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Real Estate Developer M3M Repaid Rs 418 crore debt in Q4

Real Estate Developer M3M Repaid Rs 418 crore debt in Q4

Real estate developer M3M has repaid Rs 418 crore in Q4 of FY 2020 – 2021 against the target of Rs 200 crore, its director Pankaj Bansal has said. Till December 2020, the company had cleared debt of Rs 500 crore and planned to clear the balance liabilities by March 2022. The company, which has […]

New Gurgaon to emerge as NCR’s most preferred realty destination in 2021

New Gurgaon to emerge as NCR’s most preferred realty destination in 2021

Gurgaon for its futuristic charm and elements of being a global city has always remained a preferred real estate destination in the NCR. The millennial city has attracted business giants, ex-pats, industry leaders and entrepreneurs due to the presence of international business centres, global IT clusters, industrial knots and skyline dotted with premium residential spaces. […]

New Gurgaon: The new growth corridor of National Capital Region

New Gurgaon: The new growth corridor of National Capital Region

New Gurgaon is characterized by a cosmopolitan population, state-of-the-art office spaces, integrated retail and entertainment spaces. Dotted by towering skyscrapers, plush malls, tech-enabled office spaces, top-notch entertainment and recreation options, Gurgaon has rightfully earned the distinction of the Millennium City. Over the years, it has emerged as the new business capital and the hub for […]

Gurugram Hikes Circle Rate at Posh Localities by upto 90%

Gurugram Hikes Circle Rate at Posh Localities by upto 90%

Gurgaon administration has decided to increase the circle rate by upto 90% at some of the posh localities of the city, at a time when the real estate sector is still recovering from the setback by COVID19. Circle rates at DLF’s Camellias, Magnolias and Aralias, which houses one of the costliest condominium in the country, […]

HARERA: Can’t auction project before adjusting allottees’ dues

HARERA: Can’t auction project before adjusting allottees’ dues

Pronouncing a landmark judgment, Haryana Real Estate Regulatory Authority (HARERA), Gurugram, has mandated that no bank or financing agency would auction or sell a loan-defaulting project to recover damages before adjustment of allottees’ dues. Chairman, HARERA Gurugram Dr KK Khandelwal said that there has been a big increase in complaints in the state where a […]

Delhi-Mumbai Expressway will be ready by 2022: 12 hours from Delhi to Mumbai

Delhi-Mumbai Expressway will be ready by 2022: 12 hours from Delhi to Mumbai

Delhi-Mumbai Expressway: With record construction rates of up to 40km a day, the Road Transport and Highways Minister Nitin Gadkari has assured that the 1,200km expressway would be ready by 2022 rather than 2024. Reassuring the industry of the government’s support, the Road Transport and Highways Minister Nitin Gadkari today said that infrastructure will play […]