#RealEstateWithMC: #RWA across #Delhi NCR have said that the govt should provide incentives or subsidies to help get their DG sets retrofitted with Emission Control Devices, as demanded by the Commission for Air Quality Management (#CAQM).
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Moneycontrol
Delhi NCR residents' bodies demand incentives to upgrade DG sets per new emission norms
Upgrading RWA DG sets will cost upwards of Rs 6-12 lakh, which will have to be borne by residents in the absence of any government support. The upgrade has to be done by October.
#RealEstateWithMC:Real estate developer Embassy Group plans to launch 4 million square feet (msf) of residential portfolio with a potential revenue of Rs 3,300 crore within FY2023-24. Additionally, the company is looking forward to launching 1 msf in Chennai, Aditya Virwani, chief operating officer, Embassy Group, said
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Moneycontrol
Embassy Group to launch 4 million sq ft of residential portfolio, eyes Rs 3,300 cr revenue
By the next financial year, the company will launch another 4.6 msf of office space in Bengaluru. The new launches will be between the REIT and non-REIT segments with a potential capex of Rs 2,200 crore.
#RealEstateWithMC: The masterplan for New Noida is in the final stage and is likely to be submitted for approval next month, officials said
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Moneycontrol
New Noida masterplan in final stage, likely to be ready for approval next month
There is hardly any land left in Noida for further development but demand for industries, commercial projects and other work is increasing because of the growing population
#RealEstateWithMC: Experion Developers, backed by Experion Holdings of Singapore, plans to build premium residences in Noida and Gurugram, investing Rs 4,700 crore in FY24
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Moneycontrol
Experion Developers to build luxury homes in Noida, Gurugram; eyes topline of Rs 6,500 crore
The company plans to invest Rs 4,700 crore to develop one project in Noida and two in Gurugram.
#RealEstateWithMC: Experts say that while the distinct chill in Indo-Canada relations is unlikely to dent the domestic market, there could be an impact if the situation is prolonged.
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Moneycontrol
India-Canada row may impact Indian real estate if prolonged, experts say
Total foreign investments by Canada and the US in 2022 stood at $1.6 billion in 2022, accounting for 52 percent of the total foreign inflows.