3.85 Lakh Homes to be Completed in 2022, Led by Delhi-NCR
Nearly 3.85 lakh homes are scheduled to be completed across the top seven cities in 2022, up from 2.78 lakh units that were finished in 2021. India’s largest property market Delhi-National Capital Region (NCR), which was sharply hit by the real estate slowdown, may see maximum completions in 2022. About 29% of the 4.22 lakh […]
Golf is the New LinkedIn of NCR—Networking, Jobs and Upward Mobility
There was a time when Gurugram and Noida’s aspirations meant cloud-knifing skyscrapers, but their desires are now moving horizontally. Golfing in NCR’s suburbs is the new ‘it’ thing. Weekends or not, golf courses and driving ranges in Noida and Gurugram are the places to be seen, network and catch some fresh air in the concrete […]
Hines Plans India-Dedicated Fund to Invest in Office Properties
Global real estate investment and development firm Hines is looking to scale up its India exposure with a plan to raise a fund dedicated to investments in office properties in the country in the backdrop of a series of reforms improving the business environment, said a top official of the company. The US-based firm is […]
Zomato Leases 300,000 Sq Ft Office Space
Food delivery company Zomato has leased 300,000 sq ft of office space at Emaar India’s Downtown Capital tower in Gurgaon in one of the biggest leasing deals in the National Capital Region (NCR) in recent times. The building where Zomato has taken up space is located on Mehrauli-Gurgaon Road. “The building where Zomato has taken […]
Safety audit of all Gurugram Buildings with Structural Damage: Manohar Lal Khattar
Haryana CM Manohar Lal Khattar on Monday directed the state government’s town and country planning department (DTCP) to identify all residential buildings where RWAs report structural damage and initiate safety audits. The move follows protests at Chintels Paradiso, where a vertical collapse of living rooms of five flats from the sixth to the second floors […]
Sec 99-115 Link Road to be Revamped in a Year
The Gurugram Metropolitan Development Authority (GMDA) has floated tenders to upgrade the 10.4km-long stretch of road that connects sectors 99 and 115. According to officials, the project was discussed in the last authority meet of the GMDA in December last year, and approval was given for the upgradation of the road that will cost Rs […]
M3M India to Invest Rs 1,200-1500cr in Next 3yrs in Gurugram Housing Project
Realty firm M3M India on Wednesday said it will invest Rs 1,200-1,500 crore over the next three years to develop a luxury housing project in Gurugram. M3M India has launched luxury golf residential project ‘M3M Capital’ at Sector 113, Gurugram, a company statement said. M3M India also claimed that it has already sold Rs 800 […]
M3m Capital Golf Residential Project In Gurugram Clocks Rs 800-cr Booking In First 3 Days
M3M India’s new high-end luxury golf residential project, ‘M3M Capital’, in sector 113 Gurugram, has clocked Rs 800-crore booking in the first 3 days of its launch. The project has close proximity to Aerocity and Delhi International Airport, and is part of larger vision for Smart City Delhi Airport. In the first phase, M3M India […]
PVR Signs Agreement with M3M India in their largest Retail Project in Gurugram
PVR has signed an agreement with M3M India to set-up an 8-screen multiplex at M3M 65th Avenue, the recently delivered largest luxurious retail project in Gurugram by M3M India, spread across 14 acres, with 1 million square feet of retail space and built with a top-line of Rs 4,000 crore. M3M India’s 65thAvenue is one […]
Union Budget a ‘Mixed Bag’, say Real Estate Players in Gurugram
During her Budget speech on Tuesday, Union finance minister Nirmala Sitharaman announced that eight million houses, both rural and urban, will be built under the flagship PM Awas Yojana housing scheme, setting aside ₹ 48,000 crore for their construction. Pradeep Agarwal, managing director, Signature Group, said the Budget will benefit those building affordable houses, following […]