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Gurugram due to repair work of the master pipeline at Kadipur Chowk, as per a PTI report. Due to the repair work by the Gurugram Metropolitan Development Authority (GMDA), there will be a shutdown for 12 hours from the Basai Water Treatment Plant and Sector 16 Boosting Station on Friday, an official said. According to a statement issued by the GMDA, water supply will be affected in several areas of the city, including villages Basai, Kadipur, Sirhole, Chakarpur, Nathupur, Sikandarpur, Hans Enclave, Sectors 10A, 37, 34, 14, 16, 17, 18, and 15, and DLF Phase 1 to 4, among other places. In addition, there will be no water supply in Cyber City and Udyog Vihar Phase-I, II, III, IV and V, South City-I, Sushant Lok-II and MG Road, Surya Vihar (Dundahera), the notification said.

KP Singh joined the company, he inherited an enterprise with ambition but little room to operate.The opportunity lay just outside Delhi.In the early 1980s Haryana began licensing private developers to build residential colonies. DLF secured licences in 1981 and 1983, opening the door to large-scale development in the farmland surrounding Gurgaon. Singh travelled from village to village, persuading farmers to sell their land.

Subscribe to enjoy similar stories. Grade-A office spaces are seeing a drop in vacancy levels, along with improving occupancies, as the leasing trajectory is likely to maintain the good run in the March quarter (Q4FY25), too. Demand for commercial properties continues to be led by global capability centres (GCCs), rising traction in flexible workspaces, and IT/ITes.

Cityflo, a commute service firm, said it is entering Delhi to cater to the daily transit needs of corporate professionals. Founded in 2015 by IIT Bombay alumni Jerin Venad, Rushabh Shah, Ankit Agrawal, and Sankalp Kelshikar, Cityflo aims to provide an alternative commuting solution. The company has served over 2.5 million corporate professionals in Mumbai and Hyderabad. «Delhi's commuters are facing challenges with unreliable schedules and subpar vehicle conditions, even from global mobility players. We are here to change that narrative. Our commitment is to provide a dependable, comfortable, and seamless travel experience that professionals can count on every day,” said Jerin Venad, Co-founder and CEO, Cityflo.

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2024 India Office Occupier Survey conducted by property consultancy CBRE India, occupiers want to move to high-quality office buildings to attract and retain top talent and enhance employee experience. In 2023, 46% of office leasing took place in buildings less than three years old; 57% relocated to buildings constructed post 2020; and 30% of occupiers wanted to expand flexible office usage, as per the survey. “There is a change in mindset.

Gurugram, renowned as the Millennium City, has long dominated NCR’s office and residential landscape, where modern India works and lives. However, suburban regions like Manesar, Bhiwadi and Sohna Road are now offering serious competition driven by affordable housing and buoyant commercial activity. For real estate investors in 2024, weighing rental yields across zones is key to identifying assets with maximum appreciation potential.

Prime Minister Narendra Modi will lay the foundation stone of the Gurugram Metro project on February 16. The Haryana government had approved the formation of the Gurugram Metro Rail Ltd, which shall be jointly owned by the Haryana government and the Government of India, to execute the metro extension project early this year.

DLF Cyber City Developers (DCCDL), the rental arm of DLF, has applied for denotification of 1.1 million sq ft of office space in Special Economic Zones and is hopeful to start leasing it from March end, Sriram Khattar, managing director, rental business, DLF, told investors during a post-earnings earnings call. Special Economic Zones (SEZ) have higher rental vacancies at present than areas that are not deemed export zones. The government in December 2023, revised the SEZ rules.

Gurugram, the bustling satellite city of Delhi, is gearing up for a transformative boost in its real estate sector with the impending metro rail project. Similar to the successful models of DMRC and NMRC in Delhi and Noida, Gurugram is set to establish its dedicated entity, GMRC (Gurgaon Metro Rail Corporation), which is exclusively focused on the city’s metro projects.

Southern Peripheral Road (SPR) stands as one of Gurgaon’s pivotal real estate corridors, spanning from Gurgaon-Faridabad Road near Sector 58 to its connection with NH-48 near Sector 74A, intersecting Sohna Road at Badshahpur Chowk. This evolving corridor in South Gurgaon amalgamates several developed and developing sectors catering to residential, commercial and industrial demand.

office space every year amid growing demand from both domestic and foreign firms, said its founder Neetish Sarda. The company aims to clock revenue of Rs 2,000 crore in 2024-25, a two-thirds increase from Rs 1,200 crore it expects to earn in this financial year, he said. “Almost 70-80% of the employees have returned to work and there has been a surge in demand from corporates who are looking for campus-like infrastructure. Our expansion strategy is in line with the demand,” Sarda told ET. The company has a total portfolio of about 8 million sq ft and plans to increase it to 25 million sq ft in four years.

Smartworks, a provider of flexible workspaces, has leased 1,00,000 sq ft office space in Gurugram's Cyber City, according to two people aware of the deal. While DLF operates the majority of the Cyber City, the building taken by Smartworks is currently known as Reliance House and is owned by an independent owner.

In response to allegations that the network has grown more prone to censorship since the Merge, Ethereum supporters have argued that “not even a single” transaction has been blocked on the network.

Ethereum bulls have hit back against claims the network has become prone to censorship post-Merge, with one arguing that “not even a single” transaction has been censored on the network. 

Ethereum is edging closer to the Merge right now, with the launch scheduled for 15 September. The Merge has already given a sharp boost to Ethereum [ETH] trading over the past month. According to data from Coin Glass, the number of Ether contracts that have not been settled has doubled to just over $8.43 billion.

Founder and chief investment officer of crypto-focused fund Cyber Capital Justin Bons have called Bitcoin (BTC) “technically one of the worst cryptocurrencies,” and a “purely speculative asset without utility” in comparison with other cryptocurrencies due to its lack of technological progress.

Solana has been in the news a lot recently, both for good and bad reasons. It would seem, however, that the latter has caught the fancy of Cyber Capital’s Founder Justin Bons. He is in the news today after he tweeted a thread on the Solana blockchain. Via what many characterized as a rant against the Solana Foundation, the exec went on to say that Solana has “far too many red flags.”

The past couple of months have not been kind to cryptocurrencies. The sector's aggregate market capitalization plunged 50% from a Nov. 10 peak at $2.87 trillion to the current $1.44 trillion. Solana's (SOL) downfall has been even more brutal, presently trading at $88 after a 66% correction since its $260 all-time-high.

The Solana blockchain has faced its second network performance degradation incident this week. According to Solana, this is happening because of a rise in high compute transactions.