The Haryana State Industrial Infrastructure Development Corporation (HSIIDC) has issued a bid for proposals for four mixed-use plots in Global City project Gurugram. The four land parcels total 172.76 acres are open for auction. The plots will be auctioned off for commercial and residential building in the 1,000 acres Global City, with a 15 billion investment potential. HSIIDC's Global City will be...
Signature Global recorded 65 percent increase in revenue to Rs 1,327.4 crore in the first half of this fiscal year 2023, up from Rs 804.8 crore in the previous year. Pre-sales booking increased 38 percent to Rs 1,861.3 crore in the first half of the year. The residential units booked before construction or completion is comes under pre-sales revenue. Pre-sales revenue increased 4.23 percent year...
Godrej Properties and Hero Realty are in talks to sell a 14-acre land piece in Gurugram worth roughly Rs 730 crore. The Mumbai-based real estate firm purchased the land in Sector 89 from a local land-aggregating company almost two years before. "The sale of the land is surprising given that Godrej purchased it less than two years ago." "The deal is at a very advanced stage, and both partners...
SS Group, NCR based real estate firm, announced the inauguration of its new luxury property, SS CENDANA. SS CENDANA Residences is suitably titled "A Luxury Home" because of its location and the general, club, and sports amenities it offers. SS CENDANA is located in Sector 83, Gurgaon, the most active area in Gurugram and becoming the centre of luxury life. It has an easy access to the rest of the...
Experion Developers has purchased a six-acre land lot in Sector 53 Gurgaon for around Rs 400 crore from the Haryana Shahari Vikas Pradhikaran (HSVP), the state urban development organization. The department had auctioned off another two-acre plot in Sector 56 for Rs 120 crore to TREVOC (The Real Estate Venture of Chawlas), one of the Spaze group's three proprietors. The Haryana State Industrial...
This large investment aims to accelerate construction and ensure the timely delivery of residential and commercial projects. The organization has a track record of providing almost 30 million square feet across all sectors. An additional 20 million square feet is now being built, as well as future projects. The majority of these projects will be available for possession in fiscal years 24, 25, and...
DLF is expected to begin construction of a new 25 lakh square feet shopping mall in Gurugram this quarter at a cost of about 1700 crore in order to expand its company amid a boom in demand for premium real estate space from retailers. DLF currently has a retail footprint of around 42 lakh square feet, consisting of nine properties, including malls and shopping centres, primarily in Delhi-NCR. DLF...
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...
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...