Delhi: Work on Tunnel towards IGI Airport set to Start in Two Months
Motorists who are facing jams at Nelson Mandela Marg while travelling to the T3 airport terminal and Gurgaon from south Delhi will soon get relief as work on the central government’s proposed tunnel will start in two months. South Delhi MP Ramesh Bidhuri said the tunnel, costing about Rs 2,000 crore, from Vasant Kunj Nelson Mandela Marg to Shiv […]
Makeover Begins, Gurgaon’s MG Road Stretch to get a ‘European Look’ by Year-End
Cycling tracks, footpaths, pedestrian crossings every 500 metres, green patches, vending zones, and more – the Rs 11.3-crore makeover plan to give an MG Road stretch a “European look” has been set in motion. Gurugram Metropolitan Development Authority (GMDA) officials said on Thursday that work for streetscaping and beautifying the portion between the Sikanderpur Metro […]
Gurugram’s Residential Realty Market Has Become Increasingly Popular Among Hnis & Millennials: Naveen Kumar
In an exclusive interview, Naveen Kumar of Navraj Group talks about the residential real estate market of Gurugram and shares his business outlook. Being home to Fortune 500 companies and as a global IT hub, Gurugram attracts high-value investors and millennials seeking a futuristic and luxurious lifestyle. The city’s focus on sustainability further adds to […]
Sohna: A Hotspot for Plotted Real Estate Development
Sohna, in recent times, has emerged as a remarkable player in the field of plotted real estate development. Situated in the charming Aravalli Range, this once-quaint town has undergone a remarkable transformation into a vibrant centre of urban growth and economic prosperity. With its strategic location, natural beauty, and strong infrastructure, Sohna has become a […]
Gurugram Metro will boost realty in new sectors, say developers
Developers in the city on Wednesday said the approval to the Gurugram Metro project will help in transforming the city and create more investment and business opportunities. Developers said with Rapid Rail Transport System (RRTS) in the pipeline and Dwarka Expressway almost nearing completion, the move to start constructing a Metro line will give rise […]
Rs 6 Cr to 45 Cr for a Flat: NCR’s Golf Course Road Sees 42% Price Hike
Golf Course Road is a well-developed luxury micro market in Gurgaon which has been in high demand from the HNIs and luxury buyers alike. “The investors are back, and DLF knows how to ace this game,” says 35-year-old Kapil, a property dealer in Gurugram (previously known as Gurgaon). Earlier this year, real estate major DLF […]
Gurugram Real Estate: Metro’s Extension To Push Housing, Commercial Realty At Dwarka Expressway
Even as the Union Cabinet has approved the extension of the Metro link from HUDA City Center To Cyber City in Gurugram, the development is expected to see a push to the real estate market in the region. Real estate players said it holds tremendous potential, particularly for the real estate sector around the Dwarka […]
Panel Report on 4th-Floor Policy Likely by June 30
The expert committee constituted to examine the policy allowing construction of stilt plus four floors is likely to submit its report to the stare government on June 30. A senior official from the department of town and country planning (DTCP) said the report is likely to be submitted by the end of the month. In […]
AIPL leases out More Than 5 lakh sq ft of Grade A Office and Retail Space in Gurugram
AIPL estimates an annual rental income of approximately Rs 50 crore from the project, with an average lease agreement period spanning 9 years. Kuehne+Nagel, Lummus Technology, Milliman, British Airways and Deloitte have each secured over 50,000 sq ft of space. Gurugram-based real estate firm Advance India Projects Ltd (AIPL), which specialises in developing upscale commercial […]
Gurugram’s New Metro may Spur Property Price Increase, Revive Old City
The metro will improve connectivity and lead to opportunities to redevelop property in old Gurugram, experts said. The metro corridor to be built in Gurugram, connecting the new and old sections of the city, is likely to trigger an increase in property prices as demand for housing and commercial space surges, experts said. Rates of […]