smartworld Orchard Street.' The project is 100,000 square feet in size and is located on the prestigious Golf Course Extension Road opposite the Grand Hyatt in Sector 61, Gurugram. This project is expected to generate a top line of Rs 250 crore for...