India's thriving real estate market attracts small & medium-scale manufacturing companies to launch projects or monetize prime land assets.
As land rates soar, textile companies like Provogue and Century Textiles pivot to real estate, aiming to enhance cash flows and diminish debts amid rising property prices.
Textile companies are increasingly venturing into real estate development, including Bombay Dyeing and Century Textiles, as the sector experiences a resurgence.
Bombay Dyeing announced plans to develop 800,000 sq. ft. of property in Mumbai, including a high-rise for commercial and residential use, with potential sales in two years.
Global architects are entering the booming Indian real estate market. Renowned firms like Foster + Partners and HOK are collaborating with Indian developers on large-scale projects, signaling a new era of design and development.