DLF to Develop Rs 25,000 Crore Luxury Housing Project in Gurugram
DLF Ltd, a leading real estate developer, has announced plans to develop a super luxury housing project on Golf Course Road in Gurugram. The project, spanning over 17 acres in DLF Phase-5, is expected to comprise more than 400 apartments, with an estimated revenue potential of around Rs 25,000 crore. Aakash Ohri, Joint Managing Director […]
DLF Aims 15% Growth in Sales Bookings at ₹17,000 Crore This Fiscal
DLF plans to launch luxury housing projects at DLF phase-5 in Gurugram, Goa and Mumbai during this financial year. Realty major DLF has set a 15% growth target in sales bookings this fiscal at ₹17,000 crore as it plans to launch many luxury housing projects across Gurugram, Goa and Mumbai amid strong consumer demand, its […]
The Changing Face of Luxury Housing in Gurugram
Gurugram continues to cater to super luxury developments propelled by its strategic location near the Capital, coupled with its modern infrastructure and accessibility to major corporate hubs. Gurugram, long recognized as a cornerstone of the National Capital Region’s real estate sector, continues to redefine luxury living, evolving rapidly to meet the heightened expectations of affluent […]
M3M India Set to Lease 1.5 mn Sqft of Commercial Space in Fy’25
The commercial real estate market in India is projected to reach USD 106.05 billion by 2029 from USD 40 billion in 2024, with a compound annual growth rate (CAGR) of 21.10% during the forecast period (2024- 2029), according to a report by Mordor Intelligence. The influx of global companies into India and growing domestic demand […]
Global City Project in Gurugram Gets Environment Clearance from MoEF
The HSIIDC’s Global City is coming up in Gurugram sectors 36B, 37A and 37B near recently opened Dwarka Expressway. The Global City will spread across around 1000 acres and will have residential zones, industrial clusters, commercial zones. The Ministry of Environment, Forest and Climate Change has provided environment clearance to the Haryana government’s ambitious Global […]
Dlf Sells All 795 Flats for Rs 5.6k Cr in Gurugram Within 3 Days of Launch
India’s largest realty firm DLF has sold all 795 apartments for Rs 5,590 crore within three days of the launch of its new luxury housing project in Gurugram, driven by strong demand from consumers including NRIs. In a regulatory filing on Thursday, the company informed about the successful launch of its latest luxury residential project […]
American Express to Open One-million Sq Feet Campus in Gurugram
Global payments company American Express on Wednesday announced it will open its nearly one-million square feet campus in Gurugram, Haryana. The company has additional facilities in Gurugram as well as in Delhi, Mumbai, Bengaluru, Chennai, and Pune. Its employees will begin moving to the new facility, located in sector 74A Gurugram, in phases, starting from […]
SBI Invested Rs 714 Crore in TCG’s Gurugram Project
The State Bank of India has invested Rs 714 crore in New York headquartered TCG Urban Infrastructure, who is developing world trade centre in Gurugram with one million sq ft of leasable space. The total cost of the project is expected to be Rs 1,211 crore of which Rs 497 crore has been invested by […]
Max Estates to Develop 4 Million Sq Ft in Gurgaon, Targets Rs 9,000 Crore Revenue
Max Estates, the real estate arm of the Max Group, has entered into a joint development agreement for development on 18.23 acre land in Gurgaon with potential revenue of Rs 9,000 crore. This land parcel is contiguous to its existing 11.80 acres of land on Dwarka Expressway in sector 36 A, Gurugram on which Max […]
Rental Yields From Housing Assets in Gurugram Up 4.1%, Says Report
Rental yields in housing properties located at Gurugram and Noida have improved over the last few years and stood at 4.1 per cent and 3.7 per cent, respectively, during the latest March quarter, according to Anarock. Rental yield is the annual return on investment (ROI) investors earn from capital invested in a property. Real estate […]