Godrej Properties Ltd. (GPL) won an e-auction held by the Haryana Shehri Vikas Pradhikaran (HSVP) and successfully acquired two prime luxury group housing plots in Gurugram with a winning offer of ₹515 crore.

Emaar India Ltd and MGF Developments Ltd have had immovable assets worth over 401 acres and ₹834 crore temporarily attached by the Enforcement Directorate (ED). Emaar owns properties worth ₹501.13 crore, while MGF Developments retains the remaining assets at ₹332.69 crore.

Godrej Properties and Sobha won three important land lots in a Greater Noida Authority auction. The auction saw strong participation, exceeding the reserve price of ₹738 crore with offers totalling ₹1,500 crore.

Signature Global, a real estate company, has purchased 14.65 acres of property in Gurugram for ₹350 crore to create a large housing complex as part of its development strategy. The corporation bought property in Sector 37D, near the fast-growing Dwarka Motorway.

Dvok Buildcon, a property developer, purchased an 18-acre site in Gurugram area for ₹310 crore, according to CRE Matrix filings. Gurugram-based firm paid ₹21.72 crore for agricultural property near Manesar, including stamp duty.

In a symbol of Gurugram's rise as India's real estate capital, Godrej, Oberoi, Adani, and DLF have begun building luxury residential projects in the city. Prestige and Sobha are also competing in the city's property market, which is booming and attracting attention.

Experion Developers, the Indian affiliate of Singapore's Experion Holdings, plans to launch many new projects worth over INR 10,000 crore this year. After buying five INR 2,100 crore land tracts, this venture was launched.

Major Real Estate Developers Announce New Projects in the Delhi-National Capital Region in 2023-2024