The Real(ty) Snips: Wednesday Roundup
The Real(ty) Snips: Wednesday Roundup. Your inside track to the latest Delhi NCR real estate landscape from KnowbleR.
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Elan Group Awards ?500 Crore Contract to Leighton Asia for Gurugram Mall
Elan Group has awarded a ?500 crore contract to Leighton Asia for the construction of a premium mall in Gurugram. The project, part of a larger mixed-use development, will span 1.3 million sq ft and feature high-end retail spaces. This significant investment highlights the growing demand for luxury retail experiences in Gurugram and reinforces the city's position as a key commercial hub in the National Capital Region.
Godrej Properties Eyes Tier-II Cities, Aims to Deliver 15 Million Sq Ft in FY25
Godrej Properties plans to expand into tier-II cities while targeting delivery of 15 million square feet in FY25. The company's CEO highlighted strong demand in markets like Pune, Bengaluru, and Mumbai, with a focus on both affordable and luxury segments. This strategy aims to capitalize on growing real estate opportunities in smaller cities while maintaining a strong presence in major markets, reflecting Godrej's ambitious growth plans in India's diverse property sector.
Ghaziabad Considers Orbital Rail to Link Haryana, Noida, Greater Noida
The Ghaziabad Development Authority (GDA) is conducting a feasibility study for an orbital rail project that would connect Haryana, Noida, and Greater Noida. This ambitious plan aims to enhance regional connectivity in the National Capital Region. The proposed rail network could significantly improve public transportation, reduce traffic congestion, and boost economic integration among these rapidly developing areas. The study's outcomes will determine the project's viability and potential implementation.
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Senior Vice President at CreditSutra | Leading collaborations for comprehensive funding solutions
5 个月Great insights. Thank you for sharing the updates