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Ingka Centre to open city centres
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First IKEA mall to be set up in Gurgaon at Rs 3,500 crore
Ingka Centres, which includes IKEA Retail and Ingka Investments, told the media that the company is planning to set up an IKEA mall in Gurgaon with an estimated cost of around Rs 3,500 crore.
The company said that the project construction will begin in 2022 and is expected to generate over 2,500 job opportunities in India. The development with a GBA of about 130,000 sq metres will complement its plan for Noida. The new place will set the standard for the generation of sustainable mixed-use destinations, entertainment and retail in one of the world's fastest-growing markets.
DLF Launches Luxury Project in Gurugram
DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.
The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the stron..
Migsun Group Plans Rs 5 Bn Investment in Greater Noida Projects
Migsun Group, a prominent real estate developer, has unveiled plans to invest Rs 500 crore in four new projects located in Greater Noida. This initiative is part of the company's strategic efforts to enhance its presence and contribute to the burgeoning real estate sector in the region.
The investment will be directed towards the development of residential and commercial properties, aimed at meeting the increasing demand for quality real estate in Greater Noida. These projects are expected to not only expand Migsun Group's portfolio but also generate employment opportunities and stimul..
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