Realty major DLF Ltd has sold a penthouse for Rs 271 crore at its upcoming luxury housing project in Gurugram, making it one of the costliest deals in terms of per square feet, according to sources. In October 2024, DLF launched its 17-acre super-luxury housing project 'The Dahlias' at DLF Phase 5 in Gurugram, comprising 420 apartments and penthouses. Sources said the company has sold a penthouse in this project to entrepreneur Manav Sardana, who was associated with Imperial Auto. The penthouse has a 17,200 sq ft super area and a 10,500 sq ft carpet area. On the super area basis, DLF has sold the penthouse at Rs 1.58 lakh per sq ft, while the selling price is nearly Rs 2.6 lakh per sq ft on carpet area, sources said. A DLF spokesperson declined to comment on the sale. DLF is expecting a total revenue of more than Rs 40,000 crore from this project. It has already sold more than 65 per cent of its units so far. The price of an apartment in this project ranges between Rs 100 crore
Waterlogging at major junctions and along the Delhi-Gurugram Expressway disrupted traffic across the city as police appealed for fewer vehicles on the roads
Realty firm M3M India on Thursday said it will invest Rs 600 crore to develop a commercial project in Gurugram. In a statement, the company said it has launched a commercial project, 'M3M Capital Financial Center'. M3M India said it will invest Rs 600 crore to build this project, which is spread across 1.42 acres, comprising 165 units, including 152 premium office spaces, 6 multiplex units and 7 retail units. The project, located at Sector 113, Dwarka Expressway in Gurugram, is expected to be completed by 2029. Gurugram-based M3M Group has two real estate companies - M3M India Pvt Ltd and Smartworld Developers Ltd. The Group develops residential, commercial and mixed-use projects in North India. Earlier this month, M3M Group said it will invest Rs 10,000 crore this financial year on construction and land acquisition as part of its expansion plan. "We are focusing on delivery of projects. At present, there is more than 30 million sq ft of area under construction across various ...
Gurugram is likely to record its first 100 mm-plus rainfall event as heavy rain batters Delhi-NCR. The IMD has issued a red alert, warning of severe waterlogging, thunderstorms and strong winds
Gurugram added 21 million sq ft of office space and recorded 40 million sq ft of leasing since 2021, while CBRE expects total stock to reach up to 125 million sq ft by 2030
Payoneer to hire 300 engineers by end-2026 as India GCC becomes its second-largest global tech and R&D hub
The Mumbai-based developer said its Gurugram luxury project, Three Sixty North, recorded bookings for about 2.31 million square feet of saleable area
The Gurugram-based developer will invest Rs 7,200 crore in construction and Rs 2,500 crore in land acquisition as it expands its project pipeline and branded housing portfolio
India will host the 11th BRICS Energy Ministers' Meeting under its 2026 Chairship, focusing on energy security, sustainability, innovation and universal access to energy
Developer launches Rs 1,100-crore Tulip Melrose project on Southern Peripheral Road as part of a larger luxury housing expansion plan
The acquisition adds to a series of high-value transactions at DLF's super-luxury Gurugram project, where prices have risen sharply since launch
Vietnamese mobility firm expands workspace footprint as it scales its all-electric taxi service, with plans to add more facilities across the Delhi-NCR region
The lease includes a 15 per cent rent escalation every three years, the documents registered in April 2026 showed
HSIIDC has identified a 6.7-acre plot in Haryana's Global City project for a proposed 620-700 metre mixed-use tower that could become India's tallest building
According to transaction documents accessed by Propstack, the lease commenced on October 1, 2025, at a rental rate of ₹132.5 per square foot per month
Singapore-listed Thakral Corporation Limited has completed the acquisition of an additional 81.6-per cent stake in TIL Investments Private Limited for SGD 93.9 million, bringing its total ownership in the 21-acre Gurugram mixed-use healthcare-led development to 95.3 per cent. The acquisition, completed through Thakral's wholly-owned subsidiary, Paramount Investments Pte Limited (PIPL), follows shareholders' approval at the Extraordinary General Meeting held on April 30. It was announced on Thursday. The increased ownership gives Thakral full strategic control over the 21-acre site with development potential of more than 2.5 million sq. ft in New Gurugram, one of India's leading real estate markets. Gurugram is the primary office hub within Delhi-NCR, accounting for 62 per cent of total office leasing in the region, and is a preferred destination for multinational and Fortune 500 companies. The city has an active luxury-housing market, with strong interest from national developers, a
Cyber city faced a major power outage on Friday evening as the electricity grid collapsed after the main transformer at the 220 KVA substation in Sector 72 blew up, an official said. The sudden blackout, amid sweltering heat, caused widespread discomfort across households and major disruptions at commercial establishments. The Rapid Metro service was disrupted for nearly an hour due to the power outage. "Due to power supply failure from Sec 72 substation of HVPNL in Gurugram, which feeds power to Rapid Metro, Gurugram, and the Gurugram section of the Yellow Line, train services were not available from 7:50 pm to 8:33 pm in Rapid Metro," a DMRC spokesperson said. However, services on the Yellow Line were regulated through standby substation and were running normal during this period. Normal services on Rapid Metro were restarted once power supply was restored by HVPNL through the Sector 72 substation, the official added.
Tata Projects will execute construction work for three luxury residential developments by Godrej Properties along Gurugram's Golf Course Road
Logistics firm Nissin ABC has leased 3.85 lakh sq ft of warehouse space near Gurugram for five years amid rising demand for logistics assets
Realty firm expects stronger sales momentum from branded residential projects and existing inventory in Gurugram during FY27