Blogs

Vatika India Next township purchasers protest as homes are delayed

Recently, a group of homebuyers and residents of the Vatika India Next township protested against the developer. While homebuyers grumbled about delays in receiving their units, inhabitants in the 700-acre township stretched across sectors 82, 82A, 83, 84, and 85 complained about a lack of amenities.

Real Estate News, ET reports that Sobha made a net profit of Rs 48.3 crore in the second quarter of FY21.

For the quarter ended September 2021, Sobha's consolidated net profit increased by 198%. As per BSE filing, in Q2 FY21, the company reported a profit after tax (PAT) of Rs 48.30 crore, up from Rs 16.20 crore in the previous fiscal quarter.In the previous financial year's similar period, sales bookings totalled Rs 2,605 crore.

Godrej Properties is rising as sales bookings increased by 18% in the first half of FY21

During the April-September 2021 period, the real estate firm's sales bookings increased 18% to Rs 3,072 crore, owing to increased demand for its residential homes in Delhi-NCR. In the previous financial year's similar period, sales bookings totalled Rs 2,605 crore.

DLF will add six retail hubs to its portfolio, totalling 2.3 million square feet

As part of its expansion plan, DLF said recently that it would build six new retail locations across critical cities totalling 2.3 million square feet. It would also open two office retail locations in Chennai and Gurugram, dubbed The Hub and Cyber Park.

Possession of the NCDRC flat is still incomplete – Builders cannot force to take possession

The National Consumer Disputes Redressal Commission has ruled that to take hold of a not entirely constructed flat, a builder cannot force a homebuyer. The local authority has issued no completion certificate and that doing so is an unfair trade practice.

Gurgaon Population Expected to Reach 69 Lakhs by the end of 2031

Gurgaon is currently one of the most happening and developing cities when it comes to the infrastructure part.According to a government forecast, the population of the Gurgaon district will rise significantly in the following 15 years and can reach 69 lakhs in 2031

Rs 155 crore profit Posted by Puravankara in June quarter 2021-22

Puravankara Ltd, a real estate developer, recorded a net profit of Rs 155 crore for the June quarter 2021-22 and named Abhishek Nirankar Kapoor as its new CEO on Friday. It recorded a net loss of Rs 17 crore in the previous financial year.

Brookfield leases out nearly two lakh sq. ft in Equinox near Mumbai to FTSF

Although the real estate developer did not specify which products would face a price increase, it did say that the increase will be more minor than 5% in the current fiscal year.

DLF To Increase Prices Across Residential Products Portfolio

Although the real estate developer did not specify which products would face a price increase, it did say that the increase will be more minor than 5% in the current fiscal year.

Is there no effect from COVID-19? Inflows of private equity in the Indian real estate sector are expected to reach $5 billion by 2021.

Despite COVID-19, overall estimated private equity inflows into the Indian real estate market are expected to hit $5 billion in 2021, up 4.1 percent from 2020, according to Colliers recent report Investments Turbocharged with a Focus on Alternative Asset Classes.

Elan Paradise Sector 50 Gurgaon

Elan Group is one of India's most renowned, reliable, and swiftly expanding real domain enterprises. With its targeted developments in the last four years – Mercado, Elan Town Centre, and Elan Miracle – the group has been a big change factor in the Indian

PM Modi Instructs the Road Transport Minister to Complete the Dwarka Expressway By 2022

The Indian Prime Minister, Narendra Modi has directed the road and transport ministry to complete Dwarka Expressway's project by the end of September 2022. The expressway project is the 8-lane access that had come up for review in the last meeting –

8 Million Sq Ft coming up by DLF in Central Delhi

Delhi, the national capital of the country, is a hub of real estate investments. This is because firstly there is ample amount of space in terms of area. When it comes to residential housing, more and more people look forward to staying in Delhi due to the state's different amenities.

Elan Group's latest commercial launch at Sector 66 Gurgaon

Elan Group, a real estate property company, purchased 4 acres of land for approximately Rs 100 crores in Gurugram to build a high-end commercial project. After securing all regulatory approvals from government authorities, the developer based in Gurugram plans to launch this business project by the end of this year.

Haryana Cabinet approves improvements in policy on affordable housing.

Haryana Cabinet has finally approved of the multiple improvements which were required in the affordable housing policy.

DLF's rental arm to buy Hines' stake in One Horizon Centre for Rs 780 crore

On Friday, Realty's major DLF announced that its Rental arm DCCDL has agreed to acquire Rs 780 crore holdings of US-based Hines in a premium Gurugram commercial project. Look out for more on this thread.

DLF Midtown – Joint Venture between DLF and GIC to Develop Residential Project in Moti Nagar New Delhi

DLF, the leading real estate builder in India and Sovereign Wealth Fund GIC from Singapore, has invested around 1250 Cr,...

Elan Miracle - The Best Commercial Project In Gurgaon

Elan Miracle is a project undertaken by our leaders and esteemed workers at Elan Group. Elan Miracle is a shopping mall in Gurgaon, Haryana. This project brings the people a combination,...

Elan Town Center - Shops And Offices And Multiplexes

Elan Town Center is a real estate agency in Gurgaon. It is a commercial project undertaken by Elan Group. Elan Town Center is one of the most sought after destinations when it comes to retail,...

6 Key Components That Make Elan Mercado Your Worthy Construction Builders

Food, cloth, and shelter are the indispensable parts of human life. In this modern era, the concept of shelter has grown in various aspects,...

Elan Nirvana Upcoming Commercial Project In Sector 50 Gurgaon

Elan Nirvana Country Sector 50 Gurgaon will be Conceptualised by the Renowned Architect UHA London, Which will boasts the best of Luxury Attributes Inside the project....

The pall of happiness between DLF and GIC Joint Venture

The development of real estate has been in rampant stages for the regions in Delhi NCR. One can witness several buildings of the Indian giant, DLF, sprawling across lanes and streets. The brand value of DLF is such that every residential or commercial project goes directly under its belt and takes the shape of the perfect...

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