Madhur Bajaj, vice chairman of Bajaj Auto, plans to sell a significant portion of his land holdings under Emerald Acres, citing no interest in real estate development.
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.
Asipac Projects to launch Rs 50 crore real estate fund with institutional investors, expanding services to include investment advisory and construction management.