2024

Gurugram stretch of Dwarka e-way likely to open for traffic soon: MP

Gurugram stretch of Dwarka e-way likely to open for traffic soon: MP

Union minister and Gurugram MP Rao Inderjit Singh on Tuesday said that the Gurugram section of the Dwarka expressway is expected to open for the public soon. Singh, who met Union Minister for Road Transport and Highways Nitin Gadkari earlier on Tuesday, said that Gadkari had issued directives to NHAI staff to open the completed section of the expressway at the earliest. Work on Package 1 of the...

Lift Act bill tabled in UP assembly, residents hopeful of speedy passage

Lift Act bill tabled in UP assembly, residents hopeful of speedy passage

With the Lift Act bill tabled in the Uttar Pradesh assembly on Tuesday, residents of Noida, Greater Noida and Ghaziabad are hopeful of a speedy passage of the bill and said it was much needed to ensure the safety of high-rise residents. On August 3 last year, a 73-year-old woman died after the lift she was travelling in malfunctioned and went into free fall at a high-rise society in Noida’s...

Embassy Group inks Joint Development Agreement for 3.75-acre land in Bengaluru

Embassy Group inks Joint Development Agreement for 3.75-acre land in Bengaluru

Real estate company Embassy Group has inked a joint development pact for 3.75 acres of land in Bengaluru, Whitefield, and will launch a premium residential project designed for millennials. The project will have an estimated revenue potential of around ₹550 crore, the company said in a statement. Real estate company Embassy Group has inked a joint development pact for 3.75 acres of land in...

Godrej Properties Q3 net profit increases by 6% to ₹62 crore

Godrej Properties Q3 net profit increases by 6% to ₹62 crore

Godrej Properties on February 6 reported a 6% increase in its consolidated net profit to ₹62.47 crore in the third quarter from ₹58.49 crore in the same quarter last year and its sales bookings increased by 76% year-on-year to ₹5,720 crore during the period on the back of increased housing demand. Godrej Properties on February 6 reported a 6% increase in its consolidated net profit to...

Axis Bank leases 81000 sq ft in Mumbai for 5 yrs at a monthly rent of ₹85 lakh

Axis Bank leases 81000 sq ft in Mumbai for 5 yrs at a monthly rent of ₹85 lakh

Axis Bank Ltd has leased 81,000 sq ft of commercial space in the Parle Product Factory Compound, Vile Parle, Mumbai for five years with a starting monthly rent of ₹85.37 lakh, documents accessed by FloorTap.com showed. Axis Bank Ltd has leased 81,000 sq ft of commercial space in the Parle Product Factory Compound, Vile Parle, Mumbai for five years. REUTERS/Danish Siddiqui/File Photo(REUTERS)...

Shapoorji Pallonji Real Estate raises ₹55 crore to finance new luxury housing

Shapoorji Pallonji Real Estate raises ₹55 crore to finance new luxury housing

Shapoorji Pallonji Real Estate has raised ₹55 crore from WSB Real Estate Debt Fund II (WSBREDF II) for a premium project known as BKC 9 located in Bandra East, Mumbai, from which it is expecting over ₹250 crore revenue, the company said on February 6. Shapoorji Pallonji Real Estate has raised ₹55 crore from WSB Real Estate Debt Fund II (WSBREDF II) for a premium project known as BKC 9...

7 things real estate investors must keep in mind before buying property in Noida

7 things real estate investors must keep in mind before buying property in Noida

Now that more than 6500 apartments may soon be registered in Greater Noida after at least 30 real estate developers have agreed to clear their dues under the 2023 realty policy of the Uttar Pradesh government, here’s what real estate investors wanting to put in their money into the property market should know. More than 6500 apartments may soon be registered in Greater Noida after at least 30...

Thane to get New York-inspired central park | Mumbai news

Thane to get New York-inspired central park | Mumbai news

Thane: Known as the City of Lakes, Thane is all set to get a Grand Central Park, a public park sprawled over 20.5 acres in Kolshet, and chief minister Eknath Shinde is scheduled to dedicate it to the public on February 8. Thane, India - February ,05, 2024: The Thane Municipal Corporation has constructed a Grand Central Park at kolshet road in Thane on 20 acres of land and it will soon be open...

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