Gurgaon
Implementing the Punjab and Haryana High Court order banning the use of groundwater for construction, the Haryana Urban Development Authority (Huda) is all set to take strict action against builders violating the ban. Huda has sent an ultimatum to those builders whose construction work is underway to submit their water source details. Moreover, in an [...] Continue Reading »
Chintels India Ltd., a real estate development company, has announced the launch of over five million square feet of residential and commercial development projects recently. The projects are valued at around Rs 3500 crore in current market rates. Chintels has an extensive presence in Delhi and NCR. The launched projects spread across Sectors 106, 108 [...] Continue Reading »
Seven new residential sectors, three small commercial belts and two industrial sectors would come up at Gurgaon. The state-level committee of Town and Country Planning Department, Haryana, approved the plan for these sectors suggested as per Draft Development Plan for Gurgaon-Manesar Urban Complex-2031. Public, semi-public and open space zones have also been earmarked. An area [...] Continue Reading »
Gurgaon has emerged as the top commercial destination in national capital region(NCR). In spite of rise of other NCR areas like Greater Noida, Kundli, Manesar, and Dwarka Expressway, Gurgaon still shelters maximum number of IT/ITeS companies. Analysts say that commercial capital values have almost been doubled in past couple of years while the leasing values [...] Continue Reading »
In the past two decades real estate has witnessed rapid growth in Gurgaon. Its boundary expanded by a radius of nearly 8-10km. The past five years saw three master plans, announced successively – master plan of 2021 in 2007, of 2025 in 2011 and of 2031 in August 2012. However these plans have failed to [...] Continue Reading »
DLF is set to build India’s largest mega mall, which would be a 4-million square feet promenade in Gurgaon. DLF is to invest Rs 2,000 crore on the project. The mall would be bigger than the 1.5-million sq ft Great India Place mall in Noida and would be comparable with the world’s largest 7-million sq [...] Continue Reading »
Gurgaon-Pataudi Road is all set to emerge as another hub of industrial and commercial development. Located at the foothills of the Aravali hills, Pataudi along Gurgaon-Pataudi Road has become a cluster of real estate development and industrial set-ups. Availability of land parcels for residential and commercial development is one of the main factors driving development [...] Continue Reading »
In the wake of the High Court ban on groundwater for construction purposes, real estate developers in Gurgaon heavily criticized the Haryana government for failing to provide adequate water. They have alleged that despite charging them crores of rupees in the form of external development charges (EDC), water supply has not been taken care of. [...] Continue Reading »
The Golf Course Extension Road, which is relatively a new locality, is emerging as a new real estate destination. The area is rapidly gaining prominence owing to its easy accessibility to NH-8 and South Delhi via the Gurgaon-Faridabad Expressway. Golf Course Extension Road, constructed in 2009, connects Golf Course Road to Gurgaon-Sohna Road. Developers and [...] Continue Reading »
The real estate experts seem very upbeat about the Dwarka-Gurgaon Expressway. The Expressway, also known as the Northern Peripheral Expressway, will be a significant area for investment as the real estate sector has vast potential for a robust growth along the expressway. The 150-metre-wide and 18km-long Dwarka-Gurgaon Expressway is likely to be completed in the [...] Continue Reading »
