Real estate company Godrej Properties Ltd has sold around 90 flats for more than ₹1,000 crore on the launch day of its new luxury housing project at Gurugram, despite an overall demand slowdown in residential property market. In a regulatory filing on Friday, the company said around 90 flats were sold on the launch day of its project 'Godrej Astra' located on Golf Course Road micro-market. The...

Jaipur-based commercial real estate firm AccuSpace, through one of its SPVs (special purpose vehicle), has entered the Delhi-NCR market with the acquisition of a 30,000 sq. ft. Grade A office space from a Singapore-based fund on NH8 in Gurugram. This move is part of the company's broader expansion strategy as it establishes a presence in Tier-1 cities beyond its home market in Rajasthan. AccuSpace's...

Gurugram, a city synonymous with rapid urbanization and luxury real estate, is witnessing a transformative shift in its skyline, thanks to Ganga Realty's ambitious projects. The real estate developer has been making waves with its innovative and opulent residential offerings, particularly Anantam, the city's tallest residential tower, and Nandaka, a luxurious green oasis in Sector 84. Vikas Garg, Joint...

Birla Arika, a luxury residential project, is spread across 13.275 acres and has a development potential of 2.4 million square feet with seven high-rise towers planned. The project is located off NH-48 at Sector 31 in Gurugram. Birla Estates Private Limited, a wholly owned subsidiary of Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited), announced record sales of...

Real estate company Hero Realty has appointed Rohit Kishore as its new Chief Executive Officer (CEO). Kishore has over 21 years of experience in the real estate industry, Hero Realty said in a statement on Monday. Kishore joins Hero Realty from Eldeco Properties, where he served as the CEO. Before Eldeco, he worked in many real estate companies, including Lotus Greens Developers, MARS Development,...

 DLF Ltd, the country's largest realty firm, will invest around Rs 40,000 crore over the next 4-5 years to develop housing and commercial projects as part of its strategy to expand business amid strong demand for premium properties. Last week, DLF Group held a meeting with analysts in Gurugram to give them an update on its current business situation and future plan for medium term. It gave a corporate...

Trinity Infratech, a pioneering real estate developer, has announced that it has received RERA approval for its ultra-luxury residential project, Sky Palazzo Residences, located on the rapidly expanding Dwarka Expressway. With an estimated investment of Rs1,200+ crores and spanning approximately 11 acres, this first-of-its-kind project introduces North India's only beach residences, setting a new benchmark...

Delhi-NCR real estate developer Signature Global has acquired 8.39 acres of land in Gurugram for ₹282.4 crore with a development potential of 2 million sq ft, the company said on March 21. The company executed the sale deed on March 20 and the land parcel is located at Sector 37D, near Dwarka Expressway. Signature Global intends to launch a new residential project on the acquired land by the end of...

Billionaire Gautam Adani's group is in advanced talks to acquire real estate company Emaar India for an enterprise value of around USD 1.4-1.5 billion as it looks to expand its property business, according to sources. Dubai-based Emaar Properties entered the Indian real estate market in 2005 in partnership with India's MGF Development and invested Rs 8,500 crore through the joint venture firm Emaar MGF...

Construction for the planned Millennium City Centre-Cyber City metro line still months away, HMRTC has set the wheels in motion to develop two new corridors that will connect old and new Gurgaon. Haryana Mass Rapid Transport Corporation (HMRTC) on Thursday invited tenders to prepare detailed project reports (DPR) of the two metro lines. First on the agenda is a 17 km metro line planned from Bhondsi...