Gurugram-based Elan Group has raised $60 million (Approximately Rs 475 crore) from global alternative investment firm PAG, months after raising over $50 million (about Rs 425 crore) from PAG. The investment will be used towards growth capital to endorse existing debt and to scale up construction of “The Presidential“, the newly launched premium residential project […]
Developers hoped this to be the last of rate hikes as any further hike in rates will start hurting the home buying sentiment and housing sales may get impacted. The Reserve Bank of India hiked the repo rate again in its MPC meet on Wednesday. However, this time the apex bank has been extremely judicious […]
Golf Course Extension Road is one of the prominent micro markets in Gurugram, bolstered by location advantage, wide accessibility, good connectivity and robust infrastructure. Known for its premium and luxury townships, the Golf Course Extension Road is a sprawling road that has been a magnet for buyers and developers alike. It connects Gurgaon-Faridabad Road with […]
As per ANAROCK Research, the millennium city saw its housing sales jump up three-fold in the January to September period in 2022 against the corresponding period last year. With the demand for residential property growing exponentially in Gurugram, the city is fast emerging as a nexus for prime residential projects. As per ANAROCK Research, the […]
Gurgaon-based Elan group will invest Rs 4,000 crore in developing 8 million sq ft of luxury residential space on Dwarka Expressway, on the 40-acre land parcel it had acquired from Indiabulls Real Estate for Rs 580 crore in January this year. It is a fully licensed 40 acre land, out of that 30 acre are […]
The city is poised to see the expansion of its metro network after a long hiatus, likely from the first half of 2023 when work on a 28.8km corridor that originates from the Yellow Line at Huda City Centre and loops back to Cyber City after cutting through a large section of the old city […]
Realty firm M3M India has bagged a 13-acre land parcel in Noida through e-auctions and plans to invest around Rs 2,400 crore to develop a mixed-use project, its director Pankaj Bansal said on Wednesday. M3M India, which has a major presence in Gurugram, will be foraying into Noida property market through this project. “We have […]
Dwarka Expressway dramatically increased the demand for real estate projects in the vicinity soon after the construction was announced. There has been ample development of projects from every sector, including residential and commercial properties like independent floors, high-rise buildings, shopping arcades, malls, healthcare and education facilities and a lot more, attracting significant buyers to the […]
The 100,000 sq ft project in Gurugram is spread over three floors, with units ranging from 500 sq ft to 12,000 sq ft Smartworld Developers launched its 100,000 sq ft premium high street retail project, ‘Smartworld Orchard Street’ located in Gurugram. The company is expecting a top line of Rs 250 crore from this project. […]
Witnessing a significant housing market trend reversal, cities in Delhi’s surroundings, including Gurugram and Faridabad, are seeing significant traction for independent floors post the pandemic. According to a JLL report, as many as 74% of total units released in Gurugram were independent floor units responding to demand from higher-end clients during the last year. Recently, […]