DLF plans to launch in February Rs 7500 crore worth premium housing project in Gurugram
NEW DELHI: Realty major DLF Ltd plans to launch a luxury housing project in Gurugram next month with an estimated sales revenue of around Rs 7,500 crore as it seeks to tap strong demand for high-end apartments. The company plans to develop around 1,100 apartments in this residential project, DLF Group Executive Director and Chief […]
M3M enters Noida property market, to invest Rs 2,400 crore in mixed-use project
NEW DELHI: Realty firm M3M India has bagged a 13-acre land parcel in Noida through e-auctions and plans to invest around Rs 2,400 crore to develop a mixed-use project, its director Pankaj Bansal said on Wednesday. M3M India, which has a major presence in Gurugram, will be foraying into Noida property market through this project. […]
DLF sells all 292 luxury homes in new project at Gurugram for Rs 1,800 crore
NEW DELHI: Realty major DLF has sold all 292 luxury homes in Gurugram for over Rs 1,800 crore within few days of the launch of the project, signalling strong demand despite rise in interest rate on home loans and property prices. On September 26, DLF had launched its project ‘The Grove’ located at DLF phase-5 […]
Elan Group acquires 40-acre land in Gurugram for Rs 580 crore from Indiabulls
NEW DELHI: In a big-ticket land deal, Elan Group has bought around 40-acre land in Gurugram for Rs 580 crore from Indiabulls Real Estate to develop housing and commercial projects. With the purchase of this land parcel, located on Dwarka Expressway, Elan Group will make an entry into the housing segment with the total development […]
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 […]