Elan Group Appoints Cbre for Comprehensive Facilities Management of Its 4 Malls in Gurugram
CBRE will leverage its extensive expertise in property and retail asset management to optimize operational efficiencies, implement best practices and drive tenant satisfaction across Elan Group’s strategically located malls in Gurugram. The Elan Group has announced the appointment of CBRE, a global leader in real estate services, for the comprehensive facilities management of its 4 […]
JMS Group Acquires 8.65 Acres for New Gurugram Group Housing Project, Eyes a Topline of Rs 1,000 Cr
The company has allocated an investment of approximately Rs 400 crore for the construction of this residential project. Realty developer JMS Group has finalized the acquisition of 8.65 acres of prime land in Sector 95A, New Gurugram. This strategic acquisition paves the way for the JMS Group to embark on a large-scale group housing project […]
NHAI Starts Work on Linking Dwarka E-Way and Rewari Pataudi Hwy
The flyover connecting Dwarka expressway with new Gurugram Pataudi highway will feature two lanes, be 11 meters wide, and unidirectional The National Highways Authority of India (NHAI) commenced work on a new 183-meter-long, two-lane flyover connecting the Dwarka expressway with the under-construction Gurugram Rewari highway near the intersection of Old Pataudi Road and Dwarka expressway, […]
M3M India Appoints Stuart McConnachie as Chief Construction Controller
Stuart’s international experience spans four continents, with a proven track-record of delivering projects in Asia, Middle East and Europe Real estate company M3M India, that is developing many housing and commercial projects in Delhi-NCR, has appointed Stuart McConnachie as Chief Construction Controller. McConnachie has a wide range of experience in construction management, project oversight, quality […]
Budget 2024: Rs 10 Lakh Cr Investment! A Game Changer for India’s Real Estate Market?
Budget 2024 for Real Estate Sector: In the Union Budget 2024-25, the government has allocated a fund of Rs 10 lakh crore under PMAY Urban 2.0 to provide housing to 1 crore urban poor and middle-class families. The real estate developers have welcomed the massive allocation in the Pradhan Mantri Awas Yojana (PMAY) Urban scheme […]
TARC Appoints Arabian Construction Company for Construction of Two Residential Complex in Delhi and Gurgaon
Realty developer TARC Ltd has appointed Arabian Construction Company, headquartered out of Abu Dhabi, UAE, as the principal contractor for its luxury residential developments, TARC Kailasa, located in Central West Delhi and its upcoming development TARC 63A located in Gurugram. TARC Kailasa is 2.80 million square feet luxury residential development spread across five 40-storey towers. […]
Budget 2024 Sets the Stage for a Sustainable Growth Trajectory for Real Estate
While the Budget sidestepped the long-standing demands of the real estate sector, the focus on job creation, skilling and employment-linked incentives, boost to infrastructure, etc are the big reforms that will indirectly provide a fillip to the sector. Covering a wide spectrum of Indian sectors, the first Union Budget of Modi 3.0 laid its focus […]
GMDA to Reconstruct Key Gurugram Road and Build Flyover
The Gurugram Metropolitan Development Authority (GMDA) announced plans to reconstruct a major master sector dividing road from the Dwarka Expressway junction with Sector 86 Road to IMT Manesar at a cost of ?600 million. This road, currently in severe disrepair, will pass through Sectors 84/88, 85/89, 86/90, and 87/92. Additionally, GMDA will build a ?590 […]
Sector 56 Gurugram: The New Destination for Luxury Living
Gurpal Singh Chawla, managing director of TREVOC highlights benefits of luxury living destination at Gurugram Positioned in the heart of Gurugram, Sector 56 has rapidly emerged as a hotspot for luxury living. Known for its sophisticated residential complexes, top-notch amenities, and strategic location, the sector attracts discerning homebuyers and investors. With the advent of infrastructural […]
NCR Investors Shift Towards Shop-Cum-Office Plots as Residential Prices Soar
Investors in the National Capital Region are increasingly turning to shop-cum-office (SCO) plots, which offer rental yields of 9–10% amid soaring residential prices and builders seeking to capitalise on the trend. Developers such as DLF, Emaar, M3M and Paras Buildtech have launched projects in the SCO segment, with DLF alone reporting revenue of Rs 1,150 […]