Godrej Properties to sell 14 acres land in Gurugram
Godrej Properties is in advanced talks with Hero Realty to sell a 14-acre land parcel in Gurugram, valued at approximately Rs 730 crore. The Mumbai-based real estate company bought the land in Sector 89 around two years ago from a local land-aggregating company. “The sale of the land is surprising, as it was purchased less […]
A house for Mr Moneybags: Gurgaon flat sold for Rs 100 crore
The Gurgaon real estate circles are abuzz with a Rs100-crore deal for a 10,000 square feet apartment at The Camellias by DLF in the Millennium City’s Golf Course Road. Just a few months ago, the real estate company was selling a similar sized apartment at Rs60 crore, but per square-foot rates for the exclusive address […]
DLF to invest Rs 1,700 cr for new shopping mall in Gurgaon
Realty major DLF is likely to start construction of its new 25 lakh square feet shopping mall in Gurgaon this quarter at a cost of around Rs 1,700 crore to expand business amid surge in demand for quality real estate space from retailers. At present, DLF has a retail footprint of around 42 lakh square […]
Allcargo group company acquires two land parcels in Gurgaon for Rs 231 crore
TransIndia Real Estate Limited, an Allcargo Group company, has acquired two land parcels for warehousing with a combined value of Rs 231 crore in Gurgaon’s Farukh Nagar, two people aware of the deal said. Both land parcels are located in the Model Economic Township (MET) of Reliance Industries. The first property piece, measuring 56.52 acres, […]
Luxurious floors: The new status symbol in Gurugram
Gurugram has become one of the finest and most sought-after destinations for homebuyers showcasing an inclination to invest in low-rise independent floors which costs from 70 lakhs to 5 crores. As per the JLL Report published two years ago, the share of independent floors had reached a staggering 74% of the total housing units launched […]
MRG Group launches Rs 500-cr ultra-luxury residential project at Dwarka Expressway
The MRG Group has launched its first ultra-luxury residential project at Dwarka Expressway, with an investment of Rs 500 crore. The NCR-based MRG Group has announced the launch of its first ultra-luxury residential project – ‘MRG Crown’ – in Sector 106, Dwarka Expressway, Gurugram, with an investment of Rs 500 crore. Spread across 8.16 acres […]
Land deals rise over 50% in 2023 as developers rush to launch new projects
The boom in residential real estate, as well as the demand for warehousing space, is leading to more demand for land, and this has resulted in land transactions rising over 50 per cent annually this year with the volume of transactions crossing 2,300 acres. There have been 75 land deals for over 2,310 acres in […]
Delhi-NCR Emerges as a Retail Real Estate Powerhouse, Developers Anticipate Prosperity
As India’s retail real estate sector grows vigorously across the country, a recent research report by JLL India has also unveiled promising statistics for the coming years. The report indicates a remarkable retail real estate supply surge across the country’s seven major cities, with developers fueling the expansion post the COVID-19 pandemic. The new supply […]
Tender for Gurugram Global City project awarded, work to start in next 2 months
The Haryana state industrial and infrastructure development corporation (HSIIDC), which is developing the Global City project in the city adjacent to the Dwarka Expressway, recently awarded the tender of ₹940 crore for building the road, electricity, water supply, and other infrastructure for phase one of the project, which will be developed over 570 acres, officials […]
Beyond Skyscrapers: JMS Group’s Role in Reshaping NCR’s Real Estate with Plotted Development
In the heart of Gurugram, the landscape is changing and it’s not just the skyscrapers that are shaping the future of this thriving city. Plotted development is fast becoming the favoured choice for homebuyers and investors alike, offering a canvas of possibilities and the freedom to shape their dreams from the ground up. Leading this […]