DLF to Develop Luxury Independent Floors in Gurgaon, Targets Rs 1700 Crore Sale
Realty developer DLF will develop 850,000 sq ft of low rise independent floors at DLF5, Gurugram, with the total revenue potential of Rs 1700 crore, Aakash Ohri, Group Executive Director and Chief Business Officer, DLF Ltd told ET. The company has focused a lot on low rise developments and have sold floors worth Rs 3,000 […]
Luxury Real estate Segment Gaining Popularity
Surging interest in luxury housing has been one of the most remarkable developments in the post-pandemic world. From the need for a larger home and making most of life to a favourable rupee dollar ratio leading to an increase in investments by the NRIs and startup founders looking to save on capital gains tax, the […]
Malls and High Streets, Two To Exist Together to Fulfill Consumer Needs
Post-pandemic India has witnessed many shifts. But more than anything it had led to a debate, both on the immediate aftereffects and the long-term impact on the retail industry. As things return to normalcy, consumer behavior in most cases has proved the doomsayer wrong. “If we look at the global trends in any city, malls […]
M3M Launches 4.87 Lakh sq ft Retail Project in Gurugram with a Topline of Rs 1000 Cr
Gurugram-based M3M India has launched another high-end retail project – ‘M3M Route65’ — in Gurugram, next to the Worldmark in Sector 65. Spread across 4 acres, with total saleable space of 4.87 lakh square feet, the company is expecting a topline of Rs 1000 crore from this project. Commenting on the launch, Pankaj Bansal, Director, […]
M3M to Invest Rs 130 Crore to Develop Retail Project in Gurgaon
Realty developer M3M will invest Rs 130 crore to develop 4.87 lakh square feet of retail area in Gurugram. The company expects Rs 1,000 revenue from the project. The project – M3M Route65 in Gurugram, next to the Worldmark in sector 65. Spread across 4 acres. “We are quite aggressive in our retail portfolio and […]
M3M Launches 4.87 Lakh Square Feet Retail Project in Gurugram with a Topline of Rs 1000 Crore
M3M India, one of the fastest growing real-estate developer in India, has launched another high-end retail project – ‘M3M Route65‘ in Gurugram, next to the Worldmark in sector 65. Spread across 4 acres, with total saleable space of 4.87 lakh square feet, the Company is expecting a topline of Rs 1000 crore from this project. […]
JMS Crosswalk Ready for Fit-Outs
Gurugram-based real estate developer JMS Group announced that its latest retail destination JMS Crosswalk located at New Gurugram in Sector 93 is ready for fit-outs. JMS Crosswalk spreads across 2 acres and offers retail shops, office spaces, restaurants, a gymnasium and an entertainment zone. Many food retail outlets have started their fit-outs like Dominos, BTW, Bercos, Chai […]
Rail Overbridge Ready, but You Can’t Use it till Dwarka E-way Work Ends
A rail overbridge, to be ready with its fresh coat of paint by next month, will sit idle for at least until the end of the year. Why? “It leads to nowhere,” officials said. Work on the ROB over the Delhi-Rewari line near Basai village is part of the revamp project between the Umang Bhardwaj […]
Why Commercial Realty in Gurugram may be a Lucrative bet for New-Age Investors
Delhi-NCR is quickly emerging as India’s real estate hotspot, spurred by rapidly expanding start-ups and multinational corporations. Because of the positive trend, leasing activity is picking up in the region’s commercial real estate market. Besides, the retail sector in Delhi NCR experienced a strong recovery in Q2 2022, according to a report by Cushman & […]
Covid a Boon in Disguise for Realty Sector, says Pushpender Singh, MD, JMS Group
Real Estate sector has gone through consecutive crests and troughs in the past 2-3 years in the form of Covid pandemic, the Ukraine-Russia war, increase in the prices of raw materials, Repo rates moving northwards and more. All these factors have directly or indirectly become a challenge for the sector. However, despite these reasons, the […]