Chennai-based DRA Group teams with Philippines' Balajadia Family Office in $100M venture targeting Grade-A commercial and retail developments across South India.
Oswal Group's Vardhman Amrante acquired prime 7-acre land in Ludhiana's South City Canal Road for a mixed-use project integrating upscale commercial spaces, hospitality, entertainment, and retail hubs, aiming to redefine Punjab's urban landscape.
Omaxe invests ₹600 Crore in Faridabad’s World Street, adding 1.5M sq.ft retail, 1k+ parking spaces, and Singapore-style design to boost city’s retail ecosystem.
Puducherry’s Smart City initiative leverages smart infrastructure and green solutions to boost urban sustainability and real estate potential.
India’s second-largest reputed developers, Prestige Group, have won the FIABCI World Prix d’Excellence award, showcasing their leadership in the real estate market.
Retail space development in India lagged by 54% in 2008, with only 34 of 74 planned malls delivered. High vacancy rates and economic slowdown contributed to developers deferring projects.
The Indian real estate sector is experiencing a downturn, testing its resilience amid economic changes despite its vital role in urban development and job creation.
Acacia Real Estate acquires 26% stake in Delhi retail mall via JV with Anant Raj Group, expecting 83% ROI over 3.5 years.
DLF Ltd plans to develop eight shopping malls in metros this financial year, focusing on leasing commercial spaces.
The Mumbai airport upgrade will unveil 132 acres for non-aeronautical uses, significantly boosting retail, hospitality, and office spaces in the region.