ATS Infrastructure has bought a 14-acre plot in Gurgaon for Rs 150 crore and will build an upper mid-market residential project here.
The Greater Noida Authority has finally managed to strike a deal with the farmers of Patwari village by hiking compensation for them by 550 per sq metre.
New York-headquartered investment firm Brahma Capital has signed a joint development agreement with Gurgaon-based builder Bestech Group to build a commercial office-cum-retail complex on 12.2 acres in Gurgaon’s Sector 16.
India’s largest real estate company DLF Ltd said it will sell at least two non-core assets in this quarter, helping it partly reduce its net debt of Rs 21,524 crore starting this quarter.
Real estate players such as Tata Realty and M3M Developers are believed to be in the race for the land, one person close to the development said.
At the moment, there is a shortage of clear land in Noida and the few developers who still have undeveloped land with them will cash in on the situation.
Online travel bookings in India are growing very rapidly and fast replacing offline bookings.
Punj Lloyd Group has announced that it has won the contract for construction of 194 villas at Kolkata West International City (KWIC).
The farmers here do not want their land back as it cannot be used for farming in the next 10 years with all the concrete having gone into it.
For HNIs, investing in a fund is an opportunity to diversify both location and developer risk and participate in real estate across the country.
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