Experion Developers has bought a land lot in Sector 48 in Gurgaon through a government auction worth around Rs 550 crore. The 5.5-acre plot of land is auctioned by HSVP. This is the company's fourth acquisition in the last several months. The land parcel will be used to build a luxury residential project in sector 48, Gurugram. This land acquisition is a key milestone for Experion Developers...
Singapore-based NBFC with a real estate and infrastructure focus made its first investment in India by providing 200 crores as project financing for Vatika Group's premium residential project, Sovereign Park in Gurugram. The investment includes a term loan that aids in a partial refinance to the current lender and the rest sum is allocated for building. The project is located on a 10.5-acres of...
The expansion of the Metro line from HUDA City Centre Metro Station to Cyber City Gurugram has been given approval by the Union Cabinet. The development is expected to have a positive impact on the area's real estate market. Since it would receive a big infrastructure development, real estate companies appealed it holds enormous potential, mainly for the real estate sectors between the Dwarka...
Listen To The Article The Vatika Group, one of India's leading real estate developers, has recently partnered with IREAA India Pvt Ltd as key leasing partners for their retail developments in New Gurgaon. This agreement is intended to attract a number of well-known retail companies to the neighbourhood, delivering a great shopping experience for all New Gurgaon residents. Vatika has the...
Listen To The Article Real estate developer Vatika Group has leased more than 1 million square feet space for its upcoming office and retail projects as demand for quality space has increased after pandemic. Delhi-NCR dominated the absorption levels and witnessed an increase in rentals in Central Business District area. The vacancy levels have dropped in Central Business District of Gurguram and...
Listen To The Article Two separate FIRs have been filed for alleged fraud against Gurugram based reputed real estate developer Vatika Limited and its managing directors. An FIR has been registered at the Sector 10-A police station for Rs 133 crore rupees fraud, while one more has been registered at the Kherki Daula police station for Rs 36 lakh rupees cheating. Both FIRs were filed on the advice...