Mumbai is the most preferred real estate investment destination, followed by Chennai, according to a recent survey. Patna, Nasik, Tiruchirapalli, and Madurai are also emerging as attractive options.
Sahara Prime City engages construction firms for residential projects within Sahara City Homes, part of its 217-township initiative across India. Initial development focuses on 102 cities, including Lucknow, Nagpur, and Indore.
Marutham Group launches its first venture, Marutham Gateway, in Pettah, offering 2 & 3-bedroom apartments with numerous amenities. The Chennai-based group has projects across South India and a reputation for timely delivery.
Sahara Prime City announces a mega township project in Coimbatore, featuring nearly four thousand new homes including apartments, houses, and bungalows.
Millennium Spire Ltd (MSL) plans to invest $200 million in Indian real estate, focusing on mixed-use complexes, IT parks, and residential/commercial projects in NCR and Coimbatore.
Provident Housing seeks to raise ₹750 crore from private equity to fund affordable housing projects across various Indian cities, expanding into a growing market segment.
Indo Rama Retail Holdings to open 200 stores across India in 3 years, targeting tier-2 and tier-3 cities, with investments up to Rs 40 lakh per store.
Textile mill and manufacturing unit closures create surplus industrial real estate, impacting rentals and demand in major industrial belts.
PS Group develops $80.4 million IT park in Sri Lanka through international joint venture with technology institute
New airports in India will become business hubs with office, hospitality, and retail spaces, boosting real estate and attracting MNCs.
Tamil Nadu launches online portal for land document processing, aiming to digitize land resources across the state with unique identity numbers.
PBEL Property Development invests INR 20 crore in Mysore for a residential township, marking a strategic expansion into secondary cities in South India.
Rakindo Developers' $250M FDI proposal for Coimbatore township awaits Cabinet clearance
Puravankara Projects recommends 40% final dividend, operates across multiple Indian cities and international locations
Rakindo Developers Pvt Ltd is launching Kovai Hills, an integrated township in Coimbatore, with an investment of Rs 6,000 crore, featuring luxurious villas and world-class amenities.
Rakindo Developers plans a $1.5 billion integrated township in Coimbatore, featuring luxurious villas, an 18-hole golf course, and essential facilities, set to launch in late 2023.