Nirmala Sitharaman, Minister of Finance, recently presented the Union Budget 2024-25 in the Lok Sabha on July 23, 2024. For the seventh consecutive budget, Sitharaman stated that India’s inflation remains low, stable, and moving towards the 4 percent target. Core inflation (non-food, non-fuel) is currently at 3.1 percent. Sitharaman highlighted the budget’s sustained efforts across […]
Flexible workspace Incuspaze has leased 220,000 sq ft of space in Gurgaon’s M3M Urbana project on Golf Course Extension Road, said two people aware of the deal. The transaction follows 600,000 sq ft of space leased by the company in the June quarter in three cities as the flexible space operator continued to expand amid […]
Whiteland Corporation To Invest 5,600 Crore Delhi-NCR-based real estate firm, Whiteland Corporation signed an agreement on July 4th with Marriott International Inc. to bring Weston Residences to Gurugram, investing rs 5600 crore to develop the ultra-luxury project. Delhi NCR saw approximately 2.72 lakh units sold, and MMR also saw sales of Rs 5.50 lakh units; […]
After 16-month bans, it has decided to allow construction of stilt-plus-four floor construction in the residential sector where the layout plan for building four dwelling units per plot or accommodating a density of 18 persons per pilot stands approved. 3 months before the state goes to the pool, the government has also decided to approve […]
Prime Minister Narendra Modi has finally inaugurated the Haryana section of the Dwarka Expressway. With this Dwarka Expressway cluster is expected to see more holistic development of real estate on the back of the operational expressway. The inauguration of Dwarka Expressway by PM Modi will act as a harbinger of real estate development and economic […]
Gurugram-based real estate developer Chintels India has also transferred the ownership of two land parcels valued at rs 121.82 crore, a cumulative area of 7.85 acres to listed real estate developer, Sobha Ltd in Gurugram. Both the developers said these plots were part of their joint venture project “International City”. According to the documents, one […]
The property process in Gurugram might see an unpredicted hike as a new collector rate has been proposed by the district administration for the year 2024. The Gurugram administration has also proposed an average hike of around 40% in collector rates in the city from January 2024, taking a step that will lead to a surge in […]
GMDA is planning to redevelop two arterial stretches that together link NH-8 and Dwarka Expressway to streamline traffic flow. Officials said that they have also completed a preliminary study on the two stretches. IFFCO Chowk to Mahavir Chowk (4.8 km) and Old Railway Road to Dwarka Expressway via Basai (6.1 km). The move is going to help […]
GMDA plans to redevelop two arterial stretches linking NH-8 and Dwarka Expressway to streamline traffic flow. The official also said that a complete preliminary study of the two stretches – IFFCO Chowk to Mahavir Chowk (4.8 km) and Old Railway Road to Dwarka Expressway via Basai (6.1 km). The move will help decongest Old Gurgaon, according to […]
HSIIDC seeks clarity on land demarcation in sector 36A, transferring land to build the new bus terminal. The Haryana transport has come with a state-of-the-art interstate bus terminal near Dwarka Expressway, Gurugram’s sector 36A to replace the current one in sector 12, an official aware of the matter said on Tuesday. The Haryana State Industrial and […]