Mahindra & Mahindra is considering real estate and IT investments in West Bengal through Mahindra Life Space and Mahindra World City, focusing on residential and SEZ development.
Ansal API and Raheja Developers are investing substantially in SEZ projects to revive a sluggish real estate market, with ambitious plans across multiple states.
Ansal Properties and Infrastructure Ltd. plans to establish SEZs in Greater Noida, Haryana, and Rajasthan, alongside residential and commercial projects in various North Indian cities.
Parsvnath Developers plans to invest up to Rs 500 crore for land acquisitions in FY 2009, focusing on integrated townships. The realtor added 66 acres of land in the latest quarter and has completed land acquisition for 8 SEZ sites. Parsvnath is also in advanced talks to sell stake in its SEZ projects and plans to build hotels and open retail stores during the current fiscal.
Indo Rama Retail Holdings to open 200 stores across India in 3 years, targeting tier-2 and tier-3 cities, with investments up to Rs 40 lakh per store.
Reliance Industries faces land acquisition hurdles for its Haryana SEZs due to price disagreements with landowners, impacting the 25,000-acre project.
Dalmia group's Landmark Land Holdings acquires 10% stake in Pune's Hinjewadi SEZ project, with potential for 49% ownership. The project, developed by Kumar Builders, spans 124 acres and targets $1B+ revenue.
Indians are expected to invest SGD 150 million in Singapore real estate by FY 08-09 end. Land Solutions plans a ₹10,000 crore SEZ in Hyderabad.
Brigade Enterprises acquires 5 acres in Kochi's Info Park SEZ to develop 4-5 lakh sq ft of IT office space, marking its expansion in South India beyond Bangalore and Mysore.
Citibank's Property Investment unit invests $160 million in BPTP's SPV, acquiring a 40% stake to develop four SEZs in NCR, signaling strong investor confidence.
BCCL invests ₹60 crore in Mantri Realty for new projects and infrastructure expansion, including a ₹2,400 crore power plant near Nagpur.