Devx coworking space
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Devx A Coworking Space Developer, Has Declared Its Launch Into Noida

Devx coworking space provider, has confirmed its expansion into Noida.DevX declared its arrival in Noida with a 1,50,000-square-foot, 2000-seat facility. Distributed throughout two micro markets. The first is in Noida’s corporate district, at Sector 62, Logix Cyber Park, and the second is ideally positioned on Sector 125 Expressway, just after DND. Within the next year, DevX will build an extra 2 lakh square feet. DevX intends to invest Rs 60 crore to quadruple its India portfolio to further develop its Continue Reading

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HDFC Bank
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HDFC Bank To Raise $750 Million In Offshore Debt To Lend For Low-Cost Housing

Housing Development Finance Corporation (HDFC) plans to raise $750 million in what will most likely be its final external commercial financing even before the mortgage lenders’ projected unification with HDFC Bank. The funds will be utilised to make loans to customers of low-cost homes. The five-year credit line is being syndicated by a group of institutions that includes Mizuho Bank, MUFG, and Standard Chartered Bank. The realm of international banks may grow in the future. The loan could be priced Continue Reading

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India Home Sales Will Reach a Nine-Year High in 2022, According To Knight Frank

In the top eight cities in the country, residential space increased by 60% yearly over the time, from 99,416 housing units in the first half of 2021 to 158,705 housing units now. According to global real estate consulting company Knight Frank, which has its London headquarters, India’s residential real estate market saw sales volume reach a 9-year high during the first half of 2022 (January-June). In the top eight cities in the country, residential property in gurgaon increased by 60% Continue Reading

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HSIIDC
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150- Acre Land in Gurgaon To Be Auctioned by Haryana Government For The First Phase of the Global City.

Managing director of Haryana State Industrial and Infrastructure Development Corporation (HSIIDC, Mr. Vikas Gupta said that the government is chalking out a plan to invest Rs. 4800 crores in order to build infrastructure for the global city.  A series of consultations were held by the Chief Minister of Haryana, Manohar Lal Khattar with developers of Delhi NCR, Bangalore, and Mumbai to develop a Global City on the 1003 acres of land located near Dwarka Express in Gurugram.   Mr. Vikas Gupta Continue Reading

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DLF-Promenade-Mall-Delhi
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DLF To Expand Delhi Vasant Kunj Mall(DLF Promenade) with an investment of Rs.200 crores.

The real estate developer is planning to develop 3000 to 4000 square feet of area as a luxury retail, next to DLF Promenade. According to a senior executive, DLF has planned to invest Rs. 200 crores, to enlarge its mall located at Vasant Kunj, in the country’s capital. The developer will soon apply to the Delhi Development Authority (DDA) for approvals. The executive said that after covid, demand for luxury retail has grown. The surplus space will help the developer Continue Reading

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