With improving connectivity and infrastructural development, Golf Course Extension Road is going to be the next hub for luxurious residential and commercial projects in Gurugram —AK Tiwary Golf Course Extension Road (GCER) is directly connected to Golf Course Road. This developing stretch has carved a niche for itself in a very short period, as it […]
The retail project to be constructed on a ‘built-to-suit’ format with the total investment of Rs 620 crore Delhi-NCR based Vatika Group has leased approximately 50,000 sq ft to French sporting goods retailer Decathlon for a flagship store in New Gurugram, the company said. Located at the junction of the Dwarka Expressway and National Highway […]
Months after concerns were raised by environmentalists over a proposed road through the Aravali biodiversity park, builder DLF has proposed to connect the national highway with MG Road via an underpass beneath the park. The plan was floated during DLF’s meeting with officials of the Gurugram Metropolitan Development Authority (GMDA) last month. The minutes of […]
Realty firm Godrej Properties sold properties worth Rs 3,532 crore during the April-December 2019 period, up 12 per cent as compared with a year-ago period. According to an investors’ presentation, the company’s sales bookings stood at Rs 3,155 crore during April-December 2018. In terms of volume, Mumbai-based Godrej Properties sold nearly 52 lakh sq ft […]
In a meeting chaired by VS Kundu, CEO, Gurugram Metropolitan Development Authority(GMDA) at the PWD guest house on Friday, the authority asked developers to submit their undertaking for the payment of their contribution towards the upgrade of the Southern Peripheral Road (SPR) by February 29. The authority said that if the developers gave an early […]
US banking giant Goldman Sachs recently invested Rs 610 crore in Vatika Group, of which Rs 245 crore will be used to expedite construction in the first phase of this project. Google will pay a rental of about Rs 115 per sq ft per month for 25 years. Realty developer Vatika Group has leased 700,000 […]
Central Park, Gurugram-based realty major, has recently launched its uber-luxury, serviced apartments at Bellavista Towers, Central Park Resorts, Gurugram. Inspired by Japanese way of life, Central Park has started development of 359 apartments. Its now bringing a project which will be compared to a seven-star hotel, in terms of aesthetics, comfort, amenities offered. On the […]
Real estate firm Supertech is looking to sell its assets to raise fund for completing about 20,000 homes in New Delhi-NCR. Supertech chairman RK Arora told ET that the company has applied for the realty stress fund and as a backup plan, has identified several of its malls and hotels in tier II cities to […]
Taking a U-turn on its proposal to double circle rates in Gurugram’s posh areas, the local administration has given in to objections and submissions of realtors and home buyers. Circle rates of majority of areas are unchanged, barring few villages on the outskirts in the bi-annual revision. Even in these villages, there is no substantial […]
Realty firm Central Park on Saturday said it will invest around Rs 1,000 crore to develop a luxury housing project in Gurugram, Haryana. The company will develop over 500 housing units in the 13-acre housing project ‘Bellavista‘, which is part of nearly 50-acre township ‘Central Park Resorts‘ in Gurugram. Central Park has already launched the […]