Elan Group Welcomes Prominent Brands House of Believe & Costa Coffee to Elevate Gurgaon’s Retail Landscape
Elan Group, a prominent real estate developer known for its exceptional retail and commercial projects proudly announces the addition of two prominent brands, House of Believe (HOB) and Costa Coffee at Elan Town Centre, Gurugram. The young and dynamic House of Believe (HOB) has opened its doors, offering affordable fashion choices for GenZ and Millennials. […]
Godrej Properties to invest Rs 155 cr to repair housing project in Gurugram; offers to buy-back flats
Realty firm Godrej Properties on Wednesday said its board has approved Rs 155 crore for repair work in its completed housing project ‘Godrej Summit’ at Gurugram, in Haryana after chloride was found in concretes used in the buildings. Godrej Properties also announced an offer to buy-back flats or provide rentals to all the unit holders […]
Royal Green Realty launches SCO project in Gurugram, to invest Rs 60 cr
NCR-based Royal Green Realty has launched its Shop-cum-Office (SCO) project ‘Courtyard 37D’ in Gurugram’s one of the most promising sectors, Sector 37D. Sprawling over 3.63 acres, the project offers exclusive built-up plots. The project, with its expansive range of plot sizes and allowance for development up to 4 floors with a basement, offers good scale, […]
Experion invests Rs 200 crore in Vatika housing project
Experion Capital, Singapore-based AT Capital’s real estate- and infrastructure-focused non-banking financial company, has made its debut investment in India by providing Rs 200 crore as project finance for Vatika Group’s luxury residential project in Gurgaon, three people aware of the development said. The investment includes a term loan that aids in partial refinance and the […]
Return of equity capital in residential real estate
The Indian residential real estate sector has experienced a significant revival post-pandemic. Renewed interest from homebuyers has not only raised the confidence of builders to plan new projects but also garnered positive responses from investors. As the Indian economy demonstrates resilience and continues to improve, investors are reconsidering the potential of the promising residential segment […]
2-layer elevated road will unclog Delhi-Manesar stretch: Minister
The plan to build a two-layer elevated road over NH-8 from Dhaula Kuan to Manesar is gaining pace, with the National Highways Authority of India (NHAI) expected to appoint a consultant for the project within the next two months. The elevated road, meant for only light vehicles, is expected to reduce traffic congestion between Delhi […]
Gurugram: RITES Chosen As Consultant For Vatika Chowk-Pachgaon Metro Link, To Prepare DPR For 30-Km Corridor
During the meeting, Kaushal apprised board members that RITES has been appointed the consultant for extending the Metro line from Vatika Chowk to Pachgaon and it will be responsible for preparing the DPR. He also said the length of this corridor will be 30km. Haryana chief secretary and Haryana Mass Rapid Transport Corporation (HMRTC) chairman […]
Urban Planning: Centre’s Rs 15,000-Crore Incentives Will Boost Realty Sector, Say Industry Players
With the central government last week announcing a financial incentive of Rs 15,000 crore for states and Union Territories (UTs) for proper planning and management of urban areas in the current financial year 2023-24, it will play a pivotal role in transforming urban development and providing a substantial boost to the realty sector in the […]
Luxury housing sales across top 7 cities rise by 130% YoY in Jan-June’23
The luxury housing segment in India maintained strong sales momentum, registering a 130% Y-o-Y increase in Jan-Jun’23 period. Total sales of luxury units during Jan-Jun’23 period stood at 6900 compared to 3000 units during the same period last year, according to a CBRE report. Among the leading cities in absolute terms, Delhi-NCR, Mumbai, and Hyderabad […]
Bringing a Paradigm Shift in the Real Estate of Gurugram
The Delhi-Mumbai Expressway, a remarkable feat of engineering spanning an impressive distance of 1350 km, has firmly established itself as India’s most extensive and advanced roadway project. Beyond its ability to dramatically reduce travel time between the financial and national capitals, this extraordinary expressway has the power to revolutionise the real estate sector. By connecting […]