Jaypee Group introduces the Yamuna Expressway project in Uttar Pradesh, connecting Noida to Agra, with a total cost of $2 billion.
Several major Indian real estate developers, including Emaar MGF and Godrej Properties, plan IPOs in the current year, signaling a potential recovery for the industry.
Godrej Properties has filed for an IPO with SEBI, proposing to offer approximately 9.4 million equity shares to support its real estate development plans.