Godrej Properties, a renowned real estate developer, has won a bid to purchase 7.5 acres of land in Gurugram for the construction of a luxury home complex that may generate over Rs 5,500 crore in income.
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Gagandeep Singh, Senior Vice President of Global Real Estate & environment Experience at American Express, continued, “The facility is a fitting reflection of our brand and the kind of workplace where our colleagues can thrive.”
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Easy-to-use applications facilitate the utilization of university resources, guaranteeing smooth integration and adaptability for all staff members. The new campus’s design concept places a strong emphasis on the health and welfare of American Express employees.
The capital appreciation of commercial real estate, which may reach 5–10% in ideal locations, is another noteworthy characteristic. This growth rate outpaces that of residential real estate, making commercial real estate an attractive option for investors.
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According to three sources familiar with the transaction, Hines, one of the biggest privately owned real estate investors and developers in the world, has signed a contract with Pioneer Group to create 1.25 million square feet of office space on Golf Course Extension Road in Gurugram.
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