Listen To The Article Expressway Tower homebuyers have demanded a structural and forensic audit of the Sector 109 affordable housing project, prompting the department of town and country planning (DTCP) to convene a meeting with the developer and investors on December 6 to discuss the issues. Even though there has been no construction at the site for the past years, residents claim that the...
Real Estate
Listen To The Article A city court on Monday denied the director of Ardee City's builder's anticipatory bail application, accusing him of forging documents to obtain a licence for approximately 40 acres of land owned by the HSVP and failing to develop the area earmarked for EWS plots in Sector 57, Gurugram. Additional Sessions Judge Jasbir Singh denied Gopal Das Estates & Housing...
Listen To The Article Godrej Properties today announced that it sold villas worth more than Rs 300 crore on the first day of the launch of a 100-acre township in Greater Noida, defying the current slowdown in the NCR property market. Godrej Properties is the Godrej Group's real estate division. This is the firm's first project in the Noida-Greater Noida area. The 'Godrej Golf Links' township...
Listen To The Article MCG has prepared estimates to repair the inadequate infrastructure in four of the eight private colonies it took control of five months ago. It has made the estimates after conducting a new survey on the ground following the takeover, which will now be forwarded to the state government for final approval. According to officials, the highest estimate is for Vipul World,...
Listen To The Article L&T Realty, Larsen and Toubro's real estate development arm, and Singapore-listed CapitaLand and India Trust Management, trustee-manager of CapitaLand India Trust (CLINT). have signed a non-binding term sheet for a commercial platform that will develop nearly six million square feet of office space in Bengaluru, Chennai, and Mumbai. L&T will build and develop...
Listen To The Article Paras Buildtech, a Delhi-based real estate developer, has purchased a 2-acre land parcel in Noida's sector 129 from a South Indian financial institution for Rs 91 crore, according to a senior company official. The company intends to develop 2.7 lakh square feet of retail space and approximately 1.5 lakh square feet of office space with a total investment of...
Listen To The Article Haryana Chief Secretary Sanjeev Kaushal announced on Friday that the Central Government’s Public Investment Board has approved a 28.8-kilometer-long metro connection between HUDA City Centre and Cyber City in Gurugram. It would provide an efficient and environmentally friendly transportation system to the people of Haryana, particularly those living in Gurugram and...
Listen To The Article Smartworld Developers Private Limited, based in Gurugram, has announced the launch of its premium high street retail project, 'Smartworld Orchard Street.' The project is 100,000 square feet in size and is located on the prestigious Golf Course Extension Road opposite the Grand Hyatt in Sector 61, Gurugram. This project is expected to generate a top line of Rs 250 crore for...
Listen To The Article M3M India has bought 13 acres of land parcel in Noida through e-auctions and plans to invest around Rs 2,400 crore in developing a mixed-use project, according to its director Pankaj Bansal. M3M India, which has a significant presence in Gurugram, will enter the Noida property market with this project. "We bought a 52,000 square metre plot in Sector 94 in an...
Listen To The Article Soon after its announcement of Gurugram part of Dwarka Expressway opening, it significantly increased demand for nearby real estate projects. There has been a lot of development in every sector, including residential and commercial properties like independent floors, high-rise buildings, shopping arcades, malls, healthcare and education facilities, and so on, attracting a...