GURGAON: Huda has plans to launch 11 new sectors in the Gurgaon division. However, in the absence of land in the district, these new sectors will be developed in places like Rewari, Bhiwani, Hisar, Kurukshetra and Sonipat. Officials said the urban development agency is expected to earn over Rs 6,000 crore by selling plots in these sectors, which will help […]
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“Apart from focus on building smart cities, providing affordable houses to the poorest of the poor also tops the agenda of the Narendra Modi government” Nitin Gadkari At a time when only one per cent of India’s population can afford a house above Rs 10 lakh, the government is not only committed to building smart cities but also to offering […]
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Gurgaon :Realty major DLF has leased about 3.5 lakh sq ft of office space to Samsung India Electronics in its commercial complex at Gurgaon that has been constructed at an estimated cost of over Rs 400 crore. According to sources, Samsung India Electronics has leased about 3.5 lakh sq ft in this office building for its India headquarters. DLF has […]
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GURGAON: The M3M group, a leading real estate developer here, on Tuesday said it has signed memoranda of understanding worth Rs.45,365 crore with the government of Haryana, at its ongoing global investor conclave here. The first of the three MoUs involves an investment of Rs.9,000 crore for the development of large clusters of low-cost housing as part of the Prime […]
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Gurgaon has emerged as the most attractive destination for real estate investment in the national capital region, according to a survey by industry body PHDCCI. Gurgaon is followed by Delhi, Noida, Faridabad and Alwar, according to a recent study on ‘Determinants of real estate: A survey of Delhi NCR’ conducted by PHDCCI. In the list of top 10 real estate […]
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Realty firm Sobha today raised Rs 15 crore through private placement of non-convertible debentures to replace costlier debt. The Bengaluru-based developer has raised Rs 80 crore this month through this route. In a filing to the BSE, Sobha Ltd said it allotted secured redeemable non-convertible debentures aggregating to Rs 15 crore on private placement basis. The amount has been raised […]
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Indiabulls Real Estate Ltd (IBREL) raised Rs 70 crore on Thursday through private placement of non- convertible debentures (NCDs). Earlier this month, the Mumbai-based developer had raised Rs 300 crore through private placement of NCDs. It has announced plans to raise another Rs 100 crore through this route and the issue will open Friday. In a filing to the BSE, […]
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The millennium city-Gurgaon is the industrial hub of not only NCR but whole northern India. Modi entitled it as the model for smart city projects, needless to elaborate its significance. With over 500 MNCs and about thousands of Indian corporate juggernauts are working in this place. This is one of the many reasons that are alluring investors. Gurgaon provides the […]
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Good News for Home Buyers……. On 3 February 2016, Haryana Government has approved the implementation of Deen Dayal Jan Awas Yojna in the state. Deen Dayal Awas Yojna is approved under Consolidate Licensing Policy 2015 by the government. The state government has decided to implement relocations policy for shifting of industries in residential areas in the interest of industrial units […]
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Lok Sabha passed the Real Estate (Regulation and Development) Bill 2016 which seeks to set up a regulatory mechanism for the real estate sector to safeguard the rights of home buyers by ensuring timely delivery by developers as well as providing options for recourse if there’s a delay. Here is how the Real Estate Bill will protect consumer rights, guarantee […]
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