Real estate developer M3M has acquired a 1.3 acre land parcel for Rs 200 crore in Gurgaon’s sector-25 through e-bidding held by Haryana Shahari Vikas Pradhikaran, said director Pankaj Bansal. It is one of the costliest land acquisitions in terms of price per acre, with the cost of the land similar to that in Lutyens’ […]
M3M Realty will invest Rs. 130 crores in developing 4.87 lakh square feet of retail space in Gurugram. The project is expected to generate Rs. 1,000 in revenue for the company. The ‘M3M Route 65‘ project in Gurugram, next to the Worldmark in Sector 65 will be sprawled over 4 acres. M3M is considered to […]
Southern Peripheral Road (SPR) is expected to be the most important and highlighted residential and commercial hub of Gurugram in the coming future, as it features connectivity link to golf course extension road and NH8 along the Sohna road. Southern Peripheral Road (SPR), a 150-meter-wide road, will directly connect the Golf Course Extension Road and […]
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 […]
Real estate developers are cutting operational costs such as common area maintenance in order to reduce burden on retailers impacts due to the COVID19, according to industry experts. Developers are also renegotiating their leasing arrangements and business models to sustain the momentum. “The negotiations between retailers and investors have improved and increased significantly post-pandemic. At […]
Real estate developer M3M has acquired 73-acre land in Noida at Rs 900 crore in one of many largest all-cash deal in latest occasions, three individuals conscious of the event stated. The land parcel, which is in sector 128 and on the expressway, belonged to Kadam developers, a subsidiary of NCR-based Shipra group, however was […]
The work-from-home (WFH) culture and e-learning traditions during Covid-19 have drastically influenced homebuyer’s preferences and the recent trends show an increased inclination of potential homebuyers towards larger 3BHK spaces even in emerging peripheral localities. According to data accessed by Prop Equity, sales of 3BHK housing units have increased by 19% on a year-on-year basis and […]
Haryana Chief Minister Manohar Lal Khattar is going to launch 3 Covid Centres in Gurgaon probably on Sunday and Monday. The capacity of the Covid Centres is over 500 beds. As per officials, the three Covid Centres are positioned at Sector 67, Tau Devi Lal Stadium, and the Government Girls College in Sector 14. Yash […]
