Shapoorji Pallonji Group plans to expand its IT parks by 52%, adding 2 million sq ft to its existing 5 million sq ft portfolio across India.
Gurgaon farmers allege land grabbing by real estate developers with the consent of the Authority. They claim that government urbanization plans are meant to benefit developers, not farmers.
Godrej Properties launches its first residential project in Gurgaon, partnering with Frontier Home Developers. The project spans 1.05 million sq. ft. and offers flats and penthouses near NH-8.
Choice Hotels plans to invest fifteen hundred crore rupees over two years to expand its hotel count in India from 25 to 50.
Millennium Spire Ltd (MSL) plans to invest $200 million in Indian real estate, focusing on mixed-use complexes, IT parks, and residential/commercial projects in NCR and Coimbatore.