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Gurgaon

Delhi/NCR: HDFC set to open its first school in Gurgaon

Delhi/NCR: HDFC set to open its first school in Gurgaon
In a move which underscores India’s bigwig housing finance firm HDFC’s foray in the education arena, the company is apparently set to launch its first school in Gurgaon this week. The school will be an English medium institution, and will be affiliated to CBSE. Scheduled to become functional from the next academic session (2015-16), the [...] Continue Reading »

PE funds are buying residential apartments in bulk at a steep discount to market prices

PE funds are buying residential apartments in bulk at a steep discount to market prices
Private equity (PE) firm Milestone Capital Advisors Ltd is all set to buy apartments in bulk in Assotech Realty Pvt. Ltd’s project in Gurgaon. The funding for this purchase will be done with an element of structured debt. This investment is one of the last couple of deals that remains to be done from Milestone Domestic [...] Continue Reading »

Civic body of Gurgaon makes all finalisations of underpass plans

Civic body of Gurgaon makes all finalisations of underpass plans
The Municipal Corporation has recently come to a conclusion that it would like to establish underpasses. This will be located at IFFCO Chowk, Rajiv Chowk and the intersection of Signature Tower. The civic body has made up its mind the final model would be based on rotary. Several features would be included in. They are [...] Continue Reading »

The Gurgaon Jaipur Highway Developer to be replaced soon

The Gurgaon Jaipur Highway Developer to be replaced soon
Because of the very poor performance, the Gurgaon Jaipur Highway will be replaced by the month of August. The Highway ministry officials mentioned that the government will take up the project from the developer just in case there is failure incurred on behalf of the bank to substitute the current contractor. In order to solve [...] Continue Reading »

While 6 plots go to 10, Janpath; 44 of HUDA plots go to 24, Akbar Road

While 6 plots go to 10, Janpath; 44 of HUDA plots go to 24, Akbar Road
Out of all the benefits provided by the Haryana Urban Development Authority scheme or quota, there were almost 44 of them who gave the same address which is 24, Akbar Road. This place happens to be the same as the headquarters of the Congress at New Delhi. There were 6 others too who gave their [...] Continue Reading »

Huda City Centre line of Delhi Metro to extend up to Manesar

Huda City Centre line of Delhi Metro to extend up to Manesar
The official said the detailed project report (DPR) for the extension will be ready in another six months, a senior official of the Haryana government said. Once the DPR is ready, the Haryana government will approach the Centre for project approval. It will run alongside the northern and the southern peripheral roads, which are around [...] Continue Reading »

Haryana government questioned over Reliance SEZ by HC

Haryana government questioned over Reliance SEZ by HC
While taking back nearly 1,400 acres of land allotted for developing one of the country’s biggest special economic zones (SEZs) under the public-private partnership or PPP model the Punjab and Haryana High Court has questioned the Haryana government for taking no action against Reliance Industries BSE -0.26 % Ltd ( RILBSE -0.26 %) The state [...] Continue Reading »

Soon after polls realty sector unlikely to revive

Soon after polls realty sector unlikely to revive
After the new government takes charge the lackluster real estate sector is unlikely to revive soon. For concrete signs of revival experts are looking at a timeframe of anything between 12 and 18 months from the time of the new government. That too is conditional. An upswing in the realty sector will be possible only [...] Continue Reading »

Essel to raise Rs 1,700 cr via 2 realty-focused funds

Essel to raise Rs 1,700 cr via 2 realty-focused funds
Essel Financial Advisors and Managers (EFAM), the private equity arm of Essel Finance, is making two real estate-focused funds – a domestic fund of Rs 500 crore and a foreign fund of $200 million (Rs 1,200 crore).The focus of both the funds will be on investing in residential projects in top six cities in the [...] Continue Reading »

Godrej Properties planning to enter Noida real estate market

Godrej Properties planning to enter Noida real estate market
According to a top official at the company, Godrej Properties Ltd is looking for a partner to develop a housing project and is keen on entering the Noida real estate market. in joint venture with land owners, The real estate arm of the Godrej group is budding 3 premium housing projects in Gurgaon and not [...] Continue Reading »



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