GURUGRAM
Signature Global to launch housing projects worth Rs 13,000 cr by March next year: CMD Pradeep Aggarwal
Realty firm Signature Global plans to launch multiple housing projects worth Rs 13,000 crore by March next year to meet strong demand. The Gurugram-based developer aims to invest Rs 2,500 crore in construction activities this fiscal year and achieve sales bookings of Rs 10,000 crore for 2024-25. With a focus on timely project delivery, the company is also eyeing expansion into Noida and Delhi markets in the coming years.
Alphacorp to invest Rs 350 crore in luxury residential project in Gurgaon
Alphacorp partners in a Rs 350 crore joint venture for a luxury residential project in Gurgaon, developing 500,000 sq ft across two land parcels. The project, 'Alphacorp SKY1', will feature 200 units in a 29-floor building, aiming for Rs 600 crore in revenue. The development will focus on sustainability with GRIHA and IGBC certifications, offering apartments between 2,400 to 3,600 sq ft and set for completion in four years.
Marriott ties up with Whiteland corporation for first branded residences project
The Gurugram property, with an investment of more than Rs 5,600 crore, will be developed in phases with local developer Whiteland Corporation and will encompass an area of 6 million square feet, Trinh Quynh Phuong, vice president of mixed-use development for Asia Pacific at Marriott International, told ET.
Gurugram Horror: Teen neighbour kills 9-year-old girl; sexually abuses before using camphor to burn the body
A teenager, accused of murdering his 9-year-old neighbor, confessed to sexually assaulting her before strangling and burning her body. The boy's actions were reportedly driven by a gambling debt. The case is set to be heard by the Juvenile Justice Board on July 17.
Experion Developers buys Gurugram plot for Rs 400 crore
The wholly owned Indian subsidiary of Singapore's Experion Holdings Pte Ltd had in the last one-and-a-half years acquired five plots worth Rs 2,100 crore, mainly in Gurugram, where it is in the process of launching new projects.
Whiteland Corp to invest Rs 5,600cr on housing project in Gurugram; partners Marriott for management
Realty firm Whiteland Corporation is set to invest Rs 5,600 crore in a luxury housing project in Gurugram in partnership with Marriott International to bring 'Westin Residences'. The project will feature 1,600-1,800 branded homes with a starting price of Rs 5 crore per unit. The investment will be primarily funded through internal accruals, with the company developing a total of 60 lakh square feet across two phases.
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Tesla Vs Tesla: HC orders mediation in trademark dispute between Musk's firm & Gurugram-based company
The Delhi High Court has directed Tesla Inc. and Gurugram-based Tesla Power India to mediate their trademark dispute. Tesla Inc. alleges that Tesla Power India's use of the "Tesla" trademark infringes on its rights, causing consumer confusion and harming its business. Mediation is scheduled for July 18, with a further hearing on September 18.
M3M leases 220,000 sq ft to flexible workspace provider Incuspaze in Gurugram
Flexible workspace provider Incuspaze has leased 220,000 sq ft in Gurgaon's M3M Urbana project, following a 600,000 sq ft lease last quarter across three cities. As demand grows, Incuspaze is expanding rapidly. The flex workspace market is expected to reach 100-140 million sq ft by 2030, driven by multinational companies and GCCs.
Haryana government’s policy on fourth floor to keep the realty price in check
The Haryana government's decision to allow construction of stilt plus four floors in residential sectors is set to boost housing demand in Gurgaon and curb soaring prices, experts say. The move, following a ban on fourth-floor construction last year, will provide opportunities for homebuyers and developers, leading to increased supply in high-demand areas like Gurgaon, benefiting both the real estate market and aspiring homeowners.
Ganga Realty to invest Rs 1,200 cr to develop luxury housing project in Gurugram
Ganga Realty's luxury housing project in Gurugram, with units starting at Rs 16,500 per sq ft, is located on Dwarka Expressway and Sohna Road. The company aims to deliver the Anantam project within the next five years, emphasizing sustainable living and the integration of smart technologies.
Godrej Properties buys TDR certificates for Gurugram project
Godrej Properties has acquired Transfer of Development Rights (TDR) certificates worth Rs 50 crore for its Sector 43 project in Gurgaon, a novel practice in the NCR region but common in Mumbai. These certificates allow for an additional 300,000 sq ft of construction, potentially generating Rs 900 crore in revenue. TDRs, obtained from Haryana government for land acquisition, were sold with a floor area ratio (FAR) of 2. This strategic move is expected to catalyze similar transactions in Gurgaon, following the company's significant sales growth in FY24 and upcoming projects in prime sectors.
Signature Global reports Rs 2,700 crore sale from Gurgaon project
Realty developer Signature Global has reported Rs 2,700 crore in sales from its Titanium SPR project in Sector 71, Gurugram. The property offers premium residential units and have garnered overwhelming interest, showcasing the company's commitment to quality and setting a new benchmark in the region's premium housing segment. The project, spanning 14.382 acres, has achieved remarkable sales through a digital process overseen by the Boston Consulting Group.
Couple's 'hack' to eat free at 5-star restaurants leaves internet 'disgusted'
A couple's unusual method for dining free at 5-star restaurants has stirred up strong reactions on the internet, leaving many disgusted by their deceptive tactic. The revelation serves as a cautionary tale about the extremes people might go to for small gains, prompting concerns about honesty and ethics in everyday interactions.
India Accelerator adds 250,000 sq ft in Pune, Gurugram and Noida
India Accelerator has expanded with 250,000 sq ft across 7 centres in Pune, Gurugram, and Noida, adding 3200 seats in Noida, 900 in Gurugram, and 400 in Pune. With over 200 startups, they foster collaboration and innovation, investing USD 4 million to support entrepreneurs nationwide via infrastructure and early-stage investments.
Rs 45,491 electricity bill by a Gurugram resident makes him wonder if he should switch to candles
Jasveer Singh, co-founder of Gurugram-based Join Hood App, was stunned to receive an electricity bill of Rs 45,491 for just two months. Sharing his disbelief on social media, Singh joked about switching to candles, sparking widespread discussion online.
Krisumi Corporation to invest Rs 2,000 crore in Gurugram residential project
Krisumi Corporation plans a Rs 2350 crore investment in Phases 3 and 4 of Krisumi City, Gurugram, with 1051 luxury units and a 2-acre club. Marketed as a shift to larger, luxury apartments, they expect Rs 4000 crore revenue. The joint venture aims for completion by December 2029, backed by Krishna Group and Sumitomo Corporation
Two killed in Gurugram fireball manufacturing factory explosion
Two people were killed in an explosion at a fireball manufacturing factory in Gurugram's Daulatabad Industrial Area. The incident occurred late at night on Friday, prompting the deployment of 24 fire tenders that managed to bring the fire under control. At least three to four individuals were injured and taken to the hospital. Nearby buildings suffered damage.
Delhi Metro Yellow line passengers take note: Services will be affected for two days. Here are all the details
Delhi Metro's Yellow Line Phase-IV undergoes construction, prompting revised train timings on Sunday and Monday. Key changes include altered departure times and service suspensions between Samaypur Badli and Jahangirpuri. DMRC ensures minimal disruption, emphasizing passenger convenience during engineering challenges. Night-time closures are scheduled strategically, aiming to conclude before regular operations resume. Commuters advised to check DMRC updates for the latest information.
Alcohol price in Gurugram rise: New price, why it increased, excise policy
Good days are over for Gurugram alcohol lovers as increased liquor prices have come into effect as part of Haryana's new excise policy. Gurugram, which was an alcohol haven for locals and residents in neighbouring Delhi and Noida, is not too cheap anymore when it comes to booze prices. The prices have gone up by up tp 20%, as the new excise policy came into effect on June 12.
Gurugram's new traffic rules: No checking of cars, no challan to be issued
In a good news for Gurugram commuters, the city's traffic rules have been overhauled. After receiving complaints during vehicle checking at night, Gurugram DCP Traffic has taken measures so that commuters do not feel harrassed.
New order to Gurugram traffic police: Don't stop vehicles at night, no challans
Gurugram DCP Traffic issues directive to halt nighttime vehicle checks and challan, emphasizing prior approval for fines at night to avoid driver inconvenience. If it is very necessary to issue a challan to a driver, the challan of that vehicle should be issued as per rules only after bringing it to the notice of the concerned gazetted officer/undersigned and obtaining permission, the directive to Gurugram Traffic Police said.
Tourist bus fire in Haryana kills 9, injures 17
A tragic bus fire in Haryana's Nuh district killed nine people, including five women and a 12-year-old girl, and injured 17. The bus, carrying 60 pilgrims from Punjab, caught fire on the KMP Expressway. Despite warnings, the driver continued driving before fleeing the scene. An FIR has been registered against him. Most injured passengers have been treated, while three remain hospitalized. Authorities are investigating the cause of the fire.
Gurugram Tragedy: 28-year-old killed by neighbour in dispute over parking
A tragic parking dispute in Gurugram resulted in the death of a 28-year-old man, Rishabh Jasuja, who was fatally injured after a confrontation with his neighbour, Manoj Bharadwaj. The incident, sparked by a disagreement over parking, escalated quickly, with Manoj allegedly attacking Rishabh and his brother Ranjak before intentionally running them over with his car.
Shocking video: Dog walker repeatedly hits pet dog inside Gurugram apartment lift
A viral video depicting a dog walker assaulting a Golden Retriever inside an elevator has sparked widespread outrage on social media. The shocking footage, captured at an apartment complex in Gurugram, has prompted calls for justice and action against the perpetrator.
Noida, Ghaziabad may extend bar hours in catch-up with Delhi, Gurugram
UP government committee is reviewing extending Noida, Ghaziabad bar hours to boost revenue. Noida owners propose bars open until 4 am. Currently, bars in Delhi can be open until 3 am while those in Gurgaon operate 24/7.
1,050 flats worth Rs 3,000 crore sold out in just 3 days in Godrej Properties' most successful project launch
Godrej Properties Ltd. (GPL), headquartered in Mumbai, achieved a significant milestone with the sale of homes surpassing Rs 3,000 crore within just three days of launching Godrej Zenith in Gurugram, Haryana. This success represents GPL's most lucrative launch in terms of both sales value and volume, with over 1,050 homes and 2 million square feet sold
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