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Chintels India Hands Over Two Land Parcels Valued at Rs 121.82 Crore near Dwarka Expressway to Sobha Group

Chintels India Hands Over Two Land Parcels Valued at Rs 121.82 Crore near Dwarka Expressway to Sobha Group

Gurugram-based real estate developer Chintels India has also transferred the ownership of two land parcels valued at rs 121.82 crore, a cumulative area of 7.85 acres to listed real estate developer, Sobha Ltd in Gurugram. Both the developers said these plots were part of their joint venture project “International City”. According to the documents, one […]

DLF Acquires Office Space in Gurgaon for Rs 81 Crore

DLF Acquires Office Space in Gurgaon for Rs 81 Crore

DLF Building and Services Private Ltd, a promoter group entity has bought about 31,254 square feet of premium office space at Horizon Centre on Golf Course Road in Gurugram for Rs 81 crore as per showed documents accessed through FloorTap.com, which is also a marketplace for commercial properties.  The building is also the costliest office […]

Southern Peripheral Road: An emerging real estate hotspot in Gurugram

Southern Peripheral Road: An emerging real estate hotspot in Gurugram

Southern Peripheral Road (SPR) stands as one of Gurgaon’s real estate hotspots, spanning from Gurgaon-Faridabad Road which is also near Sector 58 to its connection with NH-48 near Sector 74A, intersecting Sohna Road at Badshahpur Chowk. This has also evolved a corridor in South Gurgaon that amalgamates several developed and developing sectors catering to residential, […]

Dwarka Expressway Set for December Launch, Confirms Nitin Gadkari

Dwarka Expressway Set for December Launch, Confirms Nitin Gadkari

The most-anticipated Dwarka Expressway is going to set a grand debut, with Union Minister for Highways and Road Transport, Nitin Gadkari confirming that it’s projected fully operational by the end of December this year.  This project is called India’s first access-controlled eight-lane expressway and is all set to bring seamless connectivity between Mahipalpur in Delhi […]

How Dwarka Expressway Is The The Next Commercial Hub For Investors

How Dwarka Expressway Is The The Next Commercial Hub For Investors

The Dwarka Expressway in Gurugram is also known as the Northern Peripheral Road (NPR). This has emerged as one of the top property hubs in the National Capital Region. This expressway connects Dwarka in Delhi to NH-8 near Manesar in Haryana, the 27-km-long, eight-lane expressway is a significant infrastructure project that reduces traffic congestion on […]

Axon Developers Joins Hands with Manish Buildwell to Co-develop a Commercial Project in Sec-91, Gurgaon

Axon Developers Joins Hands with Manish Buildwell to Co-develop a Commercial Project in Sec-91, Gurgaon

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 […]

Commercial Real Estate Sector optimistic for a Quick Recovery

Commercial Real Estate Sector optimistic for a Quick Recovery

The gradual opening of cities boosted by the infection rates going down and the mass inoculation drives further gives hope to the office space market for the quick rebound post the second wave of COVID-19. With emerging trends shaping up and increased demand for office spaces, commercial real estate developers are batting for a quick […]

RBI announces relief measures for real estate sector, developers hail move

RBI announces relief measures for real estate sector, developers hail move

The Reserve Bank of India’s (RBI) monetary policy meet on Thursday offered major policy measures to support the slowing real estate sector, drawing applause from sector players. To boost growth and lift sentiment, the RBI has eased the cash reserve ratio (CRR) requirement of commercial banks for sectors with multiplier-effect, including the residential housing segment. […]

Why Private Equity Still Votes for Commercial Real Estate?

Why Private Equity Still Votes for Commercial Real Estate?

Commercial segment saw a total PE inflow of nearly USD 2.8 bn in 2018, up from USD 2.20 bn in 2017 If the prolonged slowdown in the residential was not bad enough to begin with, major policy overhauls over the last five years – Demo, RERA, GST, amendments in the Benami Transactions Act etc. – […]

REITS a New Fuel for Commercial Real Estate

REITS a New Fuel for Commercial Real Estate

Commercial real estate in India has a new hope on the horizon after seeing the success of it first real estate investment trust (REIT). The Embassy Office Parks REIT, a joint venture between the Bangalore-based property developer and private equity firm Blackstone was oversubscribed and successfully raised Rs 4,750 crore from the primary market last […]


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