Government sanctions seven townships along Delhi-Jaipur Expressway, promising major real estate boom. The 195km corridor will transform urban development between two cities.
Japanese firms Hitachi, Takasago, and Ajinomoto plan to establish manufacturing facilities in OneHub Chennai, a 1,550-acre integrated industrial township.
Navi Mumbai Municipal Corporation defends 'One Time Planning' project in Bombay High Court, estimating Rs 12,821 cr for ultra-modern infra development.
The housing ministry intends to introduce a real estate regulator to curb sector illegalities. The bill, aimed at safeguarding buyers, defines carpet area and mandates project registration.
The Center has cleared twenty-three new special economic zones (SEZs), including seventeen IT and ITeS zones, with in-principle approval granted to six additional proposals.
Citibank's Property Investment unit invests $160 million in BPTP's SPV, acquiring a 40% stake to develop four SEZs in NCR, signaling strong investor confidence.