Real Estate

The Dwarka Expressway Tunnel That Connects Haryana Border To IGI Airport, Is 80% Complete

The Dwarka Expressway Tunnel That Connects Haryana Border To IGI Airport, Is 80% Complete

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 Would Invest Rs 280 Crore In The Second Phase Of Tulip Monsella Project In Gurugram

Tulip Infratech Would Invest Rs 280 Crore In The Second Phase Of Tulip Monsella Project In Gurugram

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 Gurgaon For Rs 165 Crore

Eldeco Group Has Purchased 8.5 Acres Of Land In Sector 80 Gurgaon For Rs 165 Crore

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...

Adore Group Will Invest Rs 200 Crore In A Residential Project In Sector 77, Gurugram

Adore Group Will Invest Rs 200 Crore In A Residential Project In Sector 77, Gurugram

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...

Signature Global To Develop 21 Million Square Feet Of Affordable And Mid-Income Housing In Delhi-NCR

Signature Global To Develop 21 Million Square Feet Of Affordable And Mid-Income Housing In Delhi-NCR

Signature Global, a Delhi-NCR based real estate developer, plans to build over 21 million square feet residential projects over the next six to seven years, according to the company's CEO, Rajat Khaturia. Signature Global is all set to launch its IPO on September 20, will build 19 low- and middle-income developments in Gurugram and its catchment areas such as Sohna Elevated Road and Manesar. "We...

NRI Investments In Residential Real Estate Are Up 35% Year On Year

NRI Investments In Residential Real Estate Are Up 35% Year On Year

The residential real estate market in India has seen a 35% year-on-year increase in non-resident Indian (NRI) investments over the last year. The average ticket size investment falling between 90 lakhs and 1.5 crore, according to NoBroker data. Although the trend is not new, the increase in demand is significant when compared to the period before to the Covid-19 pandemic, when it was in the single...

Airstrip To Be Built Along Delhi-Mumbai Expressway In Nuh-Gurugram Area

Airstrip To Be Built Along Delhi-Mumbai Expressway In Nuh-Gurugram Area

Haryana deputy chief minister cum civil aviation minister Dushyant Chautala has asked civil aviation officials to investigate the potential of constructing an airstrip along the Delhi-Mumbai Expressway in the Nuh-Gururgam area. The minister also asked officials to investigate the possibilities of constructing an airstrip along the under construction Delhi-Katra Expressway in the Haryana districts...

Around 60% Of Buyers Prefer Mid-Range And Luxury Homes Despite Price Surges: ANAROCK

Around 60% Of Buyers Prefer Mid-Range And Luxury Homes Despite Price Surges: ANAROCK

According to the ANAROCK Consumer Sentiment Survey 202,3 there is still a strong demand for mid-range and luxury properties, with 59 percent of consumers favoring residences between Rs 45 lakh and Rs 1.5 crore. The residences priced between Rs 45 and Rs 90 lakh are the most popular (favorited by 35% of respondents), followed by homes priced between Rs 90 and Rs 1.5 crore by 24% of respondents. This...

The Dwarka Expressway Cloverleaf Will Connect To NH-48 By End Of This Month

The Dwarka Expressway Cloverleaf Will Connect To NH-48 By End Of This Month

The NHAI and highway contractor L&T confirmed that the work to connect the cloverleaf junction on the Dwarka Expressway with the NH-48, and the SPR near Kherki Daula will be finished by the end of the month. This will ensure seamless connectivity for commuters across all three roads. Although both organizations claim that the road would be finished by the end of the month, neither was prepared...

DLF Plans To Launch 20,000 Crore Rupees Residential Projects Across India

DLF Plans To Launch 20,000 Crore Rupees Residential Projects Across India

The real estate giant DLF has a few residential launches planned for Gurugram, Panchkula, Chennai, and Mumbai this financial year, sum up about Rs 20,000 crore. A high-rise luxury residential building is being built in the centre of Chennai, a mid and high-rise is being built in New Gurugram Sector 76 and 77, and a residential low-rise is being built in Chandigarh Tri-city. We are planning a few...

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