The MRG Group has unveiled its first ultra-luxury residential complex on the Dwarka Expressway with a Rs 500 crore investment. MRG Group, situated in the National Capital Region, has announced the opening of its first ultra-luxury residential project, 'MRG Crown,' in Sector 106, Dwarka Expressway, Gurugram, with an investment of Rs 500 crore. This low-density building offers 3 BHK opulent individual...
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...
Real estate developer Wave Group plans to add 35 cinema screens at seven to eight new premises at an investment of around Rs 100 crore. Wave Group opened Wave Cinemas, a luxury 7-screen multiplex, on September 27 at M3M Urbana luxury in Sector 67, Gurgaon. According to the corporation, Wave Group now operates 10 multiplexes with 42 screens. They have identified seven to eight additional commercial...
TransIndia Real Estate Limited, an Allcargo Group firm, has purchased two land parcels for warehousing in Gurgaon's Farukh Nagar for a total of Rs 231 crore. Both plots of land are located in Reliance Industries' Model Economic Township. According to papers discovered by analytic firm CRE Matrix, the first property piece, covering 56.52 acres, was purchased for Rs 134 crore by Allcargo Inland Park pvt...
The environment is shifting in Gurugram, and it's not just skyscrapers that are defining the city's future. Plotted development is quickly becoming the preferred option for homebuyers and investors alike, providing a blank image and the chance to build their dreams from the ground up. JMS Group, a real estate developer that creates communities with a focus on sustainability and openness, is at the...
The Haryana government plans to build a 9 km long expressway to connect AIIMS' National Cancer Institute at Bhadsa, Jhajjar, with the Dwarka Expressway. The route will connect to the highway via Sector-102, Gurgaon. The state government intends to purchase approximately 98.6 acres of private land and 3.7 acres of panchayat land for the completion of the project, which will span six villages in Gurugram...
Godrej Properties purchased around 15 acres of land in Gurugram Sector 103 for a net value of Rs 403 crore from Microtek Infratech. The news confirmed by CRE Matrix, a real estate data analytics business provider. The sale deed was signed in the name of Godrej Vestmark LLP On June 22, 2023. According to the paperwork, the company also paid a stamp duty of Rs 28.21 crore for the transaction. Godrej...
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...
Tulip Infratech will invest Rs 280 crore to create 350,000 square feet of residential space as part of phase 2 of its Tulip Monsella project on Golf Course Road in Gurugram. The Gurgaon-based developer obtained the Golf Course Road site from PNB Housing Finance Limited, which had taken over the 19-acre plot in 2020 after its borrower Vipul Limited failed to repay a Rs 412-crore loan taken for the...