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..
We have a future pipeline of 28.4 MNSF saleable area
By FY2025-26, NCR-based real-estate firm Signature Global aims to complete and deliver over 17 million sq ft of space across 28 different projects in Gurugram and Sohna with a projected revenue of Rs.110 billion. Its portfolio comprises 23 housing projects and five commercial and retail projects, with a focus on the mid-income and affordable segments. Next fiscal, the company is planning to launch projects in the premium housing segment spread across 8-10 million sq ft with a revenue potential of over Rs.120 billion. What is behind the company’s shift from affordable housing to premium proje..
GMDA to Test Utilities Along Dwarka Expressway
The Gurugram Metropolitan Development Authority (GMDA) has launched testing procedures for utilities along the Dwarka Expressway. This proactive step aims to ensure the reliability and efficiency of essential services infrastructure along the crucial roadway, fostering smooth operations and enhancing convenience for residents and commuters.
The testing of utilities on the Dwarka Expressway underscores GMDA's commitment to comprehensive infrastructure development and maintenance. By assessing the functionality and condition of utilities such as water supply, drainage, electricity, and te..
GIS mapping of all National Highways to be completed soon
The government announced its intention to complete GIS mapping of all National Highways with the aim of enhancing planning, execution, and monitoring processes.
It was conveyed by the Ministry of Road Transport and Highways (MORTH) that project implementing units of various agencies, including the National Highways Authority of India (NHAI), Border Roads Organisation (BRO), and National Highways and Infrastructure Development Corporation Ltd (NHIDCL), were instructed to indicate their jurisdiction on a dashboard.
The primary goal of this standard operating procedure (SOP) was t..
Highway Construction Accelerates Despite Election Season
Highway construction in India has not slowed down during the current election season, according to officials. Instead, there has been a noticeable acceleration in road infrastructure projects across the country.
Authorities highlight that the construction momentum has been maintained despite the electoral activities, underscoring the government's commitment to advancing infrastructure development. This proactive approach aims to enhance connectivity, facilitate economic growth, and improve transportation efficiency nationwide.
The surge in highway construction activity reflects s..