Godrej Summit, a residential development in Gurugram by Godrej Properties Ltd is now facing quality and structural safety issues. This is not the first time Gurugram is witnessing major quality issues in its high-rise buildings. The situation came to light after an independent assessment of the project by an external…
Godrej Properties, the real estate arm of the renowned business conglomerate Godrej Group, has acquired two plots in Gurugram for around Rs 900 crore. The company aims to develop luxury housing projects on these plots, targeting a sales revenue of Rs 3,100 crore after development of the land parcels. The…
Experion Developers (EDPL), a real estate developer backed by Singapore’s Experion Holdings, has recently made significant land acquisitions in the National Capital Region (NCR) for residential and commercial development. The company secured three land parcels through government auctions, amounting to a staggering Rs 1,100 crore, it said in July 2023….
Hero Realty has successfully sold all 77 plots in its recently launched project in Gurugram, generating a revenue of approximately ₹180 crore. The developer confirmed that every plot was sold on the project’s launch day, which took place on June 29, 2023. The selling prices for these plots began at…
Affordable housing, or low-cost homes, is gradually gaining pace in India. Anuj Puri, Chairman, ANAROCK Property Consultants real estate brokerage company, takes a look at the Indian real estate market in terms of low-cost affordable homes. The massive gap of affordable housing has drawn the Government of India’s focused attention…