Realty firm Elan Group on Wednesday said it will invest Rs 4,000 crore to develop its housing project on Dwarka Expressway in Gurugram. In January, the group bought 40 acres of land in Gurugram from Indiabulls Real Estate Ltd (IBREL) for Rs 580 crore for the development of housing and commercial projects on the Dwarka […]
India’s increasing reputation as the fastest-growing major economy and reduction in the severity of the Covid-19 pandemic have put the focus back on real estate as an evergreen asset class for investment. This is reflected in the growing demand for residential as well as commercial properties from buyers and investors. The trend is more noticeable […]
The Dwarka Expressway, also known as the Northern Peripheral Road, will be operational in 2023 and will ease traffic congestion on Delhi-Gurugram Expressway, Union minister Nitin Gadkari said on Monday. Taking to Twitter, Gadkari said Dwarka Expressway, which is being developed as the first elevated urban expressway in India, will reduce pressure on Delhi-Gurugram Expressway […]
Of a total 1,205 acres acquired for residential development in the top seven metro cities over the past one year, NCR currently stands second with a 12% share (approx 150 acres). Moreover, across these seven cities, Gurugram tops in land transactions for other development projects — logistics, and industrial park and township, according to the […]
Smartworld Developers is eyeing sales worth Rs 5,000 crore by March 2022 from these projects, of which it claims Rs 2,000 crore has been already achieved. Smartworld Developers will invest Rs 1,200 crore in developing two residential projects-Smartworld Gems and Smartworld Orchard in Gurugram. The company is eyeing sales worth Rs 5,000 crore by March […]
Real estate developers have launched 4,500 independent floors during the January-September 2021 period in Gurugram and Faridabad, about 40 per cent of the new housing supply in these two cities, to meet rise in demand of such properties during the COVID-19 pandemic, according to property consultant Anarock. Over 20,000 independent floor flats are expected to […]
