SPAZE GROUP
ASK Property Fund to invest Rs 120 crore in Trevoc’s luxury residential project in Gurgaon
ASK Property Fund, backed by Blackstone, will invest Rs 120 crore from ASK Real Estate Special Opportunities Fund IV in Trevoc’s luxury residential project in Gurgaon. The project comprises over 175 residential units and is located in a prime location.
Experion buys six-acre land parcel in Gurugram for Rs 400 crore
HSVP and Haryana State Industrial & Infrastructure Development Corporation (HSIIDC) have been auctioning prime land for residential development in Gurugram. Apart from Experion Developers, Godrej Properties, Eldeco Group and Ashiana Housing have acquired land through government auctions in recent months.
Realty developer Aarize group acquires over 50-acre land for four projects
"We aspire to set new standards of excellence, blending modern design with environmental consciousness. Our vision is to not only build spaces, but to craft environments that inspire and enhance the quality of life for generations to come,” said Aman Sharma, founder of the company said.
HSVP auctions two land parcels in Gurgaon for Rs 520 crore to Experion and Trevoc group
Experion Developers has acquired a six-acre land parcel in Gurgaon's Sector 53 for about Rs 400 crore through an auction. The company, along with other real estate developers like Godrej Properties, Eldeco Group, and Ashiana Housing, has been acquiring land through government auctions for residential development in Gurgaon. Experion Developers, the Indian arm of Experion Holdings Pte Ltd, Singapore, expects to generate revenue of about Rs 3,400 crore from these projects. Delhi-NCR and Mumbai have seen significant investments in land acquisition for real estate development.
Haryana real estate regulator imposes penalties of Rs 25 lakh each on five builders in Gurugram
As per the official statement, Identity Buildtech Private Limited has been fined for not completing its project Ansal Highland Park at Sector 103 within the declared timeline of June 2022. In this case, the authority has allowed the RERA registration to be in force till May 2024.
Share of independent floors in total housing launch in Gurgaon reached 74% in 2021: Report
Apart from independent floors, plots and villa projects also recorded a healthy momentum with around 2569 units launched in 2020 and 2021 across Delhi NCR. Share or independent floors in 2020 was 48% and before that, it was not substantial and data was not kept separately.
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DMart leases 43,000 square feet at Spaze Edge in Gurgaon
Strategically located on six lane Gurugram-Sohna Expressway, the project has scalability options ranging from 1000 to 1,50,000 sq ft and more. The project also boasts of multi-level business parking with connecting elevators that makes it easy to access.
Real estate developers pushing shop-cum-office plots as another stream for monetisation
"In the current scenario, SCOs are being perceived as a sought-after asset class for new-age investors looking to diversify their portfolios," said Anshuman Magazine, chairman, India and South-East Asia, Middle East & Africa, CBRE.
Spaze Group in talks to acquire land in Gurgaon, to invest Rs 2,000 crore in next few years
“We plan to come up with SCOs (shop cum office) as there is a huge demand for high-street in retail segment. In residential also, we plan to do projects under Deen Dayal Jan Awas Yojana,” said Bharat Kumar, Director, Spaze Group.
Incuspaze inks co-working deal in Gurgaon with Spaze Group
The new ready to move in office space facilities is present in Spaze Palazo and Spaze Platinum Tower with over 3,500 seats combined which are located in emerging micro-markets of Gurgaon namely, Golf Course Extension Road and Sohna Road.
How a boom in corporate office leasing reflects India's solid economic base
2015 was the best year ever in corporate office leasing, and may be a concrete indicator that, despite near-term worries, the Indian economy is on solid ground.
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