M3M India Expects Rs 4k Crore Revenue From New Gurugram Housing Project; Investment at Rs 1,200 Crore
Realty firm M3M India is expecting a revenue of around Rs 4,000 crore from its new luxury housing project in Gurugram. The company has launched a new residential project ‘M3M Altitude‘ on Golf Course Extension Road in Gurugram where it will build 350 luxury apartments. M3M will invest Rs 1,200 crore to develop this 4-acre […]
Whiteland Corporation targets Rs 15000 cr Topline with Westin Residences
In Delhi-NCR, the Dwarka Expressway has become a major investment destination for the real estate sector. The area has also become a significant choice for homebuyers due to its location. The expressway is close to Delhi’s Indira Gandhi International (IGI) Airport. Realty major Whiteland Corporation has signed an agreement with Marriott International, Inc. to bring […]
Experion Developers Buys Gurugram Plot for Rs 400 Crore
Experion Developers has acquired a 7.81-acre plot at Dwarka Expressway in Gurugram for Rs 400 crore to capitalise on the flourishing market for premium residential properties. It plans to invest an additional Rs 2,000 crore to build 3 million sq ft of luxury homes in the new land parcel. The wholly owned Indian subsidiary of […]
New Gurugram Witnesses 53% Increase in Luxury Property Prices, Rates in Noida’s Sector 150 Up by 43% Y-O-Y
Prices of premium properties in New Gurugram increase by almost 53% y-o-y; rates in Noida’s Sector 150 up by 43%: Savills India report. Property prices of premium projects in New Gurugram were up by 53% followed by Noida’s Sector 150 at 43%. North Goa also witnessed a 28% increase in property prices of villas, a […]
Gurugram, Dwarka Lead Premium Property Boom With Upto 53% Price Rise
New Gurugram and Dwarka Expressway have emerged as the top performing micro real estate markets in the country with an annual growth of 53 per cent and 34% respectively, in average capital values of under construction properties in the last one year, as per an analysis by Savills India, a global consulting firm. The second […]
Under-Construction Property Prices Rise in Gurugram, Delhi and Noida
Prices for under-construction properties are surging, outpacing even ready-to-move-in options in some key cities. A Magicbricks Propindex report reveals a significant 15.2% jump in under-construction property prices across 13 major Indian cities during the June quarter (April-June 2024). This trend coincides with an 11.7% increase in the supply of such properties, marking the fastest growth […]
Godrej Properties Acquires TDR Certificates for Gurugram Development
Godrej Properties has purchased Transfer of Development Rights (TDR) certificates worth Rs 500 million from an individual for its Sector 43 project in Gurgaon, a practice commonly seen in Mumbai but now emerging in the NCR region. This acquisition will enable the company to construct an additional 300,000 sq ft of area, with a total […]
M3M Leases 220,000 Sq Ft to Flexible Workspace Provider Incuspaze in Gurugram
Flexible workspace provider Incuspaze has leased 220,000 sq ft in Gurgaon’s with M3M Urbana project on the Golf Course Extension Road, people aware of the deal said. The transaction is followed by 600,000 sq ft company leased last quarter across three cities and flexible space operator continue to expand on the back of growing demand. […]
Ganga Realty to Invest Rs 1,200 Crore in Developing Luxury Housing Project in Gurgaon
Gurgaon-based real estate developer Ganga realty will invest Rs 1,200 crore in developing a luxury residential project spread across 5-acre land in Gurgaon’s sector 85. The company will fund the construction through internal actual and customer advances and is expecting to generate Rs 2,000 crore revenue from the project. The project will comprise the tallest […]
Haryana Allows Construction of Stilt-plus-4 Floors but With Riders
In cases where such constructions have been done without approval, violators can pay penalty 10 times the rate prescribed for the same. The Haryana government, after a 16-month ban, has decided to allow construction of stilt-plus-four floor constructions in residential sectors where the layout plan for building four dwelling units per plot or accommodating density […]