State-owned pharmaceutical companies are shifting focus to real estate development, leveraging their land holdings to build commercial complexes and IT parks. This move aims to generate revenue and meet social objectives without government assistance.
Emaar MGF Land Ltd launches Boulder Hills Golf & Country Club, a Rs 5,610-crore integrated leisure and residential community in Hyderabad, featuring residential, commercial, retail, IT parks, and hotels.
Kult Infotech launches ValuePROPS.com, an innovative online real estate platform in India, offering multilingual support and extensive resources for buyers and sellers.
Gayatri Projects is set to acquire five smaller infrastructure firms, expanding its operations with a Rs 200 crore investment from AMP, facilitating growth across India.
By 2015, airport modernization aims to add 78 million square feet of real estate, boosting non-aeronautical revenues significantly, especially in retail and office spaces.
Royal Palms India plans significant hotel expansion across Mumbai, Hyderabad, and Kolkata with ₹2,400 crore investment
Phoenix Mills is poised to finalize the acquisition of three plots for mall developments in Ahmedabad, Hyderabad, and Nashik for approximately eight billion rupees.
Indiabulls Group is negotiating with global retailers for a pan-India presence while expanding its real estate portfolio with new malls expected to open by 2009.
Puravankara Projects recommends 40% final dividend, operates across multiple Indian cities and international locations
Unitech Ltd is set to launch 1,200 sq ft homes in Greater Noida, while also developing the NKID project near Kolkata in collaboration with Salim Group and Universal Success.
Deutsche Bank's RREEF to invest $1B in Indian real estate over three years, targeting residential, retail, hospitality, and commercial projects in western and northern India.
Ascott Group expands into West India with a new serviced residence in Ahmedabad, partnering with Rattha Group for a significant investment.
Hyderabad-based SatyaVani Green Homes invests $10M in Udhodayam Green Homes, a 12-acre, 1800-unit green township on the Hyderabad-Warangal highway. The project emphasizes eco-friendly construction and renewable energy.
Lodha Group secured a ₹250 crore investment from HDFC for a project in Hyderabad, marking the fourth investment from PE funds totaling over ₹2,400 crore.
BCCL invests ₹60 crore in Mantri Realty for new projects and infrastructure expansion, including a ₹2,400 crore power plant near Nagpur.
Emaar MGF and Marriott International Inc. partner for four hotels in India, totaling 912 rooms and a $400 million investment, slated for completion by 2010.
Country Club Ltd. is set to acquire hotel properties in Dubai and Bangkok, with plans to finance through local banks and after recent successful fund mobilization.
IDEB is expanding its construction and hospitality services across major Indian cities, including plans for a new hotel in Bangalore.
Eldeco Group seeks $200-250 million from private equity investors for projects in Punjab and Maharashtra after abandoning merger and capital market fundraising plans.
India is set to introduce its first green hotel, The Park Hotel in Hyderabad, focusing on sustainable tourism and energy efficiency, with a significant investment planned.
Red Fort Capital Advisors is set to invest an additional $500 million in India, focusing on affordable housing and logistics, while targeting top urban markets.