Axon Developers acquire 2 stress projects, to invest Rs 350 crore
NEW DELHI: Axon Developers, new age Real Estate development company, has kick-started its operations by acquiring two stress asset projects in Delhi NCR. The company said that it would invest Rs 350 crore for the completion of around 750 units in the two residential projects. The investment will be through internal accrual and sales. The […]
Signature Global launches to invest Rs 700 crore to build new housing project ‘Signature Global City 37D’ in Gurugram
NEW DELHI: NCR-based realty developer Signature Global said that it will invest Rs 700 crore to develop 1296 independent premium floors in 324 plots spread across 20.6 acre under DeenDayal Jan AwasYojana (DDJAY) in Gurgaon. The company is majorly supported by IFC, an arm of World Bank and HDFC CAPITAL. For now, 648 floors are […]
DGGI Gurugram officials arrest man for input tax credit fraud of more than Rs 43 crore
NEW DELHI: The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana, has arrested Ravinder Kumar (aka Ravinder Garg), resident of New Delhi on charges of creating and operating fictitious firms on forged documents which were used in availing of and passing on Input Tax Credit on bogus Invoices without actual receipt and […]
DLF sells nearly 90 independent floors in Gurugram for over Rs 300 crore
NEW DELHI: Realty major DLF Ltd NSE 1.49 % has sold nearly 90 independent floors worth over Rs 300 crore in Gurugram and plans to launch more such projects as demand for premium residential properties has revived in last few months. The company plans to launch independent floors in DLF Phase I-IV at Gurugram, New […]
Gurugram: Accused involved in Rs 400 crore fraud with Citibank held
NEW DELHI: A man involved in a Rs 400 crore fraud case with Citibank in 2010 was arrested by the Gurugram police, officials said on Sunday. The accused was arrested then but he was on bail granted by the court. But later on the accused didn’t appear before the court and was declared a proclaimed […]
Signature Global launches two new IGBC Gold Rated Affordable Housing Projects in Gurugram
NEW DELHI: Gurgaon-based real estate developer Signature Global has launched two new projects- Signature Global Superbia, Sector 95 and The Millennia 3, Sector 37D in Gurgaon under Haryana Affordable Housing Policy. With these two projects, the group has successfully beaten Covid blues by launching a total of 7 new projects this year, taking the total […]
Embassy Industrial Park announces phase II of Bilaspur warehousing project with an investment of Rs 300 crore
NEW DELHI: With the increasing demand for the warehousing projects, Embassy Industrial Park has announced Phase II of their warehousing project at Bilaspur, Gurugram. Spread across 40 acres of land, this project will be built with an investment of Rs 300 crore. The total covered area of the project is estimated to be approximately 1 […]
CBI conducts searches over illegal use of land to raise Ambience Mall in Gurugram
NEW DELHI: The CBI on Monday conducted searches at four locations after filing a case of illegal conversion of residential land to raise the swanky Ambience Mall in Gurgaon, officials said. The CBI has registered an FIR on the orders of Punjab and Haryana High Court which had termed the mall illegal. The High Court […]
Signature Global launches ‘Golf Greens 79’ in Gurugram
NEW DELHI: Signature Global has announced the launch of its 20th Housing Project ‘Golf Greens 79’ in Sector 79, Gurugram. The project is launched under the Haryana Affordable Housing Policy and its cost is Rs 225 crore. Away from the hustle-bustle and set in the foothills of Aravallis, it will have 1 and 3 BHK […]
Signature Global gets permission to start construction work at eight projects in Gurugram, Karnal
NEW DELHI: Government of Haryana has granted permission to Signature Global to resume construction operations at seven projects located in Gurugram — Solera 2 Sector 107, Grand IVA Sector 103, The Roselia Sector 95A, Orchard Avenue & Orchard Avenue 2 Sector 93, The Millennia & The Millenia 2 Sector 37D. Proxima Sector 89, Gurugram and […]
DLF plans to develop 20 million square feet of office space in Gurugram, Chennai
NEW DELHI: Realty major DLF is planning to develop office space of about 20 million square feet in Gurugram and Chennai over the next 6-7 years, a top official said. Speaking to reporters here, DLF CEO Mohit Gujral said that about 11 million sq ft will be in Gurugram, while about 7 million sq ft […]
Tulip Infratech launches new project-Tulip Yellow in Gurugram
NEW DELHI: Gurgaon-based real estate company Tulip Infratech said that it has launched new project-Tulip Yellow. The new project’s site is one of the cream locations of Gurugram, in terms of accessibility. The 26 storied towers will have approximately 630 luxury apartments of 3BHK. The super area of each apartment is 1704 square feet and […]
Infinity Spaces plans to expand in Gurugram, Pune, Bangalore, and Indore
NEW DELHI: Infinity Spaces is planning to take 200000 sq. ft. office area on lease in Gurugram, Pune, Bangalore, and Indore for further expansion. The Noida based start-up has taken space in Noida expressway to set up corporate office spaces which will be providing lockable spaces to the start-up companies. With 12 corporate office spaces […]
Signature Global launches Orchard Avenue 2 in Gurugram with an investment of Rs 175 crore
NEW DELHI: Realty firm Signature Global has announced its 15th affordable residential project Signature Orchard Avenue 2 in Sector 93, Gurugram with an investment of Rs 175 crore. Spreading to an area of 5 acres the project has easy and close connectivity to NH8, Pataudi Road, Dwarka Expressway, KMP Expressway, IGI Airport, IMT Manesar. Expected […]
Signature Global to invest Rs 385 crore on new housing project in Gurugram
NEW DELHI: Realty firm Signature Global will invest Rs 385 crore over the next three years to develop a housing project in Gurugram, Haryana. The national capital-based company has bought 17.35 acre land at Sohna for nearly Rs 100 crore and will construct 864 independent floors in two phases. It will sell these units in […]
Spring House Coworking leases 21,000 Sq. Ft. space at Golf Course Extension Road in Gurugram
NEW DELHI: Spring House Coworking, a chain of collaborative office spaces, leases 21,000 sq. ft. on the Golf Course Extension Road, Gurugram at Good Earth Business Bay to open up its 15th co-working space in North India and 8th in Gurugram. As a part of its expansion spree, Spring House has taken this 21,000 sq. […]