M3M India, one of the largest realty developers has recently acquired two land parcels worth Rs. 670 crore in the prime areas of Gurgaon. These land parcels were acquired through the auction held by Haryana Shahari Vikas Pradhikaran (HSVP). Out of the two plots, one is along the golf course road measuring 3 acres which […]
TARC Limited which is a listed real estate developer has successfully raised a capital of Rs. 1330 crore from US-based Bain Capital. These funds are secured in the form of long term NCD’s (Non-convertible debentures). TARC has grabbed this transaction which is considered to be one of the largest funds raised aimed for the growth […]
Indian real Estate is going to experience a hike of 12% this year due to return of NRI investments in the realty market. Last year, the Indian realty market’s investment amounted around $13.1 billion and this year, according to the research reports by a property consultancy organization, it is expected grow by 12%. Real Estate […]
M3M India, a company that has footprint of delivering nearly 3.9 million square feet of retail space in Gurugram, has announced the launch of its new project ‘M3M Atrium57‘, comprising 2 lakh square feet, in Sushant Lok, Sector 57, Gurugram. Being located in a densely populated area, M3M Atrium57 is a high street retail project […]
Haryana’s top cities Gurugram and Faridabad are seeing a major housing market trend reversal, with independent floors gaining traction post the pandemic. Independent floors are experiencing a boom in demand across the country, and Haryana is no exception. According to a recent report by property consultant Anarock, Haryana’s top cities Gurugram and Faridabad are seeing […]
Realty developer M3M has bought a 30-acre plot from IREO group in Gurgaon by taking over a Rs 350 crore debt it owed to L&T Finance. The IREO group is currently being probed for money laundering by the Enforcement Directorate. “Under the Deen Dayal Jan Awas Yojana, we will invest another Rs 1,000 crore to create 2,000 independent […]
Proximity to industrial and professional hubs, connectivity to Kundli-Manesar-Palwal expressway and Delhi-Mumbai expressway, planned infrastructural upgrades, and accessibility to education and health establishments have made Sohna synonymous to its name which means gold. The town derived its name from gold dust (sona), which was found in the beds of neighbouring streams after heavy rains. The […]
Axon Developers has joined hands with Manish Buildwell to co-develop a commercial project in Sector 91, Gurgaon. The project named Manish Gallexie 91 is spread across a sprawling 3.75 acres. The total saleable area will be roughly 3.5 lakh square feet. The multifaceted retail project will have a host of high street retail shops, multi-cuisine […]
The builders’ body demanded that the government should take measures to control prices of raw materials and suggested reduction in GST for the purpose. Real estate builders’ body, Confederation of Real Estate Developers’ Association of India (CREDAI), has expressed concern over the sustained increase in price of raw materials including cement and steel and said […]
Realty developer Smartworld will invest Rs 1200 crore in developing the two residential projects in Gurugram and targets Rs 5000 crore sale by March 2022. Smartworld Gems and Smartworld Orchard, two low-rise project by Smartworld Developers have clocked combined sales worth Rs 2,000 crore within two weeks of the launch. Located at Gurugram’s Sector 61, […]