In an interview with PTI, DLF Home Developers Ltd Senior Executive Director Aakash Ohri expressed confidence that the company would achieve its sales guidance of average Rs 1,000 crore a quarter, driven by need for home ownership and upgradation to bigger homes with better amenities amid the COVID-19 pandemic. Realty major DLF Ltd has sold […]
The report ascertains the suitability of cities on the basis of factors such as population density, open area ratio and hospital infrastructure. Gurugram is the most suitable city to live in during COVID-19 times considering factors such as population density, open area ratio and hospital infrastructure, a new report by Square Yards titled Suitability Index: […]
With Gurugram staring at the acute shortage of beds for Covid patients, real estate firm M3M Group and Medanta Hospital have collaborated to establish a dedicated Covid centre equipped with 400 beds at Sector 67. The 400-bed facility that will be set up in empty flats, owned by the M3M group, will also provide food […]
The Haryana Real Estate Regulatory Authority on Tuesday said it has issued regulations for the sale of an apartment or a building in any real estate project on carpet area basis regulations only. The Gurugram-based regulator warned that penal proceedings would be initiated against the promoter or the real estate agent violating the instructions. The […]
Real estate developer M3M has repaid Rs 418 crore in Q4 of FY 2020 – 2021 against the target of Rs 200 crore, its director Pankaj Bansal has said. Till December 2020, the company had cleared debt of Rs 500 crore and planned to clear the balance liabilities by March 2022. The company, which has […]
Corporate major BK Birla’s realty arm, Birla Estates, will invest Rs 550 crore to initiate residential development of about 700 high-end independent floors in Gurugram, With this investment, Birla estates looks to enter the NCR realty market. In the past, the company had tied up with Anant Raj (Delhi-based realtor) to develop residential township on […]
At a time when the real estate sector as well as several housing projects have been hit hard due to the spread of the Covid pandemic and the resultant lockdown, some developers claim to have recorded robust sales. At a time when the real estate sector as well as several housing projects have been hit […]
The approved projects include real estate projects of developers including DLF and M3M, along with some infrastructure projects. The Gurugram Metropolitan Development Authority (GMDA) has approved 25 projects for immediately restarting construction activity, with strict instructions to the builders to maintain social distancing norms during work. Developers are free to start construction at 45 sites […]