Page 3 - Gurugram

Signature Global to invest Rs 4,000 cr in FY26 for construction projects

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

Gurugram begins 'Operation Shield' drill today, blackout at 8 p.m.

The civil defence exercise is being organised as per the direction and guidance of the Union ministry of home affairs

Whiteland Corp launches Marriott's first branded residence in Gurugram

Planned investment of ₹5,600 crore and projected topline of ₹15,000 crore, the development will include 1,700 Westin-branded residences with no hotel component

New 60-km rapid rail route proposed to link Gurugram, Faridabad and Noida

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

RBI gives in-principle nod to Emirates NBD for India subsidiary setup

The Reserve Bank of India on Monday said it has decided to grant "in-principle" approval to UAE-based Emirates NBD Bank PJSC for setting up a wholly-owned subsidiary in India. Emirates NBD Bank PJSC is currently carrying on banking business in India in branch mode through its branches located in Chennai, Gurugram and Mumbai. "The in-principle approval has been granted to the bank for setting up a WOS (wholly-owned subsidiary) through conversion of its existing branches in India," the Reserve Bank said in a statement. RBI further said it would consider granting a licence for commencement of banking business in WOS mode of the Banking Regulation Act, 1949 to Emirates NBD Bank PJSC, on being satisfied that the bank has complied with the requisite conditions laid down by RBI as part of "in-principle" approval. According to the bank's website, Emirates NBD India branches offer a range of banking services for both personal and corporate clients. It also offers an exclusive banking ...

Elan Group awards Rs 1,100 cr contract to Leighton Asia in Gurugram

Realty firm Elan Group has awarded a contract worth Rs 1,100 crore to Leighton Asia to develop a luxury housing project in Gurugram. Leighton Asia is part of the Australian CIMIC Group. In a statement on Thursday, the company said it awarded the construction contract for its ultra-luxury residential development, 'Elan The Emperor' located in Sector 106, Dwarka Expressway, Gurugram. The project is part of Elan Group's 50 acre, integrated township. The contract covers nearly 5 million sq. ft. of built-up area. Elan Group had earlier awarded contracts worth 1,800 crore to construct other projects. Rakesh Kapoor, Chairman, Elan Group, said, " Partnering with Leighton Asia once again reinforces our commitment to collaborate with the finest global expertise in delivering excellence at every level." Brad Davey, Managing Director, Leighton Asia, said, "With more than two decades of on-the-ground experience in India, Leighton Asia takes pride in setting new benchmarks for quality and ...

Shapoorji Pallonji targets ₹ 1,400-cr sales from Gurugram housing project

Shapoorji Pallonji Real Estate (SPRE), in partnership with KREEVA and ASK Property Fund, on Thursday launched a luxury housing project in Gurugram with a revenue potential of Rs 1,400 crore. In October last year, Shapoorji Pallonji Real Estate (SPRE) formed a joint venture with Kanodia Group's real estate venture Kreeva to develop a residential project, spread over 1.75 acre, in Sector 46, Gurugram. On Thursday, SPRE launched this new project -- The Dualis -- comprising 198 units, as part of its expansion plan to encash strong housing demand across major cities. "The project is poised to generate projected top-line revenues of over Rs 1,400 crore over the next five years," SPRE said in a statement. The project features two towers, each having a height of about 150 metre, with 198 apartments. The size of the flats ranges from 2,850 to 3,600 square feet. Sriram Mahadevan, CEO of Shapoorji Pallonji Real Estate (SPRE) & Managing Director of Joyville Shapoorji Housing, said, "With 'The

Trump Residences in Gurugram sells out in a day for Rs 3,250 crore

Apartments priced between Rs 8 crore and Rs 15 crore, with four penthouses at Rs 125 crore each, fully allotted in second Trump-branded project in Gurugram

All 298 Trump residences in Gurugram sold on launch day for ₹3,250 crore

Real estate developers Smartworld Developers and Tribeca Developers announced in a joint statement on Tuesday

Smartworld, Tribeca sell 298 homes for ₹3,250 cr in 'Trump-branded' project

Realty firms Smartworld Developers and Tribeca Developers have sold all 298 units in the 'Trump' branded ultra-luxury residential project in Gurugram for Rs 3,250 crore, reflecting a strong demand for premium homes in the Delhi-NCR market. In a statement on Tuesday, Smartworlds and Tribeca announced "complete sell-out of Trump Residences Gurgaon on launch day", clocking sales of Rs 3,250 crore. "Priced between Rs 8 crore and Rs 15 crore per unit, the development's 298 homes were absorbed in record time - a testament to the surging demand for branded, ultra-luxury living in India," the statement said. This landmark collaboration between Smartworld, Tribeca, and The Trump Organization comprises two 51-storey towers. Smartworld will oversee development, construction, and customer service, while Tribeca leads design, marketing, sales, and quality control. Pankaj Bansal, Founder of Smartworld Developers, said: "The phenomenal response to Trump Residences is a testament to the aspiratio

Gurugram bans drones, kites, fireworks till July citing security risks

Following the Pahalgam attack, Gurugram district bans drones, fireworks, hot air balloons, and kites until July 7 to prevent panic and maintain public safety

WATCH: ED drags former Cong MLA from Delhi hotel, takes into custody

Ex-Congress MLA Dharam Singh Chhoker was arrested around 9 pm on Sunday at the Grappa Bar inside the Shangri-La Hotel

Gurugram turns into water park after rain, thunderstorms lash Delhi-NCR

Videos shared on X (formerly Twitter) showcased several waterlogged areas of Gurugram. A user shared a video of a waterlogged area following the rainfall

Gurugram gasps for air as Bandhwari fire doused, but toxic fumes fill sky

A fire that broke out at the Bandhwari landfill site in Gurugram two days ago has been doused but the locals are grappling with the toxic fumes that have filled the sky. A local resident said the repeated fires in the garbage mountain in Bandhwari landfill site have caused more trouble for the people living nearby. The smoke generated from these fires makes them gasp for air, the resident said. According to officials, over 25 fire tenders were deployed to control the fire that broke out at the landfill site two days ago. It took firefighters 16 hours to completely douse the blaze, they said. However, it was not the lone incident in the area. In 2024, more than 70 fire incidents were reported in the Bandhwadi landfill site between March and June. Methane gas builds up under garbage in landfills due to the decomposition of organic waste in the absence of oxygen. When it comes in contact with air, it catches fire immediately, according to a Municipal Corporation Gurugram (MCG) ...

Experion Developers to invest over Rs 2K cr in new Gurugram housing project

Realty firm Experion Developers will invest more than Rs 2,000 crore to develop a luxury housing project in Gurugram as part of its expansion plan, its CEO Nagaraju Routhu said. The company will develop 540 apartments in the upcoming luxury housing project 'The Trillion', which is located in Sector 48, Gurugram. "The total investment to develop this 5.5-acre project will be more than Rs 2,000 crore," Routhu told PTI. He said the company will soon start construction work and the entire project will be completed in 5-7 years. Routhu said the demand continues to be strong in the Gurugram market. In the first phase, the company is offering around 180 apartments for sale in a price range of Rs 6-8 crore. Experion Developers has delivered 9 projects in Delhi-NCR, Amritsar and Lucknow while two housing projects in Noida and Gurugram are under construction. The company is a 100 per cent FDI-funded real estate developer and wholly-owned subsidiary of Experion Holdings PTE Ltd, ...

Gurugram hospital technician held in flight attendant sexual assault case

A technician allegedly working at Medanta Hospital here was arrested on Friday in connection with the sexual assault on a flight attendant who was on a ventilator in the hospital, police said. The accused has been identified as Deepak (25), a native of Bihar's Muzaffarpur, who had been living in Gurugram for some time, they said. A senior police officer said that during the interrogation, the accused revealed that he joined Medanta five months ago after completing his bachelor's in Operation Theatre Technology at a private university here. Police said they identified the accused after examining CCTV footage, interrogating the hospital staff and investigating various facts. "Over 50 employees of the hospital and some doctors were questioned, and footage from 800 CCTV cameras was examined. After multiple analyses, we finally identified the accused and arrested him today. He has confessed to the crime," said Dr Arpit Jain, DCP (headquarters), who led the special investigation team in

Air hostess alleges ICU assault while on ventilator; hospital responds

Medanta Hospital has said it is fully cooperating with authorities after a 46-year-old air hostess alleged she was sexually assaulted while on a ventilator in the ICU

After New York, Gurugram to house second Trump residential project

Gurugram to become first city outside US to have two Trump residential projects

Smartworld, Tribeca to build ₹2,200-cr Trump luxury homes in Gurugram

Realty firms Smartworld Developers and Tribeca Developers on Wednesday announced that they will develop an ultra-luxury residential project in Gurugram under the 'Trump' brand with a total investment of around Rs 2,200 crore. M3M Group firm Smartworld Developers and Tribeca have launched the 'Trump Residences' project in Gurugram comprises 298 units. The project has a total saleable area of 12 lakh square feet. This is the second Trump-branded residential project in Gurugram and the sixth project in India. M3M Group, which is developing the first Trump project in Gurugram, will start giving possession from this month. "The total project cost will be around Rs 2,200 crore for this new Trump-branded project," Smartworld Developers co-founder Pankaj Bansal told reporters here. He said the project will be completed in five years. Kalpesh Mehta, Founder of Tribeca Developers, said, "Trump returns to Gurugram with second project. This reflects the strength of the Gurugram market and al

Swiggy's new SNACC app now delivering in Noida, Gurugram in 10 minutes

Delivery of a wide range of delicious snacks, food and beverages in 10 minutes caters to time-starved working professionals and new-age consumers in urban India