Real Estate

Magnolia Quality Development Corporation Has Taken A 45,000 Square Foot Lease In Gurgaon

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 opening of Whizdom...

Krisumi Corporation Would Invest Rs 300 Crore In The Second Phase Of The Gurugram Project

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 crore from it. The company has set a revenue target of...

The Sohna And Gurugram Real Estate Markets Are Booming As A Result Of DMIC Development

Listen To The Article 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 development in the...

The Kherki Daula Toll Plaza Will Be Moved In 2-3 Months Says CM Khattar

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 that he discussed the matter with Union Transport Minister Nitin...

M3M India Has Launched 900 Plots In Panipat With Revenue Potential Of Rs 600 Crore

M3M India Has Launched 900 Plots In Panipat With A Revenue Potential Of 600 Crore

M3M India announced its first plotted-development project, M3M City of Dreams, had launched 900 plots in Haryana's Panipat with a topline of Rs 600 crore. The M3M City of Dreams project is located in Sector 37 in Panipat, where M3M India has presented 900 plots ranging from 140 to 180 square yards, with a sales value potential of Rs 600 crore in Phase-I. According to the corporation, 436 plots...

Realtors Have Purchased 2,181 Acres Of Land For Over Rs 26,000 Crore Since 2022

Realtors Have Purchased 2,181 Acres Of Land For Over Rs 26,000 Crore Since 2022

Real estate developers have purchased over 2,200-acre land parcels for around Rs 26,000 crore since January last year, primarily to create residential developments as per JLL India. The developers have bought around 2,181 acres of land area in the last 17 months (January 2022-May 2023) valued at over Rs 26,000 crore, with an estimated development potential of approximately 209 million square feet...

Ganga Realty Purchases 8.35 Acres Of Land In Gurgaon For A Luxury Housing Project

Ganga Realty Purchases 8.35 Acres Of Land In Gurgaon For A Luxury Housing Project

Ganga Realty has purchased 8.35 acres of land parcel in Sector 84 in Gurgaon for Rs 132 crore in order to create a luxury group housing project. The NCR based real estate company will invest an additional Rs 750-800 crore in the project's development. "On this project development, we will develop a total of 1.5 million square feet, of which 10.5 lakh square feet will be residential and 4.5 lakh...

DLF Intends To Start Projects Worth Rs 200 Billion In The Current Financial Year

DLF, a prominent real estate firm, intends to sell property projects worth Rs 197 billion by March of next year. Due to robust demand for housing, the company expects to book sales of roughly Rs 120 billion in the current fiscal year. DLF reported a more than two-fold increase in sale bookings in the last fiscal year, reaching a record Rs 150 billion, up from Rs 72 billion the previous year. The...

Luxury Home Sales Climbed By 151%, While Sales In Delhi-NCR Increased By 216%

According to CBRE's 'India Market Monitor Quarter 1 2023' study, the luxury residential market in India will continue to rise in sales and launch activity in 2023 for the second year in a row. An increase of over 151% Year on Year was registered between January 2023 and March 2023. Delhi-NCR is currently in first place, with a 216% rise in luxury housing sales in Quarter 1 2023 compared to Quarter...

The Opening Of The Dwarka Expressway Will Increase Property Prices Up By To 40% In Gurugram

The launch of the Dwarka Expressway in Gurgaon is predicted to enhance real estate prices in the vicinity by 30-40%. Because of the increased interest in the area, numerous developers have launched projects along the Expressway, driving up home prices. The completion of the Dwarka Expressway is expected to have a significant impact on the Gurgaon real estate market in terms of both demand and price...

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