TARC Limited, a Delhi-based real estate developer, plans to triple its sales income to Rs 1500 crore in Financial Year 2023-2024, owing to strong demand for luxury residential developments, according to Amar Sarin, CEO & Managing Director – TARC Ltd. The company has reached a project sales value of Rs 520 crore and plans two…
Tata Realty has teamed with Tabreed to install cooling infrastructure at its Gurugram, Haryana, commercial complex. Tabreed, a global cooling service company, has secured a deal with Tata Realty to launch its first Cooling as a Service (CaaS) project in India. This will be proved realistic at Tata Realty’s Intellion Park project in Gurugram with…
The luxury rentals on Golf Course Road Gurgaon and the prime locations of south Delhi have grown significantly as top executives and expatriates began work. Rentals on Golf Course Road in Gurgaon have climbed 14% year on year, while rentals at DLF5 Golf Links apartments such as The Magnolias, The Aralias, The Camellias, and The…
DLF Ltd, India’s top listed real estate developer, set a new annual sales record in the Indian real estate business in Financial Year 2023, ending March 31st, with cumulative new transactions of INR 15,058 crores. The success of important project launches, such as the luxury residential offering, The Arbour, The Grove in Gurugram, among others,…
The CPR is an essential part of Dwarka Expressway Package 4, and construction has continued since 2019. The Gurugram district government announced on Wednesday that traffic on the Central Peripheral Road (CPR) had reopened, which is a huge relief for commuters. Nishant Yadav, deputy commissioner of Gurugram, stated that a meeting with officials from the…
Haryana Shahari Vikas Pradhikaran (HSVP) will auction a total of 28 plots in 17 sectors of Gurugram on May 28, with an estimated revenue generation of 250-300 crore. The auction will include 28 plots in various sectors and is designed for group housing developments. The authority pulled some sites from the sale after complaints that…
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…
Krisumi Corporation, a joint venture of Japanese firm Sumitomo Corporation and Indian auto components firm Krishna Group, will invest Rs 300 crore in phase 2 of the 30.38-acre housing project “Krisumi City” in Sector 36A, Gurugram, according to a senior official. Both partners funded the initial capital, and the company expects to earn Rs 500…
Sohna is a fast developing area in the Indian state of Haryana, located in the southern portion of the Gurugram district. It is well-known for its scenic beauty, close proximity to the Aravalli Hills, and a thriving real estate market. The completion of the Delhi-Mumbai Expressway, one of India’s greatest infrastructural projects, encouraged real estate…
Manohar Lal Khattar, the chief minister of Haryana, declared that the Kherki Daula toll plaza on the Delhi-Gurgaon Expressway will be demolished within the next two to three months, adding that his government is seeking options for its removal. Khattar made the statement on the sidelines of an event in Gurugram’s Sector 79, and stated…