Listen To The Article Ashiana Housing Limited, a real estate developer announced that it had submitted the highest bid for a residential project being developed in Gurugram by the Haryana State Industrial & Infrastructure Development Corporation (HSIIDC). According to the company, HSIIDC has certified that Ashiana Housing was the top bidder in their own e-auction for the allocation of...
Listen To The Article Aspr Greenz and Aspr Hills are two new residential projects offered by Mapsko, a renowned real estate developer situated in Gurgaon. The attractive plot sizes and amenities like open gyms, kids play areas, and multipurpose courts are included in the projects. The new projects are close to city landmarks and situated in the most desirable areas of Sonipat and Gurgoan,...
Listen To The Article Ashiana Housing exceeds its annual booking value target of Rs 1,100 crore. The company has exceeded its annual booking value of Rs 1,100 crore for the financial year 2022-2023. The total booking value for financial year 2023 was Rs 1,278.84 crore, with 25.21 lakh square feet of booking area. In addition, a total of 351 expressions of interest (EOIs) were received in...
Listen To The Article K Raheja Realty, a Mumbai-based real estate developer, has launched a premium ready-to-move-in residential property. Tower G at Raheja Residency in Malad East offers 2BHK luxury residences beginning at Rs 1.95 crore. The 20-story tower will have four units on each floor, and the early bird booking offer will begin around April 30, 2023. The property, which is in a good...
Listen To The Article Experion Developers Singapore’s real estate focussed fund received the highest votes for Blackstone-backed besieged Dignity Buildcon in a deal that would imply a 50% recovery for lenders originally led by Stanchart Bank, as per the application filed by the resolution expert with the bankruptcy court. Experion Developers offered Rs 450 crore for the real estate...
Listen To The Article The Haryana Real Estate Regulatory Authority (HARERA), Gurugram, has ordered Splendor Landbase Limited to pay delayed possession charges of 10.6 percent interest to buyers in a commercial project after the developer failed to complete construction and deliver units on time. "The accused promoter is ordered to pay the stuck possession charges at the approved rate of...
Listen To The Article Max Estates, a subsidiary of Max Ventures and Industries Ltd (MaxVIL), plans to invest about Rs 3,400 crore in new residential and commercial projects in Noida and Gurugram over the next four to five years, according to Sahil Vachani, the company's Managing Director (MD) and Chief Executive Officer (CEO). The company has purchased a plot of land in Noida's Sector 128...
Listen To The Article The Special Window for Affordable and Mid Income Housing (SWAMIH) investment fund has finished more than 20,000 homes worth 12,000 crores since its launch in 2019. The Union Finance Ministry is funding the SWAMIH fund, which is aimed at debt financing of distressed and affordable housing properties. Stressed properties are repossessed properties from a defaulting...
Listen To The Article Central Park, a real estate developer known for concept-based luxury housing with exceptional hospitality services, has launched luxury independent floors in Gurugram. The Orchard, based on the concept of a fruit valley, is located in iconic global township Central Park Flower Valley, Sohna. The Orchard is a low-rise luxury development with 284 residences in Stilt+4...
Listen To The Article The Haryana government presented a Rs 1.83 lakh crore budget for the financial year 2023-2024, with Rs 5,893 crore kept for urban development and the housing sector. In his Budget speech, Chief Minister Manohar Lal Khattar also stated the establishment of two data centre parks in the state, one in Gurugram and one in Ambala district. In addition to the benefits of...