Godrej Properties Wins Bid for Luxury Housing Plots in Gurugram

Godrej Properties Ltd. has secured two premium group housing plots in Gurugram through an e-auction by Haryana Shehri Vikas Pradhikaran (HSVP). The plots, one measuring 3.6 acres on Golf Course Road and the other 1.97 acres in Sector 39, have a combined bid value of INR 515 crore. They offer over 1 million square feet of development potential and an estimated revenue exceeding INR 3,400 crore. This acquisition expands GPL’s NCR portfolio, with four major projects now estimated to generate over USD 1 billion in revenue.

Urban Development Ministry Unveils Updated Guidelines for Green Building Certifications

New Delhi, August 28, 2024 — The Ministry of Urban Development has…

Cabinet Approves Rs 28,602 Crore Plan for 12 New Industrial Smart Cities to Boost Economic Growth

The Indian Cabinet has greenlit a transformative initiative to develop 12 industrial…

Surge in Green Office Spaces: Bengaluru and Mumbai Lead as Demand Soars in H1 2024

The demand for green-certified office spaces in India has reached unprecedented levels,…

Union Cabinet Approves PMAY-U 2.0: ₹10 Lakh Crore Boost for Urban Housing

In a landmark decision, the Union Cabinet, led by Hon’ble Prime Minister…