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Elan to invest Rs 4,000 crore in developing luxury residential project in Gurgaon

Gurgaon-primarily based totally Elan institution will make investments Rs 4,000 crore in growing eight million squarefeet of luxurious residential area on Dwarka Expressway, at the forty-acre land parcel it had received from Indiabulls Real Estate for Rs 580 crore in January this year. It is a totally certified forty acre land, out of that 30 acre are intended for residential improvement and 10 acre for...

Adani Realty bags Rs 5,069 crore Dharavi redevelopment project

Gautam Adani- led Adani Properties on Tuesday won the shot for the addition of Dharavi, the alternate- largest slum colony in Asia, reported Moneycontrol. The Maharashtra government authorities, on November 29, opened the fiscal flings for the Dharavi redevelopment design which...

Haryana govt nod for Metro extension between Palam Vihar and Dwarka Sector 21

According to the DPR, the spur or metro extension connecting Rezangla Chowk in Palam Vihar and Dwarka Sector 21 station will be 8.4km long, of which 5km will be in Gurugram -- from Palam Vihar to Sector 111 -- and the remaining 3.4km in Delhi A government spokesperson said Haryana will bear ₹1,541 crore of the project cost, while the remaining will be borne by the Centre. According to the DPR,...

Bajghera underpass to be ready by December, Dwarka e-way by March

A senior NHAI official said a key challenge for the contractor would be to give finishing touches to the project as that is very labour intensive and time consuming. “Putting up signboards, streetlights, and marking key stretches and other works take time. Additional resources will have to be mobilised to complete these works,” he said The Dwarka Expressway project contractor on Friday said they will...

Smartworld Developers raises ₹250cr from Motilal Oswal for existing housing projects, future growth

Realty firm Smartworld Developers Pvt Ltd has raised ₹250 crore from Motilal Oswal to build existing housing projects and fund future growth plans.  Smartworld Developers, which has been set up by promoters of M3M Group in 2021, in October last year announced an investment of around ₹3,000 crore to develop the company's first two residential projects in Gurugram. The funding...

Omaxe Bags Sports Complex Cum Retail Project From Delhi Development Authority; To Invest Rs 2,100 Crore

The company has secured this 50-acre project from the Delhi Development Authority (DDA) under the "Design Build Finance and Operate" model. Realty firm Omaxe has bagged a project from DDA to develop a sports complex and retail project at Dwarka in the national capital at a cost of Rs 2,100 crore. The company has secured this 50-acre project from the Delhi Development Authority (DDA) under the "Design...

Godrej Properties, TDI Group Ink Joint Venture For Luxury Residential Project in Connaught Place, Delhi

Godrej Properties NSE -2.90 % has entered into a joint venture with realty developer TDI Group to develop an ultra-luxury residential project in Connaught Place, one of the prime locations within the Central Business District of New Delhi. The project is estimated to have a developable potential of around 1.25 lakh sq ft saleable area comprising primarily residential apartments of various...

Stamp duty in Noida To Be Calculated as Per Carpet Area

Homebuyers in Noida will have to pay less for the registry of plat as the Noida authority has mandated the registry to be done as per carpet area and not by super area. The authority has issued a order in this regard and has informed the UP Real Estate Regulatory Authority (UPRERA) and revenue department asking them to calculate the stamp duty on the bases of carpet area. Super...

The land-owning agency aims to develop the three sectors in Dwarka based on the Transit Oriented Development policy (Vipin Kumar/HT PHOTO)

DDA Plans International Business and Industrial Hub In Dwarka

The International Business, IT &ITES (Information technology and information technology enabled services) and commercial and industrial (non-polluting) hub will be very close to the Centre’s India International Convention and Expo Centre, said officials. The land-owning agency aims to develop the three sectors in Dwarka based on the Transit Oriented Development policy (Vipin Kumar/HT...

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