Author: PropertyXpo

Intending to have a de-congestion road, National Highway Authority of India decided to introduce a mandatory Left turn at Cyber Hub for commuters heading towards Udhyog Vihar as soon as elevated U-turn at the intersection turns out to be fully operational and that would be most probably by the end of April. One of the NHAI Officers informed that commuters would take the elevated U-Turn which would necessarily reduce the traffic congestion at Shankar Chowk. Another piece of information was Continue Reading

DLF, a renowned name in real estate has leased 2 lakh sq. ft of office space in Gurgaon’s Cybercity to Facebook. People who were well aware of the development told that the office space that has currently been taken by Facebook was leased only after another company vacated the building situated at National Highway 8. A senior executive stated that the space has been taken at DLF Atria, on NH8. The average rental in the area per month is Rs Continue Reading

The listed arm of IndiaBulls Group, known as Indiabulls Real Estate has decided to merge with a Bengaluru based realty embassy that is unlisted. After having a successful merger, global private equity major Blackstone would imbibe $200 million to its existence. The deal was sealed and the merged entity would be controlled by Jitu Virwani, the promoter. Sameer Gehlaut, the promoter of Indiabulls would be designated as the passive shareholder. With the emergence of this merger, Indiabulls Group will take Continue Reading

What could you expect from the city like Gurgaon that offers you a number of opportunities and employment? The number of opportunities is directly proportional to the number of people grabbing those opportunities. If people are more, it is obvious that the city would be buzzing with honk and horns, filling the roads that lead them to somewhere or the other. The best way you could get out of that buzzing road is to take a highway. To your surprise, Continue Reading