News18 Lokmat's conclave in Navi Mumbai assembled policymakers and industry leaders to discuss emerging real estate developments, infrastructure initiatives, and regulatory challenges, underscoring the region's market potential through expert-led panels.
Outsourcing giant Convergys relocates from Cyber City to Sohna Road in Gurgaon due to rent hikes
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.
Pune's real estate market has attracted significant private equity investment, primarily in the residential sector, driven by the city's IT industry growth and proximity to Mumbai.
RBI revises norms for loans to hotels and hospitals, excluding them from commercial real estate exposure. Provisions for commercial real estate reduced, but may increase.
India's logistics sector is projected to boom, reaching $385 billion by 2015. 110 logistics parks are expected by 2012, boosting industrial activity and real estate in tier-2 and tier-3 cities.
The Board of Approval for Special Economic Zones approves 29 proposals, including permissions for IT/ITeS SEZs in Kerala, Andhra Pradesh, and Gujarat.
Wipro Infotech secures a decade-long IT project from Lodha Group worth Rs. 1.3 billion for services in India and the Middle East.
Amarpali Group, led by MD Mr. Anil Kr. Sharma, has successfully ventured into SEZs with international-class 4-5-star hospitality projects in multiple cities.