According to Knight Frank India, an international property consultant stated in a report that upcoming year may prove to be fruitful for the pandemic –industry both for commercial and residential sector. As per the ‘2022 Outlook Report’, residential sector is expected to witness 5 % rise in demand. Furthermore, it said, “With physical offices here […]
GMDA Officials after attending meeting with CM Manohar Lal Khattar stated that the entire Southern Peripheral Road from Faridabad to NH-8 is going to be revamped in upcoming months. As per the reports, earlier only Golf Course the Golf Course Extension Road stretch of the SPR was supposed to be revamped. At the meeting of […]
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, […]
Realty developer M3M plans to reduce debt by nearly Rs 500 crore by the end of FY 2022, Pankaj Bansal, Director, M3M India said. The company has repaid loan of Rs 418 crore in Q4 FY 2020-21 ahead of its target of Rs 400 crore and is confident of clearing the balance liabilities by March […]