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...
The retail real estate business expands across the country, a recent JLL India study report revealed bright numbers for the next years. According to the survey, there has been a remarkable increase in retail real estate supply across the country's seven major cities, with developers supporting the development. The new supply of retail real estate space is predicted to increase by 43% across seven major...
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...
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...
Eldeco Group has purchased 8.5 acres of land in Sector 80 Gurugram for Rs 165 crore through an auction organized by the Haryana State Industrial & Infrastructure Development Corporation (HSIIDC). Pankaj Bajaj, Chairman and MD of the company, told that the company expects to invest another Rs 400 crore in the construction of an 850,000-square-foot residential property. Eldeco Group intends to...
A Gurgaon-based real estate developer Adore Group, has purchased 10.20 acres of land in Sector 77 Gurgaon and plans to invest Rs 200 crore in the development of a residential project, according to a senior official. Director and founder of Adore Group Mr. Jetaish Gupta said that "This is the first Greek lifestyle residential project launch in Gurgaon" The project will include a 60,000-square-foot...