Breaking all previous records, NBCC has achieved an unprecedented milestone by crossing an operational income of Rs 10,400 Cr., marking a new era of success and growth. This remarkable achievement underscores NBCC’s commitment to excellence and resilience in navigating challenges, propelling the company to new heights of financial prowess and market leadership. The company reported…
Wave City, the first operational Hi-tech city in North India, celebrated 75th Republic Day with great fervour at its Sales Pavilion. The occasion was graced by C J Singh, COO, Wave City along with other employees. Wave City is a well secured gated community which is guarded by 500+ security personnel. To make this occasion…
Godrej Properties Ltd. (GPL), a prominent real estate developer in India, has secured the position of the highest bidder and obtained the Letter of Intent for the development of two group housing plots in the esteemed Golf Course Road micro-market. The auction, conducted by the Haryana Shehri Vikas Pradhikaran (HSVP) through e-auction, has granted Godrej…
Wave City, the pioneering Hi-tech City in North India, has announced a substantial investment of approximately Rs 10 crore in AI technology. The objective is to enhance the amenities and security features provided to its residents. This investment is expected to establish a new standard in the real estate industry, offering homebuyers futuristic amenities and…
The commercial office space market in the top 7 cities had a mixed performance in FY 2023, with the first half outperforming the second half. Recent data from ANAROCK Research reveals that Hyderabad surpassed Bengaluru with the highest influx of new office supply in FY 23. In FY 23, Hyderabad received approximately 14.94 million square…
Real estate developer Ashiana Housing has achieved a remarkable feat by selling out all 224 units of its newly launched Ashiana Amarah Phase 2 project in just three days. The real estate developer, based in New Delhi and listed on the NSE and BSE, announced the sell-out of the kid-centric project located in Gurgaon’s Sector…
According to a report by CII-ANAROCK titled “The Housing Market Boom,” 45% of property seekers in NCR and 32% in MMR are inclined to purchase 3BHKs. The report revealed that 52% of participating property investors were millennials, highlighting that millennials continue to drive housing demand. The end-user-investor ratio stands at 71:29, and over 77% of…
According to ANAROCK Research, the inventory overhang in the top 7 cities in India fell to a record low of 20 months by the end of Q1 2023, down from 42 months in Q1 2018, marking a five-year low. By Q1 2020, the top 7 cities had seen the highest inventory overhang of 55 months….
Ministry of Housing and Urban Affairs organised a campaign to recognise and celebrate the transition to women-led sanitation from women in sanitation. To celebrate this it organised a series of events and activities across cities. It particularly also aimed at making the Garbage Free Cities mission a success. The 3-week campaign culminated in a Swachhotsav…
A skilling project launched by Housing and Urban Affairs, called the National Initiative for Promoting Upskilling of Nirman Workers (NIPUN), has successfully progressed. For this NAREDCO organized training programs for the construction workers engaged in common central secretariat building project 1,2 and 3 of the of the central vista project. It’s being developed by L&T….
