Realty firm County Group will invest Rs 1,800 crore to develop a housing project in Ghaziabad as part of its expansion plan. The company has launched new project 'Jade County', which is spread over 13.33 acres, comprising around 1,000 units. In a statement on Wednesday, County Group said that it has bought this land parcel in Wave Group's large township 'Wave City' for Rs 400 crore. The total saleable area in this project will be 30 lakh square feet. The "total investment outlay will be Rs 1,800 crore", it added. Amit Modi, Director at County Group, said the project is strategically located in Wave City along the NH24 corridor. "With swift connectivity to Delhi, Noida, and Greater Noida, and backed by infrastructure upgrades like the Delhi-Meerut Expressway and Hindon Airport, the region is fast becoming a preferred destination for premium living," he said. County Group has delivered nearly 18 million sq ft of real estate space across various projects in Delhi-NCR. It is currentl
Realty firm Signature Global will invest around Rs 4,000 crore this fiscal to acquire land parcels and carry out construction activities in its housing projects at Gurugram, a top company official said on Monday. In an interview with PTI, Signature Global Chairman Pradeep Kumar Aggarwal said the company had invested Rs 1,070 crore last fiscal year to purchase 48-acre land in Gurugram, Haryana. "Land is an important raw material for real estate developers. We will be investing around Rs 1,200-1,500 crore on the acquisition of land parcels," he said. The company is looking for lands in the Delhi-NCR market to expand its business, Aggarwal noted. "Housing demand continues to be strong from end-users as well as investors. There is a mismatch of demand-supply," he said. Asked about construction spend, Aggarwal said the investment in construction activities would be around Rs 2,500 crore in 2025-26 against Rs 1,900 crore in the preceding fiscal. He highlighted that the company perform
Residents of Madrasi Camp in Delhi's Jangpura were suddenly displaced as authorities demolished the 60-yr-old settlement. Meanwhile, their employers kept calling, asking why they missed work that day
Realty firm Godrej Properties Ltd has acquired a 14-acre land in Pune to develop a housing project with a revenue potential of Rs 4,200 crore as part of its expansion plan. In a regulatory filing on Monday, Godrej Properties said it will develop the 14-acre land parcel in Kharadi - Wagholi, Pune. The development on this land will comprise primarily premium group housing. "The project will have a developable potential of 3.7 million square feet with an estimated revenue potential of Rs 4,200 crore," the company said. Gaurav Pandey, MD & CEO, Godrej Properties, said, "Kharadi - Wagholi is one of the most sought-after destinations in Pune, and we are happy to mark our entry into this micro market. This further enhances our presence in Pune and fits within our strategy of strengthening our presence across key micro-markets in India." "We will aim to build a high-quality development that creates long-term value for its residents," Pandey said. Mumbai-based Godrej Properties is one of
Heavy rains, thunderstorms, and gusty winds up to 70 kmph are forecast for Thursday night
The villa rental platform, with a leisure-city portfolio target of 80:20, enters metro markets and aims to expand in Delhi-NCR, Pune, Mumbai and Bengaluru
The city recorded a minimum temperature of 26.4 degrees Celsius on Friday with the weather department forecasting rain and thunderstorm. The relative humidity was recorded at 69 per cent at 8.30 am, according to the India Meteorological Department (IMD). The maximum temperature is expected to touch 37 degrees Celsius. Delhi's air quality improved and was recorded in the 'satisfactory' category with a reading of 96. According to the Central Pollution Control Board (CPCB), an AQI between zero and 50 is considered 'good', 51 and 100 'satisfactory', 101 and 200 'moderate', 201 and 300 'poor', 301 and 400 'very poor', and 401 and 500 'severe'.
A deadly thunderstorm swept through Delhi-NCR, killing at least six and injuring many. The storm caused massive damage, flight disruptions, & a close call for over 200 passengers on an IndiGo flight.
A 22-year-old youth and a person with disability died, while at least 11 were injured, in separate rain-related incidents in the national capital Wednesday evening, police said. Around 7.50 pm, a high-beam electricity pole collapsed during a thunderstorm near the Lodhi Road flyover in southeast Delhi, close to the Nizamuddin area. The pole fell in the middle of the road, hitting the disabled man who was passing by on a tricycle. "He was rushed to Safdarjung Hospital in an ambulance but was declared brought dead," a police officer said. The identity of the man is being ascertained. According to an eyewitness, the wind was so strong that even trees and poles swayed dangerously. Suddenly, the electric pole snapped and fell, crushing the man beneath it. In another incident, a 22-year-old man died after a tree fell on him and two motorcycles in northeast Delhi's Gokulpuri area around 8.15 pm. Azhar, a resident of Vijay Mohalla in Maujpur, was critically injured and rushed to GTB Hospi
Delhi government on Wednesday revoked its order cancelling leaves of its officials in the wake of the military conflict with Pakistan earlier this month. The services department of Delhi government said it's previous order dated May 8 cancelling all leaves of officers/officials stands withdrawn with immediate effect. In its May 8 order, the department cancelled leaves of all Delhi government employees until further orders to prepare for any emergency situation arising out of the hostilities between India and Pakistan following Operation Sindoor. The situation, however, improved after a few days as the two countries on May 10 decided to halt the military action with immediate effect. Indian armed forces hit nine terror camps in Pakistan and Pakistan-occupied Kashmir on May 7 under the codename Operation Sindoor, India's response to the April 22 Pahalgam terror attack that killed 26 people, mostly tourists.
According to the proposal, the corridor will begin in Gurugram, with the first station near IFFCO Chowk at Sector 29 on the Delhi-Jaipur highway
Strong winds and dust swept through Noida, shattering windows, collapsing doors, and lifting a shop into the air in a viral video from JP Aman Society in Sector 151
The decision was a comprehensive review by the CAQM Sub-Committee, which convened on May 16 at 4:00 PM. The committee assessed the persistent poor air quality conditions in Delhi
A thick blanket of dust covered Delhi-NCR reducing visibility disrupting commutes, while IMD tracked a potential Cyclone Shakti likely to form over the Andaman Sea
With high joining costs and daily rentals payable, former BluSmart drivers say they simply can't afford joining most other platforms
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Curefoods now holds national rights to Krispy Kreme and has entered North India with 11 new outlets in Delhi NCR, planning further expansion into western markets
Delhi's big emergency drill, "Operation Abhyaas," will be held on Wednesday to prepare residents for air-raid warnings, blackouts, and more
The ED on Monday said it attached hundreds of acres of land and unsold real estate inventory in Delhi-NCR, apart from some residential units in Goa, worth Rs 2,348 crore as part of a money-laundering investigation against realty group WTC Faridabad Infrastructure Private Limited and other WTC Group entities. The federal probe agency issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA) to attach these properties. The action has been taken in "a massive real estate fraud involving WTC Faridabad Infrastructure Private Limited and other entities of the WTC Group, headed by Ashish Bhalla", the Enforcement Directorate (ED) said. The attached assets include about 159 acres of licensed and unlicensed land, along with unsold real estate inventory across Delhi, Gurugram, Faridabad and Noida, as well as residential properties in Goa and commercial premises in Delhi-NCR, it said. These assets are worth Rs 2,348 crore, the agency said. The money-laundering
Delhi Chief Minister Rekha Gupta termed the pre-monsoon showers on Friday a warning sign for the capital's crumbling infrastructure, blaming it on the "decade-long development backlog" created by the previous AAP government. Taking a dig at Arvind Kejriwal, she said the AAP chief was oblivious to the problems of waterlogging and broken trees as he would be busy with his "sound-proof" sleep in the "Sheesh Mahal" -- a term the BJP gave to the former chief minister's official residence accusing it of unnecessary opulence. Gupta who visited Majnu Ka Tila area following heavy rainfall in the city stressed the need for planned urban growth to prevent such recurring crises. The city was hit by waterlogging and traffic disruptions, many due to fallen trees due to the early morning rain and storm on Friday. A house collapse in Najafgarh killed a woman and her three children as many busy road stretches, including Minto Bridge and ITO, were waterlogged, causing heavy traffic jams. The chief