Dwarka Expressway Stretch in Gurugram Likely to be Launched in December
With the December deadline fast approaching, the National Highways Authority of India (NHAI) has stepped up efforts to finish work on the Gurugram portion of the Dwarka Expressway in time to launch the 19km-stretch this year. A scaled up workforce is on the job round-the-clock, officials said on Tuesday, adding that they have also deployed […]
MKS Ventures to Develop Rs 200-Cr DDJAY Plotted Development Project in South Gurugram
MKS County is the group’s first residential plots for living and is connected to Gurugram-Sohna Highway. New Delhi-based MKS Ventures has announced the launch of MKS County, the group’s first residential plots for living, located in Sector-2, Sohna, South Gurugram, and plans to spend around Rs 200 crore on its development. The three-side open land […]
MKS Ventures Invests Rs 200 Crore in the Group’s First Residential Plots in Sohna, South Gurugram
NCR based real estate developer MKS Ventures will invest Rs 200 crore in developing group’s first residential plots in Sector-2, Sohna, South Gurugram. Three side open land parcel is spread across a total of 12.125 acres, and has been constructed under the DDJAY scheme. Located in a prime real estate corridor, MKS County residential plot […]
Dwarka Expressway: Fast Emerging as NCR’s Most Sought-After Micro Market
From being the hotspot of Gurugram’s realty market till 2012 to being one of the most sluggish and uncertain markets, with a plethora of projects with dwindling fortunes till about a couple of years back, Dwarka Expressway has witnessed it all. On the one hand, the prime driver of the micro market, the Northern Peripheral […]
TARC Reports 161% YoY Growth in Consolidated Revenue
Delhi-based real estate developer TARC Limited has reported consolidated revenue growth of 161% YoY and 68% QoQ at Rs 71.27 crore in the Q1 of the current financial year FY2022-23. The company has recently raised Rs 1,330 crore from Bain Capital by way of NCD and finalized the financial path for the company’s future growth. […]
Elan Group buys 7.65 Acre Land in Gurugram from Ambience Group for over Rs 200 Crore
Realty firm Elan Group has acquired 7.65-acre land from Ambience group in Gurugram for over Rs 200 crore to develop a commercial project as part of its expansion plan, according to sources. The company will develop about one million square feet area on this land parcel — located at Sector 82 in Gurugram — comprising […]
Here is Why Commercial Real Estate will Remain a Preferred Choice for Investors
Despite suffering setbacks during the covid-induced pandemic for the last two years, the commercial real estate industry looks positive now. The commercial real estate market is performing exceptionally well amidst the reopening of offices and the economy moving ahead. Real estate industry experts believe that commercial properties are safe assets and they can be a […]
Oberoi Realty in Talks to Acquire 50-Acre Land in Gurgaon
Mumbai-headquartered Oberoi Realty is set to enter the market in the National Capital Region, and is in the final stages of acquiring a 50-acre land parcel at Gurgaon’s Golf Course Road Extension, three people aware of the deal said. They didn’t disclose the financial terms. Experts put the value of the land at more than […]
DLF Mulls Auction bid for Ambience Mall with Base Price of $366 Million: Sources
India’s biggest real estate developer DLF is evaluating a bid for a prominent New Delhi shopping mall which has a starting auction price of $366 million, according to two sources and a public notice seen by Reuters. The 1.2 million square feet “Ambience Mall” in the posh southern district of India’s capital has been put […]
Cargill Leases 235,000 Sq ft in Gurugram and Bengaluru
The company has taken 35,000 sq ft at AIPL Business Club in Sector 62, Gurugram and 200,000 sq ft at Cessna Business Park, Outer Ring Road, Bengaluru. Cargill first started its India operations in 1987 with a small liaison office and now has pan-India presence with businesses spanning refined oils, food ingredients, industrial specialities, grain […]