Shapoorji Pallonji Real Estate launches SKYRAA, a premium 51-storey tower in Thane West offering 3 & 4 BHK homes starting at Rs 2.64 Cr. With 60+ amenities, MahaRERA registered, and prime location near Yeoor Hills, it targets luxury buyers aiming for Rs 525 crore revenue by 2027 possession.
Shapoorji Pallonji has rolled out the second phase of its Joyville project in Howrah, boasting IoT-enabled homes and solar-powered amenities. Building on Phase 1's success with 85% pre-sales, it stands as the area's premier smart township, including co-living options for IT workers fleeing Kolkata's high costs.
Mahindra Lifespaces plans to enter the affordable housing sector within a year, targeting middle-income groups amidst a growing housing shortage in India.
NRI investment in Indian real estate is booming, driven by strong remittances and the market's stability. Major developers are witnessing a significant increase in NRI sales, particularly in cities like Mumbai, Ahmedabad, and Goa.