Category: Article

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

After staying in pessimistic zone for two consecutive quarters, the 23rd Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q4 2019 survey revealed the current real estate sentiment to have revived in the country and is in the optimistic zone of 53 in the October to December quarter of 2019 (Q4 2019). The Real Estate Sentiment Index conducted by Knight Frank FICCI NAREDCO is based on a quarterly survey of key supply-side stakeholders which include developers, private equity funds, banks and Non-Banking Continue Reading

According to the sources, it has been confirmed that the Road Transport Minister, Nitin Gadkari asked NHAI authorities to take up “Delhi-Mumbai Expressway” project on priority so that logistic movements between Delhi to Mumbai could not be hampered. The project initiated on 8 March 2019. Nitin Gadkari confirmed that a deadline has been set for this project which would be 26 January 2023. The minister added that for him this project would be as prestigious as Mumbai-Pune expressway. An NHAI Continue Reading