NGT Slams Haryana Over Environmental Clearance Delay for Gurugram Colony
The National Green Tribunal (NGT) has taken the Haryana State Environment Impact Assessment Authority (SEIAA) to task for its sluggishness in granting environmental clearance to a 225-acre licensed colony in Gurugram’s Sector 47. This criticism comes after the developer argued that environmental clearance wasn’t required when the colony was built
Festive Season to Ignite Housing Market Revival
The upcoming festive season is poised to inject a much-needed dose of optimism into the Indian housing market. A recent report by a leading real estate consultancy firm forecasts a surge in home sales and launches during this auspicious period. Several factors are contributing to this positive outlook. Traditionally, the
Ghaziabad Gears Up for Affordable Housing Boom: Harnandipuram Project on the Horizon
Ghaziabad residents seeking affordable housing options can rejoice! The Ghaziabad Development Authority (GDA) has announced the launch of the Harnandipuram housing project in early 2025. This ambitious project, spread over a vast 523 hectares, aims to address the city’s growing demand for affordable living spaces. The project promises to be
DRA Homes Expands Footprint with Marina Mall Residences Acquisition
Chennai, September 24, 2024: DRA Homes, a prominent player in the Chennai real estate market, has further strengthened its presence by acquiring Marina Mall Residences, a prime residential project in the city’s sought-after Nungambakkam neighborhood. The acquisition, valued at ₹25.10 crore, marks a strategic move for DRA Homes, expanding its
Group 108 Proudly Backs the Book Launch of Award-Winning Author Ms. Damini Grover
Group 108 is deeply honoured to support the launch of “Time to Come Home,” the latest groundbreaking work by acclaimed psychologist and award-winning author Ms. Damini Grover. This insightful book, published by Hay House, offers an expansive and profound exploration into self-love, personal reconnection, and emotional healing—topics that resonate deeply
Luxury Living Redefined: Trends and Innovations in India’s Luxury Residential Market
India’s luxury residential market has seen drastic changes over the years. A report by Cushman and Wakefield says Delhi-NCR is moving ahead among India’s major cities to offer luxury homes with prices to the tune of Rs 15,000 per sq. ft, accounting for 61 percent of all new residential projects.
No GST Relief for Long-Term Land Leases: GoM Meeting in Goa
Panaji, Goa – September 25, 2024: The Goods and Services Tax (GST) Council’s Group of Ministers (GoM) meeting in Goa has concluded without any decision to provide further exemptions for long-term land leases. The GoM, tasked with examining the issue, deliberated extensively but ultimately failed to reach a consensus on
Bhumika Group Makes Strategic Entry into Gurugram with Rs 300 Crore Commercial Project
Gurugram, India – September 25, 2024: In a strategic move aimed at expanding its footprint in the thriving real estate market, Bhumika Group has announced its foray into Gurugram with a new commercial project. The development, estimated to be worth Rs 300 crore, marks a significant milestone for the company
Rising Sun Holdings Expands Footprint with Pune Office Space Purchase
Pune, India – September 24, 2024: Adar Poonawalla’s Rising Sun Holdings, a prominent real estate investment firm, has further solidified its presence in Pune with the acquisition of a substantial 1.75-lakh square feet office space in the city. The strategic purchase, valued at ₹395 crore, is a testament to Rising
Prestige Group Sets Ambitious Target for New Bengaluru Housing Project
Bengaluru, India – September 24, 2024: Prestige Group, one of Bengaluru’s most prominent real estate developers, has announced plans to launch a new residential project in the city. The project, codenamed “Prestige Serenity,” is expected to generate revenue of approximately ₹1,100 crore. Located in a prime location, Prestige Serenity will