US-based realty firm Hines plans to invest USD 500 million in India to develop new commercial and housing projects as it sees great opportunities for growth despite slowdown in the property market, a top company official said. Hines is a global real estate investment firm with a presence in 219 cities across 23 countries. It […]
The affluent hub of Gurugram –Cyber City has the most ambitious minds of the Nation. And owning a home makes it to the top of their bucket list. Talk about the crème de la crème luxury residences and there’s one name that aces unanimously – DLF. The brand carries a rich legacy and history of […]
The new urban centre is proposed to come up on about 50,000 hectares of 159 villages of Rewari, Gurgaon and Mewat. Back in the saddle, the Haryana government is sketching the blue print of a “Dream City”, an urban settlement flanking Gurugram in the south. Conceived to ease pressures of urbanization on Delhi and Gurugram, […]
Continuing its drive to monetise its commercial properties, particularly in Gurugram, the Haryana Shahari Vikas Pradhikaran (HSVP) is set to auction a set of large plots, with the expectation the sales will yield over ₹700 crore. The authority has been facing a financial crunch for the last few years due to large payments to landowners for […]
Southern Peripheral Road (SPR) in New Gurugram in the Delhi NCR is drawing the attention of end users and investors alike. We give below some salient factors responsible for this trend — Team Times Property Realty players say that Southern Peripheral Road (SPR) has emerged as a posh locality with a mix of residential and […]
The government on Wednesday cleared a fund with an initial corpus of Rs 25,000 crore to revive up to 4.6 lakh housing units in 1,600 projects with “positive net worth”, including those that have been classified by banks as non-performing assets or are facing insolvency resolution action. While announcing the move, which was approved by […]
Gurugram Residents of Gurugram’s new sectors, 79-113, on Wednesday expressed hope that their demand to shift the toll plaza from Kherki Daula may finally be met, after the Punjab and Haryana high court allowed the government to take over 50 acres at Panchgaon for setting up the toll plaza. Residents had been demanding that the […]
Real estate firm DLF Ltd. sold 376 ready-to-move-in flats, 70 percent of total units, in the first week of launch of its new housing project in Gurugram, making the company hopeful of a change in homebuyers’ sentiments. “My industry is pretty happy with what they saw in the last couple of days, and I’m sure […]
Realty major DLF on Sunday said it has sold 376 ready-to-move-in luxury flats worth Rs 700 crore on the first day of the launch of its new housing project in Gurugram, even as the overall property market is facing a demand slowdown. The company has launched the second phase of its luxury residential project DLF […]
As industry expects further growth, a series of project completions, new launches, and pre-commitment from tenants have made the city’s commercial property market premium and unique. There is growth ahead!— Ankit Sharma Gurugram’s commercial real estate market is set to scale new heights. A series of completions and new office project launches have made the […]
