Introductions ASK Property Fund, the real estate arm of Blackstone-backed ASK Asset & Wealth Management Group, has made an investment worth ₹245 crores for developing a residential project by Satya Group in Sector 104 on Dwarka Expressway in Gurugram. This marks a major development in the real estate scenario in the region in line with the fund's strategic targeted investments into...
Gurugram-headquartered realty firm Elan Group has made a Rs 3,000-crore investment in an ultra-luxury residential project it is undertaking on Dwarka Expressway, in Sector 106. This project falls within the Elan Group's large 50+ acres premium township that integrates a mix of residential apartments, branded residences, high-end shopping mall, a luxury 5-star hotel, and premium office spaces. The...
India's DLF, the leading real estate giant, seems to have hit the jackpot with its ultra-luxury residential project 'The Dahlias' in Gurugram. Strikingly, 173 apartments in the project have been sold off for a jaw-dropping Rs 11,816 crore, due to brisk orders from the ultra-rich in India and NRIs. Unrivalled Luxury in Gurugram 'The Dahlias' is located in the prime DLF Phase 5 region and sprawls over...
Entering India's burgeoning real estate sector of the country, Mitsubishi Corporation envisaged the development of its first housing project there, forming a partnership with Birla Estates. The first milestone in Mitsubishi's strategic vision of expanding into the Indian property development sector is marked by a substantial ₹560 crore investment. First-of-its-kind Partnership Jointly entering...
Despite a significant rise in housing prices across cities in 2024, homebuyers continue to prioritize larger living spaces. According to the latest Anarock data, the average flat sizes in the top seven cities rose by eight per cent annually in 2024—from 1,420 sq. ft. in 2023 to 1,540 sq. ft. in 2024. Back in 2019, the average flat size in these cities was 1,145 sq. ft., marking a remarkable 34 per cent...
An area of 480,000 sq. ft has been rented by the company for a group work office in a period with six years. For a rate of Rs 94.68 crore annually, this six-year commitment is one of the company's most outstanding highlights in the surge of the area. Excellent Site It is located in Block-3 of the DLF Commercial Building situated in DLF City-Phase 5, Vijay Sirohi, Gurugram. The data fetched from...
Realty firm Signature Global has announced an impressive jump in its sales bookings, which surged to ₹2,770 crore, more than doubling from ₹1,260 crore in the same period last year. The increase reflects the robust demand for the company’s residential projects, particularly in Gurugram. Chairman Pradeep Kumar Aggarwal attributed this remarkable growth to the trust customers have placed in the...
The much-anticipated Gurugram Metro extension project is set to redefine urban mobility, ignite real estate growth, and enhance the quality of life in the city. Slated to begin construction on May 1, 2025, under the leadership of Haryana Chief Minister Naib Singh Saini, the project has a budget of ₹5,452.72 crore and will feature 27 strategically planned stations. A Game-Changer for Infrastructure...
Signature Global In a strategic move to capitalize on the growing demand for mid-income and premium residential properties, real estate developer Signature Global has acquired a prime 16.12-acre land parcel in Gurugram, Haryana, for approximately ₹300 crore. The land is located in Sector 71, along the Southern Peripheral Road (SPR), a rapidly developing region in Gurugram known for its connectivity...
The Adani Group is in advanced discussions with Dubai-based Emaar Group to acquire a majority stake in Emaar India for ₹4,000-5,000 crore, according to sources familiar with the matter. “The deal is expected to involve 70-100% ownership of Emaar India, which boasts prime-location projects with promising valuations, one source revealed, adding that Adani Realty, the unlisted real estate arm of the...