The real estate company Elan Group has purchased a 7.65-acre plot of land from Ambience Group in Gurugram for more than Rs. 200 crores in order to build a commercial property as part of its expansion strategy. Approximately one million square feet of office, retail, service apartments, and a hotel will be built by the […]
In the first quarter of the current fiscal year FY2022-23, Delhi-based real estate developer TARC Limited recorded consolidated revenue growth of 161% YoY and 68% QoQ at Rs. 71.27 crore. The business recently formalized the financing strategy for its future expansion after receiving Rs 1,330 crore via NCD from Bain Capital. The most recent round […]
Dwarka Expressway has seen it all, from being the hub of Gurugram’s real estate market to being one of the slowest and unpredictable marketplaces, with a profusion of projects and fortunes until only a few years ago. The Northern Peripheral Road which is the primary driver of the micro market, is being built at a […]
India’s largest real estate developer DLF is considering a bid for a well-known New Delhi shopping mall with a starting auction price of $366 million, according to a public notice obtained by Reuters. In accordance to public auction notice, the 1.2 million square foot “Ambience Mall” in the affluent southern section of India’s capital has […]
Oberoi Realty, firm based out of Mumbai, is in the process of purchasing a 50-acre land piece on Gurgaon’s Golf Course Extension Road in order to enter the market in the National Capital Region. The worth of the land is estimated by experts to be around Rs 1,000 crore. Oberoi will need to assume the […]
According to a survey, the number of new real estate project launches in the top eight residential markets was at its highest level in seven years between April-June 2022 and increased by 368 percent year over year as well as 28 percent on a quarterly basis. In India’s eight key residential cities, 1.02 Lac units […]
Real Estate sector is now on the mend with shifting trends where in the residential sector has again come into the focus of real estate investors which is likely to boom in the upcoming financial year of 2023. The industry is under a recovering stage, and changing trends indicate that residential sector is in demand. […]
A section of the elevated road between Subhash Chowk and Badshahpur is now open to travelers. The construction is intended to shorten travel times and ease traffic congestion between Gurugram and Sohna. The elevated main route will also be connected to the Delhi-Vadodara expressway by an entry at Alipur. Sohna Road is a prime illustration […]
Construction of eight overpasses is included in the re-evolution of Southern Peripheral Road (SPR). This includes footpaths, trails etc. and all these construction works will be completed by 2025. Chief Minister of Haryana, Manohar Lal Khattar approved the project and announced that expected completion time is around two to three years. Gurugram’s Metropolitan Development Authority […]
Union Minister, Nitin Gadkari announced that three road project including Sohna-Gurugram national highway worth Rs 3500 crore is ready to function. The honor of inauguration ceremony was done by Road and Transport minister, Nitin Gadkari. Officials have announced that one of the three projects that was inaugurated is the six-lane Sohna-Gurugram national highway, which is 22 […]