The decision will lead to increased demand from professionals who can now own their office spaces or business locations, experts said. Residents of Haryana may soon be allowed to register independent floors in properties located in licensed colonies as a commercial unit, widening the scope of a provision that currently exists only for registering residential […]
The Dwarka Expressway, also known as the Northern Peripheral Road, will be operational in 2023 and will ease traffic congestion on Delhi-Gurugram Expressway, Union minister Nitin Gadkari said on Monday. Taking to Twitter, Gadkari said Dwarka Expressway, which is being developed as the first elevated urban expressway in India, will reduce pressure on Delhi-Gurugram Expressway […]
Of a total 1,205 acres acquired for residential development in the top seven metro cities over the past one year, NCR currently stands second with a 12% share (approx 150 acres). Moreover, across these seven cities, Gurugram tops in land transactions for other development projects — logistics, and industrial park and township, according to the […]
Smartworld Developers is eyeing sales worth Rs 5,000 crore by March 2022 from these projects, of which it claims Rs 2,000 crore has been already achieved. Smartworld Developers will invest Rs 1,200 crore in developing two residential projects-Smartworld Gems and Smartworld Orchard in Gurugram. The company is eyeing sales worth Rs 5,000 crore by March […]
Real estate developers have launched 4,500 independent floors during the January-September 2021 period in Gurugram and Faridabad, about 40 per cent of the new housing supply in these two cities, to meet rise in demand of such properties during the COVID-19 pandemic, according to property consultant Anarock. Over 20,000 independent floor flats are expected to […]
Smart World Developers will invest Rs. 8000-10,000 crore in developing residential projects in Gurugram. The debutant real estate company is also eyeing sales worth INR 5000 crore by March 2022. The company is eyeing expansion in key real estate markets such as Gurugram, Noida, Mumbai MMR, Pune, Bengaluru, Goa and Hyderabad in the near future. […]
Bullish on demand DLF Ltd has identified a robust pipeline of new projects and will launch 35 million square feet area in medium term with a sales potential of around Rs 40,000 crore. Bullish on demand for residential and commercial properties, Realty major DLF Ltd has identified a robust pipeline of new projects and will […]
After missing several deadlines, the National Highways Authority of India (NHAI) is likely to open the U-turn underpass at Sirhaul toll plaza near Ambience Mall on the Delhi-Gurugram Expressway to the public this week. A longstanding demand of local residents, the 377-metre-long four-lane underpass will help commuters to avoid going to Rajokri in Delhi for […]
Gurgaon based real estate developer Spaze Group in in talks to acquire various land parcels for low-rise commercial and residential development with the investment of Rs 2000 crore in next few years, a senior executive said. The company, which has so far developed commercial and residential high-rises, said that demand for low rise development has […]
Gurgaon-based developer, Chintels India Pvt. Ltd, on October 8 began construction of its commercial project Chintels Center spread across 9.28 lakh sq ft, for which it is investing Rs 400 crore, the company said in a statement. Located at Sector 114 in Gurugram, Haryana will be constructed on a plot size of 6.79 acres. “The […]
