Suncity Projects announces plans to develop four retail cities in India by 2011, with an investment of Rs 2,000 crore.
Emaar to invest $150 million in three Emaar MGF projects, marking the first major fund infusion since a failed IPO. This equity stake will be in separate SPVs developing retail and office properties in Gurgaon and Mohali.
Vishal Retail is venturing into real estate, aiming to acquire 1 crore sq ft in 3 years for retail expansion and new projects. The initiative is expected to launch later this year or early next year.
Suncity Projects plans to invest ₹15,000 crore in developing 'Jewel of India' mega-malls across six cities, featuring unique ethnic product spaces.