gurgaon

Haryana Government Takes Over 15 Troubled Realty Projects

Haryana’s town and country planning department (DTCP) says it has cancelled the licences of and taken over 15 stalled real estate projects across the state. The step, which comes days after the state-run National Buildings Construction Company (NBCC) was roped in to revive Amrapali’s unfinished projects in Noida, indicates government intervention to rescue troubled real estate projects could no longer...

Godrej Properties cuts net debt by 19% in FY18 to Rs 2,846 crore

Realty firm Godrej PropertiesNSE -2.65 % has cut its net debt by around Rs 650 crore during last fiscal on the back of strong sales bookings and also brought down average borrowing cost by one percentage point. According to an investors presentation, the net debt of Mumbai-based real estate developer has come down to Rs 2,846 crore as on March 31, 2018, from Rs 3,499 at the start of the last fiscal. The...

For Monitor Illegal Constructions- Haryana Use Drones | CsLandTraders

In a bid to check illegal constructions in urban areas, the Haryana government has said that it will take up a pilot project, to monitor constructions with the help of drones. The Haryana government has decided to take the help of drones, to monitor and put an end to all illegal constructions in urban areas and their peripheries. In the first phase to be launched on a pilot project basis, monitoring would...

Growth On Sohna Road.

Sohna Road has emerged as a prime residential location in the Gurgaon market. What makes this location an ideal destination for residential investment is its excellent connectivity with the emerging commercial hub, Golf Course Extension Road and National Highway 8. In the future, the area will be further connected to New Gurgaon through the Southern and Northern Peripheral Roads, which are also emerging...

Gurgaon is a better property destination.

Often called the 'Millennium City', Gurgaon saw demand for new homes slowing for the third consecutive quarter, according to a Bank of America Merrill Lynch report. However, the slowdown in demand had no effect on prices, which rose by an average 4.5 per cent across projects over the three-month period, the report says.

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