Developers such as DLF, Omaxe and Raheja having land banks in Haryana are planning to go for plotted developments and sell independent floors this year rather than building high-rises. Last year, Haryana had notified a rule under which up to four floors can be constructed on a plot and sold individually, making Gurgaon on the […]
India will emerge as the fastest growing economy among the G20 countries even as Economist Intelligence Unit (EIU) has slashed India’s GDP growth forecast to 2.1 per cent from 6 per cent in the light of the coronavirus pandemic. India’s growth at just 2.1 per cent may be a huge downgrade but given the projected […]
I am sure no one of us had ever witnessed this country lock down situation. When India entered in March 2020, we were set to celebrate the colors of happiness. Ever did we thought that the last week of month will shut us in our homes? At least I did not imagine this. Yes there […]
Those staying on a golf course may have little to do with the game as this type of housing is coveted for many other reasons. Did you know that globally only 15% of the people staying on a golf course, play golf while the rest 85% do not. Yet they are willing to pay a […]
With improving connectivity and infrastructural development, Golf Course Extension Road is going to be the next hub for luxurious residential and commercial projects in Gurugram —AK Tiwary Golf Course Extension Road (GCER) is directly connected to Golf Course Road. This developing stretch has carved a niche for itself in a very short period, as it […]
The retail project to be constructed on a ‘built-to-suit’ format with the total investment of Rs 620 crore Delhi-NCR based Vatika Group has leased approximately 50,000 sq ft to French sporting goods retailer Decathlon for a flagship store in New Gurugram, the company said. Located at the junction of the Dwarka Expressway and National Highway […]
Months after concerns were raised by environmentalists over a proposed road through the Aravali biodiversity park, builder DLF has proposed to connect the national highway with MG Road via an underpass beneath the park. The plan was floated during DLF’s meeting with officials of the Gurugram Metropolitan Development Authority (GMDA) last month. The minutes of […]
Realty firm Godrej Properties sold properties worth Rs 3,532 crore during the April-December 2019 period, up 12 per cent as compared with a year-ago period. According to an investors’ presentation, the company’s sales bookings stood at Rs 3,155 crore during April-December 2018. In terms of volume, Mumbai-based Godrej Properties sold nearly 52 lakh sq ft […]
In a meeting chaired by VS Kundu, CEO, Gurugram Metropolitan Development Authority(GMDA) at the PWD guest house on Friday, the authority asked developers to submit their undertaking for the payment of their contribution towards the upgrade of the Southern Peripheral Road (SPR) by February 29. The authority said that if the developers gave an early […]
US banking giant Goldman Sachs recently invested Rs 610 crore in Vatika Group, of which Rs 245 crore will be used to expedite construction in the first phase of this project. Google will pay a rental of about Rs 115 per sq ft per month for 25 years. Realty developer Vatika Group has leased 700,000 […]
