After a decade of uncertainty, real estate developer Unitech has resumed work on six long-pending residential and commercial projects in Nirvana Country 2. Now under a govt-appointed management, Unitech is all set to begin construction activities from April 5, with a 78-month deadline that the developer has promised. The six projects — Alder Grove Villas, Espace Premiere Villas, Exquisite Group...
M3M group has cleared ₹1,133 crore loan of the total ₹1,300 crore loan it availed from Indiabulls by March 31, 2025. The loan was availed by M3M India for the purchase and development of its project - M3M City of Dreams in Panipat. The company will pay the residual amount of ₹167 crore by the first quarter of the financial year 2025-26. Robin Mangla, president of the company said, "We have...
The Southern Peripheral Road (SPR) in Gurugram is witnessing a major transformation. In just five years, the property prices along the SPR have soared by an impressive 125 per cent, led by the rapid rise of major corporate hubs. This growth has positioned SPR as the next Cyber City, a vibrant hub of business and development that’s capturing the attention of investors and professionals alike. Delhi NCR...
Realty firm Trinity will invest Rs 1,200 crore to develop a housing project in Gurugram. In a statement on Wednesday, the company said it is developing an 11-acre luxury residential project 'Sky Palazzo Residences' on Dwarka Expressway in Gurugram. The project will be completed by 2029. The company will develop this project "with an investment of Rs 1,200 crore". In the first phase, it will...
The Ministry of Housing and Urban Affairs (MoHUA) has approved a plan to extend the Delhi Metro's Yellow Line from Samaypur Badli to Sonipat via Nathupur. Currently, the 47.2-km-long DMRC Yellow Line connects Samaypur Badli to Millennium City Centre in Gurugram. Haryana’s Sonipat is emerging as a prominent real estate hub. Strategically located on the northern fringes of Delhi, the city is witnessing...
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,...
