The cancellation of Bhubaneswar Metro Rail tenders has created uncertainty in property markets along the planned route, affecting investor confidence in areas like Trisulia and Smart City.
JP Morgan has financed $30 million for Parsvnath Developer’s La Tropicana residential project in New Delhi, allowing Red Fort Capital to exit with a 30% return.
Young Builders acquired DMRC's 2-hectare land in North Delhi for Rs 220 crore to develop a residential complex, impacting nearby property values like Parsvnath Developers’ project.