Page 14 - Gurugram

Co-living operator Settl. to open 4 new centres in Gurugram by next month

Co-living operator Settl. will soon open four new centres, with a total capacity of about 300 beds, in Gurugram to cater to the rising demand of rental accommodations from working professionals. Settl. already has seven operational co-living properties with about 700 beds in Gurugram, the Bengaluru-based firm said in a statement. That apart, the company currently has 1,200 beds in Bengaluru and 300 beds in Hyderabad, taking the total beds to 2,200 across these three cities. Settl. said it is looking for more properties in Delhi-NCR and plans to launch 1,500 more beds during this fiscal. "The rising demand for managed rented co-living accommodation is a testament to the need for community living and convenience," Settl. Co-Founder Bharath Bhaskar said. "In metro cities like Gurugram and Noida where millennials are the driving force behind the economy, co-living spaces are emerging as the preferred choice for those seeking a seamless living experience," he said. In the four new ...

NHRC issues notices to Hry govt, Gurugram municipality over sewer death

The National Human Rights Commission has issued notices to the Haryana government, the Gurugram Police and the Municipal Corporation of Gurugram after the decomposed body of a man was pulled out from an open sewer. Taking suo motu cognisance of a media report, the commission said it is issuing the notices "over the reported death of the man after falling into a open sewer in Gurugram". The National Human Rights Commission (NHRC) said Badshahpur police personnel received information on April 20 that foul smell was coming out from an open sewer manhole near the Vatika Chowk area on Sohna Road. When a police team reached there, they spotted a body inside the sewer, it said. The decomposed body was taken out by a fire brigade team from the 10-feet-deep sewer, it said and added that a laptop bag, a mobile phone and a power bank were also recovered. Reportedly, the documents in the bag suggested that he belonged to Mathura in Uttar Pradesh, the commission said. SHO Badshahpur police sta

Haryana reports 1,348 new Covid-19 cases, active tally reaches 5,468

Haryana on Friday reported 1,348 fresh coronavirus cases, over half of them from Gurugram and Faridabad, the two districts in the National Capital Region which have been fuelling the current surge in infections in the state. According to the state health department's bulletin, out of total fresh Covid infections, Gurugram reported 598 cases followed by 159 in Faridabad. Among other Haryana districts, Rohtak and Jind reported 89 cases each while Hisar, Panchkula and Jhajjar reported 68, 59 and 55 cases, respectively, according to the bulletin. The total number of active cases in the state was 5,468. According to the bulletin, Covid positivity rate in the state on Friday was 13.82 per cent. During the past over a fortnight, the state has seen a surge in the number of fresh infections, with most cases being reported from Gurugram and Faridabad districts.

Blinkit shuts some Gurugram dark stores for good as delivery workers strike

Some 2,500 Blinkit executives have been on strike in Gurugram since April 12 after the company slashed fixed pay-outs per delivery

Massive fire breaks out in wheelchair manufacturing company in Gurugram

A massive fire broke out due to a short circuit in a wheelchair manufacturing company in Sector 4 of IMT Manesar here on Friday. More than 100 employees were working at the company at the time of the incident. However, all of them managed to come out safely, according to a fire department official. Fire officer Narender Yadav said they received a call at 5.15 pm regarding the fire at Forza Medi India Private Limited in Sector 4 of IMT Manesar. The fire department team reached the spot and pressed 12 fire tenders into service which managed to douse off the flame after two-and-a-half hours of effort, the official said. The fire spread rapidly from the ground floor to the first due to machinery and goods in the plant. The company has suffered a big loss in the incident, added Yadav.

Amid Covid surge, face masks at public places made mandatory in Gurugram

"It is mandatory to wear face masks in public places, malls, government/private offices where more than 100 people gather in the district to prevent the spread of Covid infection"

Rising online frauds: Gurugram woman loses Rs 76 lakh in movie review scam

Citizens have been getting duped on the pretext of reviewing content and earning quick money

Property to get costlier in Gurugram as circle rates hiked by up to 30%

As per the new rates notified by the government, the circle rates of a housing project on Golf Course Road have been increased and now a homebuyer will have to pay higher taxes

Housing sales in Gurugram up by 10% in January-March, says Anarock

Delhi-NCR's prime residential market Gurugram saw a 10 per cent rise in housing sales during January-March, but demand fell in Noida and Greater Noida by 23 per cent, according to Anarock. Market experts attributed the rise in sales in Gurugram to strong demand for luxury homes. Sales dropped in Noida-Greater Noida due to lesser launches of new projects and lower demand amid increase in mortgage rates as well as property prices, they added. Data from real estate consultant Anarock showed that housing sales in Gurugram went up 10 per cent to 9,750 units in January-March from 8,850 units in the year-ago period. However, Noida-Greater Noida saw a 23 per cent decline in sales to 4,250 units from 5,495 units. In the rest of Delhi-NCR market like Delhi and Ghaziabad, housing sales fell 30 per cent to 3,160 units from 4,490 units. Overall in Delhi-NCR, housing sales fell to 17,160 units in January-March from 18,835 units in the year-ago period. "The underlying cause for this drop seems

Ganga Realty to invest Rs 750 cr to build affordable housing project

Real estate firm Ganga Realty will invest Rs 750 crore to build an affordable housing project in Gurugram. The company will develop 2,972 apartments in new project 'Tathastu', which is spread over 22 acres in Sector 5, Sohna-Gurugram. The price of the apartment starts from Rs 25 lakh. "The company will spend Rs 750 crore to build an affordable housing project," Ganga Realty said in a statement. Vikas Garg, Joint Managing Director of Ganga Realty, said the total project cost is Rs 750 crore and this will be funded through internal accruals and customer advances. The project is expected to be delivered by the first quarter of 2027. Garg noted that Sohna is primarily an end user driven market. In affordable housing segment, realty firm Signature Global is a leading player in the Gurugram market. According to property consultant Anarock, sales of residential properties in Gurugram jumped over two-fold to 32,617 units during 2022 on higher demand across all price categories affordab

DLF to invest Rs 3,500 cr in next 4 yrs on housing project in Gurugram

Realty major DLF will invest around Rs 3,500 crore over the next four years to construct a new luxury housing project in Gurugram as its seeks to tap strong demand for residential properties. DLF will develop a new group housing project 'The Arbour', which is spread over 25 acre and comprises 5 towers with a total of 1,137 premium apartments. DLF, the country's largest real estate firm in terms of market cap, sold all 1,137 units, each costing Rs 7 crore and above, for over Rs 8,000 crore within 3 days (February 15-17). In an interview with PTI, DLF Ltd CEO Ashok Tyagi said, "We will develop around 4.5 lakh square feet area in this new project." Asked about the construction cost, he said it will be between Rs 7,000-8,000 per square feet given the amenities promised in this luxury project. Tyagi said the overall construction cost has shot up due to increase in prices of key materials like cement and steel. The total construction cost will be around Rs 3,500 crore over the next fou

HARERA revokes agent's RERA registration obtained on forged documents

The HARERA has also marked an inquiry into the matter taking instant cognizance of the complaint in this regard

Gurugram health department collects samples of 30 influenza suspects

The health department has sent the samples of 30 patients suspected of suffering from H1N1, H3N2 for examination, an official said on Friday

DLF sells 1,137 flats in Gurugram for over Rs 8,000 crore within 3 days

Realty major DLF Ltd on Thursday said it has sold 1,137 luxury apartments, priced Rs 7 crore and above, in its housing project in Gurugram for over Rs 8,000 crore within 3 days, reflecting a strong demand for premium flats across major cities. In a regulatory filing, DLF informed that it has "witnessed record breaking pre-formal launch sales of Rs 8,000-plus crores for its luxury high-rise residences, The Arbour". DLF will build 1,137 4BHK apartments across five towers (38-39 storeys) in this 25-acre project. The project is located at Golf Course Extension Road, Sector-63 Gurugram. The project has been fully sold out within three days even before its launch, DLF said. Aakash Ohri, Group Executive Director and Chief Business Officer, DLF Ltd, said, "Our latest luxury offering, 'The Arbour' has received a phenomenal response even before it was launched." The interest shown by discerning homebuyers in the country and overseas is clearly an endorsement of the highly aspirational DLF

Max Estates to invest Rs 3,400 cr to develop 4 projects in Noida, Gurugram

Max Group's realty firm Max Estates will invest around Rs 3,400 crore over the next five years to develop two housing and two commercial projects in Noida and Gurugram as part of its expansion plan. Max Estates, which is subsidiary of Max Ventures and Industries Ltd (MaxVIL), has developed three premium office complex in Noida and Delhi, comprising around 15.5 lakh square feet area and one small boutique luxury housing project in Dehradun. "We have entered into residential real estate segment. We have acquired one land parcel in Noida and entered into a joint development agreement with landowner for a housing project in Gurugram," MaxVIL MD and CEO Sahil Vachani told reporters here. He said the company would launch housing project in Noida in July comprising 250 units, while the one in Gurugram, having 1,200-1,400 units, will be launched next year. That apart, Max Estates will develop two office complexes in Noida and Gurugram comprising 26 lakh square feet leasable area. Asked ab

Man held for stealing flower pots set up for G20 event in Gurugram

Gurugram police have arrested one person in connection with a case related to theft of flower pots set up for the G20 event, police said on Wednesday

Max Estates eyes over Rs 3,200 cr revenue from housing project in Gurugram

Max Ventures & Industries Ltd's (MaxVIL) real estate arm Max Estates has entered into an agreement to develop a 12-acre housing project in Gurugram with an estimated sales revenue of over Rs 3,200 crore. MaxVIL said in a statement that it has entered the Gurugram residential real estate market through a joint development agreement, with development potential of around 2.4 million square feet and gross development value in excess of Rs 3,200 crore. The size of land parcel is about 11.8 acres and it is located in Sector 36A, Gurugram, with direct access from the Dwarka Expressway. Sources said that MaxVIL has entered into a joint development agreement (JDA) with Mohit Jain who owns the land in his personal capacity. Jain is managing director of Krisumi Corporation, which is a joint venture of auto component maker Krishna Group and Japan's Sumitomo Corporation Ltd. Commenting on the deal, Sahil Vachani, MD & CEO of Max Ventures & Industries Ltd, said, "FY2023 has been a ...

Urbanisation and urban dynamics

Cities are not just an economic landscape. In the post-Covid world there is a need to understand the role culture plays in how a city grows beyond its economic allure

Delhi-Mumbai expressway's first leg to boost Gurugram market, say realtors

It will give a huge boost to the residential and commercial market in Gurugram's Sohna and to industries, warehousing & logistics as well

Haryana real estate regulator forfeits bank guarantees of JMS Infra Realty

The Haryana real estate regulatory authority (HRERA), Gurugram has forfeited the bank guarantees of real estate promoter JMS Infra Realty Private Limited as the promoter failed to submit approved service plans and estimates as well as zoning plan of its project on time. As per the conditions for granting RERA registration certificate (RC) in March 2022, the promoter had to submit the approved service plans and estimates and the approved zoning plan of the project within three months. The promoter had submitted Rs 25 lakh each for the two conditions as security deposit with the authority. "The bank guarantees were submitted to authority by the promoter as security for timely submission of approved service plans and estimates and approved zoning plan as stated in the registration certificate which was issued to the promoter by the Haryana real estate regulatory authority, Gurugram in March 2022," said the authority. "Since the promoter has not complied with the conditions of the ...