According to NHAI officials, the previous deadline of July 2021 for the Sohna Road project could not be met due to the Covid-19 pandemic-induced lockdowns and ban on construction to control pollution According to NHAI officials, work on Phase 2 of the Sohna Road, beyond Badshahpur and Sohna, is 70% complete while the work on […]
On Thursday, the country’s largest lender State Bank of India announced various festive offers for prospective home loan customers, including a credit score-linked home loan starting at 6.70 per cent, irrespective of the loan amount. India’s residential property market is expected to witness a strong consumer demand during the festival season with various banks, including […]
The year 2022 will pave the way for two key road projects to be opened for traffic, Union minister Nitin Gadkari said on Thursday. One of them is the long-delayed Dwarka Expressway and the other is the elevated road between Gurugram and Sohna. “The 30km, 8-lane, access-controlled Dwarka Expressway, which is being constructed at a […]
With the final land acquisition hurdle settled last week, the most crucial intersection of the Dwarka Expressway is now expected to be completed by September 2022. Once ready, the cloverleaf intersection will make it easier for the residents of the new sectors to access NH-8 without having to go all the way to the Kherki […]
The proposed Southern Peripheral Road (SPR) redevelopment is back on the drawing boards with the Gurugram Metropolitan Development Authority (GMDA) contemplating constructing either a series of flyovers or underpasses at five critical junctions on its six km-long stretch between Vatika Chowk and Ghata village, also known as the Golf Course Road Extension. The authority, officials […]
Realty developer Omaxe Ltd. has appointed Abhinav C Ajmera as President- Leasing, who will be responsible for strengthening the leasing operations of company’s upcoming projects. The leasing of the company’s ambitious project Omaxe Chowk in Delhi’s Chandni Chowk is set to begin soon and it hopes that this new association will give fillip to the […]
Real estate developers are cutting operational costs such as common area maintenance in order to reduce burden on retailers impacts due to the COVID19, according to industry experts. Developers are also renegotiating their leasing arrangements and business models to sustain the momentum. “The negotiations between retailers and investors have improved and increased significantly post-pandemic. At […]
Buyers of residential and commercial property in the millennium city will have to shell out more, with the Gurugram Bench of the Haryana Real Estate Regulatory Authority (HRERA) imposing registration and processing fee on promoters for the registration of new real estate projects. Now, a registration fee of Rs 10 per square metre will be […]
The Indian real estate business – both commercial and residential – has been aggressively adopting technology to create better customer experiences for quite some time. With the COVID-19, the digital revolution has only accelerated. We’ve seen a few flashes of this digital change during the last 12 months. Recently, PropTiger.com, India’s premier digital real estate consultancy […]
The total investment for the 9 acre project located in Sector 59 is Rs 1,500 crore out of which Rs 800 crore have been spent on the first phase. An international real estate firm Hines and Conscient Infrastructure Pvt Ltd have launched the second phase of their joint venture project Elevate and are planning to […]