Daily Real Estate News Digest (28th Feb 2018)










DLF gets 11.76-acre Gurgaon plot with record Rs 1,496 crore bid

In a closely contested auction, DLF has emerged as the highest bidder for a land parcel HSIIDC spread over 11.76 acres in Gurgaon for a record Rs. 1,496cr.

ET Realty

ICICI Prudential AMC unit sells commercial office assets to HNIs

ICICI Prudential Real Estate Investments has sold 4 of its 5 commercial office investments to ultra-rich individual investors & family offices.


Developer hikes price after booking flat, RERA asks him to refund booking amount  

The buyer lost faith in the developer & cancelled the booking post which developer forfeited the amount. The developer allegedly within 48-hours hiked the price to Rs. 1.21cr. MahaRERA ordered the developer to repay booking amount.


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