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...
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...
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...
Realty firm Signature Global is planning to invest around ₹4,000 crore to develop two new housing projects in Gurugram as part of its expansion plan, its Chairman Pradeep Kumar Aggarwal said. In an interview with PTI, he said, in the next quarter, the company plans to launch more than 40 lakh square feet of area in two premium housing projects in Gurugram. "We will be focusing on the ₹2-5 crore...
Gurugram has emerged as one of India’s most hotspot commercial real estate markets, driven by rapid urbanization, a growing corporate ecosystem and world-class infrastructure. As a major business hub in the NCR region, the city hosts MNCs, IT Parks and co-working spaces. In recent years, the city has witnessed a dramatic shift in real estate investments, with a growing preference for mixed-use...
The demand for luxury homes in Gurugram last year increased by whopping 66 per cent to nearly Rs 1.07 lakh crore, according to a report by real estate data analytic firm PropEquity. As per the data, housing sales in Gurugram rose to 1,06,739 units in CY 2024 from 64,314 units in 2023. DLF, Signature Global, Godrej Properties, M3M India along with its group firm Smartworld Developers, Elan Group, ATS...
Gurugram housing market witnessed strong demand for luxury homes last year with sales rising 66 per cent to nearly Rs 1.07 lakh crore, according to PropEquity. Real estate data analytic firm PropEquity on Tuesday released data of housing sales of the top 9 cities in terms of value. As per the data, housing sales in Gurugram rose to Rs 1,06,739 crore last year from Rs 64,314 crore in 2023 calendar...
