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...
IKEA has taken a significant step in expanding its presence in North India by opening a new Customer Distribution Centre (CDC) in Gurugram, Delhi-NCR. This 180,000 square feet facility, developed in partnership with global logistics provider Rhenus, is designed to enhance storage and streamline order fulfillment for over 7,000 IKEA products. The CDC aims to fulfill most customer orders within 24 hours,...
Due to its proximity to the Himalayan belt, Delhi NCR faces significant seismic risks, leading developers in the region to focus on the construction of earthquake-resistant projects. Real Estate News , Earthquake in Delhi NCR : In light of the recent 4.0 magnitude earthquake in Delhi NCR , discussions have been raised regarding the resilience of buildings in the region. The question, ‘Are these...
Real estate development company Signature Global will continue to focus on the mid-income segment to drive growth in the upcoming quarter. Speaking to NDTV Profit, the company’s Chief Executive Officer Rajat Kathuria said Signature Global has been witnessing strong demand for its mid-income projects. "In FY25, our strategy was similar to earlier times, but very simple. If we create supply around...
As the demand for luxury properties and spacious homes continue to rise, developers are concentrating on launching more luxury projects to attract buyers and cash in on opportunity. Gurugram has emerged as a premier real estate market in Delhi-NCR region, thanks to the new launches and price appreciation. Over the past few years, Gurugram, which is also known as the Millennium City, has witnessed a...
Realty major Signature Global Limited has achieved its best-ever pre-sales of Rs 8670 crore in the first nine months of the financial year 2024-25, on strong housing demand. The Gurgaon-based real estate company also reported 260 per cent revenue growth to Rs 1980 crore in the April-December period of the ongoing fiscal year. In a release, the realty firm said, “Reports 260% Revenue Growth to INR 19.8...
