The joint venture between Hines, the international real estate firm and DLF, the largest publicly listed real estate developer in India, has secured a construction loan of Rs 2,600 crore from HDFC Ltd. Hines and DLF had formed a JV in March last year to develop an office project in Gurugram Phase-V, Udyog Vihar. “Having […]
78% of tenants seek for legal safeguards in rent agreements When people are trying to co-live with the pandemic virus, owning a home is becoming a necessity for safety, according to the survey Two out of every third home buyer is now back in the real estate market, reveals consumer sentiment surveys conducted by 99acres. […]
Oaktree Capital Management, a US alternative investment firm, has bought Rs 570 crore of debentures from M3M, a real estate company that’s developing projects in the National Capital Region, including the Trump Tower in Gurgaon. This is Oaktree’s first investment in real estate in the NCR. “The investment will be in the form of non-convertible […]
Delivery of projects during the prevailing challenges sends out a positive signal and helps regain homebuyers’ trust given that the government had extended the delivery timelines by at least six months for developers. Even as the woes of real estate intensified during the lockdown imposed across the country in view of the Covid-19 pandemic, and […]
Leading real estate developer from Gurgaon, the M3M Group says it has delivered two projects worth Rs 900 crore. These are M3M Urbana Retail, and M3M One Key Resiments in sector 67, Gurugram M3M Group said on July 8, 2020 that it has delivered two of its projects, M3M Urbana Retail, and M3M One Key […]
Leading developers in NCR are getting increasing queries from homebuyers for studio and serviced apartments during the Covid-19 crisis as they look for cheaper houses that are close to their workplace. According to developers, a lot of buyers are ready to spend Rs 50 lakh to one crore for a studio apartment in and around […]
Industry experts feel that this is the right time to buy a house because buyers are likely to get better deals and prices may go up in the near future. The COVID-19 crisis has dealt a major blow to the real estate sector. The home buying cycle has been massively impacted, and transactions continue to […]
Delhi-Mumbai Expressway: Construction has started on a 497-km stretch of the 1,261-km project, which is expected to be complete by 2023-24 and would cut travel time between the two cities by 11 hours, Delhi-Mumbai Expressway: Steady progress is being made on the Rs 1-trillion Delhi-Mumbai Expressway project (1,261 km), with work having started on a […]
Stable property prices, interest rate hovering around 15-year low, and ample ready-to-move-in property or near-completion projects being available in the market are some of the reasons which ideally make it one of the best times to invest in a piece of property. Property prices remaining stable, interest rate hovering around 15-year low, and ample ready-to-move-in […]