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Oberoi Realty Strategically Acquires 14.8 Acres in Gurugram For 597 Crores

Oberoi Realty Strategically Acquires 14.8 Acres in Gurugram For 597 Crores

Oberoi Realty has inked a pivotal agreement with Ireo Residences and other stakeholders, bringing a substantial 14.81-acre parcel in Gurugram’s sector 58. The regulatory filing revealed the transaction’s total value at an impressive rs 597 crore, signaling Oberoi Realty’s strategic expansion in the National Capital Region (NCR). Mumbai-based real estate developer Oberoi Realty has inked […]

Godrej Properties plans to divest 14 acres of land in Gurugram

Godrej Properties plans to divest 14 acres of land in Gurugram

Godrej Properties is in advanced talks with Hero Realty to sell a 14-acre land parcel in Gurugram, which is valued at approximately Rs 730 crore. The Mumbai-based real estate company brought the land in sector 89 around two years ago from a local land-aggregating company.  The sale of the land is surprising and it was […]

Haryana Permits Registration of Independent Floors as Commercial Units in Licensed Colonies

Haryana Permits Registration of Independent Floors as Commercial Units in Licensed Colonies

Residents of Haryana are now allowed to register independent floors in properties. These properties are located in licensed colonies as commercial units, widening the scope of a provision that currently exists only for residential units.  The Haryana Development and Regulation of Urban Areas (Second Amendment) Bill, 2023 which says section 3-C of the act will […]

Real estate developers offering flexible revenue share to retailers at malls and high-streets

Real estate developers offering flexible revenue share to retailers at malls and high-streets

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 […]


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