Indian developers diversify into hospitality due to low real estate margins, high lending rates, and strict financing norms.
Rakindo Developers' $250M FDI proposal for Coimbatore township awaits Cabinet clearance
Rakindo Developers Pvt Ltd is launching Kovai Hills, an integrated township in Coimbatore, with an investment of Rs 6,000 crore, featuring luxurious villas and world-class amenities.
Rakindo Developers plans a $1.5 billion integrated township in Coimbatore, featuring luxurious villas, an 18-hole golf course, and essential facilities, set to launch in late 2023.