The recent arrest of the owner of a commercial complex in Gurugram for allegedly selling the same property to as many as 25 buyers, has raised serious concerns about due diligence and safeguards for property investors. In this case, the developer allegedly sold a single floor of a building to multiple individuals, even though a […]
Amid reports of a broader slowdown in housing sales, Vikas Oberoi, Chairman and Managing Director of Mumbai-based listed developer Oberoi Realty, said the company is not witnessing any slowdown and that the softness in the market remains developer-, location- and product-specific. He also said that the company expects to receive plan approvals for its Gurugram […]
A social media post claiming that Gurugram is the only Indian city capable of becoming the next Singapore has triggered a debate on urban infrastructure and quality of life. A social media post claiming that Gurugram is the only Indian city capable of becoming the next Singapore has triggered a debate on urban infrastructure and […]
Zomato’s parent company, Eternal Ltd, has leased seven floors (2.78 lakh sq ft) in Gurugram’s Intellion Park for a monthly rent of ₹2.33 crore, according to lease deed documents accessed by Propstack. Zomato’s parent company, Eternal Ltd, has leased seven floors (2.78 lakh sq ft) in Gurugram’s Intellion Park for a monthly rent of ₹2.33 […]
Gurugram-based listed real estate firm, Signature Global, on January 17 signed a ₹380-crore Memorandum of Understanding (MoU) with Indo Italian joint venture firm CECO Hirun Pvt Ltd., to implement advanced earthquake resistance technology across its high-rise projects. Gurugram-based company Signature Global has signed a ₹380-crore Memorandum of Understanding (MoU) with Indo Italian Joint Venture CECO […]
Gurugram-based real estate firm M3M India, along with group company Smartworld Developers, has partnered with global fashion and lifestyle brand Elie Saab to develop two ultra-luxury branded residential projects in Gurugram and Noida, entailing an investment of ₹3,500 crore. The developments will comprise over 950 apartments, with M3M India constructing around 300 units in Gurugram […]
The Enforcement Directorate on Jan 9 filed a chargesheet against a promoter of Gurugram-based realty firm and some others as part of a money laundering probe into an alleged fraud with homebuyers under the Pradhan Mantri Awas Yojana (PMAY). The ED has filed a chargesheet against a promoter of Gurugram-based realty firm and others as […]
Gurugram-based Elan Group has said that it will invest nearly ₹1,600 crore to develop an ultra-luxury residential project in the city Gurugram-based Elan Group has said that it will invest nearly ₹1,600 crore to develop an ultra-luxury residential project in the city Located in Sector 49, Gurugram, the project, Elan The Statement, is spread across […]
Mumbai-based real estate firm Lodha Developers has partnered with Gurugram-based MRG Group to mark its debut in the Delhi-NCR market. The collaboration involves the development of two marquee projects in prime corridors of Gurugram, with a combined revenue potential exceeding ₹3,600 crore. Lodha Developers has partnered with Gurugram-based MRG Group to mark its debut in […]
New Delhi, Nov 24 (PTI) Realty firm Central Park Estates will invest ₹2,000 crore to develop a luxury housing project in Gurugram as part of its expansion plan. Central Park Estates will invest ₹2,000 crore to develop a luxury housing project in Gurugram as part of its expansion plan. (Photo for representational purposes only) (Pixabay) […]